Robert kuok hui kwong wedding
THE children of Robert Kuok Hock Nien, Malaysia’s richest man, are positioning themselves to grab a share of the tycoon’s wealth worth HK$300 billion (about RM130 billion), according to Hong Kong’s Next Magazine.
“Kuok Group appears calm on the surface without any squabbles, but a battle for wealth and position is brewing within its HK headquarters,” the Chinese magazine said in its just-released cover story, quoting family friends and fund managers.
This is seen as another classic story of the billionaire who has clearly not identified his successor.
Known for its investigative reports on the scandals of the rich and famous, Next Magazine remarked that though Kuok has “retired” and delegated managerial positions to his children, he has been going to Kerry Group Ltd’s headquarters regularly to deliberate on major decisions.
“Kuok Hock Nien declared his retirement in 1992, but he is still not taking a rest. It is retirement without rest,” observed the magazine, which is feared by wealthy celebrities in Hong Kong.
The magazine noted that Kuok, dubbed “Asia’s Sugar King”, has not named any successor to his sprawling business empire, mainly centred on Hong Kong, China, Malaysia and Singapore.
Ranked by Forbes magazine as one of the world’s top 50 richest men in March, Kuok moved his corporate headquarters to Hong Kong from Kuala Lumpur in 1975, reportedly due to his distaste for the New Economic Policy (1971-1990).
The main listed companies controlled by Kuok are Hong Kong-based Kerry Properties Ltd, Shangri-La (Asia) Ltd and South China Morning Post; Singapore-listed Wilmar International Ltd; and Malaysia-listed PPB Group Bhd.
(On Friday market close, PPB Group Bhd was the top loser on Bursa Malaysia after sliding 50 sen or 3.4% to RM14.08 per share. A local Chinese newspaper attributed this to the Next Magazine’s story. At noon today, it gained two sen to RM14.10.)
It is known that Kuok remarried after the death of his first wife. Among
Robert Kuok
Malaysian billionaire business magnate (born 1923)
In this Chinese name, the family name is Kuok.
Robert Kuok Hock Nien, better known as Robert Kuok, (born 6 October 1923) is a Malaysian business magnate, investor and philanthropist based in Hong Kong since 1973. According to Forbes, his net worth is estimated at $11.8 billion as of April 2023, making him the wealthiest Malaysian citizen and 96th wealthiest person in the world. As of April 2023, according to the Bloomberg Billionaires Index 2023, Kuok has an estimated net worth of $17.7 billion, making him the 97th richest person in the world.
Although Kuok is a major figure in business circles in East and Southeast Asia, he has remained media shy and maintains a low public profile despite his massive business success and immense wealth, with most of his companies being privately held by him or his family members. Apart from presiding the ownership over a multitude of businesses spread across numerous industries in the Malaysian economic landscape, his companies have investments in many countries throughout Continental Asia.
His business interests (collectively known as the Kuok Group of Companies) range from sugarcaneplantations (Perlis Plantations Bhd), sugar refineries, flourmilling, animal feed, oil, mining, financial services, hotel (Shangri-La Hotels and Resorts), real estate (Kerry Properties), trading, freight shipping (Kerry Logistics) and publishing. The biggest source of wealth that has contributed to his private fortune is a stake in the Singaporean company Wilmar International, the world's largest listed palm oil trader company. For three months in 2018, Kuok was appointed to the Council of Eminent Persons as an advisor during Mahathir Mohamad's second stint as prime minister.
Early life and education
Kuok was born on 6 Octob What do I see myself after 5 years? 5 years later I have graduated from Bachelor Degree in Business Management and started work as a professional executive in Business related workplace. Besides working, I might further my studies in Master in Business Administration. Why? Nowadays there are too many Bachelor Degree holders in the streets looking for job since 5 years ago, and 5 years later, there will definitely be higher percentages of Bachelor Degree holders in Malaysia itself. Yang BerbahagiaTan SriRobert Kuok Hock Nien (simplified Chinese: 郭鹤年; traditional Chinese: 郭鶴年; Pinyin: Guō Hènián; Foochow Romanised: Guóh Hŏk-nièng; born 6 October 1923), is a Malaysian business magnate, investor, and philanthropist. Since 1973, Kuok has lived in Hong Kong. According to Forbes, his net worth is estimated at $11.8 billion as of April 2023, making him the wealthiest Malaysian citizen and 96th wealthiest person in the world. As of April 2023, according to the Bloomberg Billionaires Index 2023, Kuok has an estimated net worth of $17.7 billion, making him the 97th richest person in the world. Kuok is media-shy and maintains a low public profile, with most of his businesses are privately held by him or his family. Apart presiding the ownership over a multitude of businesses in Malaysia, his companies have investments in many countries throughout Continental Asia. His business interests (collectively known as the Kuok Group of Companies), range from sugarcane plantations (Perlis Plantations Bhd), sugar refineries, flour milling, animal feed, oil, mining, finance, hotel (Shangri-La Hotels and Resorts), property (Kerry Properties), trading, freight (Kerry Logistics) and publishing. His biggest source of wealth is a stake in Wilmar International, the world's largest listed palm oil trader company. In 2018, Kuok was appointed to the Council of Eminent Persons to advise Ex-Prime Minister Mahathir Mohamad. Kuok was born Kuok Hock Nien on 6 October 1923 in Johor Bahru, Johor, Unfederated Malay States, British Malaya to a wealthy Malaysian Chinese family and was named after Robert the Bruce when he enrolled at an English primary school by his father’s English-speaking clerk. Kuok's father Kuok Keng Kang Robert Kuok Birth: 6 October 1923
Johor Bahru, Johor, Unfederated Malay States, British Malaya (now Malaysia) Age: 101 years, 138 days Country: MYS Centenarian Biography[]
Early Life and education[]