Net Worth: $12.4 Billiom As of March 2012
Source of Wealth: Diversified, Self-made
Country Of Citizenship: Malaysia
Residence: Hong Kong
Education: Raffles C, Bachelor of Arts / Science
Age: 88 , Marital Status: Married, Children: 8
Malaysian Chinese businessman, Robert Kuok has a net worth of $12.4 billion as of March 2012, according to FORBES. The richest man in Malaysia made his fortune in sugar, palm oil, shipping and property. Apart from a multitude of businesses in Malaysia, his companies have investments in many countries throughout Asia. His Kuok Group boasts a huge network of companies under 3 main holding companies, in Hong Kong, Singapore and Malaysia. He controls the South China Morning Post, once the world's most profitable daily newspaper. Robert Kuok biggest source of his wealth is stake in Wilmar, the world's largest listed palm oil company. His Hong Kong real estate and hotel assets got huge increased in the past 2 years. Wilmar is run by nephew Kuok Khoon Hong, a Singapore citizen who's also a billionaire thanks to his 10% stake in Wilmar.