What is Robert Kuok’s net worth?
The estimated net worth of Robert Kuok is projected to be $15.5 billion as of December 2022.
Net Worth: |
$15.5 Billion |
---|---|
Age: |
98 years old |
Born: |
October 6, 1923 |
Gender: |
Male |
Height: |
Unknown |
Country of Origin: |
Malaysia |
Source of Wealth: |
Entrepreneur |
Last Updated: |
December, 2022 |
Who is Robert Kuok? What is his Profession and Nationality?
Robert Kuok’s net worth is projected to be $15.5 billion as of December 2022.
Malaysian business tycoon and investor Robert Kuok.
Kuok avoids the media, and he and his family own the majority of his companies. His companies have investments in numerous nations across Asia in addition to numerous businesses in Malaysia.
The largest source of wealth is the ownership interest in Wilmar International, the biggest publicly traded palm oil company in the world.
Early Life, Birthdate family and Education
On October 6, 1923, Robert Kuok Hock Nien was born in Johor Bahru, Malaysia. Kuok is the son of a Chinese family from Malaysia.
During Japan’s occupation of Malaya during World War II, he was raised speaking the Fuzhou dialect of his parents as well as English and Japanese. Lee Kuan Yew and he were classmates at Raffles Institution, where he also attended English College Johor Bahru.
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According to Kuok, he started out working as an office boy before launching his own company with the help of his relatives. After receiving his degree, he worked as a clerk for Mitsubishi Shoji Kaisha, a Japanese industrial conglomerate, from 1942 to 1945, during the Japanese occupation.
He was soon given the position of department head for trading in rice. He brought the abilities he acquired from the Japanese back to the family business in Johor after the war.
Also he constructed Singapore’s first Shangri-La Hotel in 1971. In 1977, he made his first foray into Hong Kong real estate when he bought a piece of land on the waterfront in Tsim Sha Tsui East, which had just been reclaimed. On this land, he constructed the Kowloon Shangri-La, the city’s second hotel.
Under the leadership of Robert Kuok, PPB Group announced to Bursa Malaysia on October 31, 2009, that it had decided to sell its sugar units and the land used to grow sugar cane to FELDA for RM 1.29 billion.
The sales gave the business a one-time profit. After grain and feed, which accounted for the majority of sales, the sugar unit and sugar cane plantation represented the second-largest business segment.
Robert Kuok’s net worth was $15.5 billion as of December 2022.
Robert Kuok’s Career Highlights
The following are a few of Robert Kuok’s career high points:
- Kuok made his first fortune in the sugar industry
- He founded Kuok Brothers Sdn Bhd in the late 1940s
Favorite Quotes From Robert Kuok
“There is a risk in every business; if you are not brave enough to grab on the first or next opportunities, then you shall be a poor person forever.” – Robert Kuok
“Everything on earth is dynamic; I can only give my children a message, not money. If they follow it, we can go another three or four generations.” – Robert Kuok
“When I hire staff, I look for honest, hardworking, intelligent people. When I look candidates in the eye, they must appear very honest to me. I do not look for MBAs or exceptional students. You may hire a brilliant man, summa cum laude, first-class honors, but if his mind is not a fair one or if he has a warped attitude in life, does brilliance matter?”– Robert Kuok
“My mom knows that I am somehow a talented businessman, but she would not want me to turn to the dark side and be an evil businessman. She advised us to be a good person, and not be greedy about money.” – Robert Kuok
3 Inspirational Lessons From Robert Kuok
Let’s look at some of the things we can learn from Robert Kuok now that you are fully aware of his net worth and the means by which he came to be successful:
1. Success Is 90% Hard Work And Knowledge
For instance, Kuok studied the supply, demand, production, consumption, and shipping process in the sugar industry to remain competitive. Success is not always simple.
2. Be Bold
There are risks in every business. When there will soon be a better opportunity, it is acceptable to back down and pass it up. However, if you lack confidence and consistently back down, you will always be in need.
3. Employees Come First
Because the hotel industry is a service industry where your employees are the most crucial component and you completely depend on them to take care of your customers, we will make it our top priority to care for our staff.
Questions and Answers
What is Robert Kuok’s net worth?
According to estimates, Robert Kuok is worth $15.5 billion.
What is Robert Kuok’s age?
Robert Kuok, who turned 99 years old on October 6, 1923, was born.
What is Robert Kuok’s height?
The height of Robert Kuok is Unknown.
Summary
A Malaysian Chinese businessman named Robert Kuok built his fortune in the sugar sector, but he started out in the corporate world by working in the rice industry.
Robert Kuok’s net worth is projected to be $15.5 billion as of December 2022.