The magnate is the world’s 112th richest person with a net worth of RM71 billion, according to Bloomberg.
Robert Kuok stands tall among an elite group of Asian tycoons who built business empires in the region’s newly independent nations after the Second World War.
Known for his political savvy and extensive connections, Kuok stands tall among an exclusive group of Asian entrepreneurs who built business empires in the region’s newly independent nations after the Second World War. His first taste of business was during the Japanese occupation of Malaya. He was enlisted in the administration of Mitsubishi’s rice distribution business, rising through the ranks from a clerk to head of department by end of the war.
With the help of Japanese partners, Kuok built a sugar refinery in Prai, Penang and went on to trade the commodity all around the world, earning him the infamous “Sugar King of the East” moniker. After the historic victory Pakatan Harapan in 2018, Kuok was summoned by two-time prime minister Mahathir Mohamad as an adviser to help rebuild the country’s economy.
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