Kuok Khoon Hong’s profile picture

Kuok Khoon Hong

Kuok Khoon Hong’s profile picture
Net worth 2018: $2.25 Billion
Industry: Manufacturing
Residence: Singapore, Singapore
Country: Singapore
Children: 4
BIOGRAPHY

Kuok Khoon Hong was born in Singapore, Singapore, Singapore. Kuok Khoon Hong is #1122 in List Billionaires People In The World. Kuok Khoon Hong, the Singapore-based nephew of Malaysian billionaire Robert Kuok, cofounded Wilmar in 1991 and built it into one of the world's largest palm oil producers. The agribusiness giant, which suffered a net loss of $220 million for the second quarter of 2016 due to losses in its oilseeds and grains business, ended the year on a more positive note: it reported annual net profit of $160 million on revenue of $41 billion. Wilmar is expanding its sugar interests with a new joint venture with Brazil's Raizen Energia. BandLab Technologies, a digital music startup founded by Kuok's son Kuok Meng Ru, bought a 49% stake in Rolling Stone magazine last September.

NET WORTH STATISTIC
2010

$3.5 Billion

2011

$3.2 Billion

2012

$3.5 Billion

2013

$2.6 Billion

2014

$2.3 Billion

2015

$2.3 Billion

2016

$2.2 Billion

2017

$2.4 Billion

2018

$2.25 Billion

TIMELINE
2011

In 2011 Hong was estimated by Forbes to be worth $750 million and ranked as the 6th richest Singaporean

(3.3/162 votes)
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