Syed Mokhtar AlBukhary’s profile picture

Syed Mokhtar AlBukhary

Syed Mokhtar AlBukhary’s profile picture
Net worth 2018: $1.81 Billion
Industry: Diversified
Residence: Kuala Lumpur, Malaysia
Country: Malaysia
BirthDay: 1951
Children: 5
Education: Drop Out, High School
BIOGRAPHY

Syed Mokhtar AlBukhary was bornon 1951 in Kuala Lumpur, Malaysia, Malaysia. Syed Mokhtar AlBukhary is #1252 in List Billionaires People In The World. With a $4.5 billion construction order book for his listed flagship, MMC Corp, reclusive tycoon Syed Mokhtar AlBukhary is on a high. The infrastructure behemoth won a $3.96 billion rail tunneling project in 2016, along with its 50:50 joint venture partner Gamuda. The order is part of the buildout of the Klang Valley mass transit system linking Kuala Lumpur to its suburbs. MMC will be involved with the design and construction of tunnels, underground stations and escape shafts for the second line of the system. In January 2017 MMC bought a 70% stake in KMB Seaport, which operates the Tanjung Bruas Port in Malacca, located at the most central and narrowest part of the Straits of Malacca. Analysts say the company, which listed Gas Malaysia in 2012 and energy outfit Malakoff in 2015, is now looking to take its port operations public, but only next year or 2019. He founded Albukhary International University, providing full tuition to financially needy students, as well as the Islamic Art Museum. A high school dropout, AlBukhary came from a modest family and started out as a rice trader.

NET WORTH STATISTIC
2010

$1.5 Billion

2011

$2.5 Billion

2012

$3.3 Billion

2013

$2.75 Billion

2014

$3.1 Billion

2015

$2.9 Billion

2016

$1.5 Billion

2017

$1.8 Billion

2018

$1.81 Billion

TIMELINE
Syed Mokhtar Albukhary is a Malaysian businessman, entrepreneur and philanthropist. He is the founder of the Albukhary Foundation, an international non-profit charity organization that focuses on social development. His business interests are diversified.Syed Mokhtar Albukhary was born on the 12th of December 1951, the third child of Syed Nor and Sharifah Rokiah in Kampung Hutan Keriang, Alor Setar Kedah. His family traces its roots to Central Asia.In 1961, Syed Mokhtar moved to Johor Bahru where he spent the next 6 years before returning to Alor Setar where he attended St. Michaels Institution. While still schooling, he got involved in his father’s cattle business to help him. This would mark Syed Mokhtar’s first involvement in business.Not long after, an outbreak of Foot and Mouth Disease collapsed his father’s cattle business. This led to Syed Mokhtar having to abandon his studies a few months short of completing his Secondary 5 as his family could not afford to pay for his examination fees.With money saved from his involvement in his father’s cattle business, Syed Mokhtar began venturing into business on his own.Today, the Albukhary Group of Companies is a diversified Business Group consisting of DRB-Hicom, MMC and Tradewinds.In his biography, Syed Mokhtar stated that his philanthropic work began in earnest in 1976 when he pledged half of his salary to 15 under privileged families and the other half to his mother and siblings. 20 years later In 1996, he founded the Albukhary Foundation and remains to be its primary benefactor.The Albukhary FoundationThe Albukhary Foundation is an international non-profit charitable organization headquartered in Malaysia which was founded on the Islamic values of faith (Taqwa) and compassion (Ehsan). Although founded on Islamic values, the foundation does not discriminate on the grounds of race, nationality, ethnic origin and religion.Albukhary International University (AiU)The Albukhary International University was founded in 2010 and is located within the Sharifah Rokiah Centre of Excellence. The University is housed within a purpose built campus and is spread over 30 hectares in Alor Setar.Islamic Arts Museum MalaysiaThe museum was founded in 1998 and is located within Kuala Lumpur’s Lake Gardens. It houses more than ten thousand artefacts from across the Muslim world, as well as a library of Islamic art books. The museum has a total of 12 Galleries.The museum has won a number of domestic and international awards and is one of the most visited museums in Malaysia.Albukhary Scholarship ProgramAlbukhary Scholarship program supports economically disadvantaged students worldwide. To date, over 1,000 scholars from more than 50 countries have successfully completed their studies at top Malaysian private and public universities.
(3/167 votes)
Related Person
Mikail Shishkhanov’s profile picture
Mikail Shishkhanov
Net Worth is $2.1 Billion
Thor Bjorgolfsson’s profile picture
Thor Bjorgolfsson
Net Worth is $2.09 Billion
Antti Aarnio-Wihuri’s profile picture
Antti Aarnio-Wihuri
Net Worth is $2.07 Billion
Patricia Angelini Rossi’s profile picture
Patricia Angelini Rossi
Net Worth is $2.05 Billion
Carlos Hank Rhon’s profile picture
Carlos Hank Rhon
Net Worth is $2.04 Billion
Xiao Yongming’s profile picture
Xiao Yongming
Net Worth is $2.03 Billion