Robert Kuok Hock Nien, a Malaysian businessman and investor of Chinese ancestry, was born on October 6, 1923. Kuok has been a resident of Hong Kong since 1973. Forbes estimated that in April 2023, his net worth would be $16.8 billion, which made him the 104th wealthiest person in the world and the richest person in Malaysia.

Kuok is the 53rd richest person in the world as of April 2019, according to the Bloomberg Billionaires Index, with an estimated net worth of $18.4 billion back in 2019. Kuok avoids the media, and he and his family own the majority of his companies. His enterprises have stakes in other nations around Asia in addition to numerous businesses in Malaysia.

His companies, collectively referred to as the Kuok Group of Companies, are involved in a variety of business ventures, including sugarcane plantations (Perlis Plantations Bhd), sugar refineries, flour mills, animal feed, oil, mining, finance, hotels (Shangri-La Hotels and Resorts), real estate (Kerry Properties), trading, properties (Kerry Properties), freight (Kerry Logistics), and publishing.

The largest publicly traded palm oil dealer in the world, Wilmar International, is where he derives the majority of his money. Kuok was chosen to serve as a member of the Council of Eminent Persons to assist the newly elected Malaysian government in 2018.

Robert Kuok Bio/Wiki

Birth Name	Robert Kuok Hock Nien
Nick Name	Sugar King of Asia
Age	100 (as in 2023)
Religion	Buddhism
Sun Sign/Zodiac Sign	Libra
Birth Place	Johor Bahru, Malaysia
Date of Birth	6 October 1923
Nationality	Malaysian
Hobbies	Poker
Family
Mother's Name	Zheng Ge Ru
Father's Name
Brother	Philip Kuok, William Kuok
Sister	Kuok Hui Kwong
Girlfriends/Affairs
Affairs/Girlfriends	NA
Marital Status, Wife and Children
Wife/Spouse	Ho Poh Lin
Children	Kuok Hiu Kwong, Beau Kuok, Yen Kuok, Kuok Khoon Ean, Sue Kuok Suon Kwong, Kuok Khoon Wah, Jeffrey Ong Teng Buey, Ruth Kuok, Kuok Khoon Ho, Jill Friedman
Education
School	NA
College/University	Raffles institution, English College Johore Barau
Profession	Entrepreneur, Businessperson
Height, Weight, and Figure Measurements
Height (Approx.)	5 feet and 5 inches
Weight (Approx.)	53kgs
Extra Ordinary Features
Race / Ethnicity	Malaysian. Asian
Hair Color	Black
Eye Color	Black
S*xual Orientation	Straight
Favourite Things
Favourite Food	Malaysian Cuisine
Favourite Book	NA
Favourite Colors	Grey
Favourite Sport	Golf
Controversies	None

Early life 

Kuok was born to a Malaysian Chinese family on October 6, 1923, in Johor Bahru. Robert was the youngest of three brothers born to Kuok Keng Kang and Zheng Ge Ru, Kuok’s mother, who both immigrated to Malaya from Fuzhou, China, around the turn of the 20th century.

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. He attended English College Johore Bahru and Raffles Institution, where Lee Kuan Yew was a classmate of his.

Personal life

Kuok has two previous marriages, to Pauline Ho Poh Lin and Joyce Cheah. As a result of his marriage, he has eight kids. His son Kuok Khoon Ean, who was born in 1955 and married Kuok Cheng Sui, is a graduate of the University of Nottingham in England with a bachelor’s degree in economics.

Kuok Khoon Ho, his other son, who was born in 1951 and has a bachelor’s degree from Canada’s McGill University, is the chairman of Kuok Brothers. His daughter, Kuok Hui Kwong, serves as chairman of Shangri-La Asia and managing director and chief executive of SCMP Group.

The majority of the day-to-day management of his company is handled by one of his sons, Kuok Khoon Ean. He is presently a Kuala Lumpur resident. Philip Kuok Hock Khee, the brother of Kuok, served as Malaysia’s previous ambassador to Germany, Yugoslavia, the Netherlands, Belgium, Luxembourg, and Denmark.

After marrying Eileen Kuok, Philip gave birth to two boys and two daughters. 2003 saw Philip Kuok’s death. William Kuok Hock Ling, another brother, was a member of the Malayan Communist Party and was murdered in 1952 during the Malayan Emergency.

In his book, Kuok wrote that his mother Zheng Ge Ru loved and admired William the most out of all the brothers and was devastated to learn of his passing. Kuok Khoon Hong, his nephew and the head of Wilmar International, is one of Singapore’s wealthiest individuals. Robert Kuok’s elder cousin Kuok Hock Swee was the father of Kuok Khoon Hong.

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Robert Kuok Education

He attended English College Johore Bahru and Raffles Institution, where Lee Kuan Yew was a classmate of his.

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Robert Kuok Family

Kuok has been married twice before—first to Pauline Ho Poh Lin and once to Joyce Cheah. He has eight children as a consequence of his marriage. His son Kuok Khoon Ean, who was born in 1955 and married Kuok Cheng Sui, has an economics bachelor’s degree from the University of Nottingham in England.

The chairman of the Kuok Brothers is Kuok Khoon Ho, his other son, who was born in 1951 and holds a bachelor’s degree from Canada’s McGill University. Kuok Hui Kwong, his daughter, holds the positions of managing director and chief executive of SCMP Group as well as chairman of Shangri-La Asia. One of his sons, Kuok Khoon Ean, manages his business on a daily basis to a large extent. He now resides in Kuala Lumpur.

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Professional Career

Kuok claims that he started off working as an office boy before launching his own company with the help of his family. He joined forces and started working as a clerk for Mitsubishi, a Japanese industrial company, after graduating. Shoji Kaisha was a corporation that, with the aid of a Japanese military unit, monopolised the rice trade in Malaya between 1942 and 1945, when Japan was occupying Singapore.

He was shortly given the position of department head for trading in rice. He used the occupation force’s training for the family company in Johor after the war. Kuok, his two brothers, and a relative named Kuok Hock Chin established Kuok Brothers Sdn Bhd in 1949 to trade agricultural products after the death of the senior Kuok in 1948.

After Malaya obtained independence, Kuok’s ties with the Japanese persisted. With two eminent Japanese partners, Kuok founded Malayan Sugar Manufacturing Co. Bhd. in 1959. Additionally, he added several powerful Malay elites, including monarchy and politicians, to his board of directors and shareholder list.

He purchased inexpensive sugar from India in 1961 before the price spiked and continued to invest heavily in sugar refineries, eventually controlling 80% of the Malaysian sugar market and producing 1.5 million tonnes of sugar, or 10% of the global output, earning him the moniker “Sugar King of Asia.” He constructed Singapore’s first Shangri-La Hotel in 1971.

In 1977, he made his first entry 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 ground, he later constructed his second hotel, the Kowloon Shangri-La. His Kerry Group bought a 34.9 per cent ownership in the South China Morning Post in 1993 from News Corporation, owned by Rupert Murdoch. On April 1st, 1993, Kuok formally retired from the Kerry Group. 

His corporations have financial ties to several nations, including Singapore, the Philippines, Thailand, China’s mainland, Indonesia, Fiji, and Australia. Ten Coca-Cola bottling firms operate in China, and the Beijing World Trade Center is one of their properties. Transmile Group and Malaysian Bulk Carriers Berhad both have interests in freight. 

Wilmar International became the largest palm oil processor in the world after Kuok joined forces with it in 2007 to unite his plantations, edible oil, and grains businesses. Robert Kuok-led PPB Group announced to Bursa Malaysia on October 31, 2009, that it has chosen to sell its sugar plants and the land used to grow sugar cane to FELDA for RM 1.29 billion.

The sales gave the business a one-time profit. In order to raise $400 million, Kuok’s Singapore-based oil services business PACC Offshore Services Holdings (POSH) began pre-IPO discussions with investors in February 2014.

Involvement In Politics

His nomination as one of the Hong Kong Affairs Advisors in the run-up to Hong Kong’s handover of sovereignty and his minority ownership in CITIC Pacific are testaments to his political clout.

In addition, he played a key role in coordinating the discussions between the governments of Malaysia and China which resulted in complete diplomatic recognition between the two nations. Following the 2018 Malaysian general election (GE14), which resulted in a change of government, Kuok was chosen on May 12 as one of the five members of the Council of Eminent Persons to advise the newly elected Pakatan Harapan (PH) federal government.

The other members are Tun Daim Zainuddin, Tan Sri Datuk Seri Zeti Akhtar Aziz, Tan Sri Hassan Marican, and Jomo Kwame Sundaram.

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Robert Kuok Net Worth

His current net worth is $16.8 Billion as of 2023. A network of closely held companies, including Kuok (Singapore), Kuok Brothers in Malaysia, and Kerry Group in Hong Kong, are where the majority of Kuok’s wealth comes from. According to corporate documents, the network’s stockholders number up to 100.

The riches are regarded as a family fortune and totally credited to the billionaire, who founded and is the patriarch, as it is impossible to establish the individual stakes. According to the PPB Group’s 2020 annual report, the family owns 51 per cent of the conglomerate through the holding companies, whose interests include everything from agriculture to real estate. 

In addition, according to the family’s 2021 semi-annual report and the company’s 2021 semi-annual report, the family controls 50% of Shangri-La Asia and 60% of the Hong Kong-listed real estate developer Kerry Properties. The biggest palm oil refiner in the world, Wilmar International, as well as holdings in Kerry Logistics, a logistics services provider located in Hong Kong, and Whitehaven Coal, a coal producer based in Sydney, are among other publicly listed assets.

The average price-to-book value and price-to-earnings multiples of GuocoLand, UOL Group, and Frasers Property, three publicly listed comparable businesses, are used to assess Singapore-based real estate developer Allgreen Properties. A marine freight service named Kuok (Singapore) is evaluated using the average price-to-book ratios of three other companies that are publicly traded: Olam International, Wilmar, and Misc. 

According to corporate filings and a study of data from Bloomberg, he has received dividends totalling nearly $3.5 billion. These earnings, together with insider trading, taxes, and market performance, are used to determine the worth of Kuok’s cash investments.

Estimated Net Worth in 2023 (Approx)	$16.8 Billion
Estimated Net Worth in 2022 (Approx)	$16.9 Billion
Estimated Net Worth in 2021 (Approx)	$12.6 Billion
Estimated Net Worth in 2020 (Approx)	NA
Annual Salary	NA
Assets
Houses
Cars
Yacht
Jets

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FAQs

How much is the net worth of Robert Kuok?

$16.8 Billion

Who is Robert Kuok’s wife?

Ho Poh Lin

What is Robert Kuok’s age?

100 years

What is the name of Robert Kuok firm?

Wilmar

As the chairman of Wipro Limited, Azim Premji is an Indian businessman, investor, engineer, and philanthropist. The founding chairman and non-executive member of the board is Premji. He is referred to as the Czar of the Indian IT Industry informally. He was in charge of directing Wipro through four decades of diversification and expansion, ultimately helping it to become one of the world leaders in the software sector. He was selected by Asia Week as one of the top 20 men in the globe in 2010. In 2004 and more recently in 2011, Time magazine twice included him on its list of the 100 most influential people. He has long been included in lists of The 500 Most Influential Muslims. He is also the Bengaluru-based Azim Premji University’s Chancellor. He is among the wealthiest persons in India, with a Bloomberg Billionaires Index estimate of his net worth at $24.1 billion. He signed the Giving Pledge in 2013, pledging to donate at least half of his wealth. Premji began by giving the $2.2 billion Azim Premji Foundation, which supported education in India. The Edel Give Hurun India Philanthropy List for 2020 put him at the top. After giving away a significant sum of money to charity in 2019, he fell from the second to the seventeenth spot on the Forbes India Rich List.

Azim Premji Bio/Wiki

Birth Name	Azim Premji
Nick Name	Azim Premji
Age	78 years (As of 2023)
Religion	Muslim
Sun Sign/Zodiac Sign	Leo
Birth Place	Mumbai, India
Date of Birth	24 July 1945
Nationality	Indian
Hobbies	Reading Books
Family
Mother's Name	NA
Father's Name
Brother	None
Sister	None
Girlfriends/Affairs
Affairs/Girlfriends	NA
Marital Status, Wife and Children
Wife/Spouse
Marital Status	Married
Children	Rishad and Tariq.
Education
School	St. Mary's School, Mumbai
College/University	Stanford University
Profession	Businessman, Investor, Engineer, and Philanthropist
Height, Weight, and Figure Measurements
Height (Approx.)	157cm
Weight (Approx.)	65 kgs
Extra Ordinary Features
Race / Ethnicity	Indian
Hair Color	White
Eye Color	Black
S*xual Orientation	Straight
Favourite Things
Favourite Food	Hyderabadi
Favourite Book	Mahabharata
Favourite Colors	Grey
Favourite Sport	Cricket
Controversies	None

Early life

Premji’s father established Western Indian Vegetable Products Ltd. in the year of his birth, which created vanaspati, a popular hydrogenated shortening. After colonial India was divided into primarily Hindu India and Muslim Pakistan three years later, the Premji family, who were Muslims, made the decision to stay in India. Premji’s father passed away unexpectedly in 1966, a few months before he was set to finish his engineering degree at Stanford University. He postponed receiving his diploma and instead went back to India to take over the family firm. He then started to diversify the company by getting into consumer goods including soap, shoes, and lightbulbs as well as hydraulic cylinders. When the Indian government asked IBM to leave the country in 1979, Premji renamed the business Wipro and started to guide it toward the computer industry. In the 1980s, Wipro formed a number of fruitful international alliances to aid in the development of computer hardware for the Indian market. But it was software development that brought in the big bucks for the company. Premji gained a reputation for selecting the best candidates and giving them unmatched training. He also profited from India’s enormous pool of educated software professionals who were ready to work for significantly less money than their American counterparts. Wipro focused on creating specialised software for export, mostly to the US.

Azim Premji Education

Premji graduated from Stanford University with a Bachelor of Science in Electrical Engineering. Yasmeen Premji is his wife. Rishad and Tariq, the couple’s two children, were born. Currently, Wipro’s IT division’s chief strategy officer is Rishad Premji.

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Professional Career

Muhammed Hashim Premji established Western Indian Vegetable Products Ltd in 1945. The company is headquartered in Amalner, a tiny village in Maharashtra’s Jalgaon district. It used to produce laundry soap with the brand name 787 as well as frying oil under the Sunflower Vanaspati label as a byproduct. After learning of his father’s passing in 1966, Azim Premji, who was 21 at the time and attending Stanford University to study engineering, went home to take over Wipro. Western India Vegetable Products, as the business was then known, manufactured hydrogenated oils. However, Azim Premji later expanded the company’s product line to include baking fats, ethnic ingredient based toiletries, hair care soaps, baby toiletries, lighting products, and hydraulic cylinders. Wipro’s worth soared in the late 1990s as a result of significant increases in technology stocks, and Premji rose to become one of the richest businessmen in the world—a title he held well into the 21st century. However, more than only external factors inflating the business’s worth contributed to the success of the company and its chairman. At a period when most fortunes in India were founded on ownership of land and factories used to produce things for home consumption, Premji had bravely broken with tradition by developing Wipro into an information technology behemoth with a solid footing in overseas markets. Premji successfully finished his Stanford degree through online learning in 1999. The young businessman changed the company’s name to Wipro and entered the high-technology industry by producing minicomputers in a technological partnership with an American company Sentinel Computer Corporation in the 1980s. Recognizing the significance of the developing IT field, the young entrepreneur capitalised on the void left behind by IBM’s expulsion from India. Premji then turned his attention intently away from soaps and onto the software. Premji was credited with making Wipro one of the fastest-growing corporations in the world, earning him a spot on Business Week’s list of the “Greatest Entrepreneurs.” He received an honorary doctorate from the Manipal Academy of Higher Education in 2000. The National Institute of Industrial Engineering, Mumbai, presented Azim Premji with the Lakshya Business Visionary award in 2006. He received an honorary degree in 2009 from Wesleyan University in Middletown, Connecticut, in recognition of his exceptional philanthropic activities. In 2015, he received an honorary doctorate from Mysore University. He received the Padma Bhushan award from the Indian government in 2005 for his remarkable contributions to trade and business. He received the Padma Vibhushan, the second-highest civilian honour bestowed by the Indian government, in 2011. He was placed ninth on India Today magazine’s list of the 50 most powerful Indians in 2017 in April. Premji received the highest French civilian honour, Chevalier de la Légion d’Honneur (Knight of the Legion of Honour), from the French government in 2018. Premji was listed as one of the “Heroes of Philanthropy list of 30 altruists” in the Asia-Pacific area by Forbes magazine in December 2019. Premji was ranked among the top philanthropists outside of the US by Forbes in 2019.

Donation

He established the nonprofit Azim Premji Foundation in 2001. He promised to donate $2 billion to India’s school system in December 2010. To accomplish this, 213 million equity shares of Wipro Ltd. owned by a couple of his controlled corporations were transferred to the Azim Premji Trust. The largest donation of its sort has ever been made to India. Premji promised an extra 34% of his Wipro stock to the foundation in March 2019. With this distribution, his endowment to the foundation will equal US$21 billion, at a current value of almost US$7.5 billion. The National Centre for Biological Sciences, the Institute for Stem Cell Science, and the Azim Premji Foundation worked together in May 2020 to strengthen the testing infrastructure to address the coronavirus pandemic. The organisation has issued a warning against bogus donation requests in emails that purport to be from the charity. According to Premji, having money “did not delight” him. He became the first Indian to join the Warren Buffett and Bill Gates-led Giving Pledge, which calls on the richest individuals to pledge to donate the majority of their money to charitable organisations. After Richard Branson and David Sainsbury, he is the third non-American to join this group. I firmly believe that those of us who are fortunate enough to be wealthy should make large contributions to try and improve the lives of the millions of people who are significantly less fortunate. He claimed to have donated more than 25% of his personal wealth to charities as of April 2013. He donated a further 18% of his Wipro investment in July 2015, bringing his overall donation to date to 39 per cent. His lifetime donations total more than US$21 billion. He was the first Indian to sign the Giving Pledge. Azim Premji rose to prominence as India’s leading philanthropist in April 2019.

India Philanthropy List by EdelGive

Hurun India and EdelGive issued a list of “India’s most charitable” people on November 10, 2020, with Azim Premji at the top. He increased his donation by 17 times, from $4.53 billion in FY19 to 79.04 billion in the current fiscal year. His donations are primarily used for education. By giving 9,713 crores ($1.33 billion) in FY21, he kept his job.

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3 Leadership Lessons From Azim Premji

Now that you know all about Azim Premji’s net worth and how he achieved success; let’s take a look at some of the lessons we can learn from him:

Be Smart

The 69-year-old philanthropist believes change is inevitable. And so he advises everyone to develop their early warning system, which sets the alarm and prepares one for the changes ahead.

Know Your Strength

While it is important to know one’s weaknesses, it is equally important to know one’s strengths.

Stick To Your Values

He believes that one’s value system forms the core of the business. Premji has time and again emphasised the need to stick to values because he firmly believes that business success eventually but inevitably follows.

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Azim Premji Net Worth

Azim Premji’s net worth is estimated to be $26 billion as of 2023. Azim Premji owns some houses, cars, and stocks, but Azim Premji has not publicly disclosed all of his assets. 

Estimated Net Worth in 2023 (Approx)	$26 billion
Estimated Net Worth in 2022 (Approx)	$24.1 billion
Estimated Net Worth in 2021 (Approx)	$17.5 billion
Estimated Net Worth in 2020 (Approx)	$6.1 billion
Annual Salary	>$10 billion
Assets
Houses
Cars
Jets	NA

FAQs

How much is the net worth of Azim Premji? $26 billion Who was Azim Premji’s wife? Yasmeen Premji What was Azim Premji’s age? 78 What was the name of Azim Premji’s firm? Wipro