Friday, 13 March 2015

Tan Sri Robert Kuok

Tan Sri Robert Kuok Hock Nien

Name: Tan Sri Robert Kuok Hock Nien
Age: 92
Born: 6 October 1923, Johor Bharu, Malaysia
Position: Chairman, Shangri-La Hotels and Resort Chain

Reason I choose Tan Sri Robert Kuok Hock Nien
Tan Sri Robert Kuok is the proud of the Malaysian. He was the self made billionaire entrepreneur who successfully built his business empire from a small beginning from his home town at Johor Bharu. His story was a legend and inspire many entrepreneur especially the young entrepreneur. Tan Sri Robert Kuok is a person who change from nobody to somebody which I think is a good model for all young entrepreneur who once had their dreams.

Background of Tan Sri Robert Kuok
According to the news publish by Forbes, Tan Sri Robert Kuok occupies the top spot on the Forbes Malaysia Rich list for the 10th straight year, which mean that he is still the Malaysia's richest man. Tan Sri Robert Kuok's father is from Fujian, China, a commodities trader who arrived in Malaysia in 1909 which that time Malaysia still called as Malaya. Although Tan Sri Robert Kuok come from a celebrated background, he still admitted that he was once only an office boy. Tan Sri Robert Kuok was the youngest of three brothers. Three of them are studying in Raffles Institution in Singapore. At that moment,Tan Sri Robert Kouk had the chance to built up his English communication skill and this help him a lot in building his business empire.

Tan Sri Robert Kuok Hock Nien and the Kuok Foundation House at Singapore

How Tan Sri Robert Kuok develop his business
Upon finish his studies in Raffles Institution in Singapore, Tan Sri Robert Kuok worked in grains department of Mitsubishi, a Japanese industrial conglomerate, between 1942 and 1945. After his father died, Robert Kouk and his two brother start their own business which is trading in agricultural commodities and named as Kuok Brothers Sdn Bhd in 1949. Under the new post-colonial government, he was venture into being a sugar merchant, alongside the government and who would have thought that a few decades later, he would be controlling the sugar industry in the world.

Business Development
In 1962, the sugar merchant facing a great challenge which the supplied of sugar in Malaysia increasing dramatically. The supply of sugar from China and the price was cheaper than Tan Sri Robert Kuok. However, sooner Tan Sri Robert Kuok had found the solution which is taking the sugar supply from India. Tan Sri Robert Kuok continued to invest heavily in sugar refinery, controlling 80% of the Malaysian sugar market with production of 1.5 million tonnes per year which is equivalent to 10% of world production. This had made him called as "Sugar King of Asia".

In 1971, Tan Sri Robert Kuok had built the first Shangri-La Hotel, in Singapore. His foray into the Hong Kong properties began in 1977, when he acquired a plot of land on the newly reclaimed Tsim Sha Tsui East waterfront. And at here, Tan Sri Robert Kuok had built his second hotel which name as Kowloon Shangri-La.

In October 2009, Tan Sri Robert Kuok's PPB Group issued a statement to Bursa Malaysia, stating that it has decided to sell its sugar units to Felda, along with the land used to cultivate sugarcane, for RM1.29 billion.

Tan Sri Robert Kuok’s business interests now cover sugarcane plantations, sugar refinery, flour milling, animal feed, oil and mining to finance, hotels, properties, trading and freight and publishing.The Kuok group was also investing in many country which including Singapore, Thailand, Philippine, China, Indonesia, and Australia. The Kuok group is organized geographically under 3 main hold companies in Hong Kong, Singapore, and Malaysia.

According to Forbes, Tan Sri Robert Kuok's real time net worth $11 Billion. He had been stated as the Chinese Malaysian tycoon made his fortune in sugar, palm oil, shipping and real estate. Here is the interview video of Tan Sri Robert Kuok with CCTV "Dialogue".

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  1. Good sharing here, Robert Kuok Hock Nien is an influential Malaysian Chinese businessman. According to Forbes his net worth is estimated to be around $10 billion on May 2008. Visit below page for Robert Kuok Hock Nien notes on the past sixty years:

  2. Dear Writer, Please check whether Mr Robert Kuok is a Tan Sri....I don't think he is one....Mr R Kuok dont need any title like JP, Dato, Datuk, Dato Seri or Tan Sri ever given FREE forget about BUYING one....thats why most Malaysian respected him....All Malaysian of all races should learn from this great man of Malaysia

  3. The story is great. I'm attracted by the piano track, can u share it? Thnx.