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Lau Cho Kun
$1.47B
as of 07/05/24
About Lau Cho Kun
Lau Cho Kun is the largest shareholder in Hap Seng Consolidated, through holding company Gek Poh and investment arm Lei Shing Hong.
The diversified firm's interests include financial services, plantations and property.
Its plantation division is one of the largest producers of palm oil in Sabah, East Malaysia.
Hap Seng Consolidated has been operating Mercedes-Benz dealerships in Malaysia since 1969.
Privately held Hong Kong-based Lei Shing Hong runs Mercedes-Benz dealerships in Asia and Europe.
Personal stats
Citizenship
MalaysiaSource of wealth
Palm oil, propertyResidence
Tawau, Sabah , MalaysiaMarital status
MarriedBirth date
01/10/36 (age 88)Number of children
1Self-made
inherited and growingLau Cho Kun’s fortune is worth
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25K
troy ounces of gold
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23K
median U.S. household
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15K
median U.S. income
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0.029%
U.S. credit card volume
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0.006%
GDP of the United States
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0.004%
United States debt
Net worth history
Annual ranking
Did you know?
Lau is the nephew of Lau Gek Poh, the late founder of Gek Poh Holdings.
Net worth over time
Real-time ranking
Financial assets
MALAYSIA | 7036-MY
Borneo Oil Bhd.MALAYSIA | 3034-MY
Hap Seng Consolidated BhdImages © Forbes.com. All rights reserved.