Low Tuck Kwong
$26.91B
$125.4M (-0.5%)
as of 11/22/24
About Low Tuck Kwong
Known as the coal king, Singapore-born Low Tuck Kwong is the founder of Bayan Resources, a coal mining company in Indonesia.
He also controls Singapore's renewable energy company Metis Energy - formerly known as Manhattan Resources - and has interests in The Farrer Park Company and Samindo Resources.
Low is backing SEAX Global, which is building a submarine sea-cable system for internet connectivity linking Singapore, Indonesia and Malaysia.
Low worked for his father's construction company in Singapore as a teenager and then moved to Indonesia in 1972 for greater opportunities.
In August 2024 he transferred a stake in Bayan, worth $6.6 billion at the time, to his daughter Elaine.
Personal stats
Citizenship
IndonesiaSource of wealth
CoalResidence
Jakarta, IndonesiaMarital status
MarriedBirth date
04/17/48 (age 76)Number of children
2Self-made
self-madeLow Tuck Kwong’s fortune is worth
448K
troy ounces of gold
414K
median U.S. household
269K
median U.S. income
0.538%
U.S. credit card volume
0.108%
GDP of the United States
0.079%
United States debt
Net worth history
Annual ranking
Related people
Did you know?
In 2019, Low Tuck Kwong donated $7 million to Dana Lestari ITB, an endowment fund of the Bandung Institute of Technology.
Net worth over time
Real-time ranking
Financial assets
INDONESIA | BYAN-ID
Bayan Resources GroupSINGAPORE | L02-SG
Manhattan ResourcesINDONESIA | MYOH-ID
Samindo ResourcesINDONESIA | VOKS-ID
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