Low Tuck Kwong

$24.26B
$400M (-1.6%)
as of 10/03/24

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, Samindo Resources and Voksel Electric.

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.

Low thrived as a building contractor but hit the jackpot after buying his first mine in 1997.

Personal stats

Citizenship

Indonesia

Source of wealth

Coal

Residence

Jakarta, Indonesia

Marital status

Married

Birth date

04/17/48 (age 76)

Number of children

2

Self-made

self-made

Low Tuck Kwong’s fortune is worth

404K

troy ounces of gold

373K

median U.S. household

243K

median U.S. income

0.485%

U.S. credit card volume

0.097%

GDP of the United States

0.071%

United States debt

Net worth history

Annual ranking

Did you know?

In October 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 Group

SINGAPORE | L02-SG

Manhattan Resources

INDONESIA | MYOH-ID

Samindo Resources

INDONESIA | VOKS-ID

Voksel Electric

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