Low Tuck Kwong

$27.29B
as of 03/31/25

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

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

455K

troy ounces of gold

420K

median U.S. household

273K

median U.S. income

0.546%

U.S. credit card volume

0.109%

GDP of the United States

0.08%

United States debt

Net worth history

Annual ranking

Did you know?

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

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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