Michael Kum
$1.18B
as of 10/04/24
About Michael Kum
Hotel tycoon Michael Kum runs a hospitality empire spanning 20 hotels across Asia and Europe through his privately held M&L Hospitality.
His eldest daughter Jocelyn helps him run the hotel group, which includes brands such as Hilton and Hyatt.
The son of street hawkers, Kum got into hotels in 2009 after selling his offshore barges business to Macquarie Group.
Kum's assets include a majority stake in Singapore shipping firm, Atlantic Navigation.
Personal stats
Citizenship
SingaporeSource of wealth
HotelsResidence
Singapore, SingaporeMarital status
MarriedBirth date
01/01/45 (age 79)Number of children
3Self-made
self-madeMichael Kum’s fortune is worth
20K
troy ounces of gold
18K
median U.S. household
12K
median U.S. income
0.024%
U.S. credit card volume
0.005%
GDP of the United States
0.003%
United States debt
Net worth history
Annual ranking
Related people
Did you know?
He cofounded Offshore Equipment in 1976, chartering vessels and barges to the oil and gas industry.
Net worth over time
Real-time ranking
Financial assets
SINGAPORE | 5UL-SG
Atlantic Navigation HoldingsASX | MRM-AU
MMA OffshoreImages © Forbes.com. All rights reserved.