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Indonesian tycoon Low Tuck Kwong, the esteemed founder and president director of Bayan Resources, a leading coal mining enterprise in Indonesia, has achieved the status of the nation's second-wealthiest individual. His vast fortune, reported by Forbes magazine, is estimated at a striking US$30.3 billion, underscoring his significant impact on Indonesia's resource sector.
April 17, 1948
77 years
Coal
Energy
Indonesia
Jakarta
Low Tuck Kwong was born on 24 May 1948 in Singkawang, West Kalimantan, Indonesia. His father was a successful businessman, and Low Tuck Kwong grew up in a wealthy family. He attended prestigious schools in Indonesia and Singapore, and he later studied business administration at the University of California, Berkeley.
Low Tuck Kwong: Family
Low Tuck Kwong is married to May Lee Fang, and they have three children. His son, Low Yiqian, is the CEO of Bayan Resources.
Low Tuck Kwong: Career Highlights
Low Tuck Kwong began his career in the coal mining industry in the 1970s. He founded Bayan Resources in 1988, and the company has since become one of the largest coal mining companies in Indonesia. Low Tuck Kwong is also the chairman of several other companies, including PT Bumi Resources and PT Delta Dunia Makmur.
Low Tuck Kwong: Companies
Low Tuck Kwong is the founder and president director of Bayan Resources, a coal mining company in Indonesia. He is also the chairman of several other companies, including PT Bumi Resources and PT Delta Dunia Makmur.
Low Tuck Kwong: Major Achievements
Low Tuck Kwong is one of the most successful businessmen in Indonesia. He has built a multi-billion dollar empire from scratch, and he is now one of the richest people in the world. Low Tuck Kwong is also a philanthropist, and he has donated millions of dollars to various charities.
Low Tuck Kwong: Awards & Achievements
Low Tuck Kwong has received numerous awards and accolades for his business achievements. He was named the "Entrepreneur of the Year" by Ernst & Young in 2007, and he was also awarded the "Lifetime Achievement Award" by the Indonesian Chamber of Commerce and Industry in 2018.
Low Tuck Kwong: Personal Life & Legacy
Low Tuck Kwong is a private person, and he rarely gives interviews to the media. He is known for his hard work and dedication to his business, and he is also a very generous philanthropist.
Low Tuck Kwong's legacy will be as one of the most successful businessmen in Indonesian history.
Low Tuck Kwong: Trivia
Low Tuck Kwong is a fan of golf and tennis. He also enjoys collecting art and antiques.
Low Tuck Kwong is an Indonesian billionaire businessman.
He is the founder and president director of Bayan Resources, a coal mining company in Indonesia.
He is ranked as the second-richest person in Indonesia by Forbes magazine.
He has a net worth of US$30.3 billion.
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