Low Tuck Kwong

Low Tuck Kwong

$16.80 B

Ranked #158 in World

About Low Tuck Kwong

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.

Born

April 17, 1948

Age

77 years

Source Of Wealth

Coal

Industries

Energy

Citizenship

Indonesia

Residence

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.

Wealth History

Timeline

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.

Low Tuck Kwong : FAQs

What is Low Tuck Kwong's current net worth?

Low Tuck Kwong's current net worth is $16.80 billion.

What is Low Tuck Kwong's current global rank among billionaires?

Low Tuck Kwong holds the 158th position globally among billionaires.

What is Low Tuck Kwong's current ranking within the Indonesia?

Low Tuck Kwong holds the 3rd position in Indonesia.

What was the change in Low Tuck Kwong's net worth compared to the previous year?

Low Tuck Kwong's net worth decreased by 5.48 billion dollars compared to the previous year 2025, when his net worth was 22.28 billion dollars.

What is the recent change in Low Tuck Kwong's net worth?

Low Tuck Kwong's net worth decreased by 583.48 million dollars recently, a 3.47% decrease, with his net worth standing at 16.80 billion dollars.

What are Low Tuck Kwong's main sources of wealth?

Low Tuck Kwong's main source of income comes from Coal.

In which industry does Low Tuck Kwong primarily operate?

Low Tuck Kwong is primarily involved in the Energy industry.

How old is Low Tuck Kwong?

Low Tuck Kwong is 77 years old.

How many children does Low Tuck Kwong have?

Low Tuck Kwong has 2 children.

Who is Low Tuck Kwong and what is his notable achievement in business?

Low Tuck Kwong is an Indonesian billionaire businessman, recognized for founding Bayan Resources, a leading coal mining company in Indonesia. His business acumen has established him as a prominent figure in the Indonesian mining industry.

What company did Low Tuck Kwong establish, and what industry does it operate in?

Low Tuck Kwong established Bayan Resources, which is a coal mining company. Bayan Resources is known for its significant contributions to the coal mining sector in Indonesia.

As the president director, how has Low Tuck Kwong contributed to Bayan Resources' growth?

As the founder and president director of Bayan Resources, Low Tuck Kwong has been instrumental in steering the company to industrial prominence, achieving considerable growth and profitability within Indonesia's competitive coal mining sector.
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