Tiong Hiew King & family

Tiong Hiew King & family

$1.10 B

Ranked #1999 in World

About Tiong Hiew King & family

Tan Sri Datuk Tiong Hiew King, the Malaysian Chinese magnate behind the Rimbunan Hijau Group, established in 1975, stands out in the global timber industry with significant operations in Papua New Guinea and Russia. As of March 2018, Forbes listed his net worth at approximately US$1.1 billion, ranking him the 1,999th wealthiest globally. Tiong, who resides in Sibu, Sarawak, on Borneo island, experienced a health setback with a stroke in April 2017. His family is notably the second-largest private landowner in New Zealand. Beyond timber, Tiong's influence extends to the media sector through ownership of major Chinese dailies in Malaysia, including Sin Chew Daily and Guang Ming Daily, and international publications. In 2018, he shifted to a non-executive role in Media Chinese International Limited, the umbrella for his extensive media assets. Politically, the Tiongs are aligned with Sarawak's ruling coalition through the Sarawak United People's Party. The family's practices, particularly in the timber domain, have stirred controversies, including environmental concerns leading to calls for revoking Tiong's honorary knighthood awarded in 2009.

Born

March 18, 1935 in Sibu, Kingdom of Sarawak (now Sarawak, Malaysia)

Source Of Wealth

Timber, Media

Industries

Diversified

Citizenship

Malaysia

Residence

Sibu

Education

Xiamen University

Tan Sri Datuk Tiong Hiew King, the Malaysian Chinese founder and chairman of the Rimbunan Hijau Group, was born in Sibu, Sarawak, Borneo island, part of Malaysia. Information about his early years and childhood is not publicly available.

Tiong Hiew King & family: Family

Tiong Hiew King comes from a prominent family. His family is the second-largest private landowner in New Zealand. His younger brother, Tiong Thai King, was the Member of Parliament for the Lanang Parliamentary Constituency in Sibu from 1995 to 2013.

Tiong Hiew King & family: Career Highlights

Tiong Hiew King founded the Rimbunan Hijau Group in 1975, which has become a major player in the timber industry. The company's overseas timber operations in Papua New Guinea are the largest in that country, and it also has interests in logging operations in Russia.

Tiong Hiew King & family: Companies

Tiong Hiew King's business interests extend beyond the timber industry. He has significant influence in the media sector through his ownership of several major Chinese national dailies in Malaysia, including Sin Chew Daily and Guang Ming Daily. He also operates The National Daily in Papua New Guinea and Ming Pao Holdings Ltd in Hong Kong.

In an effort to create a global Chinese publishing group, Tiong Hiew King merged Ming Pao Enterprise Corporation Limited, Sin Chew Media Corporation Berhad, and Nanyang Press Holdings Berhad to form Media Chinese International Limited (MCIL), which serves as the holding company for all of his media assets.

Tiong Hiew King & family: Major Achievements

Tiong Hiew King's business acumen and entrepreneurial spirit have led to significant achievements. He has built a multi-billion dollar business empire and has become one of the wealthiest individuals in the world, with a net worth estimated at around US$1.1 billion as of March 2018. His contributions to the timber and media industries have made him a prominent figure in both sectors.

Tiong Hiew King & family: Awards & Achievements

Tiong Hiew King's contributions have been recognized through various awards and honors.

He was conferred the Commander of the Order of Loyalty to the Crown of Malaysia (PSM) in 1999, which carries the title "Tan Sri." He also received the Commander of the Order of the Star of Hornbill Sarawak (PGBK) in 1990, which carries the title "Datuk." Additionally, he was awarded an honorary knighthood of the Order of the British Empire (KBE) in 2009.

Tiong Hiew King & family: Personal Life & Legacy

Tiong Hiew King resides in Sibu, Sarawak, Borneo island, part of Malaysia. He suffered a stroke and was hospitalized in April 2017. Information about his personal life and legacy is not widely available.

Tiong Hiew King & family: Trivia

Tiong Hiew King's honorary knighthood of the Order of the British Empire (KBE) became a subject of controversy due to environmental groups calling for his title to be stripped. The groups alleged that his company's logging operations have contributed to the destruction of tropical forests.

Wealth History

Timeline

1975

Tan Sri Datuk Tiong Hiew King founded the Rimbunan Hijau Group, a timber company.

1990

Tiong Hiew King was awarded the Commander of the Order of the Star of Hornbill Sarawak (PGBK) – Datuk.

1995

Tiong Hiew King's younger brother, Tiong Thai King, became the Member of Parliament for the Lanang Parliamentary Constituency in Sibu.

1999

Tiong Hiew King was awarded the Commander of the Order of Loyalty to the Crown of Malaysia (PSM) – Tan Sri.

2009

Tiong Hiew King was awarded an honorary knighthood of the Order of the British Empire (KBE).

2013

Tiong Thai King stepped down as the Member of Parliament for the Lanang Parliamentary Constituency in Sibu.

2017

Tiong Hiew King suffered a stroke and was hospitalized.

2018

Tiong Hiew King stepped down as executive chairman of Media Chinese International Limited (MCIL).

Tiong Hiew King & family : FAQs

What is Tiong Hiew King's net worth?

As of 2018, Tiong Hiew King's net worth was $1.10 billion.

What are Tiong Hiew King's main sources of wealth?

Tiong Hiew King's main source of income comes from Timber, Media.

In which industry does Tiong Hiew King primarily operate?

Tiong Hiew King is primarily involved in the Diversified industry.

What is Tiong Hiew King educational background?

Tiong Hiew King holds a Xiamen University.

How many children does Tiong Hiew King have?

Tiong Hiew King has 3 children.

Who is Tan Sri Datuk Tiong Hiew King and what is he known for?

Tan Sri Datuk Tiong Hiew King is a Malaysian Chinese entrepreneur known as the founder and chairman of the Rimbunan Hijau Group, a global timber company established in 1975. His businesses extend to major overseas operations, especially in Papua New Guinea and Russia, and he was ranked as the 1,999th richest person in the world by Forbes in March 2018.

What media assets does the Rimbunan Hijau Group operate under Tan Sri Datuk Tiong Hiew King's leadership?

Under Tan Sri Datuk Tiong Hiew King's leadership, the Rimbunan Hijau Group operates several media assets, including the Malaysian Chinese dailies Sin Chew Daily and Guang Ming Daily, The National Daily in Papua New Guinea, and Ming Pao Holdings Ltd in Hong Kong. These are part of Media Chinese International Limited, a global Chinese publishing group.

What is Tan Sri Datuk Tiong Hiew King's involvement in politics?

Tan Sri Datuk Tiong Hiew King and his family are prominent members of the Sarawak United People's Party (SUPP), a major party in the ruling coalition government of Sarawak. His younger brother, Tiong Thai King, served as the Member of Parliament for the Lanang Parliamentary Constituency in Sibu from 1995 to 2013.

What controversy surrounds Tan Sri Datuk Tiong Hiew King's honorary knighthood?

Tan Sri Datuk Tiong Hiew King was awarded an honorary knighthood of the Order of the British Empire in 2009. However, environmental groups have called for his title to be stripped due to allegations of tropical forest destruction by his company.
Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+