Syed Mokhtar Al-Bukhary Net Worth 2020: Syed Mokhtar AlBukhary is Malaysia businessman who has a net worth of $3.1 billion. Syed Mokhtar AlBukhary is involved in a vast variety of business areas which include transportation and logistics, plantations, property development, defense and armory as well as engineering and power generation. The richest Bumiputra corporate figure in Malaysia, Syed Mokhtar Al-Bukhary has an estimated net worth of over $1.73 billion as of April 2016 according to Forbes. The bulk of his wealth comes from stakes in listed conglomerates MMC Corp. and DRB-HICOM. Even though his shares fell […]

Syed Mokhtar AlBukhary is involved in a vast variety of business areas which include transportation and logistics, plantations, property development, defense and armory as well as engineering and power generation. Syed Mokhtar Albukhary. KUALA LUMPUR: Malaysia’s richest man Robert Kuok Hock Nien loses US$3.2 billion of net worth as Tan Sri Syed Mokhtar Albukhary drops from the latest Forbes’ 2020 Billionaires list. Syed Mokhtar Al-Bukhary is a top corporate leader with a very diverse business portfolio. Syed Mokhtar AlBukhary was bornon 1951 in Kuala Lumpur, Malaysia, Malaysia. Syed Mokhtar Al-Bukhary Net Worth $3 Billion. Tan Sri Syed Mokhtar Al-Bukhary is known as a founder of Albukhary Foundation.According to Forbes, he has a net worth estimated to be US$1.45 billion. Malaysian Billionaire Tan Sri Syed Mokhtar AlBukhary Net Worth Is US$2.75 Billion As of March 2013 At a Glance. His daddy was a trader that had taken a trip to Central Asia and also Thailand in his youth prior to settling down in Kedah throughout the 1940s. – Syed Mokhtar Albukhary In this respect, the Albukhary Foundation is the umbrella of the Albukhary International University (AIU). He was born on 1952 in Alor Setar Kedah and a son to a trader who travelled to Central Asia and Thailand. When Syed Mokhtar brought home his first salary of RM1,500 as a rice trader in 1974, his mother, Sharifah Rokiah, reminded him that while they lived a humble life, there were others in the community who were poorer. He is also the eighth richest person in Malaysia’s 50 Richest List and 526th in the World Billionaires List. 9. KUALA LUMPUR (April 7): Malaysians occupied 12 spots on Forbes’ 2020 Billionares List, compared to 13 in 2019. Syed comes from a middle class family, and is one of the seven children; his parents are of Hadhrami Arab ancestry. To put things in perspective, Tanjung Bin is controlled by Malakoff Corp Bhd, which, in turn, is a Syed Mokhtar company (see chart). Syed Mokhtar AlBukhary was bornon 1951 in Kuala Lumpur, Malaysia, Malaysia. In 2020, Syed Mokhtar Al-Bukhary’s net worth was estimated to be $3.1 Billion. As a result, Syed Mokhtar’s stake in DRB-Hicom rose from 15.8% to more than 50%, giving him control over the company. Most of his childhood, Syed spent living with an uncle in Johore Bahru, however, he returned to his hometown, and went to Saint Michael’s School. And over half of them — a record 1,062 — saw a drop in their fortunes, following the pandemic-driven market rout.

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