• Source of Wealth: Business (Coal – Bayan Resources)
  • Birth Place: Singapore
  • Marital Status: Married
  • Full Name: Low Tuck Kwong
  • Nationality: Indonesian
  • Date of Birth: 1948
  • Ethnicity: Singaporean
  • Occupation: President Director of PT Bayan Resources Tbk
  • Education: University of Notre Dame
  • Children: 2 (Yi Ngo and Elaine)

 

Low Tuck Kwong has an estimated net worth of $2.4 billion.

He is also the fourth richest billionaire in Indonesia. He owns a coal-mining outfit, Bayan Resources, which brings him a great deal of fortune every year.  He is the supplier of 100 million tonnes of coal to Universal Crescent Power Private in India from 2015-2040. He also owns stakes in Singapore Health Partners and Singapore-listed Manhattan Resources. Before making it this far, Low Tuck Kwong started as an employee to his father’s company in Singapore. He moved to Indonesia later on and invested in coal mining. His company went public in 2008 and his stock price has significantly increased since its listing in Indonesia.

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