Info
- Category:
- Richest Business › Richest Billionaires
- Net Worth:
- $1.9 Billion
- Birthdate:
- 1935 (89 years old)
- Birthplace:
- Sibu
- Gender:
- Male
What is Tiong Hiew King's Net Worth?
Tiong Hiew King is a Malaysian timber tycoon who has a net worth of $1.9 billion. Tiong Hiew King heads the Oregon Group, a global empire of 5 listed and many private companies involved in forestry, palm oil, media, technology, property and hospitality. Nowadays, the group is investing heavily in oil-and-gas exploration in China, Malaysia and Myanmar through Singapore-listed RH Petrogas, increasing his stake to 40%.
While last year, Tiong finally sold his stake in Eon Capital to No. 6 Quek Leng Chan's Hong Leong Bank for $1.7 billion. In addition to his stretching Oregon Group, he owns 7 Chinese-language newspapers and 30 magazines. He was also a former president of the World Chinese Language Press Institute.
