Wiki Biography Of Syed Mokhtar Al-Bukhary
Tan SriSyed Mokhtar Shah bin Syed Nor Al-Bukhary was born in Alor Setar, Kedah, Malaysia, in 1952. He is a businessman best known for founding the Albukhary Foundation and being the majority owner of the Malaysian Mining Corporation, among other companies, which is a leader in several industries, including transportation, property development, defense and armaments, and power generation.
Do you know how wealthy Syed Mokhtar Al-Bukhary is as of mid-2016? According to reliable sources, Syed Mokhtar Al-net Bukhary’s worth is reported to be as high as $3 billion, which he has amassed through his successful commercial career.
Syed Mokhtar Al-Bukhary Net Worth $3 Billion
Syed is one of seven children from a middle-class household; his parents are of Hadhrami Arab descent. Syed spent much of his youth with an uncle in Johore Bahru, but he eventually returned to his hometown and enrolled at Saint Michael’s School. His father couldn’t provide enough for the entire family after he graduated, so he was forced into the workforce. Syed gradually built his own business, cultivating and selling vegetables and assisting his father in cattle raising; he eventually took over his father’s operation and began selling meat.
After that firm failed due to a foot and mouth epidemic, he formed a partnership with Zainal Hatim Hj Ambia Bukhary to create a rice trading company. When Lembaga Padi Negara granted him a rice trading license, his company grew and his net worth increased.
yed expanded his business into various other areas as his goals grew, including building and property development, power generating, plantation, engineering, and infrastructure. He owns a number of businesses, including Syarikat seaport terminal (Johore) sdn bhd, SKS Ventures, Syarikat Ratu Jernih, and others.
In addition, he owns a majority ownership in Malaysian Mining Corporation and a one-third stake in PERNAS. In addition, he is the owner of Corak Kukuh Sdn. Bhd, which has further added to his wealth. Syed also serves on the board of Syarikat Bina Puri Holdings Berhad and owns small stakes in a number of other firms in Malaysia and abroad.
His Majesty Seri Paduka Baginda Yang di-Pertuan Agong bestowed the title Panglima Setia Mahkota (P.S.M) to him in honour of his excellent career and contribution to the Malaysian economy. In addition, The Yang Di Pertuan Agong of Malaysia named him the “Tokoh Ma’al Hijrah” in 2008.
During his career, however, Syed has been accused of working at the behest of UMNO, Malaysia’s most powerful political party, and that his ties to the party have only served to help him develop his empire, maybe illegally.
Regardless, Syed is still one of Malaysia’s wealthiest persons, ranking ninth among the country’s richest.
In terms of his personal life, Syed Mokhtar Al-Bukhary is married to Puan Sri Sharifah Zarah Al-Bukhary and has five children with her.
|Net Worth||$3.1 Billion|
|Date Of Birth||1952-01-01|
|Place Of Birth||Alor Setar, Malaysia|
|Children||Ilyas Muzaffar, Ilya Myasara, Iliya Melissa, Iffah Maryam|
|Parents||Sharifah Rokiah Syed Mohamed Rahmat|
|Siblings||Syed Azmin Mohd Nursin|