Wiki Biography Of Tiong Hiew King
Tan Sri Datuk Sir Hiew-king Tiong, of Chinese heritage, was born in 1935 in Sibu, then the Kingdom of Sarawak, a section of Borneo island that is now Malaysia. He is an entrepreneur and businessman well recognized around the world as the creator of the Rimbunan Hijau Group, a forestry corporation that also owns stakes in various Russian logging enterprises.
Do you know how wealthy Tion Hiew King is as of mid-2016? Tion Hiew King’s net worth has been reported to be as high as $1 billion, according to official sources, and has been amassed through his successful career as a businessman, owning multiple enterprises in several industries.
Tion Hiew King Net Worth $1 Billion
Apart from the fact that he attended Xiamen University, little is known about Tion Hiew King’s childhood and education. His career began in the 1970s, when he formed the Rimbunan Hijau Group, which began as a logging company but has since grown to include multiple subsidiaries, increasing Tion Hiew King’s net worth.
Shimmer International, Malaysian Newsprint Industries, and a number of other firms in forestry, media, information and communication technology, hospitality and leisure, trading and retail services, mining, insurance services, and a variety of other industries are among the enterprises it owns.
Tiong managed to extend his company outside of Malaysia during his career, creating and buying businesses in Indonesia, Papua New Guinea, Equatorial Guinea, Vanuatu, Russia, and Gabon, among other places. Sharpstone Investments is his co-owner, and he has been Chairman of Ming Pao Enterprise Corporation since 1995.
Tiong Hiew King is the proprietor of Malaysia’s largest newspaper, Sin Chew Jit Poh, which he restored in the mid-80s following then-Prime Minister Mahathir Mohammed’s crackdown on “dissidents,” and which is now a leader in circulation in Malaysia and among the Chinese community in particular.
He is also the proprietor of Guang Ming Daily, a Chinese-language daily newspaper published in Malaysia. He is also the owner of Ming Pao Holdings Ltd., which publishes daily newspapers in Hong Kong, as well as Toronto, San Francisco, and New York, among other locations in the United States.
Tiong has also served on a number of boards, including RH PetroGas, where he has been Chairman since 2008.
Tiong Hiew King is also known for his political career, which has seen him back the Sarawak United People’s Party, a position that has served him well over the years.
However, he made it clear that proceeds from his media ventures have gone to charity causes, which has helped him rehabilitate his public image. In terms of his personal life, he is married with four children, however his wife’s name isn’t publicly disclosed. Tiong Thai King, his younger brother, is a politician who served in the Sibu Parliamentary Constituency from 1995 until 2013.
|Net Worth||$1 Billion|
|Date Of Birth||1935|
|Place Of Birth||Sibu, Malaysia|
|Children||Tiong Ing, Tiong Ching, Tiong Chiong Hoo, Tiong Chiong Ong, Tiong Chiew, Tiong Choon|
|Siblings||Tiong Thai King|