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.
|Net Worth:||$1.9 Billion|
|Date of Birth:||1935|