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Low Tuck Kwong
Singapore-born billionaire Low Tuck Kwong buys $386K painting by former Indonesian president
Singapore-born Indonesian billionaire Low Tuck Kwong, often dubbed the “coal king,” has purchased a painting by former Indonesia President Susilo Bambang Yudhoyono for 6.5 billion rupiah (US$386,330).
Indonesia’s top 3 billionaires: How has their wealth changed in 2025?
3 Southeast Asian billionaires make Forbes Asia’s philanthropy heroes list
From energy to property: How Southeast Asia’s top 5 billionaires made their fortune
The five richest billionaires in Southeast Asia, who collectively boast US$132.6 billion in net worth, built their business empires across various sectors, including coal mining, commodities and real estate.
November 23, 2025 | 04:00 pm PT
How Singapore-born coal tycoon Low Tuck Kwong becomes Indonesia's 2nd-richest billionaire
Singapore-born tycoon Low Tuck Kwong built a US$27.9 billion fortune by investing in his coal mining business even as experts repeatedly forecast that demand for the fuel would taper off.
February 11, 2025 | 03:00 pm PT