What is Syed Mokhtar Al-Bukhary's Net Worth?
Syed Mokhtar AlBukhary is Malaysia businessman who has a net worth of $3.1 billion. Syed Mokhtar AlBukhary is involved in a vast variety of business areas which include transportation and logistics, plantations, property development, defense and armory as well as engineering and power generation. Even though his shares fell at both MMC Corp. and DRB-Hicom, having racked up debt for acquisitions and other purposes, his fledgling telecom called Puncak Semangat turned out to be a true success story.
It has literally beaten out big players such as Maxis, owned by fellow billionaire Ananda Krishnan, to snatch biggest slice of spectrum for 4G services. Reportedly, MMC's power subsidiary may go public in $1 billion deal. Thanks to his devoted work and his growing net worth he became the richest man in Malaysia as of March 2013.