Syed Mokhtar AlBukhary

About Syed Mokhtar AlBukhary

Birth Year: 1951
Birth Place: Kuala Lumpur, Malaysia, Malaysia
Occupation: Founder, Albukhary Group of Companies, Albukhary Foundation
Known for: Business, Philanthropy
Spouse(s): Sharifah Zarah Albukhary

Syed Mokhtar AlBukhary Net Worth

Syed Mokhtar AlBukhary was bornon 1951 in Kuala Lumpur, Malaysia, Malaysia. With a $4.5 billion construction order book for his listed flagship, MMC Corp, reclusive tycoon Syed Mokhtar AlBukhary is on a high. The infrastructure behemoth won a $3.96 billion rail tunneling project in 2016, along with its 50:50 joint venture partner Gamuda. The order is part of the buildout of the Klang Valley mass transit system linking Kuala Lumpur to its suburbs. MMC will be involved with the design and construction of tunnels, underground stations and escape shafts for the second line of the system. In January 2017 MMC bought a 70% stake in KMB Seaport, which operates the Tanjung Bruas Port in Malacca, located at the most central and narrowest part of the Straits of Malacca. Analysts say the company, which listed Gas Malaysia in 2012 and energy outfit Malakoff in 2015, is now looking to take its port operations public, but only next year or 2019. He founded Albukhary International University, providing full tuition to financially needy students, as well as the Islamic Art Museum. A high school dropout, AlBukhary came from a modest family and started out as a rice trader.
Syed Mokhtar AlBukhary is a member of Diversified

💰 Net worth: $1.49 Billion (Updated at 22 June 2018)

2010 $1.5 Billion
2011 $2.5 Billion
2012 $3.3 Billion
2013 $2.75 Billion
2014 $3.1 Billion
2015 $2.9 Billion
2016 $1.5 Billion
2017 $1.8 Billion
2018 $1.81 Billion

Biography/Timeline

1951

Syed Mokhtar Albukhary was born on the 12th of December 1951, the third child of Syed Nor and Sharifah Rokiah in Kampung Hutan Keriang, Alor Setar Kedah. His family traces its roots to Central Asia.

1961

In 1961, Syed Mokhtar moved to Johor Bahru where he spent the next 6 years before returning to Alor Setar where he attended St. Michaels Institution. While still schooling, he got involved in his father’s cattle Business to help him. This would mark Syed Mokhtar’s first involvement in Business.

1976

In his biography, Syed Mokhtar stated that his philanthropic work began in earnest in 1976 when he pledged half of his salary to 15 under privileged families and the other half to his mother and siblings. 20 years later In 1996, he founded the Albukhary Foundation and remains to be its primary benefactor.

1998

The museum was founded in 1998 and is located within Kuala Lumpur’s Lake Gardens. It houses more than ten thousand artefacts from across the Muslim world, as well as a library of Islamic art books. The museum has a total of 12 Galleries.

2010

The Albukhary International University was founded in 2010 and is located within the Sharifah Rokiah Centre of Excellence. The University is housed within a purpose built campus and is spread over 30 hectares in Alor Setar.

2019

With money saved from his involvement in his father’s cattle Business, Syed Mokhtar began venturing into Business on his own.