Low Tuck Kwong’s net worth over time
Only dates with a published estimate are shown. Nothing is filled in between. Tap or hover a bar to see the source.
See the numbers as a table
| Date | Estimate | Source |
| 2019 | $2.4 billion | Forbes World's Billionaires List 2019 |
| 2020 | $1.1 billion | Forbes World's Billionaires List 2020 |
| 2021 | $1.1 billion | Forbes World's Billionaires List 2021 |
| 2022 | $3.7 billion | Forbes World's Billionaires List 2022 |
| 2023 | $25.5 billion | Forbes World's Billionaires List 2023 |
| 2024 | $27.4 billion | Forbes World's Billionaires List 2024 |
| 2025 | $27.3 billion | Forbes World's Billionaires List 2025 |
| 2026 | $20.2 billion | Forbes World's Billionaires List 2026 |
| Oct 2026 | $10.1 billion | Forbes Real-Time Billionaires · Forbes real-time estimate |
Where the money comes from
These are the main sources of wealth named in the reporting we cite. No published source breaks the total into exact amounts, so we do not show percentages.
Low Tuck Kwong’s fortune in real-life terms
Based on the Forbes Real-Time Billionaires estimate above. Median full-time U.S. pay is $65,416 a year ($1,258 a week, BLS, Q2 2026), before taxes. Typical (median) U.S. family net worth is $216,100 (Federal Reserve, 2025 Survey of Consumer Finances).
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Low Tuck Kwong has an estimated net worth of $10.1 billion, according to Forbes Real-Time Billionaires, Low Tuck Kwong profile (figures as of October 20, 2026). That is up from $2.4 billion in 2019.
Low Tuck Kwong is an Indonesian businessman known for building Bayan Resources into a major coal mining company. He founded the company and serves as its president director. As a teenager, he worked at his father's construction company in Singapore. In 1972, he moved to Indonesia for bigger opportunities. He later built a career as a contractor there before shifting into mining, a move that became the basis of his fortune.
His business took a major turn after he bought his first mine in 1997. That deal gave him a foothold in coal, the industry that made him one of Indonesia's richest people. Beyond Bayan Resources, he also controls Metis Energy, a renewable energy company in Singapore formerly called Manhattan Resources. He has interests in The Farrer Park Company and Samindo Resources, and he is backing SEAX Global, a submarine cable project linking Singapore, Indonesia and Malaysia.
How Low Tuck Kwong makes money
Most of Low Tuck Kwong's wealth comes from coal. He founded Bayan Resources in Indonesia and built it into the core of his business empire. Forbes places him in the energy industry, and coal remains the main driver of his fortune. His path was practical and business-focused: he started in construction, moved to Indonesia in 1972, did well as a contractor, and then expanded into mining after buying his first mine in 1997.
His money is not tied to one company alone. Low also controls Metis Energy in Singapore, which was previously known as Manhattan Resources. He also has interests in The Farrer Park Company and Samindo Resources. Another bet is SEAX Global, which is building a submarine sea-cable system for internet connectivity between Singapore, Indonesia and Malaysia. Forbes currently values his fortune at $10.1 billion on its real-time billionaires tracker as of October 20, 2026.
How Forbes' estimate changed
Forbes has shown big swings in Low's fortune over time. It put him at $2.4 billion in 2019, then $1.1 billion in 2020 and again in 2021. After that, the estimate rose to $3.7 billion in 2022 and then jumped to $25.5 billion in 2023. Forbes later listed him at $27.4 billion in 2024, followed by $27.3 billion in 2025 and $20.2 billion in 2026 on its World's Billionaires List.
The Forbes notes point to coal as the foundation of his fortune, so those changes track closely with the value tied to Bayan Resources and his broader holdings. They also show that his business interests reach beyond mining into energy, healthcare-related assets and digital infrastructure. In August 2024, he transferred a Bayan stake worth $6.6 billion at the time to his daughter Elaine, another important money move noted by Forbes.
Career and money timeline
- 1972
He moved to Indonesia to pursue bigger business opportunities.
- 1997
He bought his first mine and entered the coal business.
- 2019
He donated $7 million to Dana Lestari ITB.
- 2024
He transferred a Bayan stake worth $6.6 billion to his daughter Elaine.
- 2026
Forbes valued him at $20.2 billion on its World's Billionaires List.
Low Tuck Kwong net worth FAQ
What is Low Tuck Kwong's net worth?
Low Tuck Kwong's net worth is an estimated $10.1 billion, according to Forbes Real-Time Billionaires, Low Tuck Kwong profile (October 20, 2026). It is an estimate, not an official figure.
How did Low Tuck Kwong get so rich?
The main sources named in the reporting we cite are: Coal.
Is Low Tuck Kwong a billionaire?
Yes. Forbes Real-Time Billionaires estimates Low Tuck Kwong is worth $10.1 billion.
How has Low Tuck Kwong's net worth changed?
The earliest published estimate we track is $2.4 billion (2019, Forbes World's Billionaires List 2019). The latest is $10.1 billion (October 20, 2026).
What company is Low Tuck Kwong best known for?
He is best known as the founder of Bayan Resources, a coal mining company in Indonesia. That company is the main source of the wealth tracked by Forbes.
Does he have businesses outside coal?
Yes. He controls Metis Energy and has interests in The Farrer Park Company and Samindo Resources. He is also backing SEAX Global, a submarine cable project.
Sources
- Forbes Real-Time Billionaires, Low Tuck Kwong profile (October 20, 2026)
- Forbes World's Billionaires List 2019, Low Tuck Kwong profile (March 5, 2019)
- Forbes World's Billionaires List 2020, Low Tuck Kwong profile (April 7, 2020)
- Forbes World's Billionaires List 2021, Low Tuck Kwong profile (April 6, 2021)
- Forbes World's Billionaires List 2022, Low Tuck Kwong profile (April 5, 2022)
- Forbes World's Billionaires List 2023, Low Tuck Kwong profile (April 4, 2023)
- Forbes World's Billionaires List 2024, Low Tuck Kwong profile (April 2, 2024)
- Forbes World's Billionaires List 2025, Low Tuck Kwong profile (April 2025)
- Forbes World's Billionaires List 2026, Low Tuck Kwong profile (March 10, 2026)
- U.S. Bureau of Labor Statistics, Usual Weekly Earnings (Q2 2026) (July 2026)
- Federal Reserve, 2025 Survey of Consumer Finances (median family net worth, Table 4) (October 2026)
- Background facts: Wikipedia, Low Tuck Kwong (accessed October 22, 2026). Used for career facts only, never for figures.
Every number on this page is an estimate published by the source named next to it. We never fill in years with our own guesses. How we handle estimates.