5 Super-Rich Malaysian Business Icons Who Came From Humble Beginnings

Tan Sri Datuk Tiong Hiew King is a prominent figure in the Malaysian business landscape. He’s recognized for his substantial wealth, with an estimated net worth of $1.3 billion (RM5.5 billion), placing him among the Forbes Malaysia’s 50 Richest. His success is rooted in his role as the Chairman of the renowned Sarawak-based timber giant, Ta Ann Holdings Berhad. This company is a leading player in the global timber industry, specializing in the production and export of a wide range of timber products.

Tiong Hiew King’s journey to success is a testament to his entrepreneurial spirit and keen business acumen. He built Ta Ann Holdings Berhad from the ground up, starting with a small sawmill in Sarawak in the 1960s. Through years of hard work, strategic investments, and a commitment to sustainable forestry practices, Ta Ann Holdings Berhad has grown into a multinational corporation with operations spanning across Malaysia, Indonesia, and other Southeast Asian countries. His leadership has been instrumental in the company’s expansion and its reputation as a responsible and ethical player in the timber sector.

Beyond his business ventures, Tiong Hiew King is also known for his philanthropic endeavors. He actively supports various charitable causes and educational initiatives, making a significant impact on the communities where he operates. His contributions to society underscore his commitment to giving back and creating a positive social impact. His story serves as an inspiration to aspiring entrepreneurs and a reminder of the power of hard work, dedication, and a focus on sustainable practices.