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CEO SpotlightMoney and Wealth

Low Tuck Kwong: The Billionaire Who Defied Coal’s Decline

Singapore-born tycoon Low Tuck Kwong has amassed a staggering fortune of $27.9 billion by investing in coal mining, even as experts repeatedly predicted that demand for the fuel would diminish. The majority of his wealth comes from Bayan Resources, one of Indonesia’s largest coal producers, and he holds a 62%...
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