Billionaire Profile
Lau Cho Kun
Global Rank
#2477

Image: Public domain | via Wikimedia Commons

Lau Cho Kun

CEO, Hap Seng Consolidated
MY
Real-Time Net Worth
$1.49B
As of December 2025
Age
89
Source
Palm oil, property
Industry
diversified
Citizenship
MY

Biography

Tan Sri Lau Cho Kun, at 89 years old, is a prominent Malaysian businessman with an estimated net worth of $1.49 billion as of December 2025. His wealth primarily stems from his involvement in palm oil and property. Lau is the largest shareholder in Hap Seng Consolidated, a diversified firm with interests in financial services, plantations, and property. His career has seen him transform Hap Seng from a timber business to a major player in various sectors, including automotive (Mercedes-Benz dealerships) and real estate. He is ranked #2477 globally among billionaires.

Wealth Over Time

In-Depth Profile

Early Life

Information regarding Lau Cho Kun's early life and education is limited. However, it is known that he was born on January 10, 1936.

Rise to Success

Lau Cho Kun's success is largely attributed to his role as the largest shareholder of Hap Seng Consolidated. He inherited a company that initially focused on the timber industry. Under his leadership, Hap Seng diversified and expanded into various sectors, including property development, plantations, automotive, and credit financing. Lau's strategic vision transformed Hap Seng into a major conglomerate. He is also the largest shareholder in Hap Seng Consolidated, through holding company Gek Poh and investment arm Lei Shing Hong.

Key Business Strategies

Lau Cho Kun's key business strategies include diversification and strategic investments. His focus on real estate development has paid off handsomely. His company has been operating Mercedes-Benz dealerships in Malaysia since 1969. He also has a strong focus on the palm oil industry.

Philanthropy

Details about Lau Cho Kun's specific philanthropy amounts are not readily available in the search results. However, Lau is known for his contributions to the business community.

Career Milestones

Unknown

Largest Shareholder

Became the largest shareholder in Hap Seng Consolidated.

1969

Mercedes-Benz Dealerships

Hap Seng Consolidated has been operating Mercedes-Benz dealerships in Malaysia.

Philanthropy & Social Impact

General

Unknown

Undisclosed

Details about Lau Cho Kun's specific philanthropy amounts are not readily available.

Business Philosophy & Leadership

Notable Quotes

"Information about Lau Cho Kun's notable quotes is not available."

Leadership Principles

Diversification

Expanded Hap Seng into property development, plantations, automotive, and credit financing.

Controversies & Challenges

2012

Probate Fight

A man claiming to be Lau Gek Poh's son, sought to claim a portion of the estate. Lau Cho Kun was the executor of the will.