Low family fortune first built on iron-ore mining

THE Low family fortune was built by its patriarch the late Datuk Low Meng Tak.

The Teochew-speaking Meng Tak was born in 1922 in a village in China’s Guangdong province and had built a substantial part of the family fortune in China and Thailand primarily in the 1960s and 1970s through his entrepreneurship in iron-ore mining and various liquor distilleries. He had also invested in real estate across Asia, in which a portion has been sold over the years, while the family continues to develop or sell the remaining land bank.