Kuok Khoon Hong, a 76-year-old Singaporean entrepreneur known as the "Palm Oil King," leads Wilmar International, a global agribusiness conglomerate valued at $15.52 billion. The company, co-founded with Indonesian entrepreneur Martua Sitorus in 1991, employs 92,000 people and operates over 300 subsidiaries. Forbes estimates Kuok's net worth at $3.8 billion as of 2024. Wilmar expanded into major markets like China, India, and Africa, becoming the world's largest palm oil trader. In 2019, it used satellites to monitor suppliers for sustainability. The company produced 1.87 million metric tonnes of palm oil in 2022, holding significant market shares in key regions. Wilmar also faced scrutiny from Indonesia's anti-competition watchdog. Its vertically integrated business model includes 240,000 hectares of plantations and dominant market positions in edible oil refining.