Tan
Sri Syed Mokhtar Al-Bukhary
This type of entrepreneur
trait is referring to an individual who are willing to do something that will
cause financial loss in order to achieve his objective or mission. For example,
Tan Sri Syed Mokhtar Shah bin Syed Nor Al - Bukhary, businessman and the
richest Malay entrepreneurs in Malaysia. According to the Utusan Malaysia, he
had property worth RM10.44 billion in 2016, thus becoming the eighth richest
man in Malaysia.
Tan Sri Syed Mokhtar
Al-Bukhary was born in Alor Setar, Kedah in 1951 at middle class family. His
family hailed from Hadhramaut, Yemen. Before deciding to live in Kedah, his
father traveled as far as Central Asia to trade. Then, his father went to
Thailand, before finally deciding to live in Alor Setar, Kedah in the mid
1940’s. He has seven siblings and he is the third child.
This leader story in business
began when he helps his parents in cattle business around 1960. Unfortunately,
the outbreak of disease hit his parent’s cattle livestock. Hence, Tan Sri Syed
Mokhtar Al-Bukhary took other initiative by applying for MARA’s assistance to
start a lorry business in 1967s. He began to take the risk to start another
business in order to improve his family income.
Furthermore, Bukhari Co.Ltd. is
the first company founded by Tan Sri Syed Mokhtar Al-Bukhary. He develops the
company in order to establish a contract for supply of rice, tea, powdered
chocolate, powdered milk and ghee to the government. This shows he has a
substantial financial capital and willing to take risks to carry on its
business.
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