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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.