Next on the list is Hong Leong Group's Tan Sri Quek Leng Chan, 79, which was valued at US$9.7 billion (RM40 billion) compared to US$9.2 billion (RM39.9 billion) last year. According to Forbes, the richest man in Malaysia is Robert Kuok, who has a net worth of $12.2 billion. Some of Malaysia’s richest people have grown their net worth’s over many decades, while others have enjoyed a faster road to success. The entrepreneur also spearheads the annual Wild Digital tech conference, connecting Southeast Asia’s leading tech entrepreneurs towards collaboration and knowledge-sharing. Table of Contents show. Photo: Facebook @billionaires8888, 5 Of The Youngest Billionaires On Forbes' Malaysia's Richest List 2020, Famous Words: Robert Kuok's 12 Quotes On Business, Success & Values, Asia's Power Women: How These 10 Female Bosses Are Shaping Malaysia, Asia's Richest 2021: Meet The 10 Youngest Billionaires, Amazon’s Jeff Bezos Is The Richest Person Alive, 4 Malaysians Join Forbes World's Billionaires 2021 List, The 10 Richest Women In The World In 2020, Forbes World’s Billionaires List 2021: The Top 10 Asians, Meet Nikhil Kamath, India's Youngest Billionaire, China-Born Tycoons Lead Forbes 2020 List Of Singapore's Richest, How 6 Malaysian Billionaires Are Making A Difference During This Covid-19 Crisis. See also: Famous Words: Robert Kuok's 12 Quotes On Business, Success & Values. The Richest People in Malaysia 2021 December 31, 2014 1. The 97-year-old Hong Kong-based businessman however saw a rankings slip and is now the world's 171st richest man compared to his position of 141 in 2020, and estimated net worth at the time which was valued at US$9.6 billion (RM41.6 billion). Robert Kuok The richest Malaysian today is none other than Mr Robert Kuok who despite having a small dip in his fortune in 2016 is still at the peak with wealth amounting to $12.1 billion. Tan Sri Dato' Sri Dr Teh Hong Piow started Malaysian banking behemoth Public Bank Bhd in 1966 and for decades, he served as the chairman before retiring as non-executive chairman in 2019. He is known as the owner of the Kuok Group, which includes interests in hotels, commodities, and real estate. Basically, he chairs all operating of the Hong Leong conglomerate in Malaysia. Her academic degrees include AA social Sci/BA English/MEd Adult Ed & Community & Human Resource Development and ABD in PhD studies in Indust & Org Psychology. . ROBERT KUOK Related stories: Top 40 Richest Malaysians: Part 5 Top 40 Richest Malaysians: Part 4 Top 40 Richest Malaysians: Part 6 The rich became poorer by RM22bil Top 40 Richest Malaysians: Part 3 Top 40 Richest Malaysians: Part 8 Top 40 Richest Malaysians: Part 7 Top 40 Richest Malaysians: Part 2 Their interests stretches wide, including real estate, plantations, credit financing, automotive, fertilizers trading and building material. Koon Poh Keong & siblings $6.2 B Manufacturing 4. Chen is valued at US$3.4 billion (RM14 billion). This man has worn many hats and has done so successfully. You can read more about their methodology here. It is the world’s largest producer of rubber gloves, and it went public in 1991. Quek Leng Chan is married with three children. Closing up the top five richest people in Malaysia is Tan Sri Koon Poh Keong, the group CEO of Southeast Asia's largest integrated aluminium manufacturer Press Metal, rose from 727 to 523 on the billionaire's list last year, with a net worth of US$5.2 billion (RM21.9 billion). He also founded Hartalega Holdings, a nitrile glove company, in 1988. Rounding up the next order of billionaires are: Tan Sri Jeffrey Cheah at #2,263 (Sunway Group, US$1.3 billion), Tan Sri Syed Mokthar Albukhary at #2,378 (MMC Corp, DRB HICOM, US$1.2 billion), Tan Eng Kee at #2,524 (Greatech, US$1.1 billion), Tan Yu Wei at #2,524 (Mr D.I.Y, US$1.1 billion) and Tan Sri Surin Upatkoon at #2,674 (US$1 billion). With a net worth of roughly $11.9 billion, Robert Kuok remains the richest person in Malaysia. They pooled together $50,000 to start the company at a time when Malaysia was in recession. Teh Hong Piow $5.7 B Finance &. Have you ever wondered how much he is…, Read More How Marc Anthony Achieved a Net Worth of $80 MillionContinue, Most teenagers hope to join the college of their dreams, but Brian Imanuel, better known as Rich Brian, is not interested in pursuing higher education. Trending Now On UsaGAG.com. $16.1B . Have You Ever Visited Alacati? NagaCorp is the first casino company to be listed on the Hong Kong stock exchange and the first to do business principally in Cambodia. According to the Forbes list, there are 16 billionaires in Malaysia, with Kuok listed under Hong Kong. Rounding up the next order of billionaires are: Tan Sri Jeffrey Cheah at #2,263 (Sunway Group, US$1.3 billion), Tan Sri Syed Mokthar Albukhary at #2,378 (MMC Corp, DRB HICOM, US$1.2 billion), Tan Eng Kee at #2,524 (Greatech, US$1.1 billion), Tan Yu Wei at #2,524 (Mr D.I.Y, US$1.1 billion) and Tan Sri Surin Upatkoon at #2,674 (US$1 billion). This site uses Akismet to reduce spam. List of Malaysians by net worth This is a list of Malaysian billionaires based on an annual assessment of wealth and assets compiled and published by Forbes magazine in 2023. As someone who has held this spot as Malaysia’s richest man for over twenty years, this comes as no surprise. Here are the 10 richest people in Malaysia and an overview of how they accrued their wealth. Quek Leng Chan $10.1 B Diversified 3. Here are the 10 richest people in Malaysia and an overview of how they accrued their wealth. More: Robert Kuok's 12 Quotes On Business, Success & Values. His holdings include stakes in telecom outfit Maxis, media firm Astro Malaysia Holdings and oilfield services-provider Bumi Armada. They are also the largest palm oil division in Sabah, and they operate Mercedes-Benz dealerships in Malaysia as well.Image Credit: maskulin.com.my. As someone who has held this spot as Malaysia's richest man for over twenty years, this comes as no surprise. The Full List RANK NAME NET WORTH INDUSTRY 1. Lorsque vous utilisez nos sites et applications, nous utilisons des, authentifier les utilisateurs, appliquer des mesures de sécurité, empêcher les spams et les abus ; et. Lee Yeow Chor & Yeow Seng, $4.9 Billion, 3. All year round, Forbes reporters from different countries track the activities of the world’s wealthiest individuals. 2) Tan Sri Quek Leng Chan - US$6.8 billion. Quek Leng Chan, chairman of Hong Leong Company (Malaysia), was the biggest gainer in dollar terms and consolidated his position as the second richest Malaysian with US$10.1 billion. With a net worth of roughly US$12.2 billion, Robert Kuok is the wealthiest person in Malaysia for 2021, followed by Quek Leng Chan with $9.6 billion coming in second and Koon Poh Keong with $6.4 billion at third place. He is also a Harvard business school graduate! During his career, he has won several awards, including the award for “Greatest Malaysian Banker of All Time” by the Asia Pacific Brands Foundation. Forbes' Malaysia's Richest 2021 list shines a spotlight on the country's super-rich. In Phnom Penh, the capital of Cambodia, Chen Lip Keong has a casino license until 2065. The number of billionaires on Forbes’ 35th annual list of the world's wealthiest exploded to an unprecedented 2,755 — 660 more than a year ago. Together, they're valued at US$4.9 billion (RM20.2 billion). Fun fact: Koon Poh Keong is actually the youngest among them all, but he’s the group CEO!Image Credit: thestar.com.my, Kuan Kam Hon leads Hartalega Holdings, the world’s largest and fastest maker of nitrile gloves, which it exports to 40 countries. Ananda Krishnan is a former oil trader and a graduate of Harvard Business School. Robert Kuok is also the oldest member of the list, at the prime age of 97. After dropping out of high school in 1969, Kuan Kam Hon began a career in construction. Nous, Yahoo, faisons partie de la famille de marques Yahoo. Robert Kuok is also the oldest member of the list, at the prime age of 97. Business mogul and chairman of Usaha Tegas Ananda Krishnan comes in fourth with a net worth of US$5.8 billion, followed by Teh Hong Piow, founder and Chairman of Public Bank Berhad at US$5.5 billion, Top 21 billionaires in Malaysia in 2021, by net worth. Découvrez comment nous utilisons vos données personnelles dans notre Politique de confidentialité et notre Politique relative aux cookies. In addition to owning Top Glove, Lim Wee Chai also has stakes in Tropicana, a property development company, and sits on the company’s board. Next on the list is Hong Leong Group's Tan Sri Quek Leng Chan, 79, which was valued at US$9.7 billion (RM40 billion) compared to US$9.2 billion (RM39.9 billion) last year. Quek is valued at US$9.6 billion (RM39.5 billion). He actually trained as a medical doctor, before turning to property development and gaming.Image Credit: legacytimesmedia.com, Teh Hong Piow launched Public Bank in 1966, and chaired it for several decades till he retired as non-executive chairman on 1st January 2019. Si vous ne souhaitez pas que nos partenaires et nous–mêmes utilisions des cookies et vos données personnelles pour ces motifs supplémentaires, cliquez sur Refuser tout. PODCAST: Why Cristiano Ronaldo Is The World's Highest-Earning Athlete; 2017 Grateful Grads Index: Top 200 Best-Loved Colleges; Full List: The World's Highest-Paid Actors And Actresses 2017 Also read – Top 46 billionaires in South Korea in 2021. Teh, who still has substantial stakes in the bank as well as in the listed insurance business LPI Capital, commands a net worth of US$5.5 billion (RM22.6 billion). Quek Leng Chan’s cousin is billionaire Kwek Leng Beng, who is the chair of the Hong Leong Group. Mr. DIY Group (M) Sdn Bhd was listed on the Malaysian stock exchange in October 2020 making the Tan brothers both billionaires. The top 10 richest individuals in Malaysia are: 1) Robert Kuok - US$11.4 billion. Here are the top 10 richest people in Malaysia: Tan Sri Robert Kuok, who presides over a property and commodities empire, remains the wealthiest man in Malaysia. Related Articles Kim Kardashian is a billionaire, says Forbes Wildberries: The Russian e-commerce giant targeting Europe Gamuda Bhd sole Malaysian company to make it to Forbes’ World’s Best Employer 2020 list, Our goal is to create a safe and engaging place for users to connect over interests and passions. After researching and comparing information on the websites, we find out the Top 10 Richest Man In Malaysia 2020 of 2021. He ranks at #33 among Malaysia’s 50 richest on Forbes. He has since founded the Tune Group of companies. Chen Lip Keong has a net worth of $3.4 billion, and he has made his money from the gambling industry. His net worth went down $300 million from last year.Image Credit: famous-entrepreneurs.com, Chen Lip Keong owns NagaWorld, which is Cambodia’s biggest casino. Forbes publishes a list of richest people in the world annually, in March. He is the chairman of Hong Leong Co., which has interests in property, food, and finance. View profiles for each of the world's 500 richest people, . This gentleman…, Read More How Ryan Coogler Achieved a Net Worth of $36 MillionContinue, Marc Anthony is a superstar in the music industry. © 2023 Tatler Asia Limited. Four Malaysian Indian men have made it to this list. Group is a home improvement chain that was founded in 2005. Dato' Lee Yeow Chor and Lee Yeow Seng, sons of the late Tan Sri Dato' Lee Shin Cheng, inherited stakes in the IOI group, a palm oil and property empire built by their father. The total combined net worth of all these billionaires is estimated at US$13.1 trillion, up from US$8 trillion in last year. Honda’ in Malaysia. It also said that Malaysia’s rubber glove makers, who were among last year’s biggest winners, faced a “stark reality check” as demand for personal protective gear deflated as the pandemic abated, knocking down shares of their companies. See also: 4 Malaysians Join Forbes World's Billionaires 2021 List. The 97-year-old Hong Kong-based businessman however saw a rankings slip and is now the world's 171st richest man compared to his position of 141 in 2020, and estimated net worth at the time which was valued at US$9.6 billion (RM41.6 billion). Group is a home improvement chain that was founded in 2005. Read more: Asia's Power Women: How These 10 Female Bosses Are Shaping Malaysia. His career in the finance sector means the former businessman has a net worth of $5.5 billion. Ninth on the list is NagaCorp Ltd (parent company of NagaWorld casino resort complex in Phnom Penh) founder and CEO Tan Sri Dr Chen Lip Keong, who won Cambodia's first casino license in 1994. In order to improve our community experience, we are temporarily suspending article commenting, Kim Kardashian is a billionaire, says Forbes, Wildberries: The Russian e-commerce giant targeting Europe, Gamuda Bhd sole Malaysian company to make it to Forbes’ World’s Best Employer 2020 list. Fernandes managed to turn AirAsia, a failing government-linked commercial airline, into a highly successful budget airline public-listed company. Robert Kuok has been Malaysia's richest man for more than two decades. i left my rich husband for a poor man; shenandoah county public schools pay scale; naaman forest high school shooting; . 4) Tan Sri Teh Hong Piow - US$4.75 billion. The United States still has the most billionaires with 724 individuals, but is followed closely by China with 698 billionaires. Press Metal Aluminium Holdings was founded in 1986 by Koon Poh Keong and his four brothers. The number of billionaires on Forbes’ 35th annual list of the world's wealthiest exploded to an unprecedented 2,755 — 660 more than a year ago. Updated: Top 15 Richest Men In Malaysia [Infographic] Mention the names Robert Kuok and Ananda Krishnan and most would know who they are and what they do. The second richest person in Malaysia is Quek Leng Chen, who has a net worth of $9.6 billion. This figure is. Kuan Kam Hon is the founder and chairman of Hartalega Holdings Bhd, one of the world's largest producers of nitrile rubber with an annual production capacity of 40 billion gloves. Koon Poh Keong and his siblings, who control aluminum giant Press Metal, remained in third position with US$6.2 billion, nearly flat from a year ago. It has 684 stores across Malaysia, plus a further four stores in Brunei. Lim Wee Chai co-founded Top Glove in 1991, along with his wife, Tong Siew Bee. See also: Forbes World’s Billionaires List 2021: The Top 10 Asians. Related: 15 Property Leaders To Know In Malaysia. In 1971, Kuok founded the Singaporean Shangri-La Hotels and Resorts chain. In his personal life, Ananda Krishnan is married with two daughters and a son. Maxis Is Providing Major Upgrades To PostPaid Plans So You Can... Top 10 Kids Furniture Stores in Singapore. Below is a full list of Top 100 Richest People in The World as of 2020 according to Forbes Magazine. Anna Siampani Stats Gate January 29, 2021. afficher des publicités et des contenus personnalisés en fonction de vos profils de centres d’intérêt ; mesurer l’efficacité des publicités et contenus personnalisés ; et. $6.80B +$150M Four Malaysian Indian men have made it to this list. Oriental Holdings’ various business interests also include property development, palm oil plantations and healthcare. After their father’s death, the brothers inherited a property and palm oil empire that their father built, along with their father’s stakes in the IOI group. Valued at US$6.4 billion (RM26.3 billion), Tan Sri Paul Koon Poh Keong, founding member and group CEO of aluminium company Press Metal Aluminium Holdings Bhd, made the list at number three. Chinese billionaire Larry Xiangdong Chen loses $14 billion since January, World’s Best Hospitality & Hotel Management Schools, 2023, Best Universities For Doctor of Business Administration (DBA), 2022, Top 46 billionaires in South Korea in 2021. Robert Kuok: $11.8 billion. Meanwhile, Indonesia’s temporary ban on edible oil exports amid a drop in Malaysia’s palm oil production resulted in huge gains for tycoons in that sector. Next are Tan Sri Lim Wee Chai at #859 (Top Glove, US$3.5 billion), Tan Sri Lim Kok Thay at #1,174 (Genting, US$2.7 billion), Datuk Seri Lau Cho Kun at #1,444 (Hap Seng, US$2.2 billion), Tan Yu Yeh at #1,750 (Mr D.I.Y, US$1.8 billion) and Tan Sri G. Gnanalingam at #1,833 (Westport, US$1.7 billion). Considering she…, Read More How Lana Del Rey Achieved a Net Worth of $30 MillionContinue, Fans of this American born and raised film director and screenwriter may wonder about the Ryan Coogler net worth. Tan Yu Wei gets his wealth from his stake in Mr. D.I.Y, a home improvement retail chain, which his older brother, Tan Yu Yeh founded in 2005. The total combined net worth of all these billionaires is estimated at US$13.1 trillion, up from US$8 trillion in last year. The 97-year-old Hong Kong-based businessman however saw a rankings slip and is now the world's 171st richest man compared to his position of 141 in 2020, and estimated net worth at the time which was valued at US$9.6 billion (RM41.6 billion). Thousands of community members gathered during a Black Lives Matter protest at the Municipal Building on June 06, 2020 in West Orange, New . The wealth of Hartalega Holdings’ Kuan Kam Hon (No 11, US$1.9 billion) and Top Glove’s Lim Wee Chai (No 14, US$1.4 billion) fell the most in dollar terms. ChongQing DeZhuang Hotpot Is Finally Here For Us To Enjoy, Hyper Scape; A New Dystopian Game With A Female Malaysian Character, 8 Stunning Aquariums To Visit Around The World, 8 Commonly Overlooked Health Issues Today, 7 Best Wireless Keyboards For Clean, Clutter-Free Desk Space, 7 Places To Enjoy Curry Mee Goodness in Penang, Here Are 8 Places That Serve The Best Kaya Toasts in Singapore, Top 10 Gymnastic Schools for Kids in Singapore 2022, 7 Hiking Trails You Can Check Out In Klang Valley. See also: Asia's Richest 2021: Meet The 10 Youngest Billionaires. This year, Forbes put his wealth at $5.9B billion, making him the third-richest man in Malaysia, eclipsed only by Robert Kuok and Quek Leng Chan. The 56 -year-old entrepreneur’s net worth at $335 million, ranking him at number 41 on the Forbes list of Malaysia’s Richest. With two co-founders and just RM20,000 in capital, Chu launched ViTrox which was publicly listed in 2004 and now operates in over 22 countries around the world. The next top five richest Malaysians in descending order according to the list are: Tan Sri T. Ananda Krishnan at #476 (Astro, US$5.8 billion), Tan Sri Teh Hong Piow at #486 (Public Bank Bhd, US$5.7 billion), Datuk Lee Yeow Chor and brother Lee Yeow Seng at #550 (IOI Group, US$5.1 billion), Tan Sri Koon Poh Keong, #727 (Press Metal, US$4 billion), and Kuan Kam Hom and family at #752 (Hartalega Holdings, US$3.9 billion). She also enjoys creative writing, content writing on nearly any topic (particularly business and lifestyle), because as a lifelong learner, she loves to do research and possess a high skill level in this area. Dancer and musician by day, reader and writer by night. It may differ according to where you live, Thai authorities help search for Malaysian woman missing near Myanmar border, This 'curry laksa' from a sister act in Sea Park's Restoran Sun Fatt Kee will have you singing its praises, In Parliament, PM Anwar says authorities to act on Kedah MB Sanusi for claiming ownership of Penang, Malaysia to ban Telegram? In the past, Krishnan invested $7 billion in the Indian telecom firm Aircel. Actually, it’s the largest casino not just in Cambodia, but in Indochina. In 2000, Wong Thean Soon co-founded public-listed electronic government services provider MYEG Services, which he still heads today as managing director. Besides the IOI Group, the brothers also inherited a palm oil and property empire. According to the Forbes list, there are 16 billionaires in Malaysia, with Kuok listed under Hong Kong. [1] 2023 Malaysian billionaires list See also The World's Billionaires List of countries by the number of billionaires References For the uninitiated, Lee Shin Cheng owned IOI Group, which is now passed down to both his sons. Number of millionaires Malaysia 2015-2026 Published by Statista Research Department , Nov 18, 2022 In 2021, there were around 70 thousand millionaires living in Malaysia. Industries around shipping are successful since Malaysia has 7 major large . Their collective net worth is pegged at US$2.7 billion (RM11.1 billion). Before turning to glove manufacturing, Kuan started his career in building and construction in 1969 after dropping out of high school.Image Credit: vulcanpost.com, Through holding company Gek Poh and investment arm Lei Shing Hong, Lau Cho Kun is the largest shareholder in Hap Seng Consolidated. KUALA LUMPUR, April 7 — Malaysia’s “Sugar King” Robert Kuok remains the wealthiest man in Malaysia and even saw his estimated wealth increase to US$12.6 billion (RM51.9 billion) this year amidst the Covid-19 pandemic, according to Forbes’ annual World’s Billionaires List. Private companies were valued based on similar companies that are publicly traded, with net worths based on stock prices and exchange rates as of the close of markets on May 20. Next are Tan Sri Lim Wee Chai at #859 (Top Glove, US$3.5 billion), Tan Sri Lim Kok Thay at #1,174 (Genting, US$2.7 billion), Datuk Seri Lau Cho Kun at #1,444 (Hap Seng, US$2.2 billion), Tan Yu Yeh at #1,750 (Mr D.I.Y, US$1.8 billion) and Tan Sri G. Gnanalingam at #1,833 (Westport, US$1.7 billion). However, despite the increase in wealth, Quek also dropped from position 147 in 2020 to being the 243rd richest man in the world in 2021. The collective wealth of the group of five, which includes Kossan Rubber Industries’ Lim Kuang Sia (No 24, US$740 million) and Wong Teek Son of Riverstone Holdings (No 30, US$565 million), was down more than US$5.7 billion. Must-read: How The World's Richest Are Responding To The Covid-19 Pandemic. Ranked number four is Tan Sri Ananda Krishnan, CEO of Usaha Tegas Group Holdings. Viewing from the top of the world gives a fantastic feeling. All rights reserved. This former Hewlett-Packard automation engineer started his own industrial automation company in 1999, designing and manufacturing automated machines for semiconductor, electronics and electrical industries. Anyway, with this year’s publication, we see plenty of familiar names, but some new ones as well. PETALING JAYA: The combined wealth of tycoons on the 2022 Forbes list of Malaysia’s 50 richest fell 10% from a year ago to US$80.5 billion (about RM354 billion). The bulk of his wealth comes from land holdings across the U.S., Papua New Guinea, Fiji and Malaysia. Read more: Amazon’s Jeff Bezos Is The Richest Person Alive. He gained fame and popularity for his Latin flavored pop tunes along with his charm and good looks. Like any country, Malaysia has some citizens that are living below the poverty line and others who live very comfortable lifestyles due to their wealth. He's valued at US$3.5 billion (RM14.42 billion). Ranked as the 39th richest man in Malaysia, Datuk Loh Kian Chong is the youngest on the list. Four property developers are on the top ten richest list, with Kuok Group's owner Tan Sri Robert Kuok (pictured) continuing his reign in the No 1 position with a net worth of US12.2 billion. Today, Press Metal is Southeast Asia’s largest integrated aluminum producer. All Rights Reserved. Kuok made his fortune in commodities, particularly in sugar, palm oil, and real estate. Her acting career has spanned more than three decades and she has accumulated a…, Read More How Keshia Knight Pulliam Achieved a Net Worth of $12 MillionContinue, Lana Del Rey was born Elizabeth Woolridge Grant on June 21, 1985. ruth calvert cause of death; edgar sia contribution to the society and economy; His only dream as a child was to travel to…, Read More How Rich Brian Achieved a Net Worth of $1 MillionContinue, Brad Paisley is an American musician and singer in the country and western sector with a long and successful career. tv series about the police crossword clue; eric weinberg photography; missing 411: the hunted cases. His wealth increased significantly during the COVID-19 pandemic as the demand for protective clothing grew. He added US$500 million to his net worth of US$9.6 billion last year. The next top five richest Malaysians in descending order according to the list are: Tan Sri T. Ananda Krishnan at #476 (Astro, US$5.8 billion), Tan Sri Teh Hong Piow at #486 (Public Bank Bhd, US$5.7 billion), Datuk Lee Yeow Chor and brother Lee Yeow Seng at #550 (IOI Group, US$5.1 billion), Tan Sri Koon Poh Keong, #727 (Press Metal, US$4 billion), and Kuan Kam Hom and family at #752 (Hartalega Holdings, US$3.9 billion). However, Teh Hong Piow has retained stakes in the bank, and he also has stakes in LPI Capital, an insurance business. Check our ranking below. He helms Penang-based conglomerate Oriental Holdings as its executive chairman, continuing the legacy of his late grandfather, automotive magnate Tan Sri Dato’ Loh Boon Siew – dubbed ‘Mr. © The CEOWORLD magazine LTD 2023. Tan Sri Dr Lim Wee Chai started Top Glove Corporation Bhd with his wife Puan Sri Tong Siew Bee in 1991 and took the company public in 2001. The chart-topping country singer…, Read More How Brad Paisley Achieved a Net Worth of $95 MillionContinue. The businessman has stakes in various sectors, including the oilfield services provider Bumi Armada, the media firm Astro Malaysia Holdings, and telecom company Maxis. Brothers Lee Yeow Chor and Yeow Seng are the sons of Lee Shin Cheng, who passed away in 2019. 1) Robert Kuok Net worth: $11.5 billion Robert Kuok is a familiar name for most Malaysians, also known as the "Sugar King". #1 Malaysia's 50 Richest (2023) #146 Billionaires (2023) Personal Stats Age 99 Source of Wealth Palm oil, shipping, property, Self Made Residence Hong Kong, Hong Kong Citizenship Malaysia. To launch the company, the brothers pooled all their money, and they had a total of $50,000 to get the business up and running. He ranks at number 15 on the Forbes list, his net worth hitting $1 billion. Malaysia Diversified 104 Peter Woo. Tan Sri G also known as the country’s first homegrown marketing guru for steering his company to become Asia’s leading cargo and freight player. Grove is also a member of Gen.T Tatler Tribe this year. KUALA LUMPUR, April 7 — Malaysia's "Sugar King" Robert Kuok remains the wealthiest man in Malaysia and even saw his estimated wealth increase to US$12.6 billion (RM51.9 billion) this year amidst the Covid-19 pandemic, according to Forbes' annual World's Billionaires List..

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