Wealth of Malaysia’s 50 richest tycoons up to US$80.5bil FMTNews FMTBusiness
Robert Kuok, Quek Leng Chan, Koon Poh Keong and Anand Krishnan lead the list of Malaysia’s 50 richest.
Robert Kuok, founder of the Kuok group, held on to his long-standing No 1 spot with a fortune of US$11.8 billion. Ananda Krishnan’s, whose holdings include stakes in telecommunications firm Maxis and oilfield services provider Bumi Armada, net worth rose to US$5.4 billion to claim the fourth spot. Father-and-son duo Yaw Teck Seng and Che Ming, who control timber giant Samling, were among the big gainers in the past year. They jumped from No 32 to No 16 in this year’s list as their wealth more than doubled to US$1.25 billion.
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