Richest Man In Malaysia

The richest man in Malaysia. Oil traders, banking and gaming tycoons, and property kingpins – they comprise Malaysia’s wealthiest.  Here’s the list of Malaysia’s most affluent.

Robert Kuok Net Worth $12.5 Billion 

As of March 2013 (according to Forbes), Chinese Malaysian businessman Robert Kuok  has amassed wealth totalling $12.5 Billion, making him the wealthiest man in Malaysia as well as Southeast Asia and 76th on Forbes’ annual list of world’s richest people.   The intensely private tycoon built a business empire from investments in sugar, hotels, palm oil and shipping.  

robert kuok

Ananda Krishnan Net Worth $11.7 Billion 

Businessman and philanthropist Ananda Khrishnan is second to Kuok as the wealthiest man in Malaysia and in Southeast Asia.  He is currently #82 on Forbes’ list of wealthiest people in the world.  The 75-year-old started as an oil trader, later on branching out into gambling and telecommunications business ventures. 

ananda krishnan

Lim Kok Thay and family Net Worth $6.6 Billion 

Currently the third richest in Malaysia after Kuok and Krishnan, Lim Kok Thay’s family built their fortune from their casino and resort businesses in Malaysia. The second eldest son of Lim Goh Tong, Lim Kok Thay heads the Genting Group conglomerate which invests in oil palm plantations, property development, and hospitality, among others.   

lim kok thay

Teh Hong Piow Net Worth $5.6 Billion 

This former banker rose to fame and fortune and later founded Public Bank Berhad, Malaysia’s biggest bank in terms of shareholders’ funds.  Public Bank now has branches in China, Cambodia, Hong Kong, Laos, Vietnam, and Sri Lanka.  Piow boasts several accolades, including the ASEAN Businessman of the Year Award 1994 and Malaysia's Chief Executive Officer of the Year Award 1998.  He is currently #215 of the world’s wealthiest people according to Forbes. 

teh hong piow

Quek Leng Chan Net Worth $4.8 Billion 

Chan is the Chairman and CEO of Hong Leong Company (Malaysia) Berhad and oversees the financing, manufacturing, distribution, and property development operations of the company in the country.  He is currently #262 on Forbes’ list of wealthiest people in the world. 

quek leng chan

Lee Shin Cheng Net Worth $4.5 Billion 

Chinese Malaysian businessman Lee Shin Cheng built his business empire by investing in palm oil plantations. He chairs the IOI Group which operates refineries in the U.S. and the Netherlands.  He has recently increased investments in real estate in China and Taiwan.  He is currently the world’s 276th billionaire according to Forbes. 

le shin cheng

Yeoh Tiong Lay Net Worth $2.8 Billion 

Yeah Tiong Lay currently enjoys the #503rd slot on Forbes’ list of wealthiest people on the planet.  He is the founder of the YTL construction firm which has operations in the United Kingdom and Australia. 

yeoh tiong lay

Syed Mokhtar Albukhary Net Worth $2.75 Billion 

Syed Mokhtar Albukhary’s sources of wealth include transportation, plantations, power generation and property development.  Owner of a number of companies including Malaysian Mining Corporation, Albukhary is currently at #526 of the world’s richest people according to Forbes. 

syed mokhtar albukhary

Tiong Hiew King Net Worth $1.8 Billion 

Chinese Malaysian Tiong Hiew King is the founder and executive chairman of the timber company Rimbunan Hijau Group. The company maintains operations in Papua New Guinea and Russia.  Forbes lists him as the world’s 831st billionaire. 

tiong hiew king

Vincent Tan Net Worth $1.3 Billion 

This self-made billionaire is the chairman and CEO of Berhaya Corporation Berhad which is involved in a number of ventures including property development and gaming. His company is currently building a multi-billion dollar resort in South Korea’s top tourist spot, Jeju Island. 

vincent tan

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References:

Forbes (The ultimate site for billionaire rankings)

CelebrityNetWorth (The ultimate site for net worth of celebrities)

TheRichest (Great site for things about money and rich people)

Wikipedia (Greatest site on earth for lots of information)