A total of 18 Malaysians have made it to the Forbes World’s Billionaire List for this year. Their cumulative wealth is US$54.7 billion (RM240.38 billion). Robert Kuok retains his position as the richest man in Malaysia. His US$11.8 billion (RM51.88 billion) portfolio puts him at number 146 on the global list. He owns Kuok group which has interests in hotels, real estate and commodities. He is followed by Quek Leng Chan (US$10.1 billion, RM44.40 billion) at 179th and Ananda Krishnan (US$5.2 billion, RM22.86 billion) at 511th. Quek made his fortune through the Hong Leong Group, which owns a share in Hong Leong Bank, Malaysia’s fourth largest banking group by market capital. Quek’s cousin, Kwek Leng Beng, is also a billionaire. He is the chairman of Hong Leong Group in Singapore. Ananda is known for his multimedia empire which includes Astro and Maxis Communications. At fourth place locally is Koon Poh Keong, who founded Press Metal Aluminium in 1986 with his four brothers. Today, P...
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