Malaysian top 40 richest go down RM75.6 billion
KUALA LUMPUR, Feb 16 (Bernama) -- The fortunes of Malaysia’s 40 richest has gone down by RM75.6 billion from RM171.9 billion a year ago to RM96.30 billion as at January 16 amid the global stock market meltdown, according to a survey by Malaysian Business.
The magazine’s survey revealed that half of them recorded declines of 50 per cent with only 14 billionaires this time round, five short of last year.
Malaysian Business in its Feb 16 issue named “Sugar King” Tan Sri Robert Kuok as the richest Malaysian with a fortune of RM26.6 billion.
However, Kuok wealth which stood at a record of RM58.1 billion last year, had declined by RM31.5 billion.
His closest rival, T. Ananda Krishnan clocked in at RM20.1 billion.
At third-placed was Tan Sri Teh Hong Piow with a wealth of RM8.15 billion.
Meanwhile, Tan Sri Lee Shin Cheng was fourth with a fortune that has halved to RM7.4 billion.
Taking the fifth spot at RM4.5 billion, down from RM11.1 billion previously, was Tan Sri Quek Leng Chan.
Others in the top-10 ranking were Puan Sri Lee Kim Hua, widow of Genting group founder, Tan Sri Lim Goh Tong (RM3.5 billion), Tan Sri Syed Mokhtar Albukhary of the Albukhary Foundation (RM3.2 billion), Tan Sri Vincent Tan (RM1.8 billion), Tan Sri Tiong Hiew King of the Rimbunan Hijau Group (RM1.6 billion) and Tan Sri Azman Hashim of Amcorp group (RM1.4 billion).
The magazine said besides Genting’s Lee, the other new entrants in the richest list were siblings from the YTL group, Datuk Yeoh Soo Min and Datuk Yeoh Soo Keng.
AirAsia’s Datuk Kamarudin Meranun made a comeback to the list after a one year absence. — Bernama
The Top 40 Rich Malaysian's are ;
1.Robert Kuok USD 10 billion, 84, married, 8 children.Kuok Group, Pacific Carriers Ltd, Transmile Group, Wilmar International
2.Ananda Krishnan USD 7.2 billion, 70, married, 3 children.Maxis Comminications, Aircel Ltd, Astro All Asia Networks
3.Lee Shin Cheng USD 5.5 billion, 69, married, 6 children.IOI Group
4.Teh Hong Piow USD 3.5 billion, 78, married, 4 children.Public Bank
5.Lee Kim Hua & family USD 3.4 billion, 79, widow, 6 children.Genting Group
6.Quek Leng Chan USD 2.4 billion, 67, married, 3 children.Hong Leong Group, Guoco Group, Rank Group
7.Yeoh Tiong Lay and family USD 2.1 billion, 78, widow, 7 children.YTL Corporation
8.Syed Mokhtar AlBukhary USD 1.8 billion, 56, married, 5 children.Malaysia Mining Corporation (MMC), Malaysia Johor Port, Malakoff, Gas Malaysia
9.Vincent Tan USD 1.3 billion, 56, married, 11 children.Berjaya Group
10.Tiong Hiew King USD 1.1 billion, 78, married, 4 children.Rimbunan Hijau Group, Tri-M Technologies
11.Azman Hashim USD 700 million, 68, married, 5 children.AMCorp Group, Ambank
12.William H. J. Cheng USD 660 million, 65, married, 3 children.Lion Group
13.Lee Swee Eng USD 495 million, 52, married.KNM Group
14.Ong Beng Seng USD 470 million, 63, married, 2 children.Hotel Properties Ltd, Natsteel
15.Lim Kok Thay USD 345 million, 56, married, 3 children.Genting Group, Star Cruises. Alliance Global
16.Vinod Sekhar USD 320 million, 40, married, 2 children.Petra Group, Green Rubber Global
17.Lee Oi Hian USD 300 million, 57, married, 4 children.Kuala Lumpur Kepong, Crabtree & Evelyn
18.Yaw Teck Seng USD 295 million, 70, married.Samling Group
19.Anthony Fernandes USD 290 million, 44, married.AirAsia, Tune Hotel, AirAsia X
20.Mokhzani Mahathir USD 285 million, 47, married, 5 children.Kencana
21.Kamarudin Meranun USD 280 million, 47, married, 5 children.AirAsia, Tune Hotel, AirAsia X
22.Jeffrey Cheah USD 275 million, 63, married, 3 children.Sunway Group
23.Lee Hau Hian USD 250 million, 55, married, 1 children.Batu Kawan, Kuala Lumpur Kepong
24.Chong Chook Yew USD 245 million, 86, widow, 4 children.Selangor Properties
25.Yaw Chee Ming USD 240 million, 49, married.Samling Group
26.G. Gnanalingam USD 230 million, 63, married, 3 children.Westports
27.Lim Wee Chai USD 200 million, 50, married, 2 children.Top Glove
28.Kua Sian Kooi USD 195 million, 55, married, 4 children.Kurnia Asia
29.Lau Cho Kun USD 185 million, 72, married.Gek Poh Holding, Malaysian Mosaics, Hap Seng
30.Abdul Hamed Sepawi USD 180 million, 58, married, 2 children.Ta Ann
31.David Law Tien Seng USD 165 million.Midwest, Sinosteel, T.S.Law Holding
32.Tiah Thee Kian USD 163 million, 61, married, 5 children.TA Enterprise
33.Liew Kee Sin USD 160 million, 50, married, 4 children.SP Setia
34.Ahmayuddin Ahmad USD 155 million, 51, married, 4 children.Westports, Pelikan
35.Eleena Azlan Shah USD 150 million, 48, married.Gamuda
36.Lin Yun Ling USD 145 million, 53, married, 2 children.Gamuda
37.Ong Leong Huat USD 130 million, 64, married, 4 children.OSK Group
38.Lim Thian Kiat USD 115 million, 50, divorced.Former head of conglomerate Multi-Purpose
39.Khoo Kay Peng USD 110 million, 69.MUI, Laura Ashley
40.Nazir Razak USD 100 million, 41, married.CIMB, Bumiputra Commerce Holdings