Malaysia’s richest man slips out of world Top 100 | Malay Mail

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Malaysia’s richest man slips out of world Top 100

Robert Kuok’s decline in wealth tracked a global trend that diminished the paper wealth of many billionaires. ― Reuters pic

“By our latest count there are 2,153 billionaires, 55 fewer than a year ago. Of those, a record 994, or 46 per cent, are poorer than they were last year. In total, the ultra-rich are worth US$8.7 trillion, down US$400 billion from 2018. Closing in on Kuok is Tan Sri Quek Leng Chan of Hong Leong group fame, with his estimated net worth of US$9.4 billion.

 

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