PETALING JAYA: Tycoon Robert Kuok has once again topped the list as the wealthiest Malaysian, with a net worth of US$11.4bil, according to the Forbes 2024 Billionaires List.The 100-year-old tycoon owns the Kuok group, which has interests in hotels, real estate and commodities.
Kuok’s ranking, however, dropped compared to last year which saw him coming in at No. 146 with a net worth of US$11.8bil.The next wealthiest Malaysian is Tan Sri Quek Leng Chan of the Hong Leong Group, who is ranked No. 287 on the list with a wealth of US$8.8bil, while media and telco magnate Tan Sri Ananda Krishnan comes in at No. 624 with US$4.9bil.
Press Metal Aluminium founder Tan Sri Koon Poh Keong came in ranked 871 with a net worth of US$3.7bil. Brothers Datuk Lee Yeow Chor and Lee Yeow Seng of plantations and property conglomerate IOI Group are next on the list with a net worth of US$3.1bil and US$2.3bil respectively.Other Malaysians on the list are Australia-based investor Kie Chie Wong, who is a minority shareholder in Fortescue Metals Group ; Sunway Group’s Tan Sri Jeffrey Cheah and Hap Seng Consolidated's Tan Sri Lau Cho Kun .
Lim Chai Hock, who is the chief operating officer and director of Bayan Resources - the third-largest coal producer in Indonesia - made the list with a net worth of US$1.4bil.
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Record Number of Billionaires in Forbes' 2024 ListForbes has released its annual 'World's Billionaires' list for 2024, featuring a record-breaking number of billionaires and their increased wealth. The United States has the highest number of billionaires, followed by China and India. Malaysia has 17 billionaires, with Robert Kuok being the wealthiest at number 176.
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