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The New Top 10 Richest People in Malaysia.

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The New Top 10 Richest People in Malaysia.

Malaysia is one of the most expensive countries, so it might come as no surprise that it’s home to some of the world’s mega-rich. Of the 2,755 wealthiest people on the Forbes 2021 list, 12 of them are Malaysian. Many of these elite figures belong to famously wealthy Malaysian families who have run multinational companies for generations.

Malaysia is a relatively open state-oriented and newly industrialized market economy. The state plays a significant but declining role in guiding economic activity through macroeconomic plans. Malaysia has had one of the best economic records in Asia, with GDP growing an average of 6.5 percent annually from 1957 to 2005.

Since the beginning of time, this great nation has been able to catapult into being the greatest in the industries that make a country grow. Impeccable individuals from Malaysia have created corporations, industries, franchises, and have undertaken humanitarian purposes to capture the minds of the world.

In today’s article, we will take a look at the top 10 richest people in Malaysia that have created their wealth through creating employment and rising above the challenges to be who they are now according to Forbes

Without wasting much time let’s dive in.

Rank Name of PersonalityEstimated Net Worth
#1Robert Kuok$12.2B
#2Quek Leng Chan$9.6B
#3Koon Poh Keong & siblings$6.4B
#4Ananda Krishnan$5.8B
#5Teh Hong Piow$5.5B
#6Lee Yeow Chor & Yeow Seng$4.9B
#7Kuan Kam Hon & family$3.8B
#8Lim Wee Chai$3.5B
#9Chen Lip Keong$3.4B
#10Tan Yu Yeh & Yu Wei$2.7B
The New Top 10 Richest People in Malaysia

Below is a short bio on the first two richest people in Malaysia

Robert Kuok

Robert Kuok is the richest man in Malaysia with an estimated net worth of $12.2B. He is the owner of the Kuok group which has subsidiaries in hotels, real estate, and commodities. Shangri-La Hotels and Resorts chain in Singapore in 1971 was founded by him.

Quek Leng Chan

The second richest person in Malaysia with an estimated net worth of $9.6B. The executive chairman of privately held Hong Leong Co. (Malaysia), which has interests in finance, food, and property. He inherited part of his fortune from his father.

You can also read more about the top richest people in Malaysia on Forbes. You can also check out our list for the top 10 richest people in Kenya also here: georgeweb.org

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