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(FMT) - 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
Malaysia's top 50 tycoons saw their combined fortunes drop 10 per cent from a year ago to US$80.5 billion (S$111 billion) despite the economy rebounding from the pandemic-induced slump, Forbes Asia said in a report. Property-to-maritime conglomerate Kuok group's founder Robert Kuok who turns 99 in October retained his long-standing top spot though his fortune declined to US$11.