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According to Forbes’ 2021 Billionaires list, Malaysia now has 16 billionaires. Four are new to the list, namely Tan Yu Yeh at #1,750 (Mr D.I.Y, US$1.8 billion), Tan Sri G. Gnanalingam at #1,833 (Westport, US$1.7 billion), Tan Eng Kee at #2,524 (Greatech, US$1.1 billion), and Tan Yu Wei at #2,524 (Mr D.I.Y, US$1.1 billion).
Two of these new billionaires hail from Mr D.I.Y, our own local home improvement retailer, which raised an unprecedented RM1.5 billion when they went on the public stock market in 2020.
There’s gold in every hill, pandemic or not