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M'sian tycoons on Forbes see fortunes bounce back


M’sian tycoons on Forbes see fortunes bounce back
03 Jun 2021 / 23:45 H.
Top 5 richest in Malaysia: (from left) Robert Kuok, Tan Sri Quek Leng Chan, Tan Sri Koon Poh Keong, Tan Sri Ananda Krishnan and Tan Sri Teh Hong Piow.
PETALING JAYA: Following a two-year decline, tycoons on the 2021 Forbes Malaysia Rich List saw a 14% rebound to nearly US$90 billion (RM371.05 billion) on their collective wealth this year from US$79 billion registered in 2020.
This reversal of fortune is partly attributed to the country’s leading position in the medical glove manufacturing sector. With the pandemic year, global demand for such protective gear surged, Malaysian exports of rubber gloves doubled, boosting the wealth of the nation’s largest producers. ....

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