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Friday, November 22, 2024
CEOWORLD magazine - Latest - Stats Gate - Malaysian Billionaires: These are the richest people in Malaysia, 2021

Stats Gate

Malaysian Billionaires: These are the richest people in Malaysia, 2021

With a net worth of roughly $11.9 billion, Robert Kuok remains the richest person in Malaysia. At the age of 97, the billionaire has a variety of business activities which he has been involved with such as palm oil and shipping. Industries around shipping are successful since Malaysia has 7 major large ports that handle the transportation of goods in Asia and the rest of the world. Quek Leng Chan is the 2nd-richest person in Malaysia, with $9.9 billion, followed by Teh Hong Piow ($5.5 billion), Ananda Krishnan ($5.4 billion); and Kuan Kam Hon & family ($5.1 billion).

Malaysia’s Economic Transformation Programme, made the country appear in the financial news again. The Performance Management and Delivery Unit (PEMANDU), which is an agency under the Prime Minister Department manages the Malaysian initiative of the Economic Transformation Programme. The government focuses on helping the 40% of the county’s poorest population. Islamic Banking and Technology are the two main industries expected to grow within the next year. Lee Yeow Chor & Yeow Seng ranked 6th with a personal wealth of $4.8 billion, followed by Lim Wee Chai with $4.3 billion.

Richest people in Malaysia, 2021

  1. Robert Kuok: $11.9 billion
  2. Quek Leng Chan: $9.9 billion
  3. Teh Hong Piow: $5.5 billion
  4. Ananda Krishnan: $5.4 billion
  5. Kuan Kam Hon & family: $5.1 billion
  6. Lee Yeow Chor & Yeow Seng: $4.8 billion
  7. Lim Wee Chai: $4.3 billion
  8. Chen Lip Keong: $4.1 billion
  9. Koon Poh Keong: $3.4 billion
  10. Lim Kok Thay: $2.3 billion
  11. Lau Cho Kun: $2.1 billion
  12. Jeffrey Cheah: $1.3 billion
  13. Tan Eng Kee: $1.1 billion
  14. Syed Mokhtar AlBukhary: $1.0 billion
  15. Tiong Hiew King: $1.0 billion


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CEOWORLD magazine - Latest - Stats Gate - Malaysian Billionaires: These are the richest people in Malaysia, 2021
Anna Siampani
Anna Siampani, Lifestyle Editorial Director at the CEOWORLD magazine, working with reporters covering the luxury travel, high-end fashion, hospitality, and lifestyle industries. As lifestyle editorial director, Anna oversees CEOWORLD magazine's daily digital editorial operations, editing and writing features, essays, news, and other content, in addition to editing the magazine's cover stories, astrology pages, and more. You can reach Anna by mail at anna@ceoworld.biz