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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