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Thursday, November 21, 2024
CEOWORLD magazine - Latest - Stats Gate - Ranked: Wealthiest People in Malaysia for 2021 – Richest Malaysian Billionaires

Stats Gate

Ranked: Wealthiest People in Malaysia for 2021 – Richest Malaysian Billionaires

With a net worth of roughly US$12.2 billion, Robert Kuok is the wealthiest person in Malaysia for 2021, followed by Quek Leng Chan with $9.6 billion coming in second and Koon Poh Keong with $6.4 billion at third place. Robert Kuok is also the oldest member of the list, at the prime age of 97.

Business mogul and chairman of Usaha Tegas Ananda Krishnan comes in fourth with a net worth of US$5.8 billion, followed by Teh Hong Piow, founder and Chairman of Public Bank Berhad at US$5.5 billion

Top 21 billionaires in Malaysia in 2021, by net worth

  1. Robert Kuok (US$12.2 billion; palm oil, shipping, property)
  2. Quek Leng Chan (US$9.6 billion; banking, property)
  3. Koon Poh Keong & siblings (US$6.4 billion; aluminum)
  4. Ananda Krishnan (US$5.8 billion; telecoms, media, oil-services)
  5. Teh Hong Piow (US$5.5 billion; banking)
  6. Lee Yeow Chor & Yeow Seng (US$4.9 billion; palm oil, property)
  7. Kuan Kam Hon (US$3.8 billion; rubber gloves)
  8. Lim Wee Chai (US$3.5 billion; rubber gloves)
  9. Chen Lip Keong (US$3.4 billion; casinos, property, energy)
  10. Tan Yu Yeh & Yu Wei (US$2.7 billion; retailing)
  11. Lim Kok Thay (US$2.55 billion; casinos)
  12. Lau Cho Kun (US$2.2 billion; palm oil, property)
  13. G. Gnanalingam (US$1.8 billion; ports)
  14. Lim Kuang Sia & siblings (US$1.4 billion; rubber gloves)
  15. Jeffrey Cheah (US$1.35 billion; property)
  16. Tiong Hiew King (US$1.3 billion; timber, media)
  17. Francis Yeoh & siblings (US$1.25 billion; construction, power, real estate)
  18. Syed Mokhtar AlBukhary (US$1.2 billion; engineering, automotive)
  19. Lee Oi Hian & Hau Hian (US$1.15 billion; palm oil, chemicals, property)
  20. Stanley Thai and Cheryl Tan (US$1.1 billion; rubber gloves)
  21. Surin Upatkoon (US$1 billion; telecom, lotteries, insurance)

Also read – Top 46 billionaires in South Korea in 2021.


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CEOWORLD magazine - Latest - Stats Gate - Ranked: Wealthiest People in Malaysia for 2021 – Richest Malaysian Billionaires
Sophie Ireland
Sophie is currently serving as a Senior Economist at CEOWORLD magazine's Global Unit. She started her career as a Young Professional at CEOWORLD magazine in 2010 and has since worked as an economist in three different regions, namely Latin America and the Caribbean, Africa, East Asia, and the Pacific. Her research interests primarily revolve around the topics of economic growth, labor policy, migration, inequality, and demographics. In her current role, she is responsible for monitoring macroeconomic conditions and working on subjects related to macroeconomics, fiscal policy, international trade, and finance. Prior to this, she worked with multiple local and global financial institutions, gaining extensive experience in the fields of economic research and financial analysis.


Follow her on Twitter, Facebook, Instagram, or connect on LinkedIn. Email her at sophie@ceoworld.biz.