2022 RANKING; Billionaire Secrets Malaysia's 50 Richest. 10 with $2.7 billion. Building a well-established brand is key to creating a loyal client base and gaining investment in any business. 8 with US$3.5 billion) of Top Glove Corp Bhd, ranked in the top 10. ", Sign up to get breaking news, unique insights, event invites and more from EdgeProp. The patriarch, who presides over a property and commodities empire, has a fortune of $12.2 billion and at age 97 is the oldest member of the list. In a pandemic year, as global demand for such protective gear increased significantly, Malaysian exports of rubber gloves doubled, boosting the wealth of the nations largest producers. , AND JANE HO. 1 despite his fortune falling 10% to US$11 billion. All Asian Countries From Poorest To Richest Ranking.We are going to rank all the Asian countries by by their GDP nominal per capita. Next are Tan Sri Lim Wee Chai at #859 (Top Glove, US$3.5 billion), Tan Sri Lim Kok Thay at #1,174 (Genting, US$2.7 billion), Datuk Seri Lau Cho Kun at #1,444 (Hap Seng, US$2.2 billion), Tan Yu Yeh at #1,750 (Mr D.I.Y, US$1.8 billion) and Tan Sri G. Gnanalingam at #1,833 (Westport, US$1.7 billion). The combined wealth of tycoons on the 2022 Forbes list of Malaysia's 50 richest fell 10% from a year ago (2021) to US$80.5 billion (about RM354 billion) in 2022. He retired in 2019 as the non-executive chairman of the group. Robert Kuok continued to top the list. 49, $325 million), cofounder of ViTrox, a maker of high-precision machine inspection systems. Selangor, the country's richest and most populous state, has reported well over a thousand new COVID-19 cases daily since May 5, making up at least a quarter of the daily cases nationally . David Oyedepo comes from Nigeria and he is the founder of Living Faith Church Worldwide, also . The total combined net worth of all these billionaires is estimated at US$13.1 trillion, up from US$8 trillion in last year. This reversal of fortune can partly be attributed to the countrys dominant position as the medical glove maker to the world. 2017 Grateful Grads Index: Top 200 Best-Loved Colleges; Full List: The World's Highest-Paid Actors . In a statement today, Forbes Asia said Malaysias pandemic-hit economy, which contracted 5.6% in 2020, is expected to get back on track this year, but the country is now grappling with a surge in Covid-19 cases. Quek is the co-founder of Hong Leong Group Malaysia and is currently the chairman and CEO. The other four new listees are all based in Penang, a busy tech hub, which benefited from the U.S.-China trade war as global companies sought to diversify supply chains. Malta secures 1 st place in the Global Citizenship Program Index for the eighth consecutive year, while the Portugal Golden Residence Permit Program again tops . Here're Malaysia's Richest Men In 2018 And How They Got There Page 7. . Wealth of Malaysia's 50 richest tycoons down 10% PETALING JAYA: The combined wealth of tycoons on the 2022 Forbes list of Malaysia's 50 richest fell 10% from a year ago to US$80.5 billion (about RM354 . Nevertheless, some of the businesses have emerged as winners due to the pandemic, for instance, glove makers. As of April 2021, the magnate is the wealthiest individual in Malaysia and 104th in the world . PETALING JAYA: Tycoons on the 2021 Forbes Malaysia Rich List saw a rebound in their collective wealth as it rose 14% to nearly RM370 billion (US$90 billion) this year, after . According to the international financial magazine, Malaysian tycoons on the list saw a rebound in their collective wealth with a 14% increase to nearly USD90 billion (about RM370.98 billion) this year following a two-year downward trend. The complete list can be found at www.forbes.com/malaysia, as well as in the latest issue of Forbes Asia. Here are the top 20 richest countries in Asia based on GDP per capita taken from 2019 data listed by World's Richest Countries that is taken from statistics of the International Monetary Fund. 9, $3.4 billion) and Lim Kok Thay (No. According to the latest edition of the Forbes Malaysia Rich List, the country's wealthiest individuals experienced a 14% growth in their total net worth to nearly US$90bil this year following two . The Forbes brand today reaches more than 140 million people worldwide every month through its trusted journalism, signature LIVE and Forbes Virtual events, custom marketing programs and 32 licensed local editions in 71 countries. Catherine Ong, cell: +65 9697 0007,Email: cath@catherineong.com, Franz Navarrete, cell: +65 9653 6424,Email: franz@catherineong.com, This is a BETA experience. The list can also include foreign citizens with business, residential or other ties to the country, or citizens who dont reside in the country but have significant business or other ties to the country. Branding has always been a vital part of business, and with the rise of social media, business owners can connect with consumers easier than ever. Join ourTelegramchannel to get the latest news and financial freedom tips, The name Robert Kuok is one that needs no introduction. 7, US$3.8 billion) of Hartalega Holdings and Lim Wee Chai (No. As of March 4, 2023, Bernard Arnault had a net worth valued at $189 billion, making him the wealthiest person As of March 3, 2023, Gina Rinehart was the wealthiest person in Australia, with an estimated net worth of 29.2 As of March 3, 2023, Georg Stumpf was thewealthiest man in Austria, with an estimated net worth of 7.9 billion As of March 3, 2023, Jorge Paulo Lemann was thewealthiest man in Brazil, with an estimated net worth of 15.9 As of March 3, 2023, David Thomson was thewealthiest man in Canada, with an estimated net worth of 54.9 billion 4 technologies applied in most industries of the business world you should be familiar with, Best Universities For Doctor of Business Administration (DBA), 2022, Worlds Best Hospitality & Hotel Management Schools, 2022, The Worlds Richest People (Top Billionaires, 2023), Wealthiest People in Australia (March 3, 2023), Wealthiest People in Austria (March 3, 2023), Wealthiest People in Brazil (March 3, 2023), Wealthiest People in Canada (March 3, 2023), Inclusion and Diversity at CEOWORLD magazine. However, it's not all bad news . Hong Leong Groups Executive Chairman Tan Sri Quek Leng Chan sits on the second spot with a wealth of $9.6 billion. KUALA LUMPUR: Tycoons on the 2021 Forbes Malaysia Rich List have seen a rebound in their collective wealth as it rises 14 per cent to nearly US$90 billion this year, after declining for two years. Albukhary also has a stake in Media Prima, which owns the New Straits Times Press. Ellen Pao, CEO of Project Include, Ann Mei Chang, CEO of Candid, and Nabiha Syed, CEO of The Markup could have left Reddit, Google, or Buzzfeed for another tech company, but they chose to make a career pivot and accelerate the impact and scale of solutions to the worlds most intractable challenges. This button displays the currently selected search type. The combined wealth of Malaysias 50 richest was down 10% from a year ago to $80.5 billion. While there have, A new digital currency is set to be in the horizon. 3. 21 billionaires have migrated to higher positions on the list of 50 richest persons when compared to their ranking last year. This came after the announcement that JCB will be launching a pilot project that, What is Polygon Crypto? Subscribe to Forbes Asia. The No 2 on the list is Tan Sri Quek Leng Chan with a net worth of US$9.6 billion. In a pandemic year, as global demand for such protective gear exploded, Malaysian exports of rubber gloves doubled, boosting the wealth of the nations largest producers. Inquire for Discount Inquire Before Buying. - 5th August 2021 . Forbes Asia said the patriarch, who presides over a property and commodities empire, had a fortune of US$12.2 billion and at age 97 was the oldest member of the list. As the only woman to have made it on this year's Forbes Malaysia's Top 50 Richest list, Puan Sri Datin Chong Chook Yew has earned the number one spot on our list. The combined wealth of tycoons on the 2022 Forbes list of Malaysia's 50 richest fell 10% from a year ago (2021) to US$80.5 billion (about RM354 billion) in 2022. . Today, the bank is seen as one of the most profitable organizations in the region as well as among the most stable. Bhd. Among the hardest hit were casino moguls Chen Lip Keong (No. He started the company with his wife Tong Siew Bee in 1991 to produce rubber gloves and has never looked back since it went 10 years after that. The cutoff for the list increased to $315 million from $255 million last year. Tan Sri Chen Lip Keong, founder of Hong Kong-listed NagaCorp Ltd which owns and manages the largest hotel and gaming resort in IndoChina NagaWorld takes the ninth place with a net worth of US$3.4 billion. (adsbygoogle = window.adsbygoogle || []).push({}); With a net worth of roughly $11.9 billion, Robert Kuok remains the richest person in Malaysia. Shares of their Press Metal Aluminium Holdings were up as the metals prices recovered, adding $3.4 billion to their wealth and propelling Koon and his brothers to third place with a net worth of $6.4 billion. 7, US$3.8 billion) of Hartalega Holdings and Tan Sri Lim Wee Chai (No. As the only woman to have made it on this year's Forbes Malaysia's Top 50 Richest list, Puan Sri Datin Chong Chook Yew has earned the number one spot on our list. Not too long ago, the Forbes' 35th annual list of billionaires for 2021 saw 4 Malaysian faces new to it added. Robert Kuok remains the richest Malaysian while the newcomers on the billionaires' list include WTK Holdings Bhd's Wong Kie Chie and PMB Technology Bhd's Koon Poh Ming. 1) Robert Kuok Hock Nien. Robert Kuok(pix) continues to top the list. Collective net worth of Malaysia's richest rebound 14% yoy Ranking Name Net worth (US$, billion) 1 Tan Sri Robert Kuok 12.2 2 Tan Sri Quek Leng Chan 9.6 6 Datuk Lee Yeow Chor & Lee Yeow Seng 4.9 9 Tan Sri Chen Lip Keong 3.4 Contents1 Who is the richest person [] The Richest People in Malaysia 2021. KUALA LUMPUR (June 3): Tycoons on the 2021 Forbes Malaysia Rich List saw a rebound in their collective wealth as it rose 14% to nearly US$90 billion (about RM370.98 billion) this year, after declining for two years, said Forbes Asia.In a statement today, Forbes Asia said Malaysia's pandemic-hit economy, which contracted 5.6% in 2020, is expected to get back on track this year, but the . In 1988, he established Hartalega Holdings and grew the company to become the largest nitrile gloves manufacturer in the world. Forbes World's Billionaires 2021: Malaysia's super-rich sees surge of wealth amid Covid-19 times . 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. Like . EdgeProp.my is Malaysia's most useful property website for home buyers and investors. The minimum net worth to make the list this year was $315 million, up from $255 million last year. He had since retired and is now non-executive chairman of the bank. 38, $445 million), cofounders of engineering services firm UWC and Steven Siaw Kok Teng (No. He has a net worth of $3.4 billion and where he is the first casino company to be listed in Hong Kong. 14, $1.4 billion), who controls Kossan Rubber Industries with his siblings, and Stanley Thai (No. Tan Sri Quek Leng Chan, second-generation head of the privately held Hong Leong group, remains at No. Rounding up the next order of billionaires are: Tan Sri Jeffrey Cheah at #2,263 (Sunway Group, US$1.3 billion), Tan Sri Syed Mokthar Albukhary at #2,378 (MMC Corp, DRB HICOM, US$1.2 billion), Tan Eng Kee at #2,524 (Greatech, US$1.1 billion), Tan Yu Wei at #2,524 (Mr D.I.Y, US$1.1 billion) and Tan Sri Surin Upatkoon at #2,674 (US$1 billion). Among them are brothers Tan Yu Yeh and Yu Wei of Mr D.I.Y. Tan Sri Quek Leng Chan, the second-generation head of the privately held Hong Leong Group, remained at No. Billionaire Syed Mokhtar AlBukhary is offering 2.9 billion ringgit ($714 million) to buy out the minority shareholders of MMC Corp., betting that the ports and energy conglomerate will sustain its earnings recovery. Among the top 10 richest in Asia are (from left) Robert Kuok, Quek Leng Chan and Koon Poh Keong. 7, $3.8 billion) of Hartalega Holdings and Lim Wee Chai (No. Prosecutors had been considering whether to retry Syed or drop the charges. Looking to buy, sell or rent? Addressing The Talent Gap In High Tech: If You Build It, Will They Come? In a year when he ceded his long-standing chairmanship of AmBank, Azman saw his net worth jump to $560 million. Being compared to your competition can be good for your business, but even better is being seen as a leader among your competitors. Koon Poh Ming is the Group Chief Executive, Koon Poh Ming is the executive vice-chairman while the executive director post is held by Koon Poh Weng. Among the hardest hit were casino moguls Tan Sri Dr Chen Lip Keong (at No. According to the Forbes list, there are 16 billionaires in Malaysia, with Kuok listed under Hong Kong. This year also saw the return ofLim Kuang Sia, who controls Kossan Rubber Industries with his siblings, andStanley Thaiwho cofounded and runs Supermax Corp. with his wifeCheryl Tan. 10 with US$2.7 billion. The pandemic took its toll on 19 listees, whose fortunes fell. PETALING JAYA: Tycoons on the 2021 Forbes Malaysia Rich List saw a rebound in their collective wealth as it rose 14% to nearly RM370 billion (US$90 billion) this year, after declining for two years. Malaysia's pandemic-hit economy, which contracted 5.6% in 2020, was expected to get back on track . By Advertising.my, Cryptocurrency Trading in Malaysia(Bitcoin Exchanges), Tan Sri Dato Lee Oi Hian & Dato Lee Hau Hian, Robert Kuok now among the 100 richest in the world, Malaysia National Blockchain Infrastructure to roll out from new partnership, JCB to roll out trial CBDC with IDEMIA and Malaysias Soft Space, Polygon A Cheaper and Faster Platform for Ethereum. Five new entrants added a fresh dimension to the list this year. Meanwhile, the pandemic took its toll on 19 listees, whose fortunes fell. DRB-HICOM sold a 49.9% stake in Malaysian car-maker Proton to Chinese auto group Zhejiang Geely in 2017. A Malaysia national flag flies outside the Ministry of Finance building complex in Putrajaya, [+] Malaysia. Next on the list is Hong Leong Group's Tan Sri Quek Leng Chan, 79, which was valued at US$9.7 billion (RM40 billion) compared to US$9.2 billion (RM39.9 billion) last year. 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Who is the richest man in malaysia 2021? Two men involved in Jalan Ipoh crash test positive for drugs, Pemandu, penumpang positif dadah sebabkan kemalangan di Jalan Ipoh ditahan, Mbappe breaks Cavani record to become PSGs all-time leading scorer, Banjir: Demi kelangsungan hidup, peniaga burger teruskan perniagaan, Marianne Williamson formally announces bid for us presidency in 2024. YouTube is one of the most-used social media platforms in Malaysia. of Pages: 121. Seven from last years list dropped out, notably the AirAsia duo, Tony Fernandes and Kamarudin Meranun, as the ongoing pandemic dimmed hopes of a revival in air travel. In a pandemic year, as global demand for such protective gear increased significantly, Malaysian exports of rubber gloves doubled, boosting the wealth of the nations largest producers. Shares in Press Metal Aluminium Holdings Bhd were up as metal prices recovered, adding US$3.4 billion to their wealth and propelling Koon and his brothers to the third place with a net worth of US$6.4 billion. It comes with a guaranteed monopoly until 2035 and is the largest casino resort in that region. Tan Sri Dr. Teh Hong Piow is never known to be a man who likes the limelight. 2023 Forbes Media LLC. Lim, 67, is the world's 436th richest man and Malaysia's seventh richest man, with a total wealth of 18.25 billion ringgit, according to . With a net worth of $4.85 billion, the banker started Public Bank in 1966 when he was 35 years old. Share to Linkedin. You may opt-out by. His success came through the Hong Leong business which was started back in the 1920s by his father and has 2 other brothers. 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). David Oyedepo tops the list as the richest pastor in the world with a financial worth of $150 million. A-Ks wealth is worth is $5.7 billion where his wealth is widely attributed to his ownership of Measat and Maxis, the satellite and telecommunications leader in Malaysia. 22, US$965 million), cofounder of Greatech Technology, a maker of factory automation equipment; Datuk Ng Chai Eng (No. JUNE 08, 2022, 06:00 PM. Robert Kuok. December 31, 2014. 8, $3.5 billion) of Top Glove, ranked in the top ten. Sugar King Robert Kuok is now the world's 171st richest man compared to his position of 141 in 2020. Tan Sri Koon Poh Keong, who shares a metals fortune with four siblings, was this years biggest dollar gainer. The highest-paid CEO in Malaysia is Genting head Tan Sri Lim Kok Thay, who took home an annual remuneration of RM200,912,000 million from his two positions as head of Genting Bhd and director of Genting Malaysia Bhd. Bhd. Private companies were valued by using financial ratios and other comparisons with similar publicly traded companies. 37 with US$450 million) and Lau Chee Kheong (at No. Today, Hong Leong has grown to become one of the large banks in Malaysia particularly with the recent merger with other banks. Robert Kuok continues to top the list. Buy Now. Robert Kuok, a business magnate who presides over a property and commodities empire, remains at the top of the list with a net worth of US$12.2 billion. managing director, and CEO of Farm Fresh, has made his debut on the Malaysia's 50 Richest list by Forbes this . Latest net worth: US$12.6 billion (approximately RM52.2 billion) richest malaysian, richest malaysians, richest man in malaysia, richest men . The COVID-19 pandemic saw the shares of Hartalega more than double due to the global demand for protective gears. Find an agent with the right local expertise! each having a 50 per cent stake in the team. 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). 14, US$1.4 billion), who controls Kossan Rubber Industries with his siblings, and Stanley Thai (No. However, despite the increase in wealth, Quek also dropped from position 147 in 2020 to being the 243rd richest man in the world in 2021. With a net worth of $5.3 billion, Teh is associated with his stake in the third-largest banking group based on assets in Malaysia, Public Bank Berhad. 11 with US$2.55 billion). You may opt-out by, The Memo: Plant-Based Laptops, BMWs Hybrid SUV & The Worlds Best Beach, 15 Ways To Build An Organizational Culture That Promotes True Gender Equality, 15 Ways To Get Comfortable With Not Always Having The Answer As A Leader, Pitching Your Startup In A Remote-First World, How Digital Marketing Can Be A Game Changer For Healthcare Providers, How Loyalty Programs Can Help Brands During A Recession, How To Surround Yourself With The Right People And Find Business Profitability. Copyright 2020 FORTUNE.MY. Page's net worth went from just below $52 billion in March 2020 to the current $86.9 billion. Forbes Middle East / While the benchmark stock index was up a modest 2.5% since we last measured fortunes 15 months ago, Malaysia's richest . The richest Malaysian today is none other than Mr Robert Kuok who despite having a small dip in his fortune in 2016 is still at the peak with wealth amounting to $12.1 billion. SINGAPORE (June 3, 2021) Tycoons on the 2021 Forbes Malaysia Rich List saw a rebound in their collective wealth as it rose 14% to nearly US$90 billion this year, after declining for two years. The 97-year-old patriarch, who presides over a property and commodities empire, has been the richest man in Malaysia for the past two decades. Yeow Chor and Yeow Seng are the sons of the late Tan Sri Lee Shin Cheng, a business magnate and philanthropist who founded IOI Group - a conglomerate that focuses on palm oil plantation, property, retail and hospitality. While the benchmark stock index was up a modest 2.5% since we last measured fortunes 15 months ago, the nations richest saw their combined wealth rise 14% to nearly $90 billion, after two years of decline. The revelation is made by Forbes Asia, which published the Malaysia's Richest 2021 List yesterday, 2 June. The patriarch, who presides over a property and commodities empire, has a fortune of $12.2 billion and at age 97 is the oldest member of the list. By taking time to collect and analyze your data in strategic ways, you can make wiser decisions for your business. . Islamic Banking and Technology are the two main industries expected to grow within the next year. The Chearavanont family retains No.1 spot in the Forbes Thailand Rich list with US$29.5 billion (938.6 billion baht), followed by the Chirathivat family with $21 billion (668.2 billion baht) and . This is a BETA experience. When expanded it provides a list of search options that will switch the search inputs to match the current selection. The United States still has the most billionaires with 724 individuals, but is followed closely by China with 698 billionaires. Kuala Lumpur Kepong Berhad is a Retail company incorporated in Malaysia and listed on the Main Market of Bursa Malaysia Securities Berhad with a market capitalisation of approximately RM21.687 billion at the end of September 2021. 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. Lee Yeow Chor & Yeow Seng ranked 6th with a personal wealth of $4.8 billion, followed by Lim Wee Chai with $4.3 billion. The list was compiled using information from analysts, government agencies, the individuals, private databases, stock exchanges and other sources. 20 with US$1.1 billion), who co-founded and runs Supermax Corp Bhd with his wife Datin Seri Cheryl Tan. The 97-year-old Hong Kong-based businessman however saw a rankings slip and is now the world's 171st richest . Palm oil plantation, shipping and property, Oregon Group, Media Chinese International and Rimbunan Hijau Group, Property development, media and forestry concessions, Tan Sri Datuk (Dr) Francis Yeoh & siblings, property, construction, financial services. It was designed to allow faster and cheaper transactions on the Ethereum blockchain. The 97-year-old Hong Kong-based businessman however saw a rankings slip and is now the world's 171st richest man compared to his position of 141 in 2020, and estimated net worth at the time which was valued at US$9.6 billion (RM41.6 billion). 9 with US$3.4 billion) and Tan Sri Lim Kok Thay (at No. Collective net worth of Malaysia's richest rebound 14% yoy. 8, US$3.5 billion) of Top Glove, ranked in the top ten. SINGAPORE The combined net worth of Singapore's 50 richest people rose by 25 per cent over the past . Group, a listed home improvement chain, are the richest newcomers with $2.7 billion. This story appears in the June 30, 2021 issue of Forbes Asia. Updated August 12, 2021 . Malaysia's 50 Richest. Lim Peng Cheong and Lim Peng Jin saw their fortune fall as higher raw material prices squeezed profits at Scientex. 2,350 Talking Abo, Contoh Surat Kebenaran Berkahwin Dari Kedutaan, Pesta Buku Antarabangsa Kuala Lumpur 2017, Petua Hilangkan Bengkak Gusi Selepas Cabut Gigi, Kajian Kesihatan Dan Morbiditi Kebangsaan. 2 with US$9.6 billion. While the benchmark stock index was up a modest 2.5% since we last measured fortunes 15 months ago, Malaysia's richest saw their combined wealth rise 14% to nearly $90 billion, after two years of decl. Bishop David Oyedepo - Net Worth $150 million. Undoubtedly, influencers have become one of the most important and effective partners for marketers. vercoming pandemic pains and the impact of flash floods in December, Malaysias economy grew 5% in the first quarter of 2022, buoyed partly by a recovery in domestic demand. The Wealth Of Malaysias Glove Producers Plunges As Pandemic Recedes, An Era Ended At AmBank When Veteran Banker Azman Hashim Stepped Down As Chairman, Unfazed By Lower Earnings, Brothers Behind Packaging And Property Firm Scientex Double Down On Expansion, Malaysias 50 Richest 2022: Combined Wealth Declines To $80.5 Billion, Strong Demand, Global Disruptions Boost Fortunes Of Malaysias Palm Oil Tycoons, Mixed Blessing: Rising Commodity Prices Give A Boost To Malaysias Budget, Malaysias Wealth Creation: Future Opportunities Lie In Digital And Services, Former HP Engineers Team Up To Find Defects In High-Tech Gear. Forbes released its inaugural " Malaysia's 50 Richest " list on June 8, revealing that the combined wealth of Malaysia's 50 richest was down 10% compared to a year ago. 2 with $9.6 billion. Check out our featured new launches by top property developers in Malaysia. According to Forbes, he overtook Bishop T.D jakes to claim this spot due to his many investments. All rights reserved. The other four new entrants are all based in Penang, a busy tech hub, which benefited from U.S.-China trade tensions as global companies sought to diversify supply chains. In the first place, we have the media-shy billionaire Tan Sri Robert Kuok. CEOWORLD magazine - Top Stories - Stats Gate - Malaysian Billionaires: These are the richest people in Malaysia, 2021. None of them, however, were wealthy enough to dislodgeRobert Kuokfrom his long-held perch as No. The 97-year-old patriarch, who presides over a property and commodities empire, has been the richest man in Malaysia for the past two decades. Established in 1960, Maybank is the largest company in Malaysia with RM46 billion revenue generated in 2020, followed by TNB (RM45 billion), and Sime Darby (RM38 billion). Tan Sri Paul Koon Poh Keong, who shares a metalfortune with four siblings, was this years biggest dollar gainer. The other four new entrants are all based in Penang, a busy tech hub, which benefited from US-China trade tensions as global companies sought to diversify supply chains. . He passed away in June 2019 and his sons, Lee Yeow Chor and Lee Yeow Sing took over as Group Managing Director of IOI Corporation and Executive Vice Chairman of IOI Properties respectively. THREE NEWCOMERS IN TOP 50. After Maybank, CIMB is the second-largest Malaysian bank on the list, ahead of Public Bank (#7), RHB Bank (#17), Hong Leong Bank (#24), and Ambank (#25). See the full listhere. Malaysia; ; Vit Nam . 2021. The number of billionaires on Forbes 35th annual list of the world's wealthiest exploded to an unprecedented 2,755 660 more than a year ago. In 2018 his philanthropic venture, the Albukhary Foundation, opened a new permanent gallery at the British Museum showcasing art related to the Islamic world.