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Forbes Unveils Malaysia’s 50 Richest People in 2019, Here’s How Much They’re Worth

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Forbes Unveils Malaysia's 50 Richest People in 2019, Here's How Much They're Worth - WORLD OF BUZZ 1
Source: Fortune , Forbes , & Forbes
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Forbes Asia just unveiled its 2019 Malaysia Rich List, highlighting the net worth of 50 notable businessmen. However, Forbes did note that due to Malaysia’s slow economic growth over the past year, business was not very good for about 30 of the billionaires listed, as their wealth actually shrank. Meanwhile, only 11 of those on this list saw gains this past year.

Some factors that probably contributed to this shrink in wealth are the country’s stocks taking a hit in the past year, the Ringgit slipping 3 per cent against the US Dollar, and the historic events of GE14 that happened in May 2018. However, despite these obstacles, many of these tycoons still landed among the list of Malaysia’s richest people.

Here’s the entire list and how much they’re worth;

1. Robert Kuok, USD$12.8 billion (RM52.4bil)

Forbes Unveils Top 50 Richest Malaysians in 2019, Here's How Much They're Worth - WORLD OF BUZZ

Source: Forbes

Industry: palm oil, shipping, and property

2. Quek Leng Chan, USD$9.4bil (RM38.4bil)

Forbes Unveils Top 50 Richest Malaysians in 2019, Here's How Much They're Worth - WORLD OF BUZZ 1

Source: FMT

Industry: banking and property

3. Teh Hong Piow, USD$6.7bil (RM27.4bil)

Industry: banking

4. Ananda Krishnan, USD$6.2bil (RM25.4bil)

Industry: telecoms, media, oil-services

5. Lee Shin Cheng, USD$5.4bil (RM22bil)

Industry: palm oil and property

6. Chen Lip Keong, USD$5bil (RM20.5bil)

Forbes Unveils Top 50 Richest Malaysians in 2019, Here's How Much They're Worth - WORLD OF BUZZ 5

Source: Forbes

Industry: casinos, property, and energy

7. Lim Kok Thay, USD$4.4bil (RM18bil)

Forbes Unveils Top 50 Richest Malaysians in 2019, Here's How Much They're Worth - WORLD OF BUZZ 6

Source: The Star

Industry: casinos

8. Lau Cho Kun, USD$3.4bil (RM13.9bil)

Forbes Unveils Top 50 Richest Malaysians in 2019, Here's How Much They're Worth - WORLD OF BUZZ 7

Source: Maskulin

Industry: palm oil and property

9. Koon Poh Keong, Poh Ming & Poh Weng, USD$2.6bil (RM10.6bil)

Industry: aluminum

10. Kuan Kam Hon USD$2.4bil (RM9.8bil)

Forbes Unveils Top 50 Richest Malaysians in 2019, Here's How Much They're Worth - WORLD OF BUZZ 9

Source: Forbes

Industry: synthetic gloves

11. Francis Yeoh & siblings, USD$1.8bil (RM7.4bil)

Forbes Unveils Top 50 Richest Malaysians in 2019, Here's How Much They're Worth - WORLD OF BUZZ 10

Source: Twitter

Industry: construction, power, and real estate

12. Syed Mokhtar AlBukhary, USD$1.7bil (RM7bil)

Forbes Unveils Top 50 Richest Malaysians in 2019, Here's How Much They're Worth - WORLD OF BUZZ 12

Source: The Star

Industry: engineering, energy, and construction

13. Jeffrey Cheah, USD$1.3bil (RM5.3bil)

Industry: property

14. Lim Wee Chai, USD$1.2bil (RM4.9bil)

Industry: rubber gloves

15. Surin Upatkoon, USD$1bil (RM4.1bil)

Forbes Unveils Top 50 Richest Malaysians in 2019, Here's How Much They're Worth - WORLD OF BUZZ 15

Source: bizbilla

Industry: telecom, lotteries, insurance

16. Kong Hon Kong, USD$990 million (RM4bil)

Forbes Unveils Malaysia's 50 Richest People in 2019, Here's How Much They're Worth - WORLD OF BUZZ

Source: Forbes

Industry: funeral services

17. G. Gnanalingam, USD$950mil (RM3.9bil)

Forbes Unveils Top 50 Richest Malaysians in 2019, Here's How Much They're Worth - WORLD OF BUZZ 17

Source: Forbes

Industry: ports

18. Lee Oi Hian & Hau Hian, USD$930mil (RM3.8bil)

Forbes Unveils Top 50 Richest Malaysians in 2019, Here's How Much They're Worth - WORLD OF BUZZ 18

Source: PressReader

Industry: palm oil, chemicals, and property

19. Ngau Boon Keat USD$920mil (RM3.8bil)

Forbes Unveils Top 50 Richest Malaysians in 2019, Here's How Much They're Worth - WORLD OF BUZZ 19

Source: iCEP

Industry: oil and gas

20. Goh Peng Ooi, USD$900mil (RM3.7bil)

Industry: software

21. Tiong Hiew King, USD$860mil (RM3.5bil)

Forbes Unveils Top 50 Richest Malaysians in 2019, Here's How Much They're Worth - WORLD OF BUZZ 21

Source: Borneo Post

Industry: timber and media

22. Yaw Teck Seng & Yaw Chee Ming, USD$850mil (RM3.5bil)

Forbes Unveils Top 50 Richest Malaysians in 2019, Here's How Much They're Worth - WORLD OF BUZZ 22

Source: Forbes

Industry: forestry, palm oil, and property

23. Desmond Lim Siew Choon, USD$780mil (RM3.2bil)

Forbes Unveils Top 50 Richest Malaysians in 2019, Here's How Much They're Worth - WORLD OF BUZZ 23

Source: Blogspot

Industry: property

24. Vincent Tan, USD$770mil (RM3.1bil)

Forbes Unveils Top 50 Richest Malaysians in 2019, Here's How Much They're Worth - WORLD OF BUZZ 25

Source: The Star

Industry: retail, gaming, and property

25. Ibrahim Syed Azman, USD$750mil (RM3bil)

Forbes Unveils Top 50 Richest Malaysians in 2019, Here's How Much They're Worth - WORLD OF BUZZ 24

Source: Forbes

Industry: aviation/motor vehicles

26. Ninian Mogan Lourdenadin, USD$740mil (RM3bil)

Forbes Unveils Top 50 Richest Malaysians in 2019, Here's How Much They're Worth - WORLD OF BUZZ 26

Source: Forbes

Industry: property, retail, and financial services

27. Lim Kang Hoo, USD$710mil (RM2.9bil)

Industry: property

28. Cheah Cheng Hye, USD$690mil (RM2.8bil)

Forbes Unveils Top 50 Richest Malaysians in 2019, Here's How Much They're Worth - WORLD OF BUZZ 28

Source: The Star

Industry: investment

29. Danny Tan Chee Sing, USD$650mil (RM2.7bil)

Forbes Unveils Top 50 Richest Malaysians in 2019, Here's How Much They're Worth - WORLD OF BUZZ 29

Source: The Star

Industry: property

30. Lim Peng Cheong & Peng Jin, USD$640mil (RM2.6bil)

Industry: manufacturing

31. Ahmayuddin bin Ahmad, USD$580mil (RM2.4bil)

Industry: ports

32. Tony Fernandes, USD$530mil (RM2.2bil)

Forbes Unveils Top 50 Richest Malaysians in 2019, Here's How Much They're Worth - WORLD OF BUZZ 32

Source: The Star

Industry: airlines

33. Kamarudin Meranun, USD$520mil (RM2.1bil)

Forbes Unveils Top 50 Richest Malaysians in 2019, Here's How Much They're Worth - WORLD OF BUZZ 33

Source: Forbes

Industry: airlines

34. Azman Hashim, USD$450mil (RM1.8bil)

Forbes Unveils Top 50 Richest Malaysians in 2019, Here's How Much They're Worth - WORLD OF BUZZ 34

Source: AmBank

Industry: airlines

35. Kua Sian Kooi, USD$420mil (RM1.7bil)

Forbes Unveils Top 50 Richest Malaysians in 2019, Here's How Much They're Worth - WORLD OF BUZZ 35

Source: TARfm

Industry: insurance/property

36. Lim Han Weng, USD$410mil (RM1.7bil)

Industry: oil and gas

37. Patrick Grove, USD$400mil (RM1.6bil)

Forbes Unveils Top 50 Richest Malaysians in 2019, Here's How Much They're Worth - WORLD OF BUZZ 37

Source: Twitter

Industry: e-commerce/media

38. Anthony Tan, USD$380mil (RM1.6bil)

Forbes Unveils Top 50 Richest Malaysians in 2019, Here's How Much They're Worth - WORLD OF BUZZ 38

Source: Fortune

Industry: on-demand transportation and mobile software

39. Ong Leong Huat, USD$350mil (RM1.4bil)

Forbes Unveils Top 50 Richest Malaysians in 2019, Here's How Much They're Worth - WORLD OF BUZZ 39

Source: Forbes

Industry: property, construction, and financial services

40. Mohd Abdul Karim Abdullah, USD$345mil (RM1.4bil)

Industry: oil and gas

41. Kong Chong Soon, USD$340mil (RM1.4bil)

Industry: property

42. Leong Kok Wah, USD$335mil (RM1.4bil)

Forbes Unveils Top 50 Richest Malaysians in 2019, Here's How Much They're Worth - WORLD OF BUZZ 43

Source: Kinibiz

Industry: real estate

43. Wong Teek Son, USD$330mil (RM1.3bil)

Industry: glove manufacturing

44. Mokhzani Mahathir, USD$325mil (RM1.3bil)

Industry: oil and gas

45. Loh Kian Chong, USD$320mil (RM1.3bil)

Forbes Unveils Top 50 Richest Malaysians in 2019, Here's How Much They're Worth - WORLD OF BUZZ 46

Source: The Star

Industry: motor vehicles, palm oil, and property

46. Yong Pang Chaun, USD$300mil (RM1.2bil)

Forbes Unveils Top 50 Richest Malaysians in 2019, Here's How Much They're Worth - WORLD OF BUZZ 47

Source: Nanyang

Industry: retail

47. Teong Teck Lean, USD$290mil (RM1.2bil)

Forbes Unveils Top 50 Richest Malaysians in 2019, Here's How Much They're Worth - WORLD OF BUZZ 48

Source: Forbes

Industry: delivery services

48. Wong Thean Soon, USD$280mil (RM1.1bil)

Industry: electronic services

49. Abdul Kadier Sahib, USD$275mil (RM1.1bil)

Industry: oil and gas

50. Leong Hoy Kum, USD$250 mil (RM1bil)

Industry: property

You can read more about these billionaire entrepreneurs here

Also read: Singapore Has Over 180,000 Millionaires & 1,000 Of Them Are Truly ‘Crazy Rich Asians’

 - WORLD OF BUZZ

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