Robert Kuok Still Richest Man in Malaysia

Robert Kuok maintains its status as the richest man in Malaysia with a total worth of staggering RM50.04 billion. He has been the country’s richest man for many years in a row.

The latest 2011 list was compiled by the Malaysian Business (MB) magazine. MB is a prime business magazines that specialized in the analysis of businesses, financials and entrepreneurial aspects, mostly within Malaysia context. Every year, the magazine publishes and ranks the wealthiest businessmen and women in the country.

Richest Man in Malaysia: Robert Kuok
The Richest Man in Malaysia: Robert Kuok

Media tycoon, T. Ananda Krishnan (Maxis, Astro, TGV), is ranked the 2nd richest with RM45.78 billion worth of asset. Teh Hong Piow, the Public Bank chairman was third with a reported fortune of RM12.77 billion.

Three of the richest 20 in Malaysia come from the Bumiputra ranks, namely Syed Mokhtar Al-Bukhary (various businesses – property, defense, logistics and retail), Azman Hashim (Ambank) and Tun Mahathir’s son, Mokhzani (Kenchana Petroleum).

Known as the “sugar king”, Robert Kuok made his fortune through the sugar business, stamping his authority as one of the largest sugar distributors in the country. The success of his sugar business allowed him to venture into other businesses that include hospitality (he controls the Shangri-La hotel chain), shipping, oil and gas, logistics and milling, and slowly yet surely climbing up to eventually become the richest man in Malaysia.

[image: Forbes]

3 Replies to “Robert Kuok Still Richest Man in Malaysia”

  1. Besides..others – related stories.. of most hardcore immigrant chinese those days found ..good wealth in malaya….financial stable ..later originnally from rag to riches..compare to the local..who stills in terms of ‘mat janin dreaming’ …. most peoples those day still lived in ‘cukup makan sudah laa’ .. prisely some would said..stills living on trees..by mat sallleh..or cycling around the villages..likely mindscope completely ‘under katak bawah tempurung’ those days nobody had much widen knowledge in minds..no super hero with broaded-minded around to rescue their fate and destiny..i remembered my uncle and prominent peoples.. likely used … monies..direct in directly..legallizedly for shorter period of time…… bought a share in a well known company..which later backed up by the government .. there is ..likely unfounded ‘chaos’ ..of problems..most of illiterate peoples sold off their gains..in returns for small compensate..rather than loosing..overshadowing life span of the products in needs with profits……

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