According to the report by Doebele J., the nation's 40 richest business people are worth a collective $43 billion, up from $26 billion last year. Now let's us look at this year Malaysia's 40 Richest ranking. This year got eight of rich listers are newcomers, most put there by recent offerings or dramatic gains in public holdings.
#1 : Robert Kuok ( 84, Married, 8 Children), Net worth: $7.6 billion
Business nature: Onetime rice and sugar traders then expand from shipping to real estate to media.
#2: Ananda Krishnan (69, Divorced, 3 Children), Net worth: $7.4 billion
Business nature: Telecommunication - Maxis belongs to him and also invest in media - satellite.
#3: Lim Goh Tong (90, Married, 6 Children), Net worth: $4.3 billion
Business nature: I think everyone will know him, rite? His Genting Highlands and Casino is one of the famous attraction in Malaysia. Former public works contractor then built enormous gaming and resort empire. His First World Hotel has 6,200 rooms, earning it the Guinness World Record for world's largest hotel.
#4: Lee Shin Cheng (68, Married, 6 Children), Net worth: $3.9 billion
Business nature: Former plantation field supervisor, now heads IOI Group, one of world's leading operators of palm oil plantations, refineries. His plants produce specialty oils, metallic stearates, fats used in soaps, detergents, cosmetics, food additives. Leading real estate developer also building townships, shopping malls, resorts in Malaysia.
#5: Teh Hong Piow (77, Married, 4 Children), Net worth: $3.5 billion
Business nature: Former bank clerk used profits from real estate deal to open bank in 1966. Today Public Bank has 13,400 employees, 240 branches, including 56 in Hong Kong, 1 in Shenzhen.
#6: Quek Leng Chan (66, Married, 3 Children), Net worth: $3 billion
Business nature: Heads Hong Leong Group Malaysia, conglomerate involved in banking, semiconductor manufacturing, ceramic tile manufacturing, motorcycle distribution. Expected to start introducing casinos in selected Thistle Hotels, the U.K. luxury chain it owns.
#7: Syed Mokhtar Albukhary (55, Married, 5 Children), Net worth: $2 billion (Finally got one Malays tycoon in the top ten list~)
Business nature: Former rice trader now controls Malaysia Mining Corporation (MMC); has stakes in Malaysia's Johor Port; country's largest independent power producer Malakoff; natural gas distributor Gas Malaysia.
#8: Yeoh Tiong Lay (77, Widowed, 7 Children), Net worth: $1.8 billion
Business nature: Founded YTL Corp., one of Malaysia's largest conglomerates, with interests in construction, utilities, hotels, property development and technology. Recently proposed building $2.3 billion bullet train that would cover 200-mile journey between Kuala Lumpur and Singapore in 90 minutes.
#9: Tiong Hiew King (71, Married, 3 Children), Net worth: $1.2 billion
( The proud of Sibu, Sarawak. If you are from Sibu, definitely heard of his companies, Rimbunan Hijau. But his ranking has dropped if compare to last year. So better keep up the work~)
Business nature: His timber flagship, Rimbunan Hijau, celebrated 30th anniversary in 2006 by inaugurating 2 palm oil mills and 2 resorts in his native Sarawak and listing his Sarawak palm oil interests in Malaysia. Merging his three Chinese-language publishing firms in Malaysia (Nanyang Press Holdings and Sin Chew Media Corp.) and Hong Kong (Ming Pao Enterprises).
#10: William Cheng (64, Married), Net worth: $650 million
Business nature: Runs the Lion group, which has interests in plantations, steel, property. Though nicknamed "Steel King," biggest source of wealth his stake in Chinese retailer Parkson Retail, which he chairs. Married to former Chinese pop singer. Also known as Cheng Heng Jem.
Okay, the above are the brief description of the top ten richest list in Malaysia. Since there are another 30 richest tycoon on the list, I am lazy to type the description for each one, so I will list down their name for your information. =P
#11: Azman Hashim
#12: Ong Beng Seng
#13: Yaw Teck Seng
#14: Vincent Tan
#15: Yaw Chee Ming
#16: Vinod Sekhar
#17: Jeffrey Cheah
#18: Chong Chook Yew
#19: Lim Kok Thay ( Son of Lim Goh Tong)
#20: Lim Wee Chai
#21: Kua Sian Kooi
#22: Tiah Thee Kian
#23: Mustapha Kamal Abu Bakar
#24: Anthony Fernandes ( Own AirAsia, budget airlines in Asia)
#25: Seri Eleena Raja Azlan Shah
#26: Lee Oi Hian
#27: Lee Hau Hian
#28: Mokhzani Mahathir ( Son of former Prime Minister, Mahathir)
#29: G Gnanalimgam
#30: Abdul Hamed Sepawi
#31: Kamarudin Meranun
#32: Lau Cho Kun
#33: Ong Leong Huat
#34: Lin Yun Ling
#35: Liew Kee Sin
#36: Lee Swee Eng
#37: Ahmayuddin Bin Ahmad
#38: Hamdan Mohamad
#39: Khoo Kay Peng
#40: Kasi K.L. Palaniappan
Whew, wat a long list~!!! make my hands sore from typing....Anyway, you can visit forbes.com for further details on other 30 list. Will your name appear on this list in the next 20, 30 years? I hope my name will appear on the list but okay, ask me to stop dreaming, rite?? Since is a dream, then let me continue my dreaming.....=P
(Source: Doebele J., 2007, 'Malaysia's 40 Richest', forbes.com)
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5 comments:
One conclusion..all billionaires are old... =p lol
of coz..tat's why they will become a billionaires after so many years of hard works, n savings..not easy to become a billionaire!
who knows...when u r 50++yrs old, ur name also appear in the list~ =P
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