// Adds dimensions UUID, Author and Topic into GA4
Sunday, September 13, 2026
28.8 C
Singapore
type here...
BusinessMalaysia
Less than 1 min.Read

Kuok keeps top post in Malaysian billionaires list on Forbes

The Independent
By The Independent

Tan Sri Robert Kuok retained the top spot on the top 50 richest Malaysian list published by Forbes magazine.

He retained the top spot for the 12th consecutive year with a net worth of US$11.4 billion (RM50.73 billion), up from US$10 billion previously.

The 93-year old patriarch of the Kuok Group controls an empire that includes palm oil, shipping and property.

Robert Kuok has long been Malaysia’s richest person.

The Chinese-Malaysian tycoon’s Kuok Group controls an empire that includes the high-end hotel chain Shangri-La, Kerry Properties and commodities trader Wilmar.

He got his start trading rice, sugar and wheat flour in Malaysia in 1949 and in Singapore in 1953.

A big source of his wealth is a stake in palm-oil-giant Wilmar International, which is run by nephew Kuok Khoon Hong, a Singapore billionaire.

Tan Sri Quek Leng Chan, who chairs privately-held conglomerate Hong Leong Co (Malaysia), moved up one spot to number two with a net worth of US$6.8 billion, up from US$5.3 billion last year.

Quek replaced Tan Sri Ananda Krishnan, who slipped to third spot this year as his wealth declined 12.2% to US$6.5 billion amid uncertainty around his debt-laden Indian telecom, Aircel.

Google News Follow Google News WhatsApp Join us on WhatsApp Telegram Follow us on Telegram

Hot this week

Malaysia

171 Sungai Kim Kim victims win civil suit against factory and two Singaporean directors seven years after toxic waste disaster

Seven years after the Sungai Kim Kim disaster, 171 victims have secured a civil court victory against four defendants, including two Singaporean nationals. The amount of damages will be decided later.
Entertainment

Cik Lan drives Nur Sajat’s mum from JB at 4am for emotional reunion after 6 years apart

Singapore-born host Roslan Shah, better known as Cik Lan, helped Malaysian influencer Nur Sajat reunite with her mother in Singapore after six years apart.

Popular Categories

Singapore NewsFeatured NewsSG EconomySingapore PoliticsLifestyleCelebrityIn the Hood
document.addEventListener("DOMContentLoaded", () => { const trigger = document.getElementById("ads-trigger"); if ('IntersectionObserver' in window && trigger) { const observer = new IntersectionObserver((entries, observer) => { entries.forEach(entry => { if (entry.isIntersecting) { lazyLoader(); // You should define lazyLoader() elsewhere or inline here observer.unobserve(entry.target); // Run once } }); }, { rootMargin: '800px', threshold: 0.1 }); observer.observe(trigger); } else { // Fallback setTimeout(lazyLoader, 3000); } });

The Independent SG

Also Visit

Social Media

© The Independent Singapore

// //
Enable Notifications OK No thanks