Twelve Malaysians made it to Forbes’ latest annual ranking of the world’s billionaires. The richest in Malaysia is Robert Kuok (pic), ranked 115 on the list with net worth of US$11.4bil. He is also the oldest among Malaysian billionaires, at age 93.

The rest on the list are Tan Sri Quek Leng Chan (ranked 202, net worth: US$6.8bil), T. Ananda Krishnan (219, US$6.5bil), Tan Sri Lee Shin Cheng (348, US$4.7bil), Tan Sri Teh Hong Piow (348, US$4.7bil), Tan Sri Lau Cho Kun (973, US$2.1bil), Tan Sri Yeoh Tiong Lay (973, US$2.1bil), Tan Sri Tiong Hew King (1,030, US$2bil), Tan Sri Syed Mokhtar Albukhary (1,161, US$1.8bil), Tan Sri Dr Chen Lip Keong (1,290, US$1.6bil), Kuan Kam Hong (1,940, US$1bil) and Tan Sri Desmond Lim Siew Choon (1,940, US$1bil).

In a media statement, Forbes said a record 2,043 billionaires made it to the 31st annual ranking of the world’s billionaires (2016: 1,810 billionaires), as featured in the March 28, 2017 issue of Forbes magazine. The total combined net worth of this year’s billionaires was US$7.67 trillion (as of Feb 17), up 18.4% from US$6.48 trillion last year.

Forbes said regionally, Asia-Pacific boasts the most number of billionaires at 720. This is followed by the United States with 565 and Europe with 530. For the fourth year in a row, Bill Gates remains at the top spot on the Forbes list, with a fortune of US$86bil (up from US$75bil in 2016), The others in the Top 10 are Warren Buffett (net worth of US$86bil), Jeff Bezos (US$72.8bil), Amancio Ortega (US$71.3bil), Mark Zuckerberg (US$56bil), Carlos Slim Helu (US$54.5bil), Larry Ellison (US$52.2bil), Charles Koch (US$48.3bil), David Koch (US$48.3bil) and Michael Bloomberg (US$47.5bil).

The richest Asians are Wang Jianlin from China (18th on the list with US$31.3bil) and Li Ka-shing of Hong Kong (19th spot, US$31.2bil).

Source: The Star



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