Friday, March 1, 2013

Top 13 Richest Men In Malaysia 2013 by Forbes

PETALING JAYA: Brothers Datuk Seri Shahril Shamsuddin and Datuk Shahriman Shamsuddin of Sapura Group are now billionaires with a net worth of RM3.24bil (US$1.05bil).
They are among Malaysia's 14 billionaires, up from 11 last year in Forbes Malaysia's 50 Richest list.
The brothers entered the billionaire ranks after a RM11.43bil (US$3.7bil) merger of Sapura Crest Sdn Bhd with Kencana Petro-leum Bhd.
Also making his debut into the list of billionaires at No 11 is Tan Chong Motor Holdings Bhd executive deputy chairman and group managing director Datuk Tan Heng Chew with a net worth of RM3.7bil (US$1.2bil).
According to Forbes, there are nine new entrants to Malaysia's 50 Richest.
Forbes expanded its list of wealthiest Malaysians to 50 from 40 in previous years, with a minimum net worth of RM448.20mil (US$145mil) to qualify.
The youngest newcomer at No 28 is Loh Kian Chong, 36, of Oriental Holdings Berhad. He is the grandson of the late Tan Sri Loh Boon Siew.
Forbes said that even with the impending general election, the Kuala Lumpur Compo-site Index has moved up by 4% over the past year, and gross domestic product rose by 6.4%.
“As such, 23 members of the list saw their wealth increase with 14 others suffering losses,” it said.
The list is still led by business tycoon Robert Kuok, 89, who has kept the position for eight years in a row. His current net worth is RM38.63bil (US$12.5bil).
In second place is telecommunications magnate T. Ananda Krishnan, 74, who is worth RM36.16bil (US$11.7bil), up from RM30.61bil (US$9.9bil) last year.
Tan Sri Syed Mokhtar Al-Bukhary, 59, dropped one spot to No 8 with a net worth of RM8.49bil (US$2.75bil).
Forbes said the list was compiled from information obtained from individuals, stock exchanges, public documents and analysts.
Privately held wealth was estimated using financial statements available through the Companies Commission of Malaysia.

Source: The Star


  1. The Chinese Malaysian tycoon Robert Kuok made his money in sugar, palm oil, shipping and property. And he did share his point of view on how to make money during Kuok Group’s 60th Anniversary called “Robert Kuok Hock Nien notes on the past sixty years”, read it at:

  2. Do you need personal loan? Does your firm company or industry need
    financial assistance? Do you need finance to start your business? Do
    you need finance to expand your business? We give out loan to
    interested individuals who are seeking loan with good faith. Are you
    seriously in need of an urgent loan contact us at Email:

  3. FAST LOAN OFFERS ONLINE AT SANDRA DOANLD LOAN COMPANY. Sandra Donald Loan Company is the leading provider of loan Worldwide, No matter what your financial condition, we can help get your very own cash.
    We provide loan for:

    *Debt consolidation
    *Home improvement
    *Unsecured loans
    *Loans for bad credit
    *Business loan
    *Personal loan
    *Student loan
    *Auto loan
    *Reduce your Credit Card Debt
    *Real Estate and Mortgages at 2% interest rate. Our online loan offers is fast and
    easy to apply. It is 100% Guaranteed and safe.

    Do contact us now for more details at . Thank you

  4. Are you looking for a business loan, personal loans, mortgages, car
    loans, student loans, debt consolidation loans, unsecured loans, risk
    capital, etc. ... You are in the right place
    Your loan solutions! I am a private lender who lends
    Individuals and businesses at a low interest rate and affordable
    Interest rate of 3%. Contact us by email:

    Your full name:
    Loan Amount:
    Monthly income:

    Awaiting your swift response.
    May Allah bless you.
    power Financial Service Pvt.
    Contact Us At
    WhatsApp Number +919717357946