Malaysia's 40 Riches 2008 by Forbes.com

WILL YOU MAKE IT TO THIS LIST NEXT YEAR ?
Special Report
The 40 Richest Malaysians
Suzanne Nam 05.21.08, 11:00 PM ET
Forbes.com


The bar has been lowered. Malaysia's 40 Richest needed a net worth of only $100 million to make the list this year, down from $127 million in 2007, despite the fact that the Malaysian ringgit gained 6% against the U.S. dollar, the currency in which their fortunes are measured.

Caught up in the global equities slide, the Kuala Lumpur Composite Index was off 8% in the past year but has fallen 15% since mid-January. While 16 people still managed to add to their fortunes, another 18 saw their net worth slip.

Some tumbled considerably, with seven losing one-fourth or more of their fortune. That includes Lim Wee Chai, head of rubber glove manufacturer Top Glove, and Yaw Teck Seng, founder of forest group Samling, both worth one-third less than a year ago.

In Pictures: The Richest Malaysians
The total net worth of the top 40 is $46 billion, up $3 billion from last year. But that figure is skewed by strong gains by three tycoons who are up a combined $4.9 billion.

The year's biggest gainer was Robert Kuok, again the country's richest person; his fortune jumped $2.4 billion to $10 billion. That was on top of a $2 billion gain the previous year. Lee Shin Cheng, ranked third, adding $1.9 billion. Both businessmen got boosts from their valuable holdings in palm oil producers Wilmar International and IOI, respectively.

Vincent Tan's fortune has more than tripled in just a year, thanks mostly to gains in the share price of his Berjaya Land and flagship Berjaya Corp., pushing him into the billionaire ranks and bringing the country's total number of billionaires up to 10.

Lee Swee Eng is up in part because we added in the value of the shares held by his wife, Gan Siew Liat, who works with him at oil services company KNM. But even without her, his fortune would have increased, as KNM's stock price almost doubled in the past year.

Three newcomers made the cut. The richest is Lee Kim Hua, widow of renowned gaming tycoon Lim Goh Tong, who died in 2007. David Law Tien Seng makes his debut thanks to his stake in Australian iron ore company Midwest.

Grabbing the No. 40 spot is Nazir Razak, son of the nation's second prime minister, who heads financial services firm CIMB. Kasi K.L. Palaniappan and Mustapha Kamal Abu Bakar lost their spots on the list, as shares in real estate developer MK Land Holdings, which makes up most of their wealth, are trading at just a third of their price, compared with last year.

Although we don't usually put royalty on the list, U.K.-trained lawyer Seri Eleena Raja Azlan Shah, whose father is a sultan, returns, thanks to her chunk of infrastructure company Gamuda, on whose board she sits.

Rank Name Net Worth ($BIL) Age
1 Robert Kuok 10.00 84
2 Ananda Krishnan 7.20 70
3 Lee Shin Cheng 5.50 69
4 Teh Hong Piow 3.50 78
5 Lee Kim Hua & family 3.40 79
6 Quek Leng Chan 2.40 67
7 Yeoh Tiong Lay & family 2.10 78
8 Syed Mokhtar AlBukhary 1.80 56
9 Vincent Tan 1.30 56
10 Tiong Hiew King 1.10 78
11 Azman Hashim 0.70 68
12 William H. J. Cheng 0.66 65
13 Lee Swee Eng 0.50 52
14 Ong Beng Seng 0.47 63
15 Lim Kok Thay 0.35 56
16 Vinod Sekhar 0.32 40
17 Lee Oi Hian 0.30 57
18 Yaw Teck Seng 0.30 70
19 Anthony Fernandes 0.29 44
20 Mokhzani Mahathir 0.29 47
Rank Name Net Worth ($BIL) Age
21 Kamarudin Meranun 0.28 47
22 Jeffrey Cheah 0.28 63
23 Lee Hau Hian 0.25 55
24 Chong Chook Yew 0.25 86
25 Yaw Chee Ming 0.24 49
26 G. Gnanalingam 0.23 63
27 Lim Wee Chai 0.20 50
28 Kua Sian Kooi 0.20 55
29 Lau Cho Kun 0.19 72
30 Abdul Hamed Sepawi 0.18 58
31 David Law Tien Seng 0.17 NA
32 Tiah Thee Kian 0.16 61
33 Liew Kee Sin 0.16 50
34 Ahmayuddin bin Ahmad 0.16 51
35 Eleena Azlan Shah 0.15 48
36 Lin Yun Ling 0.15 53
37 Ong Leong Huat 0.13 64
38 Lim Thian Kiat 0.12 50
39 Khoo Kay Peng 0.11 69
40 Nazir Razak 0.10 41

noble-man wrote:WILL YOU MAKE IT TO THIS LIST NEXT YEAR ?
Special Report
The 40 Richest Malaysians
Suzanne Nam 05.21.08, 11:00 PM ET
Forbes.com


The bar has been lowered. Malaysia's 40 Richest needed a net worth of only $100 million to make the list this year, down from $127 million in 2007, despite the fact that the Malaysian ringgit gained 6% against the U.S. dollar, the currency in which their fortunes are measured.

Caught up in the global equities slide, the Kuala Lumpur Composite Index was off 8% in the past year but has fallen 15% since mid-January. While 16 people still managed to add to their fortunes, another 18 saw their net worth slip.

Some tumbled considerably, with seven losing one-fourth or more of their fortune. That includes Lim Wee Chai, head of rubber glove manufacturer Top Glove, and Yaw Teck Seng, founder of forest group Samling, both worth one-third less than a year ago.

In Pictures: The Richest Malaysians
The total net worth of the top 40 is $46 billion, up $3 billion from last year. But that figure is skewed by strong gains by three tycoons who are up a combined $4.9 billion.

The year's biggest gainer was Robert Kuok, again the country's richest person; his fortune jumped $2.4 billion to $10 billion. That was on top of a $2 billion gain the previous year. Lee Shin Cheng, ranked third, adding $1.9 billion. Both businessmen got boosts from their valuable holdings in palm oil producers Wilmar International and IOI, respectively.

Vincent Tan's fortune has more than tripled in just a year, thanks mostly to gains in the share price of his Berjaya Land and flagship Berjaya Corp., pushing him into the billionaire ranks and bringing the country's total number of billionaires up to 10.

Lee Swee Eng is up in part because we added in the value of the shares held by his wife, Gan Siew Liat, who works with him at oil services company KNM. But even without her, his fortune would have increased, as KNM's stock price almost doubled in the past year.

Three newcomers made the cut. The richest is Lee Kim Hua, widow of renowned gaming tycoon Lim Goh Tong, who died in 2007. David Law Tien Seng makes his debut thanks to his stake in Australian iron ore company Midwest.

Grabbing the No. 40 spot is Nazir Razak, son of the nation's second prime minister, who heads financial services firm CIMB. Kasi K.L. Palaniappan and Mustapha Kamal Abu Bakar lost their spots on the list, as shares in real estate developer MK Land Holdings, which makes up most of their wealth, are trading at just a third of their price, compared with last year.

Although we don't usually put royalty on the list, U.K.-trained lawyer Seri Eleena Raja Azlan Shah, whose father is a sultan, returns, thanks to her chunk of infrastructure company Gamuda, on whose board she sits.

Rank Name Net Worth ($BIL) Age
1 Robert Kuok 10.00 84
2 Ananda Krishnan 7.20 70
3 Lee Shin Cheng 5.50 69
4 Teh Hong Piow 3.50 78
5 Lee Kim Hua & family 3.40 79
6 Quek Leng Chan 2.40 67
7 Yeoh Tiong Lay & family 2.10 78
8 Syed Mokhtar AlBukhary 1.80 56
9 Vincent Tan 1.30 56
10 Tiong Hiew King 1.10 78
11 Azman Hashim 0.70 68
12 William H. J. Cheng 0.66 65
13 Lee Swee Eng 0.50 52
14 Ong Beng Seng 0.47 63
15 Lim Kok Thay 0.35 56
16 Vinod Sekhar 0.32 40
17 Lee Oi Hian 0.30 57
18 Yaw Teck Seng 0.30 70
19 Anthony Fernandes 0.29 44
20 Mokhzani Mahathir 0.29 47
Rank Name Net Worth ($BIL) Age
21 Kamarudin Meranun 0.28 47
22 Jeffrey Cheah 0.28 63
23 Lee Hau Hian 0.25 55
24 Chong Chook Yew 0.25 86
25 Yaw Chee Ming 0.24 49
26 G. Gnanalingam 0.23 63
27 Lim Wee Chai 0.20 50
28 Kua Sian Kooi 0.20 55
29 Lau Cho Kun 0.19 72
30 Abdul Hamed Sepawi 0.18 58
31 David Law Tien Seng 0.17 NA
32 Tiah Thee Kian 0.16 61
33 Liew Kee Sin 0.16 50
34 Ahmayuddin bin Ahmad 0.16 51
35 Eleena Azlan Shah 0.15 48
36 Lin Yun Ling 0.15 53
37 Ong Leong Huat 0.13 64
38 Lim Thian Kiat 0.12 50
39 Khoo Kay Peng 0.11 69
40 Nazir Razak 0.10 41

Cuba intai-intai latest list ni, mana tau kalau ada nama sesiapa yg tersangkut

Malaysia’s richest getting richer, survey reveals
Robert Kuok comes out tops yet again as Malaysia's richest.

KUALA LUMPUR, Feb 16, 2010— Malaysia’s 40 richest people recorded an increase in their fortunes as they are collectively worth RM156.7 billion, or 63 per cent more than the RM96.3 billion a year ago, a Malaysian Business survey reveals.

However, according to the fortnightly magazine’s survey results released in a statement today, their combined wealth is still less than the RM171.9 billion recorded in 2008.

The benchmark FBM KLCI has risen 44.3 per cent since its last survey as the world strives to get back on its feet following the global financial crisis.

The full list of the 40 tycoons and details of their wealth were published in the magazine’s Feb 16 issue.

As in the previous year, the wealth of the Top 40 was assessed based on the value of their stakes in listed companies at Jan 15 this year. The survey also revealed that close to half on this year’s list recorded jumps of 50 per cent or more. There are also more billionaires this year.

Tan Sri Robert Kuok, the Kuok Group patriarch who relinquished his “Sugar King” crown last year, still tops the list with a wealth of RM42.76 billion, up RM16.1 billion from RM26.6 billion a year ago.

Media-shy and telecommunication tycoon Ananda Krishnan ranked second, clocking in at RM27 billion.

IOI Corporation Bhd’s Tan Sri Lee Shin Chen is third with a wealth of RM11.92 billion, followed by prominent banker Tan Sri Teh Hong Piow at RM10.86 billion.

Genting Group’s Tan Sri Lim Kok Thay, valued at RM10.38 billion, leapt a full 10 spots to five. This is because he assumed a large chunk of the wealth from his late father, Tan Sri Lim Goh Tong.

Hong Leong Group’s Tan Sri Quek Leng Chan took the sixth spot at RM7.09 billion while Tan Sri Syed Mokhtar Albukhary of the Albukhary Foundation, valued at RM6.01 billion, settled at seventh spot.

Others in the Top-10 ranking are Lim Goh Tong’s widow Puan Sri Lee Kim Hua, Tan Sri Tiong Hiew King of Rimbunan Hijau Group and Tan Sri Vincent Tan of Berjaya Group.

There are five newcomers to the list, namely Lee Swee Eng of KNM Group, brothers Datuk Shahril Shamsuddin and Shahriman Shamsuddin of Sapura, Datuk Seri Nazir Razak of CIMB Group and OSK Holdings’ Ong Leong Huat, who makes a comeback to the list after a one-year absence. — Bernama

kaya sangat pun leceh gaks...
takut kena target ngan orang jahat...

Tahniah dan kekalkan kecemerlangan.

Para pekerja syarikat mereka tentu berbangga dengan boss mereka yang berjaya ni.

fuh .. best nya jadik org kaya ... untung dorg eh .... kalau kita cuma berpeluang mendapat keberkatan dlm harta kita yg sikit ni ... dorg pulak berpeluang dpt keberkatan dlm harta dorg yg byk tu, kan .... untung nyaaaaa ......

Kutu,

Wak nak kena tanya dia orang ni..."What's the secret of your success" ?

rizi the doll wrote:kaya sangat pun leceh gaks...
takut kena target ngan orang jahat...

Rizi,

Tak 'berapa kaya' pun dah kena target, inikan pulak jutawan/hartawan.

Their problem would not be about not enough money, but too much money!!!

Wak wrote:Kutu,

Wak nak kena tanya dia orang ni..."What's the secret of your success" ?

nanti dah dpt jawapan, kongsikan dgn kitorg ek ...

fixcxer wrote:

rizi the doll wrote:kaya sangat pun leceh gaks...
takut kena target ngan orang jahat...

Rizi,

Tak 'berapa kaya' pun dah kena target, inikan pulak jutawan/hartawan.

Their problem would not be about not enough money, but too much money!!!

setuju ... terlalu byk duit pun masalah jugak ...

kalau tak salah kutu, setiap sen yg dibelanjakan akan dipersoal kelak ...

Mat Saleh ada cakap "money can't buy happiness".

Bagi Wak, happiness within the family is more important than money.

Duit boleh dicari dimana-mana.

Wak Wrote : Mat Saleh ada cakap "money can't buy happiness".

Somebody else countered : "neither can poverty"

Given a choice, do you want to have a problem of not enough money or problem of having too much money?

gentlemens...

if you having problems suffering from too much money...
then u can pass it to me...
biar Rizi berkorban utk kawan2 sekalian...
let me suffer for you

give me oso...

no money, no honey...

Wak wrote:give me oso...

no money, no honey...

uishh... Wak... mo money, mo honey...
planning nak bukak branch baru ker?
atau bukak kedai makan baru.... Sri Congkak hehehehe....

branch baru..tak leh la..sbb nanti si dia..1 minggu tak nak bercakap ngan Wak...susah nak pujuk..

bukak kedai makan baru...? tak larat la..penat..Wak beri nama jer boleh... Restoran Selera Malaysia.

macam pernah dgr jer nama Restoran Selera Msia nie....
tapi di mana ya??

Seri Malaysia Restaurant dah ada kat Vancouver. Check this out :
http://chowhound.chow.com/topics/513522

Chian wrote:Seri Malaysia Restaurant dah ada kat Vancouver. Check this out :
http://chowhound.chow.com/topics/513522

Chian... salah posting nie... patut letak kat thread SK tuuu....
kasi panas sikit...

Mua ha ha ............ Rasanya dah malaih dah nak layan isu tu. Tak nak kalahnya, ha ha ha.

Seri Malaysia ialah nama hotel di Malaysia...Wak bilang Selera Malaysia.

Chian wrote:Mua ha ha ............ Rasanya dah malaih dah nak layan isu tu. Tak nak kalahnya, ha ha ha.

hahaha...

nak buat camner... lain kita cakap... lain dia jawab...

Dulu Wak suka makan kat Restoran Selera Utara..di Pandan Indah, KL.

Wak wrote:Dulu Wak suka makan kat Restoran Selera Utara..di Pandan Indah, KL.

Yang buat nasi kukus tuu ker Wak??
sebelah Hosp. Pantai kan????
teringin lar nak pekena sup tulang ngan ayam rempah kedai tuuu....
confirm terangkat nyer....
nyum nyum.... ngalahkan org ngandung lak...

Restoran Selera Utara tu depan Hospital Pantai..tokeh dia orang Alor Setar..Wak kenal tokeh dia tu...sebab Wak regular customer. Menu makanan dia memang sedap-sedap belaka dan harganya pun berpatutan.

Nasi Lemak Kukus tu kedai lain..dan opposite Restoran Selera Utara...Pakcik tu jual Nasi Lemak kat parking lot..bawa van...dari jam 7 pagi hingga tengahhari...kalau hari Sabtu & Ahad...memang Queue panjang...average orang beli 5 hingga 10 bungkus seorang.