Sunday, March 4, 2012

Top 20 Malaysia's Richest 2011 - GEC Business Review

by Kelvin Wong

The depressed economic growth outlook for the past year has not been a deterrent for the top 20 richest tycoons in Malaysia whose cumulative wealth for 2011 grew by more than USD5.8 billion compared to the value in 2010.

The ‘Sugar King of Asia’ Tan Sri Dato Dr Robert Kuok Hock Nien retained his position as the richest manin Malaysia for 2011, and also as the 33rd richest in the world with estimated wealth of USD12.4 billion.

Trailing closely behind him at number two with estimated wealth of USD9.5 billion is the communicationmogul, Tan Sri T Ananda Krishnan who controls the biggest mobile service provider in the country, MaxisCommunications and the only local direct broadcast satellite pay television service provider, Astro.

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