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Malaysia is a Southeast Asian nation with over 33 million inhabitants. The nation’s economy is robust, with a GDP of over $447 billion in 2024. This has resulted in the emergence of numerous affluent individuals, the majority of whom are self-made entrepreneurs.
These individuals have amassed fortunes in industries such as commodities, food, finance, real estate, manufacturing, telecommunications, media, gaming, resorts, real estate, construction, energy, automotive, and manufacturing.
List Of Top 10 Richest Men In Malaysia 2024 Wealthiest Billionaires
1. Tan Sri Robert Kuok -$11.3 Billion
Tan Sri Robert Kuok has a net worth of $11.3 billion, making him the wealthiest man in Malaysia. Kuok is a self-made businessman who amassed his fortune in the commodity and culinary industries. He is the founder and chairman of the Kuok Group, a multinational corporation with interests in sugar, palm oil, real estate, and hotels.
2. Tan Sri Quek Leng Chan -$10.1 Billion
With a net worth of $10.1 billion, Tan Sri Quek Leng Chan is the second wealthiest man in Malaysia. Chan is the executive chairman of the Malaysian conglomerate Hong Leong Group, which has interests in finance, real estate, and manufacturing.
3. Tan Sri Koon Poh Keong -$5.8 Billion
Tan Sri Koon Poh Keong and his siblings have a net worth of $5.8 billion, making them the third richest people in Malaysia. Koon Poh Keong is the chairman of the Malaysian conglomerate IOI Group, which is involved in palm oil, real estate, and electricity generation.
4. Ananda Krishnan -$5.2 Billion
With a net worth of $5.2 billion, Ananda Krishnan is the fourth-richest man in Malaysia. Krishnan, an Indian industrialist born in Malaysia, amassed his fortune in the telecommunications and media industries. He is the chairman of Astro Malaysia Holdings, Malaysia’s largest pay-TV provider, and Maxis Communications, Malaysia’s largest mobile phone provider.
5. The Teh siblings -$5.2 Billion
With a net worth of $5.2 billion, the Teh siblings are the fifth wealthiest people in Malaysia. The Teh siblings inherited their fortune from their father, Teh Hong Piow, the founder and governor of Malaysia’s largest bank, Public Bank.
6. Lee Yeow Chor and Lee Yeow Seng -$4.6 Billion
With a combined net worth of $4.6 billion, Lee Yeow Chor and Lee Yeow Seng are the sixth wealthiest individuals in Malaysia. Lee Yeow Seng is the executive director of the IOI Group, while Lee Yeow Chor is the chairman.
7. Tan Sri Chen Lip Keong -$2.5 Billion
With a net worth of $2.5 billion, Tan Sri Chen Lip Keong is the seventh richest person in Malaysia. Chen Lip Keong is the chairman and chief executive officer of NagaCorp, a Cambodian casino and resort operator.
8. Lim Kok Thay -$2.2 Billion
With a net worth of $2.2 billion, Lim Kok Thay is the eighth wealthiest man in Malaysia. Lim Kok Thay is the chairman and chief executive officer of Malaysian conglomerate Genting Group, which has interests in gambling, resorts, and real estate.
9. Tan Yu Yeh and Tan Yu Wei -$1.9 Billion
With a combined net worth of $1.9 billion, Tan Yu Yeh and Tan Yu Wei are the ninth wealthiest individuals in Malaysia. Tan Yu Yeh is the chairman of the Malaysian conglomerate YTL Corporation, which has interests in real estate, construction, and energy. Tan Yu Wei is the group’s executive director.
10. Chia Song Kun -$1.8 Billion
With a net worth of $1.8 billion, Chia Song Kun is the tenth richest man in Malaysia. Chia Song Kun is the founder and chairman of the Malaysian conglomerate Hap Seng Group, which has interests in real estate, automotive, and manufacturing.
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