Malaysia is a country that is home to many thriving business individuals and entrepreneurs. These individuals have created wealth through hard work, determination, and innovative ideas. This article will introduce you to the top 14 Meet the Malaysian Billionaires 2023. These individuals have made a significant impact on the Malaysian economy and have become an inspiration for aspiring entrepreneurs.
Top 14 Meet the Malaysian Billionaires
Tan Sri Koon Poh Keong is a Malaysian businessman and entrepreneur who has amassed an impressive net worth of USD 4.3 billion in 2023. Despite starting with humble beginnings, Tan Sri Koon worked hard to build his business empire that spans multiple industries, including oil & gas, hospitality, agriculture, and real estate.
His success story began when he established his first company in 1971 to manufacture industrial chemicals and fertilizers. Since then, Tan Sri Koon has grown his portfolio to include investments in many large-scale projects throughout Malaysia, such as residential complexes, shopping malls, and theme parks.
He also owns the majority stake in Kuala Lumpur City Centre Corporation Berhad (KLCC), one of Malaysia’s largest real estate companies, which owns some of the most prestigious buildings in the city, including the famous Petronas Twin Towers. [Read more …… ]
Tan Sri Chen Lip Keong Net Worth 2023
Tan Sri Chen Lip Keong is one of the most successful businessmen in Asia, with a net worth estimated to be close to $1.5 billion, according to Forbes in 2023. The Malaysian-born entrepreneur is widely credited for transforming Genting Group into one of the largest gaming operators in the world.
Chen Lip Keong began his career as an accountant at Kuala Lumpur’s United Malayan Banking Corporation. He quickly rose, eventually becoming Executive Chairman of Genting Berhad, a multinational conglomerate interested in the entertainment, hospitality, and leisure industries.
Under his leadership, Genting experienced phenomenal growth and was listed on the Kuala Lumpur Stock Exchange in 1969. In addition to his work at Genting, Chen has been a non-executive director at OCBC Bank since 2004 and held top positions at other major corporations such as Carlsberg Brewery Malaysia Berhad. [Read more …… ]
Tan Sri Ananda Krishnan, one of the wealthiest men in Asia and Malaysia’s second-richest individual, has an estimated net worth of $10.3 billion as of 2023. His wealth has been amassed mainly through his companies, which range from oil and gas to telecommunications and entertainment.
Krishnan is the founder and Chairman of Usaha Tegas Sdn Bhd, a private investment holding company interested in gaming, real estate, and energy. He is also the Chairman Emeritus of Maxis Communications Berhad, which he founded in 1995 as a cellular services provider; it now offers Internet data packages across several Southeast Asian countries.
He also holds stakes in Astro All Asia Networks plc., Malaysia’s leading satellite TV provider, and oil transportation giant Tanjong Plc., which he acquired through Usaha Tegas in 2002. [Read more …… ]
Kuan Kam Hon is a Malaysian-born entrepreneur who has built an impressive net worth over the past few years. His business success has enabled him to amass a considerable fortune, estimated to be over $100 million as of 2023.
Kuan Kam Hon began his career as a self-made entrepreneur in Malaysia, where he founded several successful companies in oil and gas, construction, and shipping. He also invested heavily in real estate and stock markets worldwide, which has contributed significantly to the growth of his wealth.
As a result, Kuan Kam Hon currently owns several large businesses and properties across multiple countries, including Malaysia, Hong Kong, China, and Singapore. Kuan Kam Hon’s hard work and savvy business acumen have allowed him to accumulate a substantial net worth over time. [Read more …… ]
Tan Sri Lim Kok Thay is a billionaire businessman and investor in Malaysia. He is the founder, owner, and Chairman of Genting Berhad, the largest casino operator in Malaysia. In 2020, Forbes estimated his net worth to be US$4 billion, which placed him on the list of one of Malaysia’s wealthiest people.
As a result of Tan Sri Lim Kok Thay’s success with Genting Berhad, he has become one of Malaysia’s most influential figures in business and politics. He is also renowned for his philanthropic activities, with many charitable causes benefiting from his wealth.
Furthermore, Tan Sri Lim Kok Thay holds several positions: Chairman at YTL Communications Sdn Bhd, Director at Genting Plantations Berhad, and Executive Chairman at Resorts World Group. [Read more …… ]
Tan Sri Lau Cho Kun Net Worth 2023
Tan Sri Lau Cho Kun is one of Malaysia’s most prominent and well-respected business magnates. With a net worth estimated at least $1.3 billion in 2023, he is one of the wealthiest individuals in Malaysia and Southeast Asia.
Lau Cho Kun has made his fortune through various investments, including real estate, technology, and energy. He first rose to prominence when he founded the Real Estate Investment Trust (REIT) company UEM Sunrise Berhad in 1997.
This company quickly became one of Malaysia’s largest property developers, with numerous projects nationwide and overseas. In addition to UEM Sunrise, Lau Cho Kun also owns shares in several other Malaysian companies, such as Telekom Malaysia Berhad, Astro All Asia Networks Plc., and YTL Power International Bhd. [Read more …… ]
Robert Kuok Net Worth 2023
Robert Kuok is a well-known businessman and philanthropist from Malaysia, renowned for his vast wealth and business empire spanning multiple industries. He is considered one of the wealthiest people in the world, with a net worth estimated at over $14 billion. In this article, we will delve into the life and business ventures of Robert Kuok to understand how he accumulated his immense wealth. [Read more …… ]
Vincent Tan Net Worth 2023
Vincent Tan has been making waves in the business world since his humble beginnings. The Malaysian entrepreneur, investor, and philanthropist has been on the rise ever since he founded Berjaya Corporation in 1984. With an estimated $2 billion net worth as of 2022, Vincent Tan will be one of Asia’s wealthiest people by 2023.
Tan’s success comes from various investments, ranging from hotels and resorts to lotteries and media companies. He also invested heavily in football clubs such as Cardiff City Football Club in England and FK Sarajevo FC in Bosnia-Herzegovina. Furthermore, his philanthropic efforts have earned him recognition from Forbes Magazine, where he was listed as “one of Malaysia’s most generous billionaires” in 2020.
Teh Hong Piow Net Worth 2023
Teh Hong Piow, the founder and executive Chairman of OCBC Bank, has been a significant player in Singapore’s banking industry since founding the country’s oldest bank in 1932. With a net worth estimated at US$3.6 billion in 2022, Teh Hong Piow is one of the wealthiest individuals in Singapore. He continues to be an influential figure for generations to come.
As Teh Hong Piow continues to grow his wealth through investments and business ventures, experts estimate he will have a net worth of roughly US$3 billion by 2023. This increased value can largely be attributed to his success as head of OCBC Bank and other investment opportunities he has taken on recently.
Yeoh Tiong Lay Net Worth 2023
Yeoh Tiong Lay is one of Malaysia’s most successful and respected entrepreneurs. As of 2023, his net worth is estimated to be an impressive $1.8 billion. Born in 1929, he began his career as a contractor building roads and bridges before eventually becoming a prominent business leader with YTL Corporation Berhad, which he founded in 1955.
YTL Corporation Berhad has grown into one of Malaysia’s largest conglomerates, with interests ranging from construction to hospitality, utilities, communications, and retailing. Yeoh Tiong Lay has been credited for many of the company’s successes, becoming a cornerstone of the Malaysian economy. He serves as Chairman Emeritus after handing over executive duties to his son Francis Yeoh in 2007.
Lee Shin Cheng Net Worth 2023
Lee Shin Cheng is a Malaysian entrepreneur who has become one of the wealthiest people in the world. Born on April 5, 1969, he began his career as a civil engineer before founding IJM Corporation Berhad in 1983. Since then, he has become one of Malaysia’s top business tycoons, and his net worth currently stands at an estimated $4.9 billion as of 2022.
Lee Shin Cheng earned his fortune from IJM Corporation Berhad and Genting Group, one of the largest conglomerates in Asia with interests in casino resorts and entertainment facilities worldwide. He was appointed executive Chairman of Genting Group following its acquisition by IJM in 2001 and is an active member of its board of directors.
Quek Leng Chan Net Worth 2023
Quek Leng Chan is one of the most influential people in Asia. According to Forbes, his net worth has ballooned to an astonishing $24 billion in 2022 and is expected to grow further over the coming years.
Born into a wealthy family in Malaysia, Quek Leng Chan has become the second-richest man in Malaysia and the sixty-fourth richest person on Earth. His business empire spans many countries, including Hong Kong, China, Thailand, and Singapore. He has invested heavily across banking, real estate, hospitality, and infrastructure development sectors.
In 2021 alone, Quek had invested more than $8 billion worth of assets into various businesses worldwide. This includes taking control of two leading Asian banks – GIC Private Bank (Singapore) and Hang Seng Bank (Hong Kong).
Tan Sri Dr. Francis Yeoh Net Worth 2023
Tan Sri Dr. Francis Yeoh is one of Malaysia and Asia’s most successful business leaders. As the Managing Director of YTL Corporation Berhad, he has worked to build an empire that has become a powerhouse for the Malaysian economy. His net worth in 2023 is estimated to be around US $1 billion, making him one of the wealthiest individuals in Malaysia and among the top 40 richest people in Southeast Asia.
The majority of Tan Sri Dr. Francis Yeoh’s wealth comes from his position as Managing Director and Chairman at YTL Corporation Berhad, which he founded in 1995. The company owns many businesses, including construction, power generation and utilities, telecoms, property development, hotels and resorts, retailing, E-commerce, and more.
Tajudin Ramli Net Worth 2023
Tajudin Ramli is a Malaysian entrepreneur and investor with an estimated net worth of $1.5 billion in 2023. He began his business career by founding the technology company Mi Tech in 1988, later renamed Maxis Communications Berhad. This venture proved hugely successful and enabled him to acquire several other businesses, such as AirAsia, Tune Hotels, and Air Asia X. He also invests in oil palm plantations and construction companies throughout Malaysia.
Ramli is well known for his philanthropic efforts; he founded the Tajul Ariffin Foundation, which helps underprivileged children access education and healthcare services and provides financial assistance to those affected by natural disasters or poverty-stricken communities. His other charitable work includes donating funds towards building schools, mosques, and libraries while supporting various health programs across the Asia Pacific.