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Malaysia’s Top 50 Richest People Saw A Wealth Increase Of 14% Amidst Pandemic

today3 June 2021

Background



The revelation is made by Forbes Asia, which published the Malaysia’s Richest 2021 List yesterday, 2 June.

According to the international financial magazine, Malaysian tycoons on the list saw a rebound in their collective wealth with a 14% increase to nearly USD90 billion (about RM370.98 billion) this year following a two-year downward trend.

The magazine said the reversal of fortune is partly contributed by the country’s dominant position as the medical glove maker to the world.

“In a…

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Written by: Yap Wan Xiang

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