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…