In the June 5 issue of Forbes Asia, ‘Sugar King’ Robert Kuok heads "The Malaysia’s 40 Richest" with an estimated US$5.6 billion, followed by Tatparanandam Ananda Krishnan with a net worth of US$4.6 billion and Teh Hong Piow at US$2.1 billion.

This is the first Malaysia-specific Rich List compiled by Forbes Asia. Previously, Malaysia’s rich were included in Forbes’ overall South-east Asia Rich List.

Kuok, 83, made his fortune from trading in sugar, rice and wheat flour. Today, he heads the multinational Kuok Group. His Pacific Carriers Ltd is a leading dry-bulk shipper in the Pacific basin while his Transmile Group transports freight by air and has landing rights in China and India. He also owns 10 Coca-Cola bottling plants in China.

Ananda Krishnan is the man behind Maxis Communications, Tanjong, racetrack betting and lottery systems while Teh is the man behind Malaysia second-largest lender Public Bank.

One of the youngest on the list is Vinod Sekhar, 37, of the Petra Group, who already has an estimated US$200 million, while Anthony Fernandes, 42, founder of AirAsia, has US$205 million.
 
In contrast, there are 12 people worth less than US$100 million, the 40th Kasi KL Palaniappan has a net worth of US$65 million, a mere 1 per cent of Kuok’s fortune.

1) Robert Kuok Hock Nien
83 years old
Net Worth: $5.6 billion

2) Tatparanandam Ananda Krishnan
68 years old
Net Worth: $3.2 billion

3) Teh Hong Piow
76 years old
Net Worth: $2.1 billion

4) Lee Shin Cheng
67 years old
Net Worth: $2.05 billion

5) Quek Leng Chan
65 years old
Net Worth: $2 billion

6) Lim Goh Tong
88 years old
Net Worth: $1.5 billion

7) Yeoh Tiong Lay
76 years old
Net Worth: $1.1 billion

8) Tiong Hiew King
70 years old
Net Worth: $1.05 billion

9) Syed Mokhtar Al Bukhary
54 years old
Net Worth: $1 billion

10) Lim Kok Thay
54 years old
Net Worth: $440 million

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