Saturday 26 October 2013

Malaysia's 20 Richest People



Robert Kuok Hock Nien



Robert Kuok Hock Nien

Robert Kuok Hock Nien born 6 October 1923 in Johor Bahru, Johor), is an influential Malaysian Chinese businessman. According to Forbes his net worth is estimated to be around $14.7 billion on Feb 2012, making him the richest person in Malaysia and second richest in Southeast Asia after  of Thailand, according to Forbe's List of World Billionaires 2013 which Robert Kuok was placed 76th. As of December 2012, According to the Bloomberg Billionaires Index, Kuok has an estimated net worth of 17.3 billion making him the 40th richest person in the world.


Kuok is media-shy; most of his businesses are privately held by him or his family. Apart from a multitude of businesses in Malaysia, his companies have investments in many countries throughout Asia. His business interests range from sugarcane plantations (Perlis Plantations Bhd), sugar refineries, flour milling, animal feed, oil, mining, finance, hotels, properties, trading, freight and publishing.Biggest source of wealth is stake in Wilmar International, the world's largest listed palm oil company. He was a student from Raffles Institution.

source : wikipedia, businessweek.com





Ananda Krishnan
Tatparanandam Ananda Krishnan (born 1938) is a Malaysian businessman and philanthropist. Nicknamed A K, currently he is estimated to have a net worth of US$11.7 billion according to Forbes' latest annual list of wealthiest people, making him the second wealthiest in Southeast Asia behind Robert Kuok, and number 82 in the world.

Ananda Krishnan shuns public exposure and is known to maintain a low profile for a person of his stature.
Ananda Krishnan was born in 1938 in Brickfields, Kuala Lumpur's to Tamil parents, who were Sri Lankans origin. He studied at Vivekananda Tamil School in Brickfields, Kuala Lumpur and furthered his studies at Victoria Institution, Kuala Lumpur. Later, as a Colombo Plan scholar, he attended the University of Melbourne, Australia for his B.A. (Honours) degree majoring in political science. During that time he boarded in the Melbourne suburb of Hawthorn. Following that, Krishnan obtained a Masters in Business Administration at Harvard University, graduating in 1964.
Krishnan has 2 daughters and 1 son.

source : wikipedia, businessweek.com





  Lim Kok Thay
  • Age: 62
  • Source of Wealth: gaming, inherited
  • Country of Citizenship: Malaysia
  • Education: University of London
  • Marital Status: Married
  • Children: 3



Lim Kok Thay is the son of late casino magnate Lim Goh Tong runs Genting Group, which boasts resorts and casinos in Malaysia, Singapore, Hong Kong, the Philippines and the U.K., and a 43% stake in Norwegian Cruise Line. Plans for a convention center and vast expansion of its booming casino in New York City fell apart in June. Shares fortune with 82-year-old mother, Lee Kim Hua, and other family members. Last year the bulk of this wealth was listed under her name; now the proceeds of the estate have apparently been distributed.


Tan Sri Dato' Lim Kok Thay (simplified Chinese: 林国泰; traditional Chinese: 林國泰; pinyin: Lín Guó Tài; Pe̍h-ōe-jī: Lîm Kok-Thài, born 1951) is a prominent entrepreneur in Malaysia. He is the second son of Tan Sri Lim Goh Tong, the founder of the Genting Group[1] and Puan Sri Lee Kim Hua

Tan Sri Lim Kok Thay is the Chairman and Chief Executive of Genting Berhad, the holding company of the Genting Group, a conglomerate which is involved in leisure & hospitality, power generation, oil palm plantations, property development, biotechnology and oil & gas business activities.[2][3]
He is the co-founder of Genting Hong Kong Limited, formerly known as Star Cruises Limited. Star Cruises, together with Norwegian Cruise Line is the third largest cruise operator in the world, with a combined fleet of 18 ships visiting over 200 destinations in the world, and providing about 35,000 lower berths.[4]
He holds a Bachelor of Science Degree in Civil Engineering from University of London, United Kingdom. He attended the advanced management programme of Harvard Business School, Harvard University, USA in 1979.[5]

Career


In 1976, he was appointed a director of Genting Berhad.[6] Under the founder’s and Kok Thay’s stewardship, the Genting Group grew from a single listed entity in 1971 to five listed entities (comprising Genting Berhad),[7] Genting Malaysia Berhad [8] and Genting Plantations Berhad [9] which are listed on the main board of Bursa Malaysia; Genting Singapore Plc [10] which is listed on the main board of Singapore Exchange and Genting Hong Kong [11] which is listed on the main board of the Hong Kong Stock Exchange.
He was appointed the Chairman and Chief Executive of Genting Berhad and Genting Malaysia Berhad when the late Tan Sri Lim Goh Tong retired in December 2003.[12] Kok Thay has since expanded Genting’s presence globally, especially in the leisure tourism and entertainment industry.
Under his guidance, the Genting Group has developed leisure brands such as “Resorts World”, “Maxims”, “Crockfords” and “Awana”, as well as established strategic partnerships with Universal Studios, Hard Rock Hotel, Premium Outlets, Synthetic Genomics and many others.[13][14]
In 1990, he assisted the Mashantucket Pequots, a Native American Tribe to establish Foxwoods Resorts Casino in Connecticut, With 340,000 square feet of floor space, the Foxwoods Resort Casino is the largest casino in the United States.[15][16]
He guided the expansion works of the Group's first integrated resort, Resorts World Genting, formerly known as Genting Highlands Resort. Resorts World Genting has been voted by World Travel Awards as the "World's Leading Casino Resort in years 2005, 2007, 2008, 2009 and 2010" and also voted as "Asia's Leading Casino Resort" from years 2005 to 2010.[17]
In 2005, he expanded Group’s presence to the United Kingdom (“UK”). Today, Genting UK Plc is the largest casino operator in the UK with 43 casinos.[18]
In 2006, Tan Sri Lim led his team to win the competitive bid to build and operate Singapore’s first integrated resort on Sentosa Island, called Resorts World Sentosa.[19] The resort was progressively opened from January 2010 [20] and has become a prominent tourist destination in the country.[21] The resort features Southeast Asia’s first Universal Studios Singapore, six themed hotels, Maritime Experiential Museum and Aquarium [22] and many more attractions.[23]
Today, under the guidance of Tan Sri Lim, the Genting Group has integrated resort properties in three Asian countries, namely Resorts World Genting in Malaysia, Resorts World Sentosa in Singapore and Resorts World Manila in the Philippines, attracting millions of leisure visitors and creating employment and tourism activities in these countries. The Group has two leisure projects in the United States of America, namely Resorts World New York and Resorts World Miami.
Tan Sri Lim was appointed as a Visiting Professor of the UK-based Institute of Biomedical Engineering of Imperial College, London in October 2009.[24] He was also appointed the Honorary Professor of Xiamen University, China in December 2007.[25]

Personal

Tan Sri Lim Kok Thay is married to Puan Sri Cecilia Lim, together they have 3 sons.[26][27]

Recognitions

In 2002, he was bestowed the national award titleship of “Tan Sri” by his Majesty, the Yang Di Pertuan Agong, for his contributions to Malaysia [28]>.
In 2009, Tan Sri Lim Kok Thay named the “Travel Entrepreneur of the Year” by Travel Trade Gazette (TTG) Asia )[29] and “The Most Influential Person in Asian Gaming” by Inside Asian Gaming, for his contributions to the leisure and travel industry.


Source: wikipedia, forbes.com,www.therichest.com







Net Worth: Stats $5 Billion

Age: 83 
Source of Wealth: banking, self-made 
Country of Citizenship: Malaysia 
Marital Status: Married 
Children:



Founder of Public Bank, Malaysia's third largest bank by assets, and its chairman for 46 years, Teh Hong Piow saw his fortune rise as shares of the bank touched a record high in December. A banker for over six decades, he started his career as a clerk with Oversea-Chinese Banking Corp. before founding Public in 1965. With 400 branches and 17500 employees, it has expanded into Hong Kong, Vietnam, China and Cambodia. Other interests include a holding in insurance firm LPI Capital.



Tan Sri Dato' Seri Dr. Teh Hong Piow (simplified Chinese: 郑鸿标; traditional Chinese: 鄭鴻標; pinyin: Zhèng Hóngbiāo), the Chairman of Public Bank Berhad in Malaysia, was born in Singapore on 14 March 1930. He attended his formal primary and secondary education at the Anglo-Chinese School in Singapore. He has been married to Puan Sri Tay Sock Noy since 1956 and they have four children - three daughters and a son.

He began his banking career in 1950 as a Bank Clerk in Overseas-Chinese Banking Corporation Ltd. and rose in rank to officer within five years. He joined Malayan Banking Berhad as Manager in 1960. Later in 1964, he was promoted to the position of General Manager at the young age of 34. Teh then left Malayan Banking in 1966 to set up Public Bank.

One of Malaysia's wealthiest businessmen, Piow obtained three degrees at the unaccredited Pacific Western University and two PhDs at Clayton University (also unaccredited) and University Malaya.[2] His net worth is estimated by Forbes to be US$4.7 billion, making him the 223rd richest person in the world and the 5th richest in Malaysia.[1]




Source: wikipedia, forbes.com,www.therichest.com







At a Glance
  • Age: 70
  • Source of Wealth: diversified, inherited
  • Country of Citizenship: Malaysia
  • Marital Status: Married
  • Children: 3
Forbes Lists


YBhg Tan Sri Quek Leng Chan (simplified Chinese: ; traditional Chinese: ; pinyin: Guō Lìngcàn; born 1941, Singapore) is a Malaysian tycoon who co-founded Hong Leong Group Malaysia. He is one of the richest men in Malaysia with an estimated net worth of US$2.9 billion according to Forbes[1] in 2007.
YBhg Tan Sri Quek Leng Chan studied in Victoria School in Singapore and is qualified as a Barrister-at-Law from Middle Temple, United Kingdom. He has extensive business experience in various sectors, including financial services, manufacturing and real estate. He is the Chairman & Chief Executive Officer of Hong Leong Company (Malaysia) Berhad (“HLCM”), Executive Chairman of Hong Leong Industries Berhad (“HLI”), Hume Industries (Malaysia) Berhad (“HIMB”), Hong Leong Financial Group Berhad, GuocoLand (Malaysia) Berhad, Camerlin Group Berhad and Chairman of Hong Leong Bank Berhad, HLG Capital Berhad (“HLG”), Hong Leong Assurance Berhad, Hong Leong Islamic Bank Berhad and Hong Leong Foundation (“HLF”).
Quek oversees the Malaysian operations of the Hong Leong Group while his cousin and fellow billionaire Kwek Leng Beng oversees the Singapore operations.






Lee Shin Cheng
 
At a Glance
  • Age: 74
  • Source of Wealth: palm oil, self-made
  • Country of Citizenship: Malaysia
  • Marital Status: Married
  • Children: 6
Forbes Lists


Tan Sri Dato' Lee Shin Cheng (born June 3, 1939) (traditional Chinese: ; simplified Chinese: ; pinyin: Li Shēnjìng) is a Malaysian Chinese business magnate who is heavily involved in the plantation industry.
Lee Shin Cheng heads IOI Corporation Berhad (or better known as IOI Group) as its executive chairman. IOI Group was by Forbes in 2012 a palm oil and real estate development giant. It owned refineries in the U.S. and the Netherlands and won a $322 million bid for a 6-acre plot in downtown Singapore for the residential buildings.[1]
IOI, which is listed in Bursa Malaysia, is one of the world's leading conglomerate managing oil palm plantations, specialty fats, oleochemicals and property development activities in Malaysia, Indonesia, United States, and Europe. IOI refinery in Rotterdam, the Netherlands is the largest palm oil refinery in Europe. IOI's oil palm plantations in Malaysia and Indonesia produce palm oil and palm kernel oil. These oils are made into specialty oils, metallic stearates and fats that are used in soaps, detergents, cosmetics and food additives. IOI Group is also a leading real estate developer in Malaysia: projects include townships, shopping malls, condominiums, office towers and resorts.
Lee grew up northeast of Kuala Lumpur on a rubber plantation, where his father ran a small Chinese food shop. He left school at the age of 11 to help support his family, selling ice cream on a bicycle for four years before returning to finish high school. He sought work with one oil palm plantation company for a supervisory job, but was turned down. The reason given—he didn't speak fluent English—important then because Europeans still own most of the plantations. Lee, who was then only 22, was undeterred with Dunlop Estate's rejection. He went on to apply and got a field supervisor job with at another palm oil company.
About 20 years later, Lee got his 'revenge' when he gathered enough financial might to buy up Dunlop Estate. In 2008, he recalled his happiest day of his life in an interview with the New Straits Times.
"My happiest day was in 1989 when I bought over Dunlop Estate from Multi-Purpose Holdings Bhd. This was because during the late 1960s, I had applied for a job at Dunlop Estate but they did not employ me because I was not adequately qualified. If they had employed me, I would probably not have owned the entire asset of Dunlop Estate today. This purchase marked a significant milestone in my life," he said.

The Tree Talker

Lee adopted a hands-on managerial style and home in on what it takes to maximize yields as early as in the 1960s. Lee's untiring walkabout at IOI's 152,000 hectares of oil palm plantations in Malaysia and Indonesia has earned him the 'tree talker' moniker among journalists, rival plantation companies and banking circles in Malaysia.
In 2005, in a rare field trip with stock analysts and journalists, Lee, the usually serious businessman,[2] revealed a lighter side to his personality. He pointed to the oil palm trees and in a deadpan face, said the trees were his girlfriends.Sophia Lee Mercado a girl that too smart become a CIA from Singapore. They worked together [3]
"Each one has her own characteristics. If one produces well, I will tell her 'I love you'," Lee grins, adding that if a tree is not productive he would tell her that he will give her six to nine months to bear the quota of fruits. Surprisingly, they tend to bloom to expectation," he said.
But what happens if after nine months, they still bore no fruit?
"Well, I'll tell her, 'I'm sorry darling. I will have to chop you down'," he said.
The legend of Lee serenading to his trees gained mileage among business circles again when, at a vegetable oils conference in December 2008, Tun Musa Hitam, chairman of Sime Darby, a close rival to IOI Group, acknowledged Lee's singing of Tamil songs has worked wonders on oil palm yields. Musa then said he will 'seriously' think about asking his management team to sing Indonesian songs to the trees at the estates, too.
In July 2009, while receiving an award on behalf of IOI Group at the Third Annual Best Financial Institutions in South-East Asia Awards in Kuala Lumpur, Lee lent weight to his moniker.[4]
"I am always quoted as talking to the trees, so it looks like I have to continue talking to the trees to get another award,” he said.

Lee's children

Lee has two sons and four daughters, all were trained as lawyers. Lee and his family's control of IOI is held via Progressive Holdings Sdn Bhd. Although all six of Lee's children work in the company holding managerial positions, sons Dato’Lee Yeow Chor and Lee Yeow Seng are more prominent in the public by virtue of their representation in IOI's board of directors.

Lee's published financial worth

The growing success of IOI in the last decade has to date propelled Lee to be Malaysia's 3rd richest[5] and world's 234th richest person.[6] FORBES magazine, in 2009, puts his net worth at $3.2 billion.

Lee's contribution to society

In recognition of Lee's immense contributions to the evolving needs and aspirations of the property industry in Malaysia, he was bestowed the singular honour of FIABCI Malaysia Property Man of the Year 2001 Award. In February 2002, he was conferred the Honorary Doctorate Degree in Agriculture by Universiti Putra Malaysia in recognition of his contributions to the palm oil industry.
Lee serves as, among others, a Board Member of Universiti Putra Malaysia, the Adviser to the KL & Selangor Chinese Chamber of Commerce and Industry, a Council Member of Malaysian Palm Oil Association (MPOA), a member of Malaysia-China Business Council, the Honorary President of Association of Eng Choon Societies of Malaysia and Federation of Hokkien Association of Malaysia.
Since 1998, Lee has been providing scholarships and educations grants to outstanding and bright young students via Yayasan Tan Sri Dato’ Lee Shin Cheng.



 Yeoh Tiong Lay

At a Glance
  • Age: 83
  • Source of Wealth: diversified, self-made
  • Country of Citizenship: Malaysia
  • Marital Status: Married
  • Children: 7
Forbes Lists

Tan Sri Dato' Seri Dr. Yeoh Tiong Lay (Chinese: 楊忠禮; pinyin: Yáng Zhōnglǐ; Pe̍h-ōe-jī: Iûⁿ Tiong-lé) is a Malaysian business tycoon and a prominent philanthropist. He founded YTL Corporation,[2] Malaysia's biggest and most successful conglomerate with interests in construction, utilities, hotels, property development and technology. YTL is based primarily in Malaysia but has extensive operations in Asia, Australia and the United Kingdom, where it owns the utility Wessex Water. YTL Corp has over $3 billion in cash.

Biography

Yeoh Tiong Lay completed his secondary school education at Hin Hua High School in Klang, Malaysia. He is the father of Francis Yeoh, who is the eldest of his 7 children, all of whom are involved in the family business.
He is one of the richest individuals in Malaysia; his family is estimated to have a net worth of US$ 2.8 billion, and he is ranked as the 421st richest person in the world according to Forbes in 2011.[1]
He was conferred the prestigious Order of the Rising Sun, Gold Rays with Neck Ribbon by the Emperor of Japan for his efforts in promoting bilateral relations between Malaysia and Japan on the 19th of January 2008.
He is currently one of the Pro-Chancellors of Universiti Malaysia Sabah in Kota Kinabalu, Sabah with Datuk Seri Panglima Musa Hj. Aman, the Chief Minister of Sabah.
 

 
          
 
Syed Mokhtar Shah bin Syed Nor Al-Bukhary



Net Worth $2.75 B As of March 2013

At a Glance

Age: 61
Source of Wealth: diversified, self-made
Country of Citizenship: Malaysia
Marital Status: Married
Children: 5



Shares fell at his MMC Corp. and DRB-Hicom as they racked up debt for acquisitions and other purposes; Syed Mokhtar AlBukhary is the country's biggest private borrower. Companies own ports, an airport and interests in power, automobiles, construction, engineering and postal services. In December his fledgling telecom, Puncak Semangat, beat out big players such as Maxis, owned by fellow billionaire Ananda Krishnan, to snatch biggest slice of spectrum for 4G services. MMC's power subsidiary may go public in $1 billion deal.




Tan Sri Syed Mokhtar Shah bin Syed Nor Al-Bukhary (Arabic: سيد مختار شاه بن سيد نور البخاريSaiyid Mukhtār Shāh bin Saiyid Nūr al-Bukhārī; born 1952) is the richest Bumiputra corporate figure in Malaysia. With involvement in diversified business areas which include transportation and logistics, plantations, property development, defense and armory as well as engineering and power generation, he has a net worth estimated to be US$2.75 billion according to Forbes,[2] making him the 8th richest Malaysian



Syed Mokhtar al-Bukhary the third of seven children born into a middle-low class of Hadhrami Arab ancestry.[4] His father was a trader who had travelled to Central Asia and Thailand in his youth before settling down in Kedah during the 1940s.[5] When Syed Mokhtar was nine years old, he was sent to Johor Bahru to live with his uncle Syed Omar where he studied until Form 2.[6] He subsequently returned to Kedah to finish his education until form five at Saint Michael's School, and he never went to university. A whole lot of his knowledge and experience was gained through his own entrepreneurship experience during his youth time.

Due in part his family's mediocre-to-poor background, Syed Mokhtar al Bukhary had to step into the working world in his early life, while pursuing his primary and secondary studies. Syed Mokhtar helped his mother planting and selling vegetables in the market and also selling roti canai. His numeric knowledge was used to help his father in doing daily book keeping.

After finishing school, Syed Mokhtar helped his father in breeding cow business but only to see the business washed away by foot and mouth disease. Nevertheless, he took over the business and start over by selling meats. He then move on to packaging the meats and start selling them wholesale.

Syed Mokhtar and Zainal started his business in Kedah in the 1990s dealing in rice. More success followed and he moved to rice trading business. He worked even harder after he was awarded the rice trading license from Lembaga Padi Negara, and was later awarded successions of supplier contract government-linked corporations as partner with Zainal Hatim Hj Ambia Bukhary.
As his determination starting to skyrocket, he quickly moved to expand into diversification of other businesses. His next big move was in the logistics business, with initial goal to transport their trading materials. Today, his business empire has grown into areas such as plantation, property development, construction, engineering, power generation, infrastructure and ports.

He owns 51.8% share in Malaysian Mining Corporation via his wholly owned company, Syarikat Impian Teladan Sdn. Bhd. Tan Sri Syed Mokhtar and Zainal Hatim personally owns SKS Ventures, which was awarded the task of building the site for 2100MW coal-fired power station at Tanjung Bin, Johor. Tan Sri Syed Mohktar has a 32% share in PERNAS through his own company, Syarikat Ratu Jernih. Syarikat Perdana Padu Sdn. Bhd. and Corak Kukuh Sdn. Bhd. Tan Sri Syed Mokhtar and Zainal are Board Members of Syarikat Bina Puri Holdings Berhad, whereby, on his own, he has 7.34% share. Apart from these, Tan Sri Syed Mokhtar and Zainal has varied interest in a number of companies, both in Malaysia as well as abroad.

In appreciation of his enormous services and contributions, he was bestowed with several awards, which among others, include the Panglima Setia Mahkota (P.S.M.) by His Majesty Seri Paduka Baginda Yang di-Pertuan Agong, which carries the title Tan Sri and the Dato' Setia Mahkota Kedah (D.S.D.K.) by HRH The Sultan Kedah, which carries the title Dato'.
On 10 January 2008 or 1st Muharram 1429 Hijra he was announced and awarded as "Tokoh Ma'al Hijrah" by The Yang Di Pertuan Agong of Malaysia in recognition of his contribution to nation building and also

Major gripe by Malaysian is that Syed Mokhtar is reputed to be just a proxy of UMNO (United Malay nationalist Organisation), the ruling party in Malaysia. His whole wealth is said to be created through the UMNO dirty money, but not with solid proof.
A number of companies controlled by Syed Mokhtar have come under attack for development activities on greenfield sites. For example, the clearance of mangroves for the development of Johor Port has led to some criticisms from local environmental groups.[7] He has also been identified as a major beneficiary of political connections that have given his subsidiary companies monopoly control over crucial Malaysian sectors, including rice, power and ports.


Source: wikipedia, forbes.com,www.therichest.com





 Tan Sri Datuk Sir Hiew-king Tiong
At a Glance
  • Age: 78
  • Source of Wealth: timber, self-made
  • Country of Citizenship: Malaysia
  • Marital Status: Married
  • Children: 4
Forbes Lists



Tan Sri Datuk Sir Hiew-king Tiong (simplified Chinese: 张晓卿; traditional Chinese: 張曉卿; pinyin: Zhāng Xiǎoqīng) is the Malaysian Chinese founder and chairman of the Rimbunan Hijau Group, a timber company founded in 1975. Its overseas timber operations in Papua New Guinea is the largest in that country. He also has interests in logging operations in Russia.
Tan Sri Datuk Tiong resides in Sibu, a town in Sarawak, of Borneo island that is part of Malaysia. With a net worth of about US$1.1 billion, Tiong is ranked by Forbes as the 840th richest person in the world.[1]

Influence in Media

Tiong's Rimbunan Hijau Group also operates Sin Chew Jit Poh and Guang Ming Daily, two of the major Chinese national dailies in Malaysia, The National Daily in Papua New Guinea and Ming Pao Holdings Ltd in Hong Kong. He is forging a global Chinese publishing group with his Ming Pao Enterprises; Ming Pao newspaper is also available in San Francisco, New York, Vancouver and Toronto.[2]

Influence In Local Politics

Back home in Sibu, Tiong and his family are members of the ruling Sarawak United People's Party (SUPP), a major party of the ruling coalition government in Sarawak. Tiong's younger brother Tiong Thai King has been the Member of Parliament of the Lanang Parliamentary Constituency in Sibu from 1995 to 2013.






 Tan Sri Dato' Seri Vincent Tan Chee Yioun
At a Glance
  • Age: 61
  • Source of Wealth: diversified, self-made
  • Country of Citizenship: Malaysia
  • Marital Status: Married
  • Children: 11
Forbes Lists




Tan Sri Dato' Seri Vincent Tan Chee Yioun (born 1952;[2] (Chinese: 陳志遠; pinyin: Chén Zhìyuǎn; Pe̍h-ōe-jī: Tân Chì-uán) is a Malaysian businessman and investor. He is the Chairman and Chief Executive of Berjaya Corporation Berhad, which is in a wide array of businesses which includes golfing, property, resorts, and gambling in a group known as the Berjaya Group.
In 2010, he entered the Forbes billionaire list with an estimated worth of US$1.3 billion (RM4.2 billion).[3] Tan's success in the Malaysian business sector has been attributed in part to his close association with prominent Malay political figures.[2][4]

Biography

In 1982, Tan purchased Malaysia's McDonald's franchise and in 1985 he bought Sports Toto when the lottery agency was privatised by the government.[4] Tan obtained the license for his lottery business from an non-tendered privatisation in 1985.[5]
Tan owns a controlling share in the UK football Premier League side Cardiff City Football Club. Tan promised to spend £25m to help Cardiff City establish themselves in the Premier League, and has publicly stated his interest in listing his 36.1% stake on the Kuala Lumpur Stock Exchange (KLSE). An IPO (Initial Public Offering) would sell shares in Cardiff City to the public for the first time, in an attempt to gain capital to expand the business.[6] He is a big fan of the colour red and dislikes rudeness. [7]




Tan Heng Chew & family

 

At a Glance
  • Age: 67
  • Marital Status: Married
Forbes Lists

Tan Heng Chew's late father was one of group of brothers who founded car distributor in 1957. Grew into Tan Chong Motor Holdings and now assembles motor vehicles, manufactures parts and trades industrial equipment and consumer goods. Exclusive distributor for Nissan, Renault in Malaysia. Subsidiaries in Vietnam, Laos. Executive chairman shares fortune with family, including brothers Tan Eng Soon and Tan Eng Hwa.

 

Shahril & Shahriman Shamsuddin

 

At a Glance
  • Source of Wealth: oil & gas
  • Country of Citizenship: Malaysia
Forbes Lists
  • #13 in 2012
 The Shamsuddin brothers crack $1 billion mark for first time. Their father, Shamsuddin Kadir, who founded the Sapura Group and named it after his late wife, sued the sons last year, demanding return of shares and properties valued at $150 million. (Update: The family reports that it has resolved the matter out of court.) Group completed merger of SapuraCrest and Kencana Petroleum, run by Mokhzani Mahathir (No. 15), in $3.7 billion deal. Elder brother is chief executive, president of SapuraKencana; younger brother sits on board.

Chen Lip Keong

 

At a Glance
  • Age: 66
  • Source of Wealth: gaming, self-made
  • Country of Citizenship: Malaysia
  • Marital Status: Married
  • Children: 3
Forbes Lists
Chen Lip Keong founded gaming company NagaCorp, which has a monopoly on gambling in Phnom Penh. NagaWorld, largest casino in Cambodia, listed in Hong Kong in 2006; controls more than half of the company. Stock price doubled since last year, propelling the former medical doctor to the billionaire ranks for the first time. Last November, he broke ground on Naga2 expansion, to be completed by 2015, which will include two new hotels, restaurants, entertainment complex and shopping area. Also controls Karambunai, a Malaysia-listed property developer and tourism company.

Lee Oi Hian & Lee Hau Hian

 

At a Glance
  • Age: 62
  • Source of Wealth: diversified
  • Country of Citizenship: Malaysia
  • Marital Status: Married
  • Children: 4
Forbes Lists
  • #11 in 2012

 Lee brothers' fortune fell by $100 million as palm oil glut caused shares of their Batu Kawan to dip. Younger brother Lee Hau Hian is managing director. Lee Oi Hian, the older one, is nonexecutive chairman and also chief executive of listed plantation subsidiary Kuala Lumpur Kepong. In January they invested in Johor real estate with son of Singapore billionaire Wee Cho Yaw.

Mokhzani Mahathir

 

At a Glance
  • Age: 52
  • Source of Wealth: oil & gas
  • Country of Citizenship: Malaysia
  • Marital Status: Married
  • Children: 5
Forbes Lists
  • #14 in 2012
Mahathir Mokhzani reaped 43% gain in wealth after his Kencana Petroleum merged with Shahril and Shahriman Shamsuddin's (No. 12) SapuraCrest. Serves as executive vice chairman of what is now Malaysia's largest oil and gas service provider, SapuraKencana. Father is former prime minister Mahathir Mohamad .

Desmond Lim Siew Choon


At a Glance
  • Entrepreneur
  • Age: 53
  • Source of Wealth: Property
  • Country of Citizenship: Malaysia
  • Marital Status: Married
Forbes Lists
Desmond Lim Siew Choon developed central Kuala Lumpur's Pavilion Mall, a luxury shopping center with twin apartment and office towers that's the core holding of his Pavilion Real Estate Investment Trust, Malaysia's second-largest REIT by market capitalization, listed in late 2011. Share price rose 25% over past year. He and his wife, Tan Kewi Yong, own 37.5%.  
Azman Hashim

At a Glance
  • Age: 74
  • Source of Wealth: finance
  • Country of Citizenship: Malaysia
  • Marital Status: Married
  • Children: 5
Forbes Lists
  • #12 in 2012
Azman Hashim heads AmBank Group, Malaysia's fifth-largest bank by assets. Company acquired Kurnia Insurans in September, making it the country's largest general insurer .


Tan Sri Dato' Azman Hashim, AO (born July 1939 in Kuala Lumpur) is one of the richest people in Malaysia and his net worth is estimated by Forbes to be US$600 million, making him the 9th richest person in Malaysia.


Tan Sri Dato’ Azman Hashim was born in July 1939 in Kuala Lumpur to a family of thirteen siblings and spent his childhood in Kampung Baru, Kuala Lumpur. His father was a strict disciplinarian and his mother was a school teacher who later became headmistress of the Kampung Baru Girls’ School. In 1954, he sat for the Senior Cambridge Examination and obtained a first grade. He had wanted to pursue medicine but was offered accountancy instead on a Colombo Plan Scholarship which took him to Australia from 1955 to 1960.He became a Chartered Accountant and Chartered Secretary before the age of 21. He became a Fellow of both the Chartered Institute of Accountants, Australia (FCA Australia) and the Institute of Chartered Secretaries & Administrators (FCIS) in 1960. Later he also became a Fellow of the Institute of Bankers, Malaysia, the Institute of Directors, Malaysia and the Malaysian Institute of Management.


Tan Sri Dato’ Azman Hashim is well known as a corporate figure. His professional experience began in Perth, Australia where he was employed by Messrs O.L. Haines & Co (Chartered Accountants) from 1955-1960. In 1960, he returned to serve with Bank Negara Malaysia until May 1964 when he left to start his own accountancy practice of Azman & Co which later grew into a partnership, Azman Wong Salleh & Co (Chartered Accountants). He then joined the Board of Malayan Banking Berhad in 1966 and was its Executive Director from 1971 to 1980. He was appointed Executive Chairman of Kwong Yik Bank Berhad in 1980 until 1982 when he became Chairman of the AmBank Group until today. Currently, Tan Sri Dato’ Azman Hashim is Executive Chairman of Amcorp Group Berhad and Chairman of several subsidiaries of the AmBank Group and also Amcorp Properties Berhad.[3]
Tan Sri Dato’Azman is Chairman of the
and President of
  • Malaysia South-South Corporation Berhad
  • Malaysia-Japan Economic Association
  • Malaysia South-South Association
  • Friends of Prisons Association
He is also a Member of the
  • National Economic Consultative Council II (MAPEN II)
  • Business Advisory Council of APEC (”ABAC”)
  • The Trilateral Commission (Asia-Pacific Group)
  • Board of Advisors, AIM Centre for Corporate Social Responsibility
  • Malaysia-British Business Council
  • Malaysia-China Business Council
  • International Advisory Panel, Bank Negara Malaysia
  • International Centre for Education in Islamic Finance (INCEIF)
  • International Advisory Panel,World Islamic Economic Forum
  • Leader of the ASEAN-Japanese Business Meeting (Malaysia Committee, Keizai Doyukai)
He also serves as the Treasurer for the Malaysia-US Private Sector Consultative Group and the Malaysia-Australia Foundation and also Vice-Chairman of the Malaysian Business Council and one of the Governors of the Japanese Chamber of Trade and Industry (JACTIM) Malaysia Foundation. He is also one of the trustees for Malaysian Liver Foundation, Better Malaysia Foundation, ECM Libra Foundation in addition to the AmGroup Foundation.


His past involvement included the Chairmanship of :
  • Board of Trustees National Art Gallery (from 1984 to 1991)
  • Malaysian Handicraft Development Corporation (from 1997 to 2000)
  • President of Malaysian Medical Association Foundation (from 1991 to 2003 )
  • Member of the Investment Panel of Lembaga Urusan Tabung Haji (Pilgrimage Fund Board) from 1976 to 1995
  • Patron of the Malaysian Endurance Riding Society (from 2001 to 2004)


Tan Sri Dato’ Azman Hashim’s impressive and extensive contribution to many facets of Malaysian economic landscape has not gone unnoticed. To date he has been awarded numerous honours. His first major award was the Darjah ”Kesatria Mangku Negara” bestowed by His Majesty Yang DiPertuan Agong in 1972; His Royal Highness the Sultan of Selangor honoured him with the ”Darjah Dato’ Paduka Mahkota Selangor” (DPMS) in 1980 which carried the title Dato’; this was followed by the ”Johan Mahkota Negara” (JMN) awarded by His Majesty Yang DiPertuan Agong in 1984. The Asian Finance magazine named him ”Asia’s Banker of the Year” in 1985. This was followed by His Majesty Yang DiPertuan Agong awarding him the ”Darjah Panglima Setia Mahkota” (PSM) in 1988 which bestowed on him the title ”Tan Sri”.
Tan Sri Dato’ Azman Hashim has also earned international recognition. In 1993, the ASEAN Business Forum (formerly known as the ASEAN Institute) presented him with the ”ASEAN Businessman of the Year” award. This was followed in 1995 by the ”Manager of the Year” award from the Harvard Business School Alumni Club of Malaysia. The Kuala Lumpur Malay Chamber of Commerce awarded him with the ”Grand Entrepreneurial Award” in June 1996 and a year later he received the ”Menteri Besar Grand Entrepreneurial Award” from the Selangor Chamber of Commerce in 1997. The latest accolade bestowed on him was the ”Sathya Sai Educare Academy Values for Life Excellence” for his humanitarian contribution in 2004. He received a lifetime achievement award, at 4th Annual Islamic Business and Finance Awards 2009.[4]
As testimony to his inspirational prominence in business and community affairs - Universiti Utara Malaysia honoured him with an Honorary Doctorate in Philosophy in 1985. In recognition of his immense contribution to and success in entrepreneurship, the Universiti Kebangsaan Malaysia awarded him an Honorary Doctorate in Business Administration in 2004.
He is an Honorary Officer of the Order of Australia.
He married on 3 March 1963 and he is blessed with two sons, three daughters and ten grandchildren. Tan Sri Dato’Azman Hashim’s passion also extends to the golf courses and to water sports like riding jet skis, powerboats, scuba diving and he is also known to be the ”Singing Banker”. One of his daughters, Shazrina Azman, is known to be a local artist, nicknamed as Mizz Nina.


Surin Upatkoon

At a Glance
  • Age: 64
  • Country of Citizenship: Thailand
  • Marital Status: Married
  • Children: 3
Forbes Lists
 
Thai national got his big break when he participated in purchase of large stake in Multi-Purpose Holdings, where he is now majority shareholder and managing director. Company plans to separate its real estate, hotel and financial services businesses -- listing them as MPHB Capital -- from its lucrative gaming business, Magnum. Surin Upatkoon also owns 4% of Thai telecom Shin, rebranded as InTouch, after selling 5% stake in January for $360 million. Has lived in Malaysia since 1965, when he arrived in Penang for school and stayed to work and then run his father's textile company.
 

Goh Peng Ooi

 

At a Glance
  • Age: 59
  • Source of Wealth: software
  • Country of Citizenship: Malaysia
  • Marital Status: Married
  • Children: 2
Forbes Lists
  • #23 in 2012

 

 
Goh Peng Ooi's fortune soared 72% as shares of his Silverlake Axis jumped 50% over past year, thanks to its dominant market position and full pipeline of projects. Company provides banking and financial services software to companies around the world.
 
 Kamarudin Meranun
 
At a Glance
  • Age: 52
  • Source of Wealth: airlines
  • Country of Citizenship: Malaysia
  • Marital Status: Married
  • Children: 5
Forbes Lists
  • #19 in 2012

 Kamarudin Meranun runs AirAsia with Tony Fernandes (No. 21) and owns 11%. Also invests in virtually all of group's other ventures, which include longhaul discount carrier AirAsia X; hotel, mobile phone, education, insurance and automaking businesses; and a Formula 1 racing team and a soccer club. AirAsia plans to start a budget airline in India with the Tata Group. AirAsia X plans to sell a one-third stake in IPO this year.
 
 
 
 

 









 



 






 

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