Wong Teek Son (pic), who co-founded Riverstone Holdings Ltd in the 1980s after working as a research chemist, last month became the fifth billionaire in the country from manufacturing gloves. He’s now worth US$1.2bil as shares of his company rallied almost six-fold from a low in March, thanks to growing demand for protective products during the coronavirus pandemic.
SINGAPORE: Malaysia has long been a place where vast fortunes have been amassed over time.
The Kuoks, Tehs and Queks are custodians of palm oil, property and banking empires that stretch back decades.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
