Collective net worth of richest Malaysians jump 14% in 2021


KUALA LUMPUR: Malaysia's richest tycoons defied pandemic headwinds to record an increase in their collective wealth in 2021, contributed in part by the financial windfall experienced by Malaysian rubber glove manufacturers.

According to the latest edition of the Forbes Malaysia Rich List, the country's wealthiest individuals experienced a 14% growth in their total net worth to nearly US$90bil this year following two years of decline.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Is construction in the rain safe?
Easing access to home financing
Does colour matter?
When bad air becomes bad economics
The easy wins are over
Bond managers play it safe
Banks in the money
Matcha made in the moment
Elevated yields to stay
Greenback bounces back

Others Also Read