Malaysia’s 50 richest see wealth rising

Metals magnate: Koon and his siblings remain in third place, with a combined wealth of US$5.8bil (RM26.7bil).

PETALING JAYA: Tycoons on the 2023 Forbes list of Malaysia’s 50 Richest saw their combined wealth increasing to US$81.6bil (RM376.3bil) from US$80.5bil (RM371.2bil) a year ago.

The marginal increase of 1.4% in their collective fortunes came despite a dip in the stock market and the decline in the value of the ringgit.