Poorer rich Malaysians — no thanks to global crisis


KUALA LUMPUR: The combined wealth of Malaysia’s 40 richest individuals declined this year as the global credit crisis and weak equity markets took a toll on them.

Malaysia’s 40 richest were collectively worth RM193.2bil as at Jan 20, 2012, a decrease of 7% compared to RM206.37bil a year ago, said Malaysian Business in its Feb 16 issue.

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