Robert Kuok retains top spot in Forbes Malaysia rich list

KUALA LUMPUR (Bernama): Malaysia's slowing economy, now getting hit by Covid-19 outbreak, has taken a toll on its tycoons, according to Forbes Asia in releasing it’s 2020 Forbes Malaysia Rich List on Thursday (March 5).

Forbes Asia said the wealth of the country’s 50 richest fell for a second straight year, due to a weaker ringgit and a nearly 10% decline in the country’s benchmark stock index.

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