Income alone shouldn’t define 'ultra rich', says Dr Wee

PETALING JAYA: It is unfair to categorise individuals under the top 15% income group (T15) as “ultra rich” based solely on their household income, says Datuk Seri Dr Wee Ka Siong.

The MCA president said the T15 group, labelled as ultra-wealthy by the government, appears to consist of prominent business and corporate figures, many of whom carry titles such as Datuk and Datuk Seri.