Stay updated with breaking news from Kam Hon. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Tycoons on the 2021 Forbes Malaysia Rich List saw a rebound in their collective wealth as it rose 14% to nearly US$90 billion this year, after declining for two years.
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.
Press Metal Aluminium Holdings owners — Koon Poh Keong and his siblings — underwent the biggest surge in wealth thanks to the recovery of metal's prices.