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THE STAR

Published: Thursday February 16, 2012 MYT 2:43:00 PM

Updated: Thursday February 16, 2012 MYT 3:57:39 PM

Robert Kuok is still Msias richest man,

followed by Ananda

KUALA LUMPUR: Hong Kong-based Robert Kuok has maintained his position as

Malaysia's richest man with a wealth of RM45.7bil, despite an 8% drop in his fortune.

The next richest persons are T .Ananda Krishnan andPublic Bank'sTan Sri Teh Hong

Piow.

IOI Corporation Bhd'sTan Sri Lee Shin Cheng maintained fourth spot while the richestBumiputera entrepreneur in the country is Tan Sri Syed Mokhtar Albukharywho came in

fifth, according to Malaysian Business in a report on the 40 richest Malaysians.

Flamboyant AirAsia chief executive officer, Tan Sri Tony Fernandes was ranked as the

15th richest Malaysian with a weath of RM1.77bil.

Malaysian Business said the wealth of the top 40 richest Malaysians was based on the

value of their stake in listed companies as at Jan 20, 2012.

Ananda narrowed the gap with Kuok with a wealth of RM42.99bil, but it was down by

about 6 per cent this year, from 2011.

Teh had a fortune that has remained relatively intact at RM12.64 bil, a one per centdecline from before.

Despite a 10.8 percent fall in his worth to RM11.36 bil, IOI Corp's Lee Shin Cheng

maintained his fourth position while Syed Mokhtar of the Albukhary Foundation whose

flagship is the DRB-Hicom Groupsaw his wealth grow by 8 percent to RM9.53bil.

The publication said that the combined wealth of Malaysia's 40 richest individualsdeclined 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, a decline of 7.0

percent compared with RM206.37bil a year ago, said Malaysian Business in its Feb 16thissue.

On the bright side, there were 30 billionaires this year - three more than in 2011.

http://archives.thestar.com.my/search/?q=Public%20Bankhttp://archives.thestar.com.my/search/?q=Public%20Bankhttp://archives.thestar.com.my/search/?q=Public%20Bankhttp://archives.thestar.com.my/search/?q=Tan%20Sri%20Teh%20Hong%20Piowhttp://archives.thestar.com.my/search/?q=Tan%20Sri%20Teh%20Hong%20Piowhttp://archives.thestar.com.my/search/?q=Tan%20Sri%20Teh%20Hong%20Piowhttp://archives.thestar.com.my/search/?q=IOI%20Corporation%20Bhdhttp://archives.thestar.com.my/search/?q=IOI%20Corporation%20Bhdhttp://archives.thestar.com.my/search/?q=Tan%20Sri%20Lee%20Shin%20Chenghttp://archives.thestar.com.my/search/?q=Tan%20Sri%20Lee%20Shin%20Chenghttp://archives.thestar.com.my/search/?q=Tan%20Sri%20Syed%20Mokhtar%20Albukharyhttp://archives.thestar.com.my/search/?q=Tan%20Sri%20Syed%20Mokhtar%20Albukharyhttp://archives.thestar.com.my/search/?q=AirAsiahttp://archives.thestar.com.my/search/?q=Tan%20Sri%20Tony%20Fernandeshttp://archives.thestar.com.my/search/?q=IOI%20Corphttp://archives.thestar.com.my/search/?q=DRB-Hicom%20Grouphttp://archives.thestar.com.my/search/?q=DRB-Hicom%20Grouphttp://archives.thestar.com.my/search/?q=Public%20Bankhttp://archives.thestar.com.my/search/?q=Tan%20Sri%20Teh%20Hong%20Piowhttp://archives.thestar.com.my/search/?q=Tan%20Sri%20Teh%20Hong%20Piowhttp://archives.thestar.com.my/search/?q=IOI%20Corporation%20Bhdhttp://archives.thestar.com.my/search/?q=Tan%20Sri%20Lee%20Shin%20Chenghttp://archives.thestar.com.my/search/?q=Tan%20Sri%20Syed%20Mokhtar%20Albukharyhttp://archives.thestar.com.my/search/?q=AirAsiahttp://archives.thestar.com.my/search/?q=Tan%20Sri%20Tony%20Fernandeshttp://archives.thestar.com.my/search/?q=IOI%20Corphttp://archives.thestar.com.my/search/?q=DRB-Hicom%20Group

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Hong Leong Malaysia's Tan Sri Quek Leng Chan, unchanged at number six, is valued 25

percent less at RM8bil.

Genting Group's Tan Sri Lim Kok Thayslipped two rungs to the seventh perch atRM7.58bil. His wealth is down by about 30 percent.

His motherPuan Sri Lee Kim Hua, returns to the number eight spot with a fortune

estimated at RM6.58bil, down by some 11 percent.

Tan Sri Tiong Hiew King of the Rimbunan Hijau Groupand Singapore-domiciled

tycoon, Ong Beng Seng, maintained their ninth and tenth spots respectively.

Tiong's wealth is estimated at RM6.41bil while Ong's soared by 23 percent to RM4.92bil.

There were three newcomers to the list, including Datuk AK NathanofEversendai

Corporation Bhd and Ngau Boon Keat ofDialog Group Bhd, who made it for the first

time while Datuk Abdul Hamed SepawiofTa Ann Holdings Bhd returned after a lapse offour years.

The full list of the 40 tycoons and details of their wealth appears in the magazine. It also

presents a list of the 10 richest tycoons on the ACE Market.

Below is the complete list Top 20 Richest Malaysians 2012 (Wealth in RM as at Jan 20,

2012):

Robert Kuok Hock Nien 45,700.00 Kerry Group/KuokGroup

T Ananda Krishnan 42,998.00 Usaha Tegas

Tan Sri Teh Hong Piow 12,642.01 Public Bank

Tan Sri Lee Shin Cheng 11,356.55 IOI Group

Tan Sri Syed Mokhtar Albukhary9,530.00Albukhary Foundation

Tan Sri Quek Leng Chan 8,002.92 Hong Leong Malaysia

Tan Sri Lim Kok Thay 7,585.07 Genting Group

Puan Sri Lee Kim Hua 6,588.33 Genting Group

Tan Sri Tiong Hiew King 6,411.46 Rimbunan Hijau

Ong Beng Seng 4,919.56 Hotel Properties Ltd

Tan Sri Azman Hashim 3,470.00 Arab-Malaysian Corp

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Tan Sri Vincent Tan Chee Yioun2,541.74 Berjaya Group

Datuk Mokhzani Mahathir1,937.27 Kencana Petroleum

Datuk Lee Yeow Chor1,787.85 IOI Group

Tan Sri Tony Fernandes 1,772.42 AirAsia

Lee Yeow Seng 1,746.00 IOI Group

Tan Sri Lau Cho Kun 1,721.64 Hap Seng Consolidated

Tan Sri Yeoh Tiong Lay1,711.84 YTL Group

Tan Sri Lee Oi Hian 1,589.97 Batu Kawan

Datuk Lee Hau Hian 1,586.18 Batu Kawan - Bernama

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