Rich are getting richer in Malaysia

Based on the latest Forbes Asia in its Malaysia Rich List 2010, the rich are getting richer as the country’s top 40 richest net worth increased from US$36bil (RM126bil) to US$51bil (RM178.5bil).

According to Forbes Asia, the combined wealth of the country’s richest has increased by 42 percent and this is largely due to Malaysia’s economic expansion in the past year.

Sugar trader Robert Kuok once again tops the list with his estimated worth of US$12 billion (RM42 billion). He has been listed as Malaysia’s richest since 2006. Meanwhile, other tycoons have also reported gains in their net worth.

Telecommunications tycoon Ananda Krishnan closes in on second place with net worth of US$8.1 billion (RM28.35 billion) followed by IOI Group Lee Shin Cheng with net worth of US$4.6bil (RM16.1bil).

Below is a list of country’s top 10 richest:

1) Tan Sri Robert Kuok; US$12bil (RM42bil)

2) T. Ananda Krishnan; US$$8.1bil (RM28.35bil)

3) Tan Sri Lee Shin Cheng; US$4.6bil (RM16.1bil)

4) Puan Sri Lee Kim Hua; US$3.9bil (RM13.65bil)

5) Tan Sri Quek Leng Chan; US$3.85bil (RM13,47bil)

6) Tan Sri Teh Hong Piow; US$3.8bil (RM13.3bil)

7) Tan Sri Yeoh Tiong Lay; US$2.5bil (RM8.75bil)

8) Tan Sri Syed Mokhtar AlBukhary; US$1.7bil (RM5.95bil)

9) Tan Sri Vincent Tan; US$1.6bil (RM5.6bil)

10) Tan Sri Tiong Hiew King; US$1.2bil (RM4.2bil)




comments


THE RICH ARE GETTING RICHER BECAUSE THEY R0BBED MOST SUBSIDIES FROM THE POOR BY THE HELP OF BN'S GOVERNMENT. NOW THAT THEIR CRONIES ARE GETTING RICHER, THE GOVERNMENT TRY TO LIFT SUDSIDIES TO THE RAKYAT. ACTUALLY THE RAKYAT ONLY GAINED A FEW COMPARED TO THAT OF THE RICH. IF THE SUBSIDIES ARE LIFTED, THE POOR WILL SURELY GET POORER AND THE RICH WILL SURELY GET MORE RICHER. IDRIS JALAL SAID MALAYSIA WILL SOON BECOMING LIKE GREECE IF THE GOVERNMENT KEEP ON GIVING SUBSIDIES TO THE RAKYAT.....

THIS MEAN THAT THEY (THE GOVERNMENT) PUSHING THE RAKYAT TO THE DEAD END. MALAYSIA IS ACTUALLY ONE OF THE RICHEST COUNTRY IN THE WORLD BUT ALL THESE WEALTH WERE STOLEN BY BN POLITICIANS AND THEIR CRONIES. THEY SPEND THE MONEY LIKE DRINKING WATER AND BEER....THEY ARE THE ONE MAKING THIS COUNTRY BANKRUPT.