12 MALAYSIANS LED BY ROBERT KUOK ON FORBES SUPER RICH LIST FOR 2017

KUALA LUMPUR: Twelve Malaysians made it to Forbes’ latest annual ranking of the world’s billionaires.

The richest in Malaysia is Robert Kuok, ranked 115 on the list with net worth of US$11.4bil. He is also the oldest among Malaysian billionaires, at age 93.

The rest on the list are Tan Sri Quek Leng Chan (ranked 202, net worth: US$6.8bil), T. Ananda Krishnan (219, US$6.5bil), Tan Sri Lee Shin Cheng (348, US$4.7bil), Tan Sri Teh Hong Piow (348, US$4.7bil), Tan Sri Lau Cho Kun (973, US$2.1bil), Tan Sri Yeoh Tiong Lay (973, US$2.1bil), Tan Sri Tiong Hew King (1,030, US$2bil), Tan Sri Syed Mokhtar Albukhary (1,161, US$1.8bil), Tan Sri Dr Chen Lip Keong (1,290, US$1.6bil), Kuan Kam Hong (1,940, US$1bil) and Tan Sri Desmond Lim Siew Choon (1,940, US$1bil).

In a media statement, Forbes said a record 2,043 billionaires made it to the 31st annual ranking of the world’s billionaires (2016: 1,810 billionaires), as featured in the March 28, 2017 issue of Forbes magazine.

The total combined net worth of this year’s billionaires was US$7.67 trillion (as of Feb 17), up 18.4% from US$6.48 trillion last year.

Forbes said regionally, Asia-Pacific boasts the most number of billionaires at 720. This is followed by the United States with 565 and Europe with 530.

For the fourth year in a row, Bill Gates remains at the top spot on the Forbes list, with a fortune of US$86bil (up from US$75bil in 2016),

The others in the Top 10 are Warren Buffett (net worth of US$86bil), Jeff Bezos (US$72.8bil), Amancio Ortega (US$71.3bil), Mark Zuckerberg (US$56bil), Carlos Slim Helu (US$54.5bil), Larry Ellison (US$52.2bil), Charles Koch (US$48.3bil), David Koch (US$48.3bil) and Michael Bloomberg (US$47.5bil).

US president Donald Trump, incidentally, ranks 544th with net worth of US$3.5bil.

The richest Asians are Wang Jianlin from China (18th on the list with US$31.3bil) and Li Ka-shing of Hong Kong (19th spot, US$31.2bil).

For the full list, visit www.forbes.com/billionaires

– ANN

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