Malaysia's Richest Tycoons' Wealth Rises to $90 Billion in 2025

Malaysia's 50 richest individuals saw their collective wealth rise to $90 billion in 2025, buoyed by a stronger currency despite sluggish stock market performance. Robert Kuok, at age 101, retained his top position with $11.4 billion, followed by Quek Leng Chan of Hong Leong Group at $9.8 billion and the Teh siblings of Public Bank with $5.9 billion. Notable newcomers include the Krishnan family, entering at No. 5 with a $5.3 billion telecom and energy fortune, Lee Thiam Wah of 99 Speed Mart at No. 8 with $3.5 billion after a major IPO, and former police officer Tan Boon Hock, debuting at No. 40 with $490 million from ventures in healthcare and AI traffic management. Koon Poh Keong and siblings advanced to fourth place with $5.4 billion, while Jeffrey Cheah of Sunway increased his wealth to $3 billion amid plans to list a healthcare unit. Thirty out of the 50 tycoons increased their fortunes year-on-year. The threshold to join the list also rose, reflecting overall financial resilience among Malaysia’s elite.