Syed Mokhtar Albukhary, Robert Kuok, Ananda Krishnan Forbes Richest 2024
Cover Malaysian billionaires Syed Mokhtar Albukhary, Robert Kuok, Ananda Krishnan are among Forbes' Richest 2024

Forbes has released its annual list of the world’s wealthiest individuals, which includes 17 Malaysians

Forbes has released its latest list of the world’s billionaires, worth a collective ​​US$14.2 trillion (approximately RM67.4 trillion)—up by US$2 trillion in 2023. Head of LVMH Bernard Arnault and his family are at number one, with a net worth of US$233 billion. Founder of Tesla and SpaceX Elon Musk is No. 2 on the list, with a net worth of US$195 billion, while Amazon founder Jeff Bezos, who has a net worth of US$195 billion, comes in at No. 3.

Read more: Forbes Richest 2023: 18 Malaysians are on this year’s Billionaire List

Pop culture icons Jay-Z, Kim Kardashian, and Taylor Swift are also on this year’s Forbes richest list, with net worths of US$2.5 billion, US$1.7 billion, and US$1.1 billion respectively. Swift, who’s currently on her record-breaking, five-continent Eras Tour run, is the most famous newcomer on the list.

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SINGAPORE, SINGAPORE - MARCH 02: EDITORIAL USE ONLY. NO BOOK COVERS Taylor Swift performs during "Taylor Swift | The Eras Tour" at the National Stadium on March 02, 2024 in Singapore. (Photo by Ashok Kumar/TAS24/Getty Images for TAS Rights Management)
Above Taylor Swift gifting her 22 hat to a lucky fan during "The Eras Tour" at the National Stadium in Singapore (Photo: Getty Images)

Notably, there are 141 more billionaires in the world than last year—2,781 in total. Out of those, 17 Malaysians have joined the ranks this year.

A mainstay on the Forbes list for the past couple of years, Tan Sri Robert Kuok is once again the richest man in Malaysia, with a net worth of US$11.4 billion. Kuok, who celebrated his 100th birthday on October 6, 2023, founded and controls the Kuok Group, which has operations across the region, in sectors including hospitality, agriculture, real estate, and freight and logistics.

See also: Fun facts about these 5 Malaysian billionaires on Forbes Richest 2022

Hong Leong Group executive chairman Tan Sri Quek Leng Chan comes next, with a net worth of US$8.8 billion, followed by Malaysian telecom and oil tycoon Tan Sri Ananda Krishnan, with a net worth of US$4.9 billion and Press Metal group CEO Tan Sri Koon Poh Keong, with a net worth of US$3.7 billion.

Here are Malaysia’s wealthiest billionaires, according to Forbes:

  1. Tan Sri Robert Kuok: US$11.4 billion
  2. Tan Sri Quek Leng Chan: US$8.8 billion
  3. Tan Sri Ananda Krishnan: US$4.9 billion
  4. Tan Sri Koon Poh Keong: US$3.7 billion
  5. Dato’ Lee Yeow Chor: US$3.1 billion
  6. Lee Yeow Seng: US$2.3 billion
  7. Tan Sri Lim Kok Thay: US$2.3 billion
  8. Wong Kie Chie: US$2.2 billion
  9. Tan Sri Dr Jeffrey Cheah: US$2 billion
  10. Tan Sri Lau Cho Kun: US$1.5 billion
  11. Diona Teh Li Shian: US$1.4 billion
  12. Lillian Teh Li Ming: US$1.4 billion
  13. Lillyn Teh Li Hua: US$1.4 billion
  14. Lim Chai Hock: US$ 1.4 billion
  15. William Teh Lee Pang: US$ 1.4 billion
  16. Tan Sri Syed Mokhtar Albukhary: US$1.3 billion
  17. Datuk Seri Cheah Cheng Hye: US$1 billion