2023-06-02 01:34
Robert Kuok still Malaysia's richest man on 2023 Forbes list as nearly half see their fortunes shrink
KUALA LUMPUR, June 1 — Nearly half of Malaysia's 50 richest people had decreased even though collectively, the country's wealthiest increased from US$80.5 billion (RM371.4 billion) last year to US$81.6 billion (RM381 billion) this year, according to the latest list from Forbes Asia released today. The Asian edition of international business magazine Forbes said in a statement that 'Overall, 19 fortunes were up and nearly half were down'. It added that the Malaysian economy is expected to grow at a more moderate pace following a rise of 8.

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