Forbes outlines the top 10 Richest Tycoons in MALAYSIA 2017 and their Net Worth

  1. Yeoh Tiong Lay

Net worth as at 25/09/17: $ 2.1 Billion

Yeoh Tiong Lay’s diversified YTL Corp. owns businesses in sectors such as utilities, cement manufacturing, hotels and property development, boasting a 2,000-acre land bank in Malaysia. It owns PowerSeraya, Singapore’s second-largest power plant, and co-owns the Eastern & Oriental Express, the luxury train that runs from Singapore to Thailand. The group, which was started in 1955, also owns the Ritz-Carlton in Kuala Lumpur. In 2013 he donated $11 million to King’s College London to set up the Yeoh Tiong Lay Centre for Politics, Philosophy & Law. All of his children are involved in the business. His eldest son, Francis, is at the helm.

see also the richest politician in Singapore 2017

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