Malaysia is home to some ultra wealthy billionaires, with Quek Leng Chan having the highest net worth of around $7.6 billion (as of 2026). These billionaires have made their fortunes through a variety of industries, such as banking, property, telecoms, media, oil-services, manufacturing, aluminum, palm oil, and real estate.
How many billionaires are in Malaysia?
Malaysia is home to 12 billionaires. Kuala Lumpur has the most with 7, followed by Petaling Jaya with 1, Selangor with 2, and Tawau, Sabah with 1.
Top 5 Billionaires in Malaysia 2026
Who has the highest net worth in Malaysia?
1. Quek Leng Chan
Quek Leng Chan was born in 1941 and is a male non-self-made billionaire. As of 2026, Quek Leng Chan is worth around $7.6 billion, ranking him 486th wealthiest person in the world. His source of wealth is banking and property, and his business interests are diversified.
2. Ananda Krishnan
Ananda Krishnan, a self-made billionaire born in 1938, died on 28 November 2024 at the age of 86. At the time of his death, his net worth was estimated at around $5.1 billion. His business interests spanned the telecoms, media, and oil-services industries, with his wealth primarily sourced from telecoms.
3. Koon Poh Keong
Koon Poh Keong, born in 1961, is a self-made male billionaire. As of 2026, he is worth around $6.8 billion, ranked 645th worldwide. His wealth is sourced from manufacturing and aluminum, and he has business interests in the manufacturing industry.
4. Lee Yeow Chor
Lee Yeow Chor, born in 1967, is a male non-self-made billionaire. As of 2026, he is worth around $4.6 billion, ranking 934th in the world. His wealth comes from the palm oil and property industries, with his main source of wealth being real estate.
5. Lim Kok Thay
Lim Kok Thay, born in 1951, is a male billionaire. He is not a self-made billionaire. As of 2026, his net worth is estimated at around $1.65 billion. His source of wealth is casinos, and his business interests span gambling and casinos and other industries.
Sources:
Forbes World’s Billionaires 2026
Bloomberg Billionaires Index
Free Malaysia Today: Forbes 2026 Malaysia rich list
GGRAsia: Lim Kok Thay in Forbes 2026 Malaysia’s 50 Richest
Last updated: June 19, 2026
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