PETALING JAYA: Tan Sri Syed Mokhtar Al-Bukhary has become the latest Malaysian to join the ranks of world's richest, according to the Forbes 2007 list of US dollar billionaires.
The inclusion of the 55-year-old, who made his fortune in the rice and sugar trade, increased the number of Malaysians in the list to nine from eight last year.
He was ranked as the eighth richest Malaysian and 754th in the world.
Tan Sri Robert Kuok, 83, retained his position as the country's wealthiest man with an estimated net worth of US$7bil (RM24.5bil) and even managed to move up 10 places to 104th on the list from 114 last year.
Kuok's sprawling business empire includes the South China Morning Post newspaper, the Shangri-La Hotel chain and real estate company Kerry Properties.
Malaysia's second richest man Tan Sri Ananda Krishnan moved up 28 places from his position last year to take 119th spot on the Forbes list.
Ananda, 68, who controls, among others, Maxis Communications Bhd and Astro, is estimated to have a net worth of US$6bil (RM21bil).
The other Malaysians in the list are Genting Bhd's Tan Sri Lim Goh Tong (ranked at 204), Public Bank Bhd's Tan Sri Teh Hong Piow (287), Hong Leong Group's Tan Sri Quek Leng Chan (314), plantation giant IOI group of companies' Tan Sri Lee Shin Cheng (349), YTL group's Tan Sri Yeoh Tiong Lay and family (583) and Sibu-based timber tycoon Tan Sri Tiong Hiew King (840).
For the first time in 20 years, India with 36 billionaires overtook Japan, which had 24, with Lakshmi Mittal holding on to the title as the richest man in Asia.
Asia produced more new billionaires than any other region in the world except Europe.
Bill Gates remained the richest man on earth for the 13th consecutive year, with a net worth of $56bil (RM196bil).
Source: The Star
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