Malaysian tycoon Tan Sri Robert Kuok continues to maintain his lead position as Malaysia’s richest man in the latest Forbes Asia’s rich list.

According to Forbes Asia, Kuok, 84, who has many businesses, including Hong Kong property and media interests, and most notably palm oil giant Wilmar, increased his net worth from US$2.4 billion last year to hit US$10 billion.

The latest ranking list also saw Berjaya Corp’s Tan Sri Vincent Tan joining the billionaires’ club, Forbes Asia said in a news release here.

There are 10 billionaires in the list this year, one more than last year.

Tan, who rose from 14th to ninth position, has a net worth of US$1.3 billion, up nearly US$1 billion from last year.

Forbes Asia said Tans company, Berjaya Corporation, had bucked the trend with its stock price up nearly three-fold over the past 12 months.
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Malaysian Business magazines in its February 2008 issue has published their survey of 40 Richest Malaysians. The ranking is as follows;

1. Robert Kuok Hock Nien, 84, RM 58.110 billion, Kerry/Kuok Group
2. T. Ananda Krishnan, 69, RM 19.625 billion, Usaha Tegas
3. Tan Sri Lee Shin Cheng, 69, RM 14.943 billion, IOI Group
4. Tan Sri Quek Leng Chan, 65, RM 11.098 billion, Hong Leong Group
5. Tan Sri Syed Mokhtar Albukhary, 57, RM 8.550 billion, Albukhary Foundation
6. Tan Sri Teh Hong Piow, 78, RM 8.06 billion, Public Bank
7. Tan Sri Tiong Hiew King, 71, RM 3.87 billion, Rimbunan Hijau
8. Tan Sri Vincent Tan, 56, RM 3.40 billion, Berjaya Group
9. Tan Sri Lim Kok Thay. 56, RM 3.16 billion, Genting Group
10. Tan Sri Azman Hashim, 68, RM 2.87 billion, Arab-Malaysian Corp

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