An economy that expanded 5.2% in 2025, an appreciating ringgit and a buoyant IPO market that had a total of 60 new listings last year created momentum that bolstered the collective wealth of Malaysia’s tycoons nearly 30% to $116 billion.
Phisanu Phromchanya
After two decades of corporate experience, Loi Tuan Ee returned to his agricultural roots, Now he and his siblings are worth over $600 million and are expanding across Southeast Asia.
Jonathan Burgos
Lee Yeow Chor and Lee Yeow Seng added $3.3 billion to their net worth and rose three spots to No. 3 among the country’s richest.
Gloria Haraito
Robust aluminum prices, driven by demand from hot sectors such as EVs and AI data centers, gave a 73% boost to shares of Press Metal Aluminium Holdings.
Anis Shakirah Mohd Muslimin
The May 2025 listing of discount store chain Eco-Shop Marketing catapulted cofounder Lee Kar Whatt into the ranks of the country’s richest, where he debuts at No. 18 with a net worth of $1.5 billion.
Yessar Rosendar
An 84% jump in shares of ViTrox returned cofounder and CEO Chu Jenn Weng to the list after a year’s absence.