The world’s current enemy – Coronavirus has generally affected every nook and cranny of the economy worldwide and Malaysia’s slowing economy cannot be exempted.
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The global pandemic seems to have affected the businesspersons more than the middle class in society. However, in Malaysia, irrespective of the havoc coronavirus has wrecked, Robert Kuok remains the richest man.
97-year-old Robert Kuok is a Malaysian business magnate and investor of Chinese descent.
Robert Kuok remains on top of the list of the richest men in Kuala Lumpur, Malaysia with a net worth of $11.5 billion, a position he has held for over two decades despite reports that his wealth shrank by more than $1 billion in 2019.
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Below are some facts about the richest man in Malaysia, Robert Kuok.
• Robert Kuok is also known as “Sugar King” because he once controlled 10% of the world’s sugar.
• He owns Kuok Group and his business ventures range from sugarcane plantations, sugar refineries, flour milling, animal feed, oil, mining, finance, hotel (Shangri-La Hotels and Resorts), property, trading, freight and publishing.
• The 96-year-old self-made billionaire has a Bachelor of Arts/Science from Raffles College and started his journey in business as an office boy.
• He is also ranked #104 in Forbes’ World Billionaires 2019.
Check out the Top 5 richest men in Malaysia
https://www.youtube.com/watch?v=A44D3ewNt1k
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