OFFICIAL: List Of 10 Richest Billionaires In Malaysia In 2020


4. Chen Lip Keong – $5.3 billion

Chen Lip Keong is an ethnic Chinese Malaysian businessman who is currently the 6th most richest person in the whole country of Malaysia.

Chen’s career started as a medical doctor of general practice.

In 1994, Chen was the first to win the casino license from Cambodia. 

Chen is the CEO of NagaCorp, parent company of NagaWorld casino resort complex in Phnom Penh. Chen also built Naga2, a twin tower.They are connected by NagaCity Walk, an underground shopping mall

3. Ananda Krishnan – $7.1 billion

Ananda Krishnan is a Sri Lankan Malaysian businessman, the Chairman of Usaha Tegas Sdn Bhd and founder of Yu Cai Foundation (YCF). Nicknamed A.K. he is estimated to have a net worth of US$7.1 billion according to Forbes‘ latest annual list of wealthiest people, making him the third-wealthiest in Malaysia and number 217 in the world.

Ananda Krishnan shuns public exposure and is known to maintain a low profile for a person of his stature.


The Central Bureau of Investigation of India sought arrest warrants for Ananda Krishnan for money laundering and was involved with financing the controversial 1MDB.

Krishnan’s first entrepreneurial venture was a Malaysian consultancy MAI Holdings Sdn Bhd. He set up Exoil Trading, which went on to purchase oil drilling concessions in various countries. Later, he moved into gambling (in Malaysia). In the early part of the 1990s, he started diversifying into the multimedia arena.

Currently, he has business interests in media (Astro, Johnston Press Plc), satellite (MEASAT, SES), oil and gas (Bumi Armada, Pexco), telecommunications (Maxis, Aircel, Axis, Sri Lanka Telecom). He owns stakes in Tanjong Public Limited Company, an investment holding company with subsidiaries involved in power generation (Powertek), gaming (Pan Malaysian Pools), leisure (tropical islands, TGV Cinemas) and property (67% Maxis Tower etc.).

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