2. Quek Leng Chan – $7.2 billion
Quek Leng Chan is a Malaysian tycoon who co-founded Hong Leong Group Malaysia. He is one of the richest men in Malaysia. In 2018, Quek Leng Chan ranked #217 on the Forbes World’s Billionaires list, with wealth listed at US$7.2 billion.
He has extensive business experience in various sectors, including financial services, manufacturing and real estate. He is the chairman and chief executive officer of Hong Leong Company (Malaysia) Berhad (“HLCM”), executive chairman of Hong Leong Industries Berhad (“HLI”), Hume Industries (Malaysia) Berhad (“HIMB”), Hong Leong Financial Group Berhad, GuocoLand (Malaysia) Berhad, Camerlin Group Berhad and chairman of Hong Leong Bank Berhad, HLG Capital Berhad (“HLG”), Hong Leong Assurance Berhad, Hong Leong Islamic Bank Berhad and Hong Leong Foundation (“HLF”).
Quek oversees the Malaysian operations of the Hong Leong Group while his cousin and fellow billionaire Kwek Leng Beng oversees the Singapore operations.