Why are the top three among Malaysia’s top ten richest people for the first time in 2016 all Chinese?

Introduction:

Recently, Robert Kuok, the founder of Shangri-La Hotel, once again became the richest man in Malaysia in 2016. Indian businessman Ananda Krishnan, who has been ranked second for many years, was surpassed by Genting Group Chairman Lim Kok Thay and Public Bank founder Cheng Hongbiao, and ranked fourth. In Malaysia's 2016 list of the top ten richest people, for the first time, the top three are all Chinese.

Robert Kuok, known as the "Chinese Sugar King", saw his wealth increase by another 3.7% in 2016, and once again topped the list of Nanyang richest people with 36.735 billion ringgit. Lim Kok Thay, chairman of Genting Group, with 22.2 billion ringgit Taking the runner-up position for the first time, Public Bank founder Cheng Hong Piow moved up one place from fourth place to third place with RM20.3 billion.

According to statistics, the total wealth of the top three richest people is as high as 79.2 billion ringgit, accounting for 33.6% of the total wealth of the top ten richest people. The top ten richest people in Malaysia, ranked fourth to tenth, are Maxis founder Ananda Krishnan, IOI Group chairman Li Shenjing, Hap Seng Uni-President Liu Chuqun, Hong Leong Financial Group chairman Guo Lingcan, and YTL Corporation founder Yang Zhonglai, West Ocean Holdings Chairman Ganalingam, and DRB-Hicom Chairman Syed Mokhtar.