This story is part of Forbes’ coverage of Malaysia’s Richest 2026. See the full list here.

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.

The wealth of the country’s richest person, business legend Robert Kuok, 102, whose Kuok Group’s interests cover a swathe of industries from agribusiness to hospitality and data centers, rose 19% to $13.6 billion.

At No. 2 for the first time are Koon Poh Keong and his siblings, the biggest gainers in dollar terms this year, whose net worth soared 80% to $9.7 billion. Shares of their Press Metal Aluminium Holdings, Southeast Asia’s largest integrated aluminum smelter by revenue, were up 73% from a year ago as the price of the metal surged.

Brothers Lee Yeow Chor and Lee Yeow Seng moved up three places to the third spot with a net worth of $8.5 billion. While........

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