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Southeast Asia's 40 Richest People!

December 3, 2005 200512 10:23 pm | In Money Tips | 2 Comments

Just happened to read Forbes' Southeast Asia's richest list – Link

Among the 5 countries (Malaysia, Singapore, Thailand, Philippines, Indonesia) that are listed, here are some interesting things:

1. Banks seem to be very profitable, especially in Singapore.
2. Selling kretek in Indonesia's highly profitable with 3 guys making it to the top 40 list.
3. Robert Kuok and Syed Mokhtar started off trading rice.
4. Construction/real-estate seem to be a sure-fire way of making it to the Top 40 in all the countries.
5. Red Bull is actually half-owned by a Thai guy!
6. 10 out of the Top 40 richest are Malaysians.
7. 9 are Thais.
8. Singapore, Indonesia and Philippines each had 7 ppl who made it to the list.

If we pool all the assets of the richest ppl in their respective countries, here are the new country rankings:

1. Malaysia – US$16.9B (35.8%)
2. Singapore – US$10.56B (22.4%)
3. Indonesia – US$7.905B (16.7%)
4. Thailand – US$6.705B (14.2%)
5. Philippines – US$5.14B (10.9%)

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    2 Comments

    1. cannot believe 1, there are also a lot of billionaires who cannot be revealed. Try checking who owns bintang palace or the underworld in malaysia :P

      also naza

      Comment by Boss Lepton — April 17, 2007 #

    2. yeah, don't forget there's a difference between b eing cash rich and asset rich

      Comment by boringest — April 17, 2007 #

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