PETALING JAYA: Tycoons on the 2023 Forbes list of Malaysia’s 50 Richest saw their combined wealth increasing to US$81.6bil (RM376.3bil) from US$80.5bil (RM371.2bil) a year ago.
The marginal increase of 1.4% in their collective fortunes came despite a dip in the stock market and the decline in the value of the ringgit.
Overall, 19 fortunes were up and nearly half were down, according to a statement from Forbes Asia.
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