News about Forbes

PETALING JAYA (June 2): Some eight property-related tycoons, including retail and renewable energy, have topped the Forbes Korea 50 Rich List 2021 with a collective net worth of US14.

KUALA LUMPUR (April 7): The Tan brothers of MR DIY Group (M) Bhd — Tan Yu Yeh and Tan Yu Wei — together with Westports Holdings Bhd’s Tan Sri G Gnanalingam are new entrants into Forbes' billionaires list this year.

KUALA LUMPUR (Jan 7): The family of Singapore's richest man is buying a freehold good class bungalow (GCB) (pictured)  in Gallop Road at the highest price per square foot for the area, reported The Straits Times (ST).

KUALA LUMPUR (April 8): Malaysians occupied 12 spots on Forbes’ 2020 Billionares List, compared to 13 in 2019.

KUALA LUMPUR (March 5): Forbes Asia said the wealth of Malaysia’s 50 richest on the 2020 Forbes Malaysia Rich List fell for the second consecutive year amid a weaker ringgit and the decline in the FBM KLCI.

KUALA LUMPUR (Aug 28): Malaysia's Batu Kawan Bhd, Hap Seng Consolidated Bhd, IHH Healthcare Bhd, Kuala Lumpur Kepong Bhd, Press Metal Aluminium Holdings Bhd and Public Bank Bhd were among the Forbes Asia's inaugural Best Over A Billion list.

KUALA LUMPUR (Oct 22): Datuk Tan Chin Nam, patriarch of the Tan family who founded two of Malaysia’s biggest private property developers — Tan & Tan Developments Bhd and IGB Group — passed away yesterday at the age of 92.

PETALING JAYA (July 20): China property developer Country Garden – the developer of Forest City and Country Garden Danga Bay in Johor – jumped to 353rd place this year from 467th place last year in the Fortune Global 500 rankings, underpinned by its 46% growth in gross revenue to RMB226.

  PETALING JAYA (Dec 21): Malaysia is ranked 35th out of 153 countries in Forbes’ “Best Countries for Business 2018”.

  PETALING JAYA (Nov 16): Yang Huiyan, the majority owner of Chinese property developer Country Garden Holdings Co Ltd, saw her fortune triple to US$20.