With the Ringgit sliding to a new record low since the 1997-98 crisis, and hovering around 4.30 to 4.50 against the greenback, even the billionaires are affected. However, despite the changes, some of the Forbes richest men remain rich, while others were hit quite badly.
Though who remain unchanged in their position in the Forbes’s 2017 Richest Men in Malaysia took advantage of the stronger dollars, while those who have their businesses mainly in the country or region are affected significantly. One such example is Lim Kok Thay, who saw his and his family’s net worth drop by 2.2% in the past year.
Our first update on the richest men in Malaysia was in 2014, and this is how much has changed in the past three years.
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