fbpx
Connect with us

Social Stories

7 Rags to Riches Malaysians Who Kept Walking, Despite All Odds

Published

7 Rags To Riches Malaysians Who Kept Walking, Despite All Odds - World Of Buzz
Source: Forbes & CompresSports

We look at the rich and the famous and we often think to ourselves, life is easy for them. They probably come from well to do families or it’s probably because of their rugged good looks that they’ve come so far in life. However, what many Malaysians may not know is that many of the millionaires and billionaires in Malaysia don’t come from rich or renowned families. In fact, some of them were born to poor and broken families while others had no education.

Here’s a list of some of the most inspiring businessmen in Malaysia who, against all odds, made sure to ‘Keep Walking’ until they went from rags to richest in the country! #goals #inspirational #wow

1. Yeoh Tiong Lay

More commonly known as YTL, it is believed he is currently worth more than RM8bil. Born in Klang in 1929, Yeoh graduated Hin Hua High School but there is no record that states he received any form of education after that. That means he probably didn’t graduate from university with any form of cert or degree!

Yet, in 1955 he founded YTL Corporation and today, it currently owns businesses in sectors like cement manufacturing, hotels, utilities and property development.

 

2. Dato’ Paul Koon Poh Keong

7 Malaysians Who Went From Rags To Richest Businessmen In The Country - World Of Buzz 1

Source: the star

Koon returned to Malaysia after graduating as an engineer from the US in the 1980s. However, it was during this time that Malaysia was suffering from a recession and he found himself jobless. In view of this, Koon rallied his brothers together and began their own aluminium-extruding company called Press Metal Bhd.

Press Metal started off in a rented factory in Puchong and took 30 years before it became largest of its kind in the region. He is currently worth RM6.7bil.

 

3. Robert Kuok

7 Malaysians Who Went From Rags To Richest Businessmen In The Country - World Of Buzz 2

Source: forbes

Born in Johor Bahru in 1923, Robert Kuok is estimated to be worth RM37bil. Robert graduated from Raffles College and became an ordinary office boy like many of us. After working just three years in the Japanese industrial conglomerate however, Kuok picked up the tricks of the trade and he ventured out to start his own business.

He started off trading sugar, rice and wheat flour and was known as the Sugar King of Asia for monopolizing 5% of the world’s sugar market. Today, Kuok Group controls Kerry Properties, the high-end hotel chain Shangri-La, and commodities trader Wilmar.

 

4. Lim Goh Tong

7 Malaysians Who Went From Rags To Richest Businessmen In The Country - World Of Buzz 3

Source: emaze

Although not born in Malaysia, Lim Goh Tong left China and came here in his teens and made a name for himself in his new found home before passing away at the age of 90. Not only was Lim stepping into brand new territory, but when he first arrived on Malaysian soil as a teen, Lim had absolutely no money. Nothing.

He made his fortune trading heavy machinery after World War II, and today he is known nationwide as the founder and developer of Genting Highlands.

7 Malaysians Who Went From Rags To Richest Businessmen In The Country - World Of Buzz 4

Source: genting

The Genting Group is currently estimated to have a net worth of RM22bil.

 

5. Jimmy Choo

Born in Penang to a family of shoe cobblers, Dato’ Jimmy Choo was definitely not born with a silver spoon in his mouth. He learned to make his very first shoe at the age of 11 by his father. From humble beginnings, Choo moved to London in the 1980s to learn about shoe design and has never looked back since.

7 Malaysians Who Went From Rags To Richest Businessmen In The Country - World Of Buzz 6

Source: jimmy choo

He then opened his very own shoe store in an abandoned hospital building (yes, abandoned hospital) and not long after, his footwear began to catch the eye of high-profile names such as the late Princess Diana. There are currently more than 150 Jimmy Choo stores open worldwide.

 

6. Teh Hong Piow

7 Malaysians Who Went From Rags To Richest Businessmen In The Country - World Of Buzz 7

Source: the star

Founder and chairman of Public Bank Bhd., Hong is currently estimated to be worth over RM21bil. What is now Malaysia’s third-largest banking group by assets with a reach that extends to Cambodia, China, Hong Kong, Laos, Vietnam and Sri Lanka, Hong started his career as a mere clerk with Oversea-Chinese Banking Corp.

However, as of 2016,  he became Malaysia’s first banker to receive a Cambodian royal award for his contribution to the Cambodian economic development. Currently, Hong gets a bulk of his wealth from his 24% stake in Public Bank.

 

7. Lee Thung Hing

7 Malaysians Who Went From Rags To Richest Businessmen In The Country - World Of Buzz 9

Source: thung hing

Lee ventured into the construction business after gaining a basic education. He tried to make ends meet by manufacturing and installing rain gutters and door frames for people. It was a difficult start for Lee when he often received only one order per week.

After years of persevering however, in 1983, Lee finally set up Thung Hing Group and today the business has grown by leaps and bounds. Manufacturing steel building materials for the past three decades, the company is looking into expanding into non-steel products as well. Today the business is worth at least RM40mil and is being run by Thung Hing’s son, Lee Kok Siong.

Currently, Kok Siong, is working on building houses using just steel and concrete in order to contribute to the poorer community. In using these materials, he hopes to lessen construction time and costs as well as to make the houses more affordable.

His philosophy in life is to always do something and not be stagnant. Don’t just complain, Keep Walking!

7 Malaysians Who Went From Rags To Richest Businessmen In The Country - World Of Buzz 10

Source: the star

Find out more about Kok Siong’s journey and how he’s about to disrupt the housing industry here:

Much like Kok Siong and the other extremely successful businessmen listed above, none of them could have arrived to where they are today if not for their will power and perseverance to ‘Keep Walking’. If you want to make a better life for yourself or the people around you, get up and take action! It will take time and hard work, you might even fail the first few times, but if you don’t even try, you’ve already failed.

Together with Johnnie Walker, we want you to keep walking until you reach your goals, don’t just stand still!

Find out more about Johnnie Walker’s Keep Walking Malaysia campaign here!



Just In

My Post 3 2024 05 08T154702.283 My Post 3 2024 05 08T154702.283
News3 hours ago

Ceiling Leak Causes Full On Waterfall at Wangsa Maju JPJ, Operations Still Up & Running

It’s no secret that those who have to run errands at government offices tend to have to wait around to...

Feat Image Thai Msia Feat Image Thai Msia
News3 hours ago

Kedah MB: Not Many Thai Tourists Visit Malaysia Because Thais are Not Proficient in English or BM

It’s no secret that Thailand is one of the most popular travel destinations for Malaysians, with tourists from our country...

Collage 32 Collage 32
News3 hours ago

M’sian Gets Lost in Oil Palm Plantation for 6 Hours as He had No GPS, Found in Weak & Trembling State

We usually depend a lot on map apps to find our way around. Whether we’re trying to find the fastest...

Collage 8 Collage 8
News7 hours ago

Study: Maybank Ranks in 3rd Place as the Biggest Company in Each Southeast Asian Country

Maybank Group, also known as Malayan Banking Berhad, is Malaysia’s top dog in financial services and banking. Offering everything from...

Collage 21 1 Collage 21 1
News8 hours ago

“RM10K to live comfortably” – Cuepacs Hopes Prices of Goods Won’t Rise Following Civil Servants’ Salary Increments

It was a good week for civil servants, and it will be a good month for them when their increments,...

Collage 20 Collage 20
News10 hours ago

“Robbed, acid-splashed, hammered” – 3 M’sian Footballers from Different FCs Assaulted on Different Nights

It’s terrifying to realise that people we don’t even know might harbor ill intentions toward us. In 1 week, 3...

Feat Image Uitm Account Feat Image Uitm Account
News10 hours ago

2 UiTM Accounting Students Make Malaysia Proud by Getting 2nd Highest Exam Scores in The World!

2 Faculty of Accountancy students from Universiti Teknologi Mara (UiTM) made the education institution and our country proud after they...

Feat Image Inheritance Feat Image Inheritance
News1 day ago

Thai Maid Inherits RM12.8 Million from Her French Employer After She Was Found Dead in Koh Samui

A shocking case has been making headlines in Thailand over the past week or so after a Thai woman received...

Announcement

Latest Videos

TRENDING TODAY