Connect with us


Is Robert Kuok Really Malaysia’s Richest? Report Claims Sarawak’s Ex-Governor is Much Wealthier


My Post 1 2024 02 07T130924.280
Source: Forbes & Kosmo

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

Just in case you haven’t heard, there’s been quite the drama going around recently about 87-year-old former Sarawak Yang di-Pertua Negeri, Tun Abdul Taib Mahmud and his family, or more specifically his younger second wife, Toh Puan Raghad Kurdi Taib.

Here’s just a quick recap before we get to the actual topic at hand.

Raghad is being sued by Taib’s children from his first marriage over the transfer of shares of a private company, Cahya Mata Sarawak Berhad, to Raghad.

Taib 3

And while all of this was going down, Raghad was also allegedly caught packing up the mansion she shares with Taib (causing speculation that she might be fleeing the country) and later apparently took him (against doctors’ orders) from a private hospital where he was allegedly under life support and returned him to their home, an allegation she has since denied.

Taib 1

Taib 2


Now, it appears that an old, yet shocking piece of information has once again come to light.

Is Robert Kuok really the richest man in Malaysia?

Taib 5

Robert Kuok has a net worth of $10.1 billion (RM48,141,650,000.00), putting him at the top of the list of Malaysia’s most wealthy. But, a report from 2012 apparently says otherwise.

A report by Bruno Manser Fonds (BMF) titled ‘The Taib Timber Mafia: Facts and Figures on Politically Exposed Persons from Sarawak, Malaysia‘ from 2012 has stated that Taib’s net worth is $15 billion (RM71,497,500,000.00), making him much wealthier than Robert Kuok.

Taib 4

According to the report, Taib’s wealth stems from his family’s diverse financial empire, with interests in Sarawak’s largest timber and logging companies, monopolistic control of log exports, plantations, construction (including Cahya Mata Sarawak Berhad as mentioned above), electricity supply, property development, state media and more.


Hence, a question remains, why has Tun Abdul Taib Mahmud never actually been given the title of Malaysia’s richest? 

A quick online search found that even in 2012 when the report came out, Robert Kuok was still named as Malaysia’s richest under Forbes despite his net worth being lower than Taib’s. In fact, it appears that Taib was not mentioned at all.

Despite the report being published in 2012, it appears that it didn’t gain the necessary traction back then.

But now, with the drama surrounding his second wife, Raghad, and her alleged actions, the extent of Taib’s wealth has become the focus of Malaysians on social media.

What do you think about this? Do feel free to share your thoughts in the comment section.


Also read: Fahmi Fadzil Shares How a Delivery Rider Can’t Afford to Pay RM200 Phone Bill, Netizens Highlight His iPhone

My Post 1 2024 01 24T104325.750

Source: Kosmo
Source: Forbes

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

Just In

My Post 1 2024 02 29T141436.969 My Post 1 2024 02 29T141436.969
News6 hours ago

Ustaz Ebit Lew’s Hypermarket, Elews Mart, is Closing All Their Door This Year!

Preacher and philanthropist, Ustaz Ebit Lew has been riddled with controversy since alleged victims of sexual harassment came forward to...

Collage 71 Collage 71
News10 hours ago

Viral Video Shows M’sian, Positive for Cannabis, Pushing GF Down to Her Death from 23rd Floor in Setia Alam

Arguments are bound to happen in a relationship but it does not mean we can get physical at any time....

Feat Image Bak Kut Teh Feat Image Bak Kut Teh
News10 hours ago

“Not everyone can eat pork” – PAS ADUN Questions Bak Kut Teh’s Recognition as National Heritage Food

Last year, a discourse on whether Bak Kut Teh or pork bone broth should be recognised as a Malaysian national...

My Post 3 2024 02 29T102102.287 My Post 3 2024 02 29T102102.287
News11 hours ago

“Where is the RM100mil?” – Syed Saddiq Calls Out Govt’s Decision to Limit Madani Medical Scheme

The Skim Perubatan Madani (Madani Medical Scheme) was launched in June 2023 with the objective of reducing patient congestion in...

My Post 1 2024 02 28T174234.231 My Post 1 2024 02 28T174234.231
News1 day ago

M’sians Celebrate as Muhyiddin’s 4 Abuse of Power Cases Get Reinstated!

Back in August of last year (2023), former Prime Minister Tan Sri Muhyiddin Yassin felt freedom as his 4 abuse...

Collage666666 1 Collage666666 1
News1 day ago

18yo Sarawakian Woman Tries Friend’s Motorcycle & Collides Into Trees, Resulting in Her Death

Motorcycle accidents are unpredictable and can occur at any hour. When you’re out on the road, safety is never guaranteed....

My Post 1 2024 02 28T164909.831 My Post 1 2024 02 28T164909.831
News1 day ago

Wee Ka Siong Praised for Begging Govt to Exempt SST Hike on Water & Electricity Bills

It’s no secret that Malaysians, especially those from the B40 and M40 communities, are struggling with inflation and the price...

My Post 1 2024 02 28T113729.042 My Post 1 2024 02 28T113729.042
News1 day ago

PN Condemned for Staging a Walk Out During PM’s Slot to Thank Former & Current Agong in Dewan Rakyat

As it always does, Dewan Rakyat burst into chaos yesterday (February 27) after the opposition party staged a walk out...


Latest Videos