Blog: Only 3 Bumiputera billionaires on 2024 Forbes list of M’sian tycoons but exact figure likely anybody’s guess

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5 comment(s). Last comment by smartepf 2024-04-22 19:27

Sslee

6,663 posts

Posted by Sslee > 2024-04-22 17:09 | Report Abuse

Another Bumiputera billionaires

KUALA LUMPUR (March 5): Two million ringgit was not a big deal for Datuk Seri Tengku Adnan Tengku Mansor because to him it was like “pocket money”, he told the High Court today.

The Umno treasurer was responding to a question by deputy public prosecutor (DPP) Julia Ibrahim on whether the RM2 million that was given via a cheque by his close associate and Aset Kayamas Sdn Bhd managing director Tan Sri Chai Kin Kong, was considered valuable to him.

Good123

26,232 posts

Posted by Good123 > 2024-04-22 17:49 | Report Abuse

political business model kat malaysia selama beberapa dekad, terkaya tentulah politicians and ahli2 keluarga mereka serta kroni2 politik nya hehe

Good123

26,232 posts

Posted by Good123 > 2024-04-22 17:50 | Report Abuse

the tip of an iceberg , terbukti hehe

While Kadir has nevertheless highlighted the three Bumiputera tycoons acknowledged by Forbes, there were some cheeky comments to his Facebook post claiming that there could be an even a longer list of Bumiputera billionaire politicians or even their cronies than genuine business tycoons.

This of course cannot be immediately verified but a case in point is that it has been almost nine years and counting yet the inheritance dispute over the late former science, technology and innovation minister Tan Sri Jamaluddin Jarjis’s (JJ) estate valued at an estimate of RM2.1 bil remains unresolved.

smartepf

293 posts

Posted by smartepf > 2024-04-22 19:25 | Report Abuse

Robert Kuok already move on in Hong Kong, china ,singapore and Indonesia! while Quek is in Singapore! They just have IC and nationality in Malaysia but because of the National policy 30 years ago make them to diversify into new market!
Malaysia GLC stifles the growth of Malaysian Entrepreneurs by competing in the same space locally. 10-20 years ago there were many Entrepreneurs in software but now you hardly see them! instead companies like Heitech Padu sapu all the project big and small.
How many billionaire can Malaysia market support ?

smartepf

293 posts

Posted by smartepf > 2024-04-22 19:27 | Report Abuse

Instead, Malaysia supports 3 bumiputra billionaires instead of 3000 bumiputra millionaires

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