KUALA LUMPUR: Global media group Forbes, in its annual wealth rankings, has revealed that Tan Sri Francis Yeoh and his siblings saw the biggest increase in their personal fortunes with a combined net worth that more than tripled to US$4.7bil over the past year.
Meanwhile, Forbes noted that Sunway's Tan Sri Jeffrey Cheah more than doubled his wealth to US$2.4bil to enter the Top 10 ranking of the 2024 list. The Teh siblings overtook Press Metal Aluminium's Tan Sri Koon Poh Keong and his siblings, who were bumped to No.5 with a net worth of US5.3bil, down from US$5.8bil in 2023, amid weaker demand and prices for the metal.