KUALA LUMPUR, April 16 -- The collective wealth of Malaysia's 50 richest individuals has surged by nearly 30 per cent over the past year, reaching a staggering US$116 billion (RM458 billion) as a buoyant economy and a flurry of stock market debuts bolstered the fortunes of the nation's business elite.

According to the 2026 Forbes list of Malaysia's 50 Richest, the total net worth of the group rose from US$90 billion last year, underpinned by a 5.2 per cent GDP expansion in 2025 and a strengthening ringgit.

The momentum was further fuelled by a vibrant IPO market that saw 60 new listings last year, creating significant value for founders and investors alike.

Business legend Robert Kuok, now 102, retains his long-standing position at the...