(Bloomberg) — Malaysia has long been a place where vast fortunes have been amassed over time. The Kuoks, Tehs and Queks are custodians of palm oil, property and banking empires that stretch back decades.That was until Covid-19, when the country’s low-key rubber industry — or more precisely, glove making — became one of the hottest on the planet.Wong Teek Son, who co-founded Riverstone Holdings Ltd. in the 1980s after working as a research chemist, last month became the fifth billionaire in the country from manufacturing gloves. He’s now worth $1.2 billion as shares of his company rallied almost sixfold from …read more
Source:: Yahoo Finance
