Kuala venues for-NBS said Thursday he has assets of more than Malaysia's has seen a decline property until the second half of last year as the country tries to solve the drop in oil prices and scandals Finance. The number of billionaires fell 1 4 last year from 16 to 12 people. According ranked among Malaysians, which has assets of more than 50, while only 6 people on the list have increased their wealth. Malaysia's economic outlook, which rely on energy as a source of major concern since oil prices began decline in mid-2014. When they are trading around 30 US dollars a barrel, down about 70 percent. The falling value of the ringgit as a transaction currency, Asia's worst last year, consistent with the scandal involving relevant Prime Minister Najib Razak and state-owned investment company has further shaken financial markets. Both the Prime Minister and the company has denied any wrong doing. Forbes said in a statement: With the stock market fell 8.7 percent and ringgit currency tumbled 12.6 percent of its value against the US dollar, it was a difficult year for All Malaysian billionaire. The website said: 'The economic slowdown in China and continued to decline in political city also also affecting trade. The drop in global oil and gas prices also affect the wealth associated with these industries, as well . Forbes rating calculated in US dollars, which means that property ringgit worth less when Malaysia's currency fell. Among the biggest losses, Goh Peng Ooi, who owns a financial software Silverlake Axis net fell down about 50 percent to 725 million US dollars. Tycoon Syed Mokhtar AlBukhary also lost half his wealth, but he ranks 9 1 , 45 billion US dollars. Businessman Robert Kuok has been on this list for 7 years in a row with a net worth of 10 billion US dollars, despite the the number has dropped from $ 11.3 billion in last year's list. Separately, Mr. Kuan Kam Hon, who is a major glove manufacturer in Malaysia are also in the list There is a US $ 1.1 billion
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