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Vincent Tan

Vincent Tan is Malaysia’s most aggressive conglomerate builder, amassing a $5.2 billion fortune through Berjaya Corporation’s 50 subsidiaries spanning lottery, retail, and property. Tan’s controversial purchase of Cardiff City Football Club for $35 million in 2010 generated global brand exposure, though his rebranding to red shirts backfired, costing 25% of fan attendance in two seasons. Despite this, his lottery operations yielded $1.8 billion in 2025 sales, outperforming Genting’s Malaysian gaming revenue by 15%. Tan’s knack for spotting undervalued assets, like snapping up 7-Eleven for $180 million, remains unmatched among Malaysian tycoons.

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Vincent Tan

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