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Malaysia’s rubber glove industry produces a fifth billionaire, as coronavirus boosts demand

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 in the 1980s after working as a research chemist, last month became the fifth billionaire in the country from…

Read the original article at South China Morning Post

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