Kith Meng, chairman of Royal Group.
Who are the richest in Cambodia? How do they get to the top? And PM Hun Sen wants more of them
Prime minister Hun Sen has nothing to hide about his economic policy: making the richest richer and that communism is not so bad. He cites the example of millionaires in China.
In his speech, the PM tells the public about how to become millionaires in Cambodia. But the policy only applies to the selected ones. If you are at the bottom, just remain there or go down further and wait for these selected richest come to rescue you: rape you raw of your land so you can beg for mercy from the richest and the most powerful 500 millionaires made by the policy of PM Hun Sen.
Who are the richest men in Cambodia? The top ones who are known to the public:
The Richest Man in Cambodia
The richest men in Cambodia or the most powerful economic in Cambodia:
List of Oknha,[a title given to persons who have made a very high charitable donation]in Cambodia.
This list of Oknha is not ranked by their fortune, because we don't how much they have exactly but we know that all of these people are the key factor in Cambodia.
1. Kith Meng (Royal Group)
2. Kith Thieng (Royal Group)
3. Mong Reththy (Mong Reththy Group)
4. Sok Kong (SOKIMEX Co., Ltd)
5. Men Sarun (Men Sarun Co., Ltd)
6. Suy Sophan (Yeay Phan) (Phanimex )
7. Lao Meng Khin (Phanimex )
8. Khaou Phallaboth (Khaou Chully MKK Co)
9. Khaou Chully (Khaou Chully MKK Co)
10. Sy Kong Triv (KT Pacific Group)
11. Ing Bun Hoaw
12. Ly Yoong Phat (L.Y.P Group)
13. Sorn Sokna (Sokimex Group)
14. Phou Puy ( President of Commerce Chamber in Battambang)
15. Sang Than
16. Nang Sothy (Royal Phosphate Limited)
17. So Nguon ( So Nguon Transportation & Service Import Export Co., Ltd)
18. Ly Say Khieng (SKL Group Holding)
19. Sam Ang (Vattanac Bank)
20. Doung Chhiv (Doung Chiv Import and Export)
21. Kok An (ANCO Brother Co., Ltd)
22. Te Tain Por, (LTP Lien Phong International Investment Co., Ltd.)
23. Keo Maly (Takoe Chamber of Commerce)
Oknha is a prestigious title that any wealthy Cambodian aspires to hold. This award of honour was created more than ten years ago and is aimed at those, men and women, who contribute to the reconstruction and the development of the Kingdom. These men and women are mostly influential business people who are connected with the high circles of the ruling power and know, for some of them, how to use this title in order to obtain preferentialtreatment.
On April 5th 1994, the two co-Prime Ministers at the time, Prince Ranariddh and Hun Sen, signed a sub-decree concerning the creation of decorations aimed at local or foreign benefactors working on the welfare of Cambodia. Depending on the level of contribution paid to the Government, three types of medals are granted for national construction: gold, silver and bronze. The lucky recipients of a gold medal - that is when their donation, whether it be material or financial, exceeds US$100,000 - also receive the title of oknha.
According to Thien Mao, director or the Decorations Department of the Council of Ministers , 220 oknhas, among whom less than ten women, have officially received this honour which inspires respect within the Cambodian society. However, these figures are simply official and represent a large underestimation of the real figures.
Miech Ponn, councillor for the Khmer Mores and Customs Commission at the Buddhist Institute , indicated that the title of oknha could be traced back in the history of Cambodia to the 15th century, under the reign of King Chao Ponhea Yat (1421-1462).
Going by his own research, Miech Ponn attested: “In the 15th and 16th centuries, oknhas were district and province governors as well as the king's personal councillors, in charge of royal, military, judicial and agricultural affairs”. He explained that this title was closer today to the usual “His Excellency” title which precedes the names of ministers and provincial governors.
Time went by and the meaning of oknha was derived from its original sense. Nowadays, those who are granted this honorific acknowledgement are no longer those situated at the forefront of the country's political life but rather, as Thien Mao said referring to the 1994 sub-decree, major sponsors of the state in its effort to rebuild the country.