Yeoh Tiong Lay
|Yeoh Tiong Lay
|Occupation||Chairman, YTL Corporation|
|Net worth||US$2.8 billion (May 2015)|
Yeoh Tiong Lay (Chinese: 楊忠禮; pinyin: Yáng Zhōnglǐ; Pe̍h-ōe-jī: Iûⁿ Tiong-lé) is a Malaysian business tycoon. He founded YTL Corporation, Malaysia's largest conglomerate, with interests in construction, utilities, hotels, property development and technology. YTL is based primarily in Malaysia but has extensive operations in Asia, Australia and the United Kingdom, where it owns the utility Wessex Water. YTL Corp has over $3 billion in cash.
He is the father of Francis Yeoh, who is the eldest of his seven children, all of whom are involved in the family business.
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