Yeoh Tiong Lay

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Yeoh Tiong Lay
楊忠禮
Yeoh Tiong Lay.jpg
Occupation Chairman, YTL Corporation
Net worth IncreaseUS$2.8 billion (May 2015)[1]
Children 7 children

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,[2] 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.

Early life[edit]

Yeoh Tiong Lay completed his secondary school education at Hin Hua High School in Klang, Malaysia.

Career[edit]

He is one of the richest individuals in Malaysia; his family is estimated to have a net worth of US$ 2.8 billion in May 2015.[1]

Honours[edit]

He was conferred the Order of the Rising Sun, Gold Rays with Neck Ribbon by the Emperor of Japan for his efforts in promoting bilateral relations between Malaysia and Japan on 19 January 2008.

He is currently one of the Pro-Chancellors of Universiti Malaysia Sabah in Kota Kinabalu, Sabah with Datuk Seri Panglima Musa Hj. Aman, the Chief Minister of Sabah.

Personal life[edit]

He is the father of Francis Yeoh, who is the eldest of his seven children, all of whom are involved in the family business.

References[edit]

  1. ^ a b "Yeoh Tiong Lay". Forbes. Retrieved 15 May 2015. 
  2. ^ YTL Corporation