Yeoh Tiong Lay
| Tan Sri Dato' Seri Dr. Yeoh Tiong Lay 楊忠禮 | |
|---|---|
 | |
| Occupation | Chairman, YTL Corporation |
| Net worth |
 US$2.7 billion (2011)421st world richest person [1] |
| Children | 7 children |
Tan Sri Dato' Seri Dr. Yeoh Tiong Lay (Chinese: 楊忠禮; pinyin: Yáng Zhōnglǐ; Pe̍h-ōe-jī: Iûⁿ Tiong-lé) is a Malaysian business tycoon and a prominent philanthropist. He founded YTL Corporation,[2] Malaysia's biggest and most successful 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 $3 billion in cash.
Biography
Yeoh Tiong Lay completed his secondary school education at Hin Hua High School in Klang, Malaysia. He is the father of Francis Yeoh, who is the eldest of his 7 children, all of whom are involved in the family business.
He is one of the richest individuals in Malaysia; his family is estimated to have a net worth of US$ 2.8 billion, and he is ranked as the 421st richest person in the world according to Forbes in 2011.[1]
He was conferred the prestigious 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.