Yeoh Tiong Lay

Yeoh Tiong Lay (Chinese: 楊忠禮; 18 December 1929 – 18 October 2017) was a Malaysian billionaire businessman and philanthropist. 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.


Yeoh Tiong Lay

楊忠禮
Born(1929-12-18)18 December 1929
Died18 October 2017(2017-10-18) (aged 87)
Burial placeNilai Memorial Park
NationalityMalaysian
OccupationChairman, YTL Corporation
Net worthUS$3 billion (October 2017)[1]
Spouse(s)Puan Sri Datin Seri Tan Kai Yong
Children7, including Francis Yeoh and Yeoh Soo Keng
Chinese name
Simplified Chinese杨忠礼
Traditional Chinese楊忠禮
Hanyu PinyinYáng Zhōnglǐ
Hokkien POJIûⁿ Tiong-lé

In 2013, he established the Yeoh Tiong Lay Centre for Politics, Philosophy & Law at King's College, London with a gift of US$11 million.[3]

Early life

A Malaysian Chinese of Kinmen and Zhangzhou Hokkien roots, Yeoh Tiong Lay was the third eldest child in his family. He completed his secondary school education at Hin Hua High School in Klang, Malaysia.

Career

Yeoh was one of the richest individuals in Malaysia; his family is estimated to have a net worth of US$3 billion as of October 2017.[1]

Personal life

Yeoh married Tan Kai Yong in 1952 and they were married for 65 years until his death in 2017.

He is the father of Francis Yeoh, Yeoh Soo Min, Victor Yeoh Seok Kian, Yeoh Seok Hong, Michael Yeoh, Yeoh Soo Keng and Mark Yeoh, all of whom are involved in the YTL Group and leading their own respective divisions. At the time of his death, he had 27 grandchildren (including Ruth Yeoh, Michelle Yeoh, Rebekah Yeoh and Rachel Yeoh) as well as 5 great-grandchildren.

Involved with charitable societies in Malaysia, he lent financial support to various educational establishments, and was chairman of Hin Hua High School, his alma mater.

He died on 18 October 2017.[4]

Honours

Honours of Malaysia

Foreign honours

References

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