Yeoh Tiong Lay

Yang Berbahagia Tan Sri Dato' Seri
Yeoh Tiong Lay
楊忠禮

PSM SPMS SPDK KMN
Born (1929-12-18)18 December 1929
Kampung Attap, Klang, Selangor, Federated Malay States
Died 18 October 2017(2017-10-18) (aged 87)
Kuala Lumpur, Malaysia
Burial place Nilai Memorial Park
Nationality Malaysian
Occupation Chairman, YTL Corporation
Home town Kuala Selangor, Selangor
Net worth US$3 billion (October 2017)[1]
Spouse(s) Puan Sri Datin Seri Tan Kai Yong
Children 7
Chinese name
Simplified Chinese 杨忠礼
Traditional Chinese 楊忠禮
Hanyu Pinyin Yáng Zhōnglǐ
Hokkien POJ Iûⁿ Tiong-lé

Tan Sri Dato' Seri 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.

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

Yeoh Tiong Lay 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]

Honours

Commander of the Order of Loyalty to the Crown of Malaysia (P.S.M.) (1985)[4]

Yeoh 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 in January 2008.

In December 2015, he was conferred the Order of the Brilliant Star by Taiwan President Ma Ying-Jeou in recognition of his contribution to the educational and cultural development of Taiwan.

Yeoh was also one of the Pro-Chancellors of Universiti Malaysia Sabah in Kota Kinabalu, Sabah with Tan Sri Datuk Seri Panglima Musa Hj. Aman, the Chief Minister of Sabah.

Personal life

Yeoh married Kai Yong in 1953 and they were married for 64 years.

He is the father of Tan Sri Francis Yeoh, Dato Yeoh Soo Min, Dato Victor Yeoh Seok Kian, Dato Yeoh Seok Hong, Dato Sri Michael Yeoh, Dato Yeoh Soo Keng and Dato 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, Rebekah Yeoh, Michelle Yeoh and Rachel Yeoh), and 5 great grandchildren.

Involved with charitable societies in Malaysia, he lent financial support to various educational establishments throughout the nation; one of his most cherished being his involvement as chairman of Hin Hua High School, his alma mater.

He died on 18 October 2017.[5]

References

  1. 1 2 "Yeoh Tiong Lay". Forbes. Retrieved 18 October 2017.
  2. YTL Corporation
  3. "King's College London - £7 million gift establishes Yeoh Tiong Lay Centre for Politics, Philosophy & Law £7 million gift establishes Yeoh Tiong Lay Centre for Politics, Philosophy & Law". www.kcl.ac.uk. Retrieved 2017-10-30.
  4. "Semakan Penerima Darjah Kebesaran, Bintang dan Pingat".
  5. "Yeoh family donates RM8mil to charity - Nation | The Star Online". www.thestar.com.my. Retrieved 2017-10-30.
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