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Malaysian businessman (1929–2017) From Wikipedia, the free encyclopedia
Yeoh Tiong Lay (Chinese: 楊忠禮; 18 December 1929 – 18 October 2017) was a Malaysian billionaire businessman and philanthropist. He founded YTL Corporation,[1] 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 | |
Died | 18 October 2017 87) | (aged
Burial place | Nilai Memorial Park |
Nationality | Malaysian |
Occupation(s) | Chairman, YTL Corporation |
Spouse | Puan Sri Datin Seri Tan Kai Yong |
Children | 7, including Francis Yeoh and Yeoh Soo Keng |
Chinese name | |
Simplified Chinese | 杨忠礼 |
Traditional Chinese | 楊忠禮 |
Hanyu Pinyin | Yáng Zhōnglǐ |
Jyutping | Joeng4 Zung1 Lai5 |
Hokkien POJ | Iûⁿ Tiong-lé / Iôⁿ Tiong-lé |
Tâi-lô | Iûnn Tiong-lé / Iônn 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.[2]
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.
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.[3]
Yeoh married Tan Kai Yong in 1952 and they were married for 65 years until his death in 2017.[citation needed]
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. [citation needed]
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.[citation needed]
He died on 18 October 2017.[4]
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