Lee Shin Cheng

About Lee Shin Cheng

Birth Day: June 03, 1939
Birth Place: Jeram, Malaysia, Malaysia
Birth Sign: Cancer
Citizenship: Malaysia
Traditional Chinese: 李深靜
Simplified Chinese: 李深静
TranscriptionsStandard MandarinHanyu Pinyin: Transcriptions Standard Mandarin Hanyu Pinyin Li Shēnjìng Li Shēnjìng
Hanyu Pinyin: Li Shēnjìng

Lee Shin Cheng Net Worth

Lee Shin Cheng was bornon June 03, 1939 in Jeram, Malaysia, Malaysia. Lee Shin Cheng's IOI Corp. is the world leader in oleochemicals and one of the largest palm-oil-plantation companies in Malaysia. Elder son, Yeow Chor, is chief executive while younger son, Yeow Seng, leads the group's property arm, IOI Properties, which has a large footprint in China. Other children, all daughters, also work for his companies. Lee grew up on a rubber plantation where his father ran a Chinese food shop. At age 11 he left school in order to support his family and sold ice cream on a bicycle for 4 years before returning to finish high school.
Lee Shin Cheng is a member of Manufacturing

💰 Net worth: $5.1 Billion (Updated at 22 June 2018)

2009 $2.7 Billion
2010 $4.4 Billion
2011 $5 Billion
2012 $5.2 Billion
2013 $4.5 Billion
2014 $4.3 Billion
2015 $4.6 Billion
2016 $4.6 Billion
2017 $4.7 Billion
2018 $5.55 Billion

Some Lee Shin Cheng images

Biography/Timeline

1998

Since 1998, Lee has provided scholarships and educational grants to outstanding young students via Yayasan Tan Sri Dato’ Lee Shin Cheng.

2001

Lee was bestowed FIABCI Malaysia Property Man of the Year 2001 award. In February 2002, he was conferred an honorary doctorate degree in agriculture by Universiti Putra Malaysia in recognition of his contributions to the palm oil industry.

2008

Twenty years later, Lee bought Dunlop Estate. In 2008, he recalled the happiest day of his life in an interview with the New Straits Times, saying, "My happiest day was in 1989 when I bought Dunlop Estate from Multi-Purpose Holdings Bhd. This was because during the late 1960s, I had applied for a job at Dunlop Estate but they did not employ me because I was not adequately qualified. If they had employed me, I would probably not have owned the entire asset of Dunlop Estate today. This purchase marked a significant milestone in my life".

2009

Lee is Malaysia's 3rd richest and the world's 234th richest person. Forbes in 2009, put his net worth at US$3.2 billion.

2014

Lee grew up northeast of Kuala Lumpur on a rubber plantation, where his Father ran a small Chinese food shop. He left school at the age of 11 to help support his family, selling ice cream on a bicycle for four years before returning to finish high school. He sought work with one oil palm plantation company for a supervisory job, but was turned down. The reason given—he didn't speak fluent English—important then because Europeans still owned most of the plantations. Lee, who was then only 22, was undeterred by Dunlop Estate's rejection. He went on to get a field supervisor's job with at another palm oil company.