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Billionaire Profile
Lee Yeow Seng
Global Rank
#1017

Lee Yeow Seng

CEO, Palm oil
Putrajaya
Real-Time Net Worth
$4.27B
Estimated based on Palm oil stock value as of September 10, 2026
-0.74% (24h)
Age
48
Source
Palm oil, property
Industry
Diversified
Citizenship
Malaysia

Biography

Dato' Lee Yeow Seng, born in 1978, is a Malaysian billionaire with an estimated net worth of $4.0 billion as of 2024. He is the Group Chief Executive Officer of IOI Properties Group Berhad (IOIPG), a major Malaysian property developer. His wealth primarily stems from his involvement in palm oil and property. With a background as a barrister-at-law from the Bar of England & Wales, Lee has played a key role in IOIPG's expansion and success over the past four decades. His career has been marked by leadership roles and significant contributions to the real estate industry in Malaysia and beyond.

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Data Updated
Sep 10, 2026
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Wealth Over Time

Net Worth History

YearNet Worth
2026$4.27B
2025$4.00B
2024$4.00B

Portfolio Holdings

IOI Corporation Berhad

IOI Corporation Berhad

IOIBreal-estate
$6.53B
Holdings Value
Ownership
49.79%
Market Cap
$6.53B
Stock Price
$4.09
Revenue
$11.8B
Putrajaya, Malaysia
28,000 employees
Founded 1969

In-Depth Profile

Early Life

Lee Yeow Seng, born in 1978, is a Malaysian business leader and the Group Chief Executive Officer of IOI Properties Group Berhad (IOIPG). He holds an LLB (Honours) from King's College London and is a barrister-at-law from the Bar of England & Wales.

Rise to Success

Lee's career is closely tied to IOI Properties Group, a prominent property developer with a significant presence in Malaysia, Singapore, and China. He was appointed to the Board of IOIPG on February 25, 2013, as an Executive Director. He subsequently served as Chief Executive Officer from January 8, 2014, to April 14, 2020. After a period as Executive Vice Chairman, he resumed the role of Group Chief Executive Officer on July 1, 2023. IOI Properties Group has a diverse portfolio encompassing property development, property investments, and hospitality and leisure.

Key Business Strategies

Under Lee's leadership, IOIPG has focused on expanding its property development projects in Malaysia, Singapore and China, as well as enhancing its property investment and hospitality offerings. IOIPG has also been involved in significant acquisitions and strategic initiatives. The company's commitment to sustainability and innovation is reflected in its developments and operations.

Philanthropy

While specific figures for Lee Yeow Seng's philanthropic endeavors are not readily available, the IOI Group, the parent company of IOI Properties, has a dedicated foundation known as the IOI Foundation (formerly Yayasan Tan Sri Lee Shin Cheng). The foundation supports various causes, including education and community development.

Career Milestones

2013

Executive Director, IOI Properties Group Berhad

Appointed to the Board of IOI Properties Group Berhad.

2014

Chief Executive Officer, IOI Properties Group Berhad

Held the position of CEO until April 2020.

2020

Executive Vice Chairman, IOI Properties Group Berhad

Appointed Executive Vice Chairman on April 15, 2020.

2023

Group Chief Executive Officer, IOI Properties Group Berhad

Resumed the position of Group CEO on July 1, 2023.

Philanthropy & Social Impact

Community Development

IOI Foundation

Supports education and community development.

Billionaires Connected to Lee Yeow Seng

Peers in Diversified

All Diversified billionaires

Richest in Malaysia

All billionaires from Malaysia

Adjacent Global Ranks

Full global ranking

Frequently Asked Questions

What is Lee Yeow Seng's net worth in 2026?
As of 2026, Lee Yeow Seng's estimated net worth is $4.268 billion, ranking #1017 among the world's billionaires. The estimate is based on publicly available shareholding data and market prices, updated daily.
How did Lee Yeow Seng make their money?
Lee Yeow Seng's wealth primarily comes from Palm oil, property, most notably through Palm oil.
Where is Lee Yeow Seng from?
Lee Yeow Seng is from Malaysia.
How old is Lee Yeow Seng?
Lee Yeow Seng is 48 years old.

Sources & References

Citations for this profile have not been published yet. Net worth figures here are estimates and should not be treated as verified. See our methodology for how these estimates are produced, or report a correction.