Billionaire Profile
L
Global Rank
#1002

Image: Unknown Author | CC0 | via Wikimedia Commons

Lee Yeow Seng

CEO, Palm oil
MALAYSIA
Real-Time Net Worth
$4.275B
Estimated based on Palm oil stock value as of April 20, 2026
-1.46% (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.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

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

Unknown

Supports education and community development.