Billionaire Profile
Lee Yeow Seng
Global Rank
#1322

Image: Public domain | via Wikimedia Commons

Lee Yeow Seng

CEO, IOI Properties Group Berhad
MY
Real-Time Net Worth
$3.01B
As of December 2025
Age
47
Source
Palm oil, property
Industry
real-estate
Citizenship
MY

Biography

Lee Yeow Seng, a Malaysian citizen, is the Group Chief Executive Officer of IOI Properties Group Berhad. His estimated net worth is $3.01 billion as of December 2025, primarily derived from his interests in palm oil and property. Yeow Seng, 47, holds a LLB from King's College London. He is married to Yeo Bee Yin, Malaysia's former environment minister. His career includes serving as Executive Director and CEO of IOI Properties Group, and he is involved in the broader IOI Group's business empire, a major player in Malaysia's real estate and palm oil industries.

Wealth Over Time

In-Depth Profile

Early Life

Lee Yeow Seng was born in 1978. He studied law at King's College London. Like his brother, he is a barrister-at-law from the Bar of England & Wales by Inner Temple. His father was Lee Shin Cheng, the founder of IOI Group. Yeow Seng grew up on a rubber plantation.

Rise to Success

Lee Yeow Seng is the CEO of IOI Properties Group. He was appointed to the Board of IOIPG on 25 February 2013 as Executive Director. He then held the position of Chief Executive Officer from 8 January 2014 until 14 April 2020. On 15 April 2020, Lee was appointed Executive Vice Chairman, and he resumed the position of Group Chief Executive Officer on 1 July 2023. His wealth stems from the palm oil and property businesses of the IOI Group.

Key Business Strategies

Under Lee Yeow Seng's leadership, IOI Properties Group has focused on property development and investment. IOI Properties has a large presence in Singapore, with the Lion City accounting for about 64% of the properties by market value. IOI Corporation Berhad (IOIC) is a vertically integrated company that conducts plantation and resource-based manufacturing businesses.

Philanthropy

Information regarding specific philanthropy amounts could not be found in the search results.

Career Milestones

2013

Executive Director, IOI Properties Group

Appointed to the Board of IOI Properties Group.

2014-2020

Chief Executive Officer, IOI Properties Group

Held the position of CEO.

2020

Executive Vice Chairman, IOI Properties Group

Appointed Executive Vice Chairman.

2023

Group Chief Executive Officer, IOI Properties Group

Resumed position of Group CEO.

Philanthropy & Social Impact

Unknown

Not found

Undisclosed

Could not find specific philanthropy information in search results.