Lillian Teh Li Ming

CEO, Public Bank Berhad

Real-Time Net Worth

$1.64B

As of December 2025

Age

Source

Banking

Industry

finance-investments

Citizenship

Biography

Lillian Teh Li Ming is a Malaysian heiress and businesswoman whose wealth primarily stems from her stake in Public Bank Berhad, one of Malaysia's largest banking groups. She is the daughter of the late Teh Hong Piow, the founder of Public Bank, who built the financial institution from a single branch into a major player in the Asia-Pacific region. As of late 2024, her net worth is estimated at $1.6 billion, and she holds the 2285th position globally among billionaires, and 12th in Malaysia. While maintaining a low public profile, she, along with her siblings, inherited a significant portion of her father's fortune, making her one of the wealthiest individuals in Malaysia.

Wealth Over Time

Portfolio Holdings

Public Bank Berhad

Kuala Lumpur, Malaysia

Information not available employees

Founded 1965

In-Depth Profile

Early Life

Lillian Teh Li Ming is part of the Teh family, a prominent name in Malaysian banking. She is the daughter of the late Teh Hong Piow, who founded Public Bank Berhad in 1965. Born in Singapore, Teh Hong Piow began his banking career in 1950 and founded Public Bank in 1965, which commenced operations in 1966. He built the bank into a financial giant.

Rise to Success

Lillian Teh Li Ming inherited a substantial stake in Public Bank following her father's death in December 2022. Unlike her father, who was a highly visible figure in Malaysian finance for decades, she and her siblings have maintained a low public profile. They are not involved in the day-to-day management of Public Bank.

Key Business Strategies

The primary source of Lillian Teh Li Ming's wealth is her stake in Public Bank, a company known for its prudent management and strong performance. Public Bank has a significant presence across the Asia-Pacific region. The family's stake in Public Bank is managed through Consolidated Teh Holdings Sdn Bhd.

Philanthropy

While specific details about her philanthropic activities are limited in public sources, the family's wealth and position suggest a capacity for significant charitable contributions. Further information is needed to detail the extent of her philanthropic endeavors.

Career Milestones

1965

Public Bank Founded

Her father, Teh Hong Piow, founded Public Bank Berhad.

2022

Inheritance

Inherited a significant stake in Public Bank after her father's death.

Philanthropy & Social Impact

Education, Healthcare, Community Development

Li Ming Foundation

Undisclosed

Focuses on education, healthcare, and community development.