L ee Yeow Seng is a Malaysian property tycoon and the younger son of the late Tan Sri Dr. Lee Shin Cheng, the founder of the sprawling IOI Group conglomerate. Along with his older brother, Lee Yeow Chor, he inherited the family's vast business empire. While his brother manages the group's core palm oil business, Lee Yeow Seng has taken charge of the family's extensive real estate interests as the CEO of IOI Properties Group.
Under his leadership, IOI Properties has continued to be one of Malaysia's leading developers, with a large portfolio of residential townships, commercial properties, and shopping malls. The company also has a significant and growing presence in Singapore and China. Lee Yeow Seng has been focused on expanding the group's investment property portfolio to generate more recurring income. He is married to Malaysia's former Minister of Energy, Science, Technology, Environment and Climate Change, Yeo Bee Yin, making them a prominent power couple in the country.
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Lee Yeow Seng is a Malaysian businessman, the billionaire Co-Chairman of IOI Corporation Berhad (KLSE: IOICORP) and CEO of IOI Properties Group (KLSE: IOIPG). His wealth is generational, tied to the empire founded by his late father, Tan Sri Dato' Lee Shin Cheng (d. 2019).
Lee holds an LL.B. Law degree from the University of Bristol, U.K., and was called to the Bar of England & Wales in 2000. His career is defined by generational stewardship and executive leadership in the real estate and property management sector. He and his elder brother, Lee Yeow Chor, jointly inherited and manage the massive company, with Yeow Seng focusing on property development.
Lee Yeow Seng's strategic leadership involves managing the continuous development and expansion of IOI Properties Group. Under his guidance as CEO, the company has maintained its focus on high-quality, integrated property projects (e.g., IOI City Mall) and international expansion into Singapore and China. His structural contribution is tied to the successful generational transition and professionalization of the Malaysian real estate sector.
His wealth is secured by the colossal, long-term, stable profitability of the global property development and real estate sectors.
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Called to the Bar of England & Wales (Academic Achievement).
Appointed Managing Director of IOI Properties Group (Executive Ascent).
IOI Properties Group executes its successful IPO (Financial Milestone).
His father, Lee Shin Cheng, passes away; Lee Yeow Seng assumes Co-Chairman role (Succession/Executive Apex).
Continues as CEO of IOI Properties Group and Co-Chairman of IOI Corporation Berhad (Executive Oversight).
Lee Yeow Seng's wealth is concentrated in his family's controlling stake and executive leadership of the publicly traded property giant, IOI Properties Group (KLSE: IOIPG), and IOI Corporation Berhad.
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Lee Yeow Seng's social impact is structural, stemming from IOI Properties Group's role in providing essential housing and commercial infrastructure across Malaysia and the region. The company provides thousands of stable jobs in construction, hospitality, and property management. His personal philanthropy supports various community and educational initiatives.
His structural contribution is tied to the successful development and modernization of the Malaysian real estate sector.
Lee Yeow Seng maintains the professional, composed style of a corporate executive. His attire is consistently formal and high-quality, favoring tailored business suits. His aesthetic reflects serious authority and stability, typical of a leader in the global real estate sector.
Residing in Kuala Lumpur, Malaysia, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to real estate development, corporate governance, and the long-term stewardship of the IOI Group empire.
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+1.26% | +$181.66M
+0.22% | +$18.47M
This profile is compiled from verified biographical and financial records:
All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.
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