W illiam Teh Lee Pang is a Malaysian billionaire and the only son of the late banking tycoon Teh Hong Piow, who founded Public Bank Berhad. Following his father's death in 2022, William inherited a substantial stake in the banking group, which is the third-largest in Malaysia by assets. Public Bank is renowned for its prudent management and consistent profitability, serving millions of customers across Southeast Asia and Hong Kong.
Though he maintains a very low public profile compared to his late father, William's wealth is tied to the enduring legacy of the financial empire built over six decades. He holds significant shares in both Public Bank and the insurance arm, LPI Capital. The Teh family remains one of the wealthiest and most influential in Malaysia's financial sector, with William representing the next generation of ownership.
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William Teh Lee Pang is a Malaysian businessman, the son of late banker Teh Hong Piow. His father founded Malaysian banking behemoth Public Bank (KLSE: 1295) in 1966 and chaired it for several decades.
The bank serves millions of customers across Cambodia, China, Hong Kong, Sri Lanka and Vietnam in addition to Malaysia. The late Teh owned a substantial minority stake in the bank as well as in the listed insurance business, LPI Capital.
William Teh Lee Pang's career is defined by his inheritance of a substantial stake in one of Southeast Asia's most prominent financial institutions. His structural position is tied to the long-term stewardship of the wealth generated by Public Bank's decades of growth.
His father, the founder, passed away in December 2022 at age 92, leaving behind a major legacy in the banking and insurance sectors.
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Father Teh Hong Piow founded Public Bank.
Father Teh Hong Piow died at age 92.
Holds a substantial stake in Public Bank and LPI Capital.
William Teh Lee Pang's wealth is concentrated in his inherited stakes in the publicly traded banking and insurance giants.
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+0.03% | +$0.59M
-0.14% | -$3.13M
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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