What is Yeoh Tiong Lay's Net Worth?
Yeoh Tiong Lay is a Malaysian business tycoon and prominent philanthropist who has a net worth of $2.8 billion. Yeoh Tiong Lay founded the YTL Corp construction firm in 1955. Ever since, it has grown into Malaysia's biggest and most successful conglomerate with interests in construction, utilities, hotels, property development and technology.
As of today, the conglomerate is Singapore's second-largest power generator, which owns retail properties in Malaysia and Singapore. The Malaysia-headquartered company that has over $3 billion in cash is currently run by the eldest of his 7 children, Francis Yeoh. Apart from his various business engagements, Yeoh was presented with prestigious "Order of the Rising Sun" by the Emperor of Japan for his efforts in promoting bilateral relations between Malaysia and Japan in 2008.
