KUALA LUMPUR: Tycoons on the 2021 Forbes Malaysia Rich List have seen a rebound in their collective wealth as it rises 14 per cent to nearly US$90 billion this year, after declining for two years.
Dato Lee Yeow Chor & Lee Yeow Seng
L-R: Lee Yeow Seng, Tan Sri Lee Shin Cheng and Dato Lee Yeow Chor (Photo: IOI Properties)
Dato Lee Yeow Chor and Lee Yeow Seng, sons of the late Tan Sri Dato Lee Shin Cheng, inherited stakes in the IOI group, a palm oil and property empire built by their father. The older Lee is the group managing director and chief executive of IOI Corporation while the younger Lee is the executive vice-chairman of IOI Properties. Together, they re valued at US$4.9 billion (RM20.2 billion).
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