NetWorth
LeaderPortfolio
Chor
L
Rank #898
MALAYSIA•Diversified•Palm oil, property

Lee Yeow Chor

Net Worth
$4.695B
+0.13% (24h)
Lee Yeow Chor, a Malaysian citizen, is a prominent billionaire with a net worth of $4.6 billion as of 2024. His wealth primarily stems from his involvement in the palm oil and property industries. At 59 years old, he serves as the Group Managing Director and Chief Executive of IOI Corporation Berhad, a major player in the palm oil sector. Lee holds a law degree from King's College London and is a barrister from Gray's Inn. He has been instrumental in the IOI Group's success, with a career that includes leadership roles in both IOI Corporation and IOI Properties Group.

How to read Lee Yeow Chor's profile

Public net-worth figures are estimates. They combine observable inputs—typically listed equity, disclosed transactions, and market prices—with editorial judgment where filings are incomplete (for example, private holdings, debt, or cross-holdings). For Lee Yeow Chor, we anchor the narrative to Palm oil and Palm oil, property, then update the headline number as markets move. The chart on this page is meant to show trajectory, not a certified balance sheet.

When you see $4.695B alongside global rank #898, interpret it as our best synthesis of widely cited ownership and price signals—not a claim about cash on hand. Estimates can diverge from other publishers because of different treatment of options, trusts, charitable vehicles, or illiquid assets. We document the general approach in methodology and welcome corrections via corrections.

Country (MALAYSIA) and career milestones on this page are curated for reader context; they should be verified against primary sources when used for research. Editorial metadata for this profile is refreshed on a rolling basis, with deeper audits at least annually (last noted cycle: 2026).

Looking for depth? When available, the dossier and timeline sections below add long-form context beyond the headline number—prioritize those modules when evaluating claims about strategy, controversies, or philanthropic commitments.

The Full Dossier

Early Life

Lee Yeow Chor, born in Malaysia, is the son of the late Lee Shin Cheng, who built the palm oil and property empire known as the IOI Group. Lee grew up on a rubber plantation. He holds a law degree from King's College London and is a barrister from Gray's Inn, demonstrating a strong educational foundation.

Rise to Success

Lee Yeow Chor's career has been marked by significant achievements within the IOI Group. Prior to joining the IOI Group as a General Manager in 1994, he served in the Attorney General's Chambers and the Malaysian Judiciary Service. He was also the Chairman of the Malaysian Palm Oil Association (MPOA) in June 2020, and the Chairman of Malaysian Palm Oil Council (MPOC) for 11 years. He is the Group Managing Director and Chief Executive of IOI Corporation Berhad, and a Non-Executive Director on the Board of Bumitama Agri Limited.

Key Business Strategies

Lee Yeow Chor's leadership has been crucial in the strategic direction of IOI Corporation. The company focuses on the cultivation of oil palm, processing of palm oil, and investment holdings. IOI Corporation has approximately 98 estates and 15 palm oil mills, and is known for its efficient plantation practices.

Philanthropy

Lee Yeow Chor is a trustee of Yayasan Tan Sri Lee Shin Cheng, the charitable arm of the IOI Group. However, specific amounts and initiatives were not found.

Career Timeline

2020

Chairman of the Malaysian Palm Oil Association (MPOA)

Elected as Chairman in June 2020.

2015-2018

Board Member of Bank Negara Malaysia

Served as a Board Member.

2013

Appointed Executive Director of IOI Properties Group Berhad

Became Executive Director on 25 February 2013 and was subsequently re-designated as Non-Independent Non-Executive Director on 18 December 2013.

1996

Appointed to the Board of Directors

Became a Board Director of IOI Corporation Berhad and IOI Properties Berhad.

1994

Joined IOI Group

Became a General Manager within the IOI Group.

1990-1994

Served in the Attorney General's Chambers and the Malaysian Judiciary Service

Held various positions, including Magistrate.

Philanthropic Impact

CharityUndisclosed

Yayasan Tan Sri Lee Shin Cheng

Trustee of the charitable arm of IOI Group

Key Business Ventures & Holdings

CompanyStakeValue
IOI Corporation Berhad49.79%—
IOI Properties Group Berhad——

Net Worth History

In-Depth Analysis

Early Life

Lee Yeow Chor, born in Malaysia, is the son of the late Lee Shin Cheng, who built the palm oil and property empire known as the IOI Group. Lee grew up on a rubber plantation. He holds a law degree from King's College London and is a barrister from Gray's Inn, demonstrating a strong educational foundation.

Rise to Success

Lee Yeow Chor's career has been marked by significant achievements within the IOI Group. Prior to joining the IOI Group as a General Manager in 1994, he served in the Attorney General's Chambers and the Malaysian Judiciary Service. He was also the Chairman of the Malaysian Palm Oil Association (MPOA) in June 2020, and the Chairman of Malaysian Palm Oil Council (MPOC) for 11 years. He is the Group Managing Director and Chief Executive of IOI Corporation Berhad, and a Non-Executive Director on the Board of Bumitama Agri Limited.

Key Business Strategies

Lee Yeow Chor's leadership has been crucial in the strategic direction of IOI Corporation. The company focuses on the cultivation of oil palm, processing of palm oil, and investment holdings. IOI Corporation has approximately 98 estates and 15 palm oil mills, and is known for its efficient plantation practices.

Philanthropy

Lee Yeow Chor is a trustee of Yayasan Tan Sri Lee Shin Cheng, the charitable arm of the IOI Group. However, specific amounts and initiatives were not found.

Data Sources & Methodology

Figures for Lee Yeow Chor are synthesized from the sources below and cross-checked against our net worth methodology. Estimates may lag market moves; see corrections to report discrepancies.

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