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Lee Shin Cheng Net Worth

Lee Shin Cheng Net Worth

Net Worth: $5.6 Billion

Statistics
  • Source of Wealth Palm Oil
  • Marital Status Married
  • Full Name Lee Shin Cheng
  • Nationality Malaysia
  • Date of Birth June 3, 1939
  • Ethnicity Chinese
  • Occupation Businessman
  • Children 6
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About Lee Shin Cheng

Malaysian Chinese businessman Lee Shin Cheng has an estimated net worth of $5.6 billion as of April 2016, according to Bloomberg. He is best known for his active involvement in the plantation industry. Lee Shin Cheng was born on June 3, 1939. He is currently married with six children, four daughters and two sons. All of his children were trained to become lawyers.

Lee Shin Cheng currently serves as the Executive Chairman of IOI Corporation Berhad. In 2012, IOI Corporation Berhad was considered by Forbes as a real estate development and palm oil giant. Now listed in Bursa Malaysia, the company is now hailed as the leading conglomerate in the world that runs palm oil plantations. It operates in Europe, United States, Malaysia and Indonesia.

On the other hand, IOI Group is considered as Malaysia’s leading real estate developer. It has already built numerous infrastructure projects which include condominiums, resorts, office towers, townships and shopping malls.