From the Editor
  • Francis Yeoh helms Kuala Lumpur-listed YTL, founded in 1955 by his late father, Yeoh Tiong Lay, who died in October 2017.
  • Francis is the eldest of seven siblings, all involved in the family business. Their global empire has interests in cement, hotels, property and utilities.
  • YTL owns PowerSeraya, Singapore's second-largest power plant by market share, and the Ritz-Carlton in Kuala Lumpur.
  • YTL's joint venture with Singapore gaming firm Sea, was awarded one of the five digital banking licences by Malaysia's central bank.
  • The group is investing $3.3 billion to build Malaysia's first solar-powered data center in Johor that could deliver up to 500MW of capacity. The first phase came online in 2024.
Wealth History
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Personal Stats
Age
71
Source of Wealth
Construction, power, real estate
Residence
Kuala Lumpur, Malaysia
Citizenship
Malaysia
Marital Status
Married
Children
5
Education
Bachelor of Engineering, Kingston University London
Did you know
YTL co-owns the Eastern & Oriental Express, the luxury train that runs from Singapore to Thailand.
The group also owns Niseko Village resort in Japan, which features two hotels and two golf courses.
Related People & Companies
Malaysia
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Citizen of Malaysia
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