Biography
Tan Sri Dato' Seri Lee Loy Seng was born in Menglembu on 22 Aug 1921, and grew up in Ipoh, capital of Perak state.
His father, Lee Meng Hin was a tin miner who gave then Malayan economy a boost. After Lee Meng Hin's reign, his company was passed on to the older son, Lee Wan Seng, and Loy Seng worked just as an employee during the early years of his life. After Malaya's independence, the British merchants had to leave and lands were being sold at a very low price. Loy Seng saw the opportunity of a lifetime to invest in these lands and bought them, turning them into a rubber plantation. With luck on his side, the price of rubber was rising immensely due to the industrial rise. As he built up his fast blooming company, Mr. Lee founded the company Kuala Lumpur Kepong Berhad, one of the leading plantation owning companies in Malaysia.
His sons Datuk Lee Oi Hian, Datuk Lee Hau Hian and Datuk Lee Soon Hian are considered to be in the top 20 richest people in Malaysia with estimated net worths of US$250m each.
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