Rank #780
Jeffrey Cheah
Net worth $5.5B
Property, healthcare · Malaysia
- Born
- Mar 30, 1945
- Age
- 81
- Source
- Property, healthcare
- Residence
- Kuala Lumpur
- Citizenship
- Malaysia
- Marital status
- Married
- Children
- 3
- Education
- Bachelor of Arts/Science, Victoria University
Net worth over time
Biography
- Jeffrey Cheah is the executive chairman of Malaysia's Sunway group. Over five decades, he transformed his obscure tin-mining company into a group with interests in property, healthcare, education and infrastructure.
- Sunway Healthcare raised $736 million from its March 2026 IPO. It currently operates five hospitals, with three more in the pipeline.
- In 2020, Sunway expanded into fintech, acquiring a 51% stake in credit reporting agency Credit Bureau Malaysia.
- In February 2025, the group announced its plan to build a $578 million mixed-use project, along with Malaysia's state-owned commuter rail operator MTR, near the Singapore border.
- His daughter, Sarena, and sons, Adrian and Evan, work in the family business.
- He is an avid philanthropist and has disbursed thousands of scholarships in Malaysia over the years.
- He started his career as an accountant for an auto assembly plant.
- Cheah received the ASEAN Entrepreneurial Excellence Award from EY for 2023.
Financial assets
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