Rank #639
Lee Thiam Wah
Net worth $6.4B
Retailing · Malaysia
- Born
- Jan 01, 1964
- Age
- 62
- Source
- Retailing
- Residence
- Petaling Jaya
- Citizenship
- Malaysia
- Marital status
- Married
- Children
- 2
- Education
Net worth over time
Biography
- Lee Thiam Wah is the founder and CEO of 99 Speed Mart Retail Holdings, Malaysia's largest operator of mini-marts by number of stores.
- The company went public on Bursa Malaysia in 2024, raising $532 million.
- Lee opened his first shop in 1987 in the port city of Klang, before selling it and establishing the Pasar Mini 99 chain in 1992.
- In 2000, he consolidated his growing network of stores under the 99 Speedmart brand, which has since expanded to over 3,000 outlets.
- His son Lee Yan Zhong is an alternate director to him; his wife Ng Lee Tieng also sits on the board.
Financial assets
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