Son of Singapore’s founding Prime Minister Lee Kuan Yew, Lee Hsien Yang is a successful entrepreneur. His estimated net worth, which reflects his significant influence in industry and politics, is about $300 million.
Attribute | Details |
---|---|
Full Name | Lee Hsien Yang |
Date of Birth | September 24, 1957 |
Age | 67 |
Nationality | Singaporean |
Occupation | Business Executive, Former CEO of Singtel, PSP Politician |
Education | BA from Trinity College, Cambridge; MS in Management from Stanford University |
Spouse | Lim Suet Fern |
Children | Li Shengwu, Li Huanwu, Li Shaowu |
Notable Positions | CEO of Singtel (1995-2007), Chairman of Fraser and Neave, Chairman of Civil Aviation Authority of Singapore |
Net Worth | Approximately $300 million |
Early Development and Education
Lee Hsien Yang born in 1957, in Singapore. He studied Catholic High School, National Junior College, and Trinity College, Cambridge, where he also obtained his BA. Later, he worked on a master’s degree in management at Stanford University.
Military and Commercial Roots
Lee Hsien Yang entered the commercial sector following military service, where he attained Brigadier General level. He joined Singtel in 1994 as Executive Vice President and advanced fast to CEO. Under his direction, Singtel became a significant telecoms force.
Director of Singtel
Leading Singtel’s development from 1995 to 2007, Lee Hsien Yang helped it to become among the biggest telecom companies in Asia. Especially in Australia, his calculated acquisitions greatly raised Singtel’s market worth. This achievement complemented his own wealth.
Strategic Allocations and F&N Leadership
2007 saw him appointed Non-Executive Chairman of Fraser and Neave (F&N). Lee guided the company through challenging market circumstances, and his effective leadership expanded his financial portfolio by including shares and real estate interests in international companies.
Managing Civil Aviation Authority of Singapore
From 2009 until 2018 he was Chairman of Singapore’s Civil Aviation Authority. His reign raised Singapore’s aviation profile. His position at CAAS confirmed his name in the field and improved his financial situation even more.
Political Invaction with the Progress Singapore Party
In 2020 Lee Hsien Yang joined the Progress Singapore Party expressing worries about the political direction of Singapore. His participation attracted notice particularly given his remark that he had “no interest in political dynasties.”
Family Conflicts and Public Opinion Controversy
Intensive investigation followed a conflict with his brother Lee Hsien Loong about their father’s estate on Oxley Road. Along with his sister, Lee Hsien Yang campaigned for its demolition in line with Lee Kuan Yew’s views. There was much public and media coverage caused by this family strife.
Legal problems and exile
Investigations over claimed bogus evidence about Lee Kuan Yew’s will drove Lee Hsien Yang and his wife Lim Suet Fern out of Singapore in 2022. Asking for Asylum in the United Kingdom, he mentioned worries about equitable treatment. His exile begged issues on his future in Singapore.
Defamation Case involving Singaporean Ministers
Lee Hsien Yang came under slander accusations from Singaporean ministers in 2024. He was told he owed SGD 400,000. He complied, although he openly voiced displeasure with the way the case was resolved by Singapore’s courts.
Contributions to Philanthropy and Social Issues
Among the several causes Lee Hsien Yang has helped with is education. He has pushed for social projects and encouraged Singaporean companies. His charitable activities underline his dedication to the advancement of society.
FAQs
What is Lee Hsien Yang’s estimated net worth?
Lee Hsien Yang’s net worth is estimated to be around $300 million.
What is Lee Hsien Yang’s background in business?
He was CEO of Singtel from 1995 to 2007 and also served as Chairman of Fraser and Neave and the Civil Aviation Authority of Singapore.
What political party is Lee Hsien Yang affiliated with?
He joined the Progress Singapore Party in 2020, expressing concerns over Singapore’s political direction.
Why did Lee Hsien Yang seek asylum in the UK?
In 2022, he and his wife sought asylum, citing concerns over legal proceedings related to his father’s will.