Lee Yeow Chor
Source of wealth: Palm oil, property
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The scale of their wealth
Health
The price of life
Let's compare Lee Yeow Chor's fortune with the healthcare spending of a massive country
Lee Yeow Chor could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 2.1 years.
But even if we compare their fortune with that of a rich country
On the other end, Lee Yeow Chor could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.9 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Lee Yeow Chor could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.4 years.
And yes, we can also compare it with a rich country
But they couldn't just cover the cost of a poor country; Luxembourg is considered the country with the highest per capita investment in education in the world, and Lee Yeow Chor could pay for it entirely for 1.9 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Lee Yeow Chor could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 8.0 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Lee Yeow Chor with Israel, the country that invests the most per capita in research in the world, they could cover the total cost of the system for 0.2 years.
Gold
Everyday luxuries
Lee Yeow Chor's fortune is equivalent to 33 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.
A standard gold ring usually weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18 karats.
Based on today's gold price (excluding the jeweler's commission, shipping, or anything else), that ring would be worth $546.86.
Lee Yeow Chor could buy 8,686,256 gold rings. That's a lot of fingers and way too many gifts!!
And if you're struggling to visualize that many rings, it would take 2 trucks to transport them. Although Lee Yeow Chor will almost certainly have enough money left over to pay for the gas.
Biography
Lee Yeow Chor inherited stakes in IOI group, a palm oil and property empire built by his father Lee Sin Cheng.
He and his brother Lee Yeow Seng run the group.
Lee Yeow Chor is group managing director and chief executive of IOI Corporation, the main listed arm.
He holds a law degree from King's College, London.
His brother Lee Yeow Seng, who also studied law, is the CEO of IOI Properties.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison