
Lee Thiam Wah
$3.65B
as of 04/01/25
About Lee Thiam Wah
Lee Thiam Wah is the founder and CEO of 99 Speed Mart Retail Holdings, Malaysia's largest operator of mini-marts by revenue.
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 nearly 2,700 outlets.
His son Lee Yan Zhong is an alternate director to him; his wife Ng Lee Tieng also sits on the board.
Personal stats
Citizenship
MalaysiaSource of wealth
RetailingResidence
Petaling Jaya, MalaysiaMarital status
MarriedBirth date
01/01/64 (age 61)Number of children
2Self-made
self-madeLee Thiam Wah’s fortune is worth

61K
troy ounces of gold

56K
median U.S. household

36K
median U.S. income

0.073%
U.S. credit card volume

0.015%
GDP of the United States

0.011%
United States debt
Net worth history
Annual ranking
Net worth over time
Real-time ranking
Financial assets
MALAYSIA | 5326-MY
99 Speed Mart RetailMALAYSIA | 2488-MY
Alliance Bank MalaysiaMALAYSIA | 0202-MY
Radiant GlobaltechImages © Forbes.com. All rights reserved.