Jeffrey Cheah
#873

Jeffrey Cheah

Malaysia 81 years old Self-Made

Overview

Source of Wealth
Property, healthcare
Industry
Real Estate
Residence
Kuala Lumpur
Education
Victoria University (Bachelor of Arts/Science)
Marital Status
Married
Children
3

Assets

  • Sunway Bhd.
    3,793,977,000 shares @ -
    -
    5211-MY

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.

About

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.