Lee Seng Wee
Encyclopedia
Lee Seng Wee is a billionaire
Billionaire
A billionaire, in countries that use the short scale number naming system, is a person who has a net worth of at least one billion units of a given currency, usually the United States dollar, Euro, or Pound sterling. Forbes magazine updates a complete list of U.S. dollar billionaires around the...

 from Singapore
Singapore
Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...

, having a net worth of US$1.9 billion in 2004. He is the son of Lee Kong Chian
Lee Kong Chian
Lee Kong Chian , was a prominent businessman and philanthropist and the founder of The Lee Foundation in Singapore. He was one of Southeast Asia's richest men in the 1950s and 1960s. He was the son-in-law of philanthropist Tan Kah Kee.-Early life:...

. He studied at the University of Toronto
University of Toronto
The University of Toronto is a public research university in Toronto, Ontario, Canada, situated on the grounds that surround Queen's Park. It was founded by royal charter in 1827 as King's College, the first institution of higher learning in Upper Canada...

 and the University of Western Ontario
University of Western Ontario
The University of Western Ontario is a public research university located in London, Ontario, Canada. The university's main campus covers of land, with the Thames River cutting through the eastern portion of the main campus. Western administers its programs through 12 different faculties and...

, where he received a Master's degree
Master's degree
A master's is an academic degree granted to individuals who have undergone study demonstrating a mastery or high-order overview of a specific field of study or area of professional practice...

. He was the chairman of Singapore's third-largest bank, Oversea-Chinese Banking Corporation
Oversea-Chinese Banking Corporation
The Oversea-Chinese Banking Corporation Limited , abbreviated as OCBC Bank , is a publicly listed financial services organisation with its head office in Singapore. OCBC Bank is one of Singapore's leading local banks, with group assets of more than 224 billion SGD. It has one of the highest bank...

(OCBC), and orchestrated a $2.4 billion takeover bid for Singapore's sixth-largest bank, Keppel Capital Holdings, in June 2001. In 2003, Lee stepped down as chairman and moved to a non-executive position.

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