Chen Lip Keong

Malaysian billionaire and businessman (1948–2023)

Chen Yiy Hwuan
Chen Yiy Fon
Chen Yepern^[1]

Tan Sri Chen Lip Keong (simplified Chinese: 曾立强; 22 July 1948 – 8 December 2023) was a Malaysian businessman with interests in integrated resorts, property and energy. Chen was known for founding the NagaWorld casino in Phnom Penh, the only integrated resort in Cambodia.

In 2022, Chen was the seventh-richest man in Malaysia.^[2]

Early life and education

Chen was born in 1948 in Kuala Lumpur, the capital of Malaysia. Chen was of Chinese ethnicity. Chen grew up in Kinta Valley, Malaysia.^[3]

Chen graduated from University of Malaya.^[3]

Career

Chen's career started as a medical doctor of general practice.^[3]

In 1994, Chen was the first to win the casino license from Cambodia.^[3]

Chen was the CEO of NagaCorp, parent company of NagaWorld casino resort complex in Phnom Penh.^[3] Chen also built Naga2, a twin tower.^[3] They are connected by NagaCity Walk, an underground shopping mall.^[3]

Death

Chen Lip Keong died in the United States on 8 December 2023, at the age of 75.^[4]

Honours

Malaysia :
- Companion of the Order of the Defender of the Realm (JMN) (1990)
- Commander of the Order of Loyalty to the Crown of Malaysia (PSM) – Tan Sri (1995)^[5]
Pahang :
- Knight Companion of the Order of the Crown of Pahang (DIMP) – Dato'
Selangor :
- Knight Companion of the Order of Sultan Salahuddin Abdul Aziz Shah (DSSA) – Dato' (1988)^[6]

References

^ "Chen makes takeover offer for Petaling Tin". focusmalysia.my. 29 April 2016. Retrieved 10 December 2018.
^ "Chen Lip Keong". Forbes. Retrieved 6 April 2023.
^ ^a ^b ^c ^d ^e ^f ^g "Billionaire Chen Lip Keong's Cambodia Bet Paid Off". Forbes. March 2018. Retrieved 10 December 2018.
^ "NagaCorp boss Chen Lip Keong passes away at 75 — report". The Edge Malaysia. Retrieved 10 December 2023.
^ "Semakan Penerima Darjah Kebesaran, Bintang dan Pingat". Archived from the original on 19 July 2019. Retrieved 25 August 2018.
^ "DSSA 1988". awards.selangor.gov.my.