Tan Sri Dato’ Seri
Vincent Tan Chee Yioun, also known as Vincent Tan. He was born in February,
1952 at Batu Pahat, Johor. He graduated from an English secondary school. He is
one of the businessman and investor in Malaysia. Before he started to his current
business, he has been started up business in trade, silver car industry,
insurance agent, housing development and others. He is the founder of Berjaya
Corporation Berhad, a conglomerate listed on the Malaysian stock exchange. It
core businesses include consumer marketing and direct selling, property
investment and development, hotels and resorts, recreation development and
telecommunication and information.
He grew up from a poor
family and this caused his parents could not even afford for his proper education.
After graduate from secondary school, he was planning to further his study in
law at oversea. However, at that moment, his plan was fail due to his father business
was on the risk. So he ended up working instead, he worked as a clerk in a bank
in case to help his family. He also looks for another job at the same time, he
started his part-time job as an insurance agent at the American International
Assurance Company. Finally he was promoted to Senior Sales Manager within four
years with his high ability and talent. At that moment, Tan Sri Vincent Tan was
just 23 years old and this had given the people a force of example.
As an entrepreneur, proactive is a
vital skill entrepreneur must own. A proactive entrepreneur is aware of
something changes, quickly thinking and take action in perfect timing. They
create their own environment, future and business. Proactive let him worked
hard to find out opportunity to develop his business. Tan Sri Vincent Tan is the first one of Malaysian who
brought in the McDonald’s franchise business into Malaysia in 1980s.
Tan Sri Vincent Tan has big turning
points in his life, which has helped him to be the successful man for today.
His first turning point is when he saw magazine’s article which entitle “Hamburger
Kingdom”. Tan Sri Vincent Tan was attracted by the idea and he decided to
pursue his dream of opening a McDonald’s franchise in Malaysia. He sent them
some news report and article about fast food business, economic and information
about Malaysia every week. At first his application was rejected, but he does
not give up easily and continue to apply over and over again, till one day his
application was approved. In
December of 1980, Tan Sri Dato’ Seri Vincent Tan successfully grab the
opportunity as the master franchise in McDonald. At that time, he hold 51% of
stake and the first McDonald shop is open at Jalan Bintang, Kuala Lumpur.
succession of McDonald do not satisfy Tan Sri Dato’ Seri Vincent Tan so he
continue to expand his business. Tan Sri Dato’ Seri Vincent Tan successfully
buy a company name as Berjaya-Kawat with holding 37.8% of stake in 1982. And at
that time he change the company name from Berjaya Kawat to Berjaya Group. In
1985, when the lottery agency was privatised by the government Tan Sri Dato’ Seri Vincent
Tan bought Sports Toto. Tan obtained the license for his
lottery business from an non-tendered privatisation in 1985.
Tan Sri Vincent Tan with an
estimated worth of US$1.3 billion (RM4.2
billion) entered the Forbes billionaire list in 2010. Tan’s success in the Malaysian business sector has
been proven that nothing is impossible in this land of opportunity even though
without advantage of higher education. Tan Sri Vincent Tan was a person that
create miracle in the business.