Early Life
Tan Yu Yeh was born in a small town in Malaysia, where he grew up in a family that valued hard work and determination. From a young age, he exhibited an entrepreneurial spirit, always seeking innovative solutions to everyday problems. This early drive set the stage for his future ventures. Tan pursued higher education at the University of Malaya, where he earned a Bachelor of Science degree.
Rise to Success
After his studies, Tan worked as an engineer and then as a remisier. In 2005, he co-founded Mr. D.I.Y. with his brother, Tan Yu Wei. Initially, the first store had a modest appearance. The company expanded its store count between 2005 and 2008, and the concept took off once it entered malls. Mr. D.I.Y. quickly gained popularity by offering a wide range of affordable and high-quality home improvement products. The company was listed on the Malaysian stock exchange in 2020, making Tan and his brother billionaires.
Key Business Strategies
Tan's success can be attributed to his strategic approach to expansion. He focused on opening new stores in strategic locations, ensuring accessibility for a wide customer base. Mr. D.I.Y. committed to offering reliable products at affordable prices, which built trust and loyalty among customers.
Philanthropy
Beyond business, Tan is known for his philanthropic endeavors, supporting various charitable organizations. In 2020, he donated RM10 million to the National Disaster Management Agency in the fight against the COVID-19 pandemic.