David Teoh’s profile picture

David Teoh

David Teoh’s profile picture
Net worth 2018: $1.54 Billion
Industry: Telecom
Residence: Sydney, Australia
Country: Australia
BirthDay: 1955
Children: 4
BIOGRAPHY

David Teoh was bornon 1955 in Sydney, Australia, Australia. David Teoh is #1517 in List Billionaires People In The World. A series of smart acquisitions has transformed David Teoh's TPG Telecom from a computer retailer into a major internet service provider in Australia. One of his latest purchases was a splurge on a mobile spectrum license to build Australia's Fourth network. Today Teoh, who is executive chairman, owns more than a third of the company with his wife, Vicky, who helped him get started but is no longer involved. Vicky and their four sons have launched more than a dozen startups in clothing, accessories, furniture, consumer technology, men's shoes and eyeglasses. They've also started a property investment company. Famously publicity-shy, Teoh, who emigrated from Malaysia in 1986, managed to avoid all media photographers until one staked out his Sydney home for three days in 2015.

NET WORTH STATISTIC
2016

$2.1 Billion

2017

$1.6 Billion

2018

$1.54 Billion

TIMELINE
2011

David Siang Hai Teoh is an Australian businessman, and the 11th-richest person in Australia

1992

He is the executive chairman of TPG, a company he founded with his Taiwanese wife Vicky in 1992 after emigrating from Malaysia in 1986

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