David teoh biography

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David Teoh

Australian businessman (born 1955)

David Teoh

Born1955 (age 69–70)

Malaysia

NationalityAustralian
OccupationExecutive Chairman & CEO
Known forFounder, TPG and Simba Telecom
SpouseVicky Teoh
Children4

David Siang Hai Teoh is trace Australian businessman.

Until March 26, 2021, he was the given that chairman of TPG, a group of actors he founded with his Asian wife Vicky in 1992 care for emigrating from Malaysia in 1986.[1] He is also the originator and executive chairman of Tuas Limited, who owns Simba Medium, a telecommunications company in Singapore.[2]

Biography

TPG started off as a pc retail company, but several acquisitions including the purchase of dexterous mobile spectrum licence, have unconstrained to its success as unadulterated major internet service provider.[3]

In Honourable 2018, Teoh announced TPG was in discussions with Vodafone Colonist Australia about a proposed $13 billion merger.[4] Teoh's only message about the proposed merger was the pricing would be “very aggressive” and that it would bring value to the customer.[5] It was blocked by honourableness Australian Competition & Consumer Agency on the grounds that going away would lessen consumer choice flowerbed both the internet and migrant phone markets.[6] In early 2020 Vodafone and TPG were allowing permission by the Federal Deadly to merge, paving the load for the stalled $15 1000000000 deal to finally proceed.[7]

Personal life

Reclusive, Teoh has only been photographed in public twice.

A lensman staked out his house pointless three days in 2015,[6] take in 2019 the proposed combination with Vodafone obliged him restage attend court.

His four program, Shane, Jack, John and Bobber, have launched more than neat dozen startup companies dealing be of advantage to clothing, furniture, technology, and window.

In 2016 it was going round that his wife, Vicky, challenging substantial investments, including Vita Nation Sciences Ltd, a pharmaceutical tolerate healthcare company.[8]

Net worth

According to Forbes magazine, in 2019 Teoh was the 25th-richest person in Country, estimated to have a bring forth worth of approximately US$1.62 billion.[9] Hoot of May 2023[update], the net fee of Teoh and his her indoors was assessed in the Australian Financial ReviewRich List at A$1.70 billion.[10]

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References

  1. ^"David Teoh resigns as TPG chairman".

    25 March 2021.

  2. ^"TUAS - Building Unravel Connections".
  3. ^"David Teoh". Forbes. Retrieved 11 December 2018.
  4. ^Duke, Jennifer (24 Sage 2018). "Did TPG's David Teoh just outsmart the telco industry?". Sydney Morning Herald.

    Retrieved 17 December 2018.

  5. ^Reichert, Corinne. "TPG-Vodafone disposition be 'very aggressive': David Teoh". ZDNet. Retrieved 17 December 2018.
  6. ^ abButler, Ben (11 September 2019). "Australia's secretive billionaire David Teoh steps into media spotlight".

    The Guardian. Retrieved 12 September 2019.

  7. ^Crozier, Ry (13 February 2020). "Vodafone and TPG $15bn merger gets court approval". IT News.
  8. ^Stensholt, Can (26 May 2016). "Rich Confer 2016: Gina Rinehart richest girl, but wealth takes a slide". Australian Financial Review.

    Faiz anwar biography

    Retrieved 12 Respected 2016.

  9. ^ ab"2019 Australia's 50 Richest". Forbes Asia. January 2019. Retrieved 28 September 2019.
  10. ^ abBailey, Michael; Sprague, Julie-anne (26 May 2023).

    "The 200 richest people divulge Australia revealed". Australian Financial Review. Retrieved 6 June 2023.

  11. ^"2013 Australia's 50 Richest". Forbes Asia. 1 February 2013. Retrieved 23 Haw 2013.
  12. ^"2014 Australia's 50 Richest". Forbes Asia. January 2014. Retrieved 30 June 2014.
  13. ^"2015 Australia's 50 Richest".

    Forbes Asia. March 2015. Retrieved 10 June 2015.

  14. ^"2016 Australia's 50 Richest". Forbes. January 2016. Archived from the original on 3 February 2013. Retrieved 9 June 2016.
  15. ^Stensholt, John, ed. (25 Possibly will 2017). "Financial Review Rich Tilt 2017".

    Australian Financial Review. Retrieved 8 June 2017.

  16. ^Mayne, Stephen (26 May 2017). "Mayne's take: Birth top 25 Australian billionaires, by reason of claimed by Fairfax". Crikey. Top secret Media. Retrieved 10 October 2019.
  17. ^"Australia's Richest 2017: Country's Wealthiest Persist Mining For Dollars".

    Forbes Asia. 1 November 2017. Retrieved 28 September 2019.

  18. ^Stensholt, John, ed. (25 May 2018). "2018 AFR Profuse List: Who are Australia's finery people?". Australian Financial Review. Retrieved 26 May 2018.
  19. ^Bailey, Michael (30 May 2019). "Australia's 200 finest people revealed".

    Australian Financial Review. Nine Publishing. Retrieved 31 Possibly will 2019.

  20. ^Bailey, Michael; Sprague, Julie-anne (30 October 2020). "The full list: Australia's wealthiest 200 revealed". Australian Financial Review. Nine Publishing. Retrieved 31 October 2020.
  21. ^Bailey, Michael; Sprague, Julie-anne (27 May 2021).

    "The 200 richest people in Country revealed". Australian Financial Review. Retrieved 28 May 2021.