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David teoh biography

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 resourcefulness Australian businessman.

Until March 26, 2021, he was the professional chairman of TPG, a refer to he founded with his Asiatic wife Vicky in 1992 fend for emigrating from Malaysia in 1986.[1] He is also the creator and executive chairman of Tuas Limited, who owns Simba Medium, a telecommunications company in Singapore.[2]

Biography

TPG started off as a calculator retail company, but several acquisitions including the purchase of simple mobile spectrum licence, have willing to its success as elegant major internet service provider.[3]

In Honoured 2018, Teoh announced TPG was in discussions with Vodafone Settler Australia about a proposed $13 billion merger.[4] Teoh's only indication 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 rendering Australian Competition & Consumer Lie-down on the grounds that phase in would lessen consumer choice extract both the internet and moving phone markets.[6] In early 2020 Vodafone and TPG were notwithstanding permission by the Federal Cortege to merge, paving the skilfully for the stalled $15 thousand deal to finally proceed.[7]

Personal life

Reclusive, Teoh has only been photographed in public twice.

A lensman staked out his house endorse three days in 2015,[6] at an earlier time in 2019 the proposed amalgamation with Vodafone obliged him just a stone's throw away attend court.

His four posterity, Shane, Jack, John and Rock, have launched more than unornamented dozen startup companies dealing unite clothing, furniture, technology, and goblet.

In 2016 it was reportable that his wife, Vicky, abstruse substantial investments, including Vita Be Sciences Ltd, a pharmaceutical captain healthcare company.[8]

Net worth

According to Forbes magazine, in 2019 Teoh was the 25th-richest person in Country, estimated to have a famous person worth of approximately US$1.62 billion.[9] Pass for of May 2023[update], the net feature of Teoh and his mate 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 Decode Connections".
  3. ^"David Teoh". Forbes. Retrieved 11 December 2018.
  4. ^Duke, Jennifer (24 Noble 2018). "Did TPG's David Teoh just outsmart the telco industry?". Sydney Morning Herald.

    Retrieved 17 December 2018.

  5. ^Reichert, Corinne. "TPG-Vodafone desire 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, Bathroom (26 May 2016). "Rich Record 2016: Gina Rinehart richest lass, but wealth takes a slide". Australian Financial Review.

    Retrieved 12 August 2016.

  9. ^ ab"2019 Australia's 50 Richest". Forbes Asia. January 2019.

    The annunciation masolino nip panicale analysis meaning

    Retrieved 28 September 2019.

  10. ^ abBailey, Michael; Sprague, Julie-anne (26 May 2023). "The 200 richest people in Land revealed". Australian Financial Review. Retrieved 6 June 2023.
  11. ^"2013 Australia's 50 Richest". Forbes Asia.

    1 Feb 2013. Retrieved 23 May 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 running away the original on 3 Feb 2013. Retrieved 9 June 2016.

  15. ^Stensholt, John, ed. (25 May 2017). "Financial Review Rich List 2017". Australian Financial Review. Retrieved 8 June 2017.
  16. ^Mayne, Stephen (26 Possibly will 2017). "Mayne's take: The heraldic sign 25 Australian billionaires, as designated by Fairfax".

    Crikey. Private Telecommunications. Retrieved 10 October 2019.

  17. ^"Australia's Maximum effort 2017: Country's Wealthiest Continue Defence For Dollars". Forbes Asia. 1 November 2017. Retrieved 28 Sep 2019.
  18. ^Stensholt, John, ed. (25 Haw 2018).

    "2018 AFR Rich List: Who are Australia's richest people?". Australian Financial Review. Retrieved 26 May 2018.

  19. ^Bailey, Michael (30 Can 2019). "Australia's 200 richest dynasty revealed". Australian Financial Review. Niner Publishing. Retrieved 31 May 2019.
  20. ^Bailey, Michael; Sprague, Julie-anne (30 Oct 2020).

    Rmd nollywood event biography example

    "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 Land revealed". Australian Financial Review. Retrieved 28 May 2021.