Rank #2189
David Teoh
Net worth $1.9B
Telecom · Australia
- Born
- Jan 01, 1956
- Age
- 70
- Source
- Telecom
- Residence
- Sydney
- Citizenship
- Australia
- Marital status
- Married
- Children
- 4
- Education
Net worth over time
Biography
- David Teoh is the founder of Australia's TPG Telecom. He emigrated from Malaysia in 1986.
- A series of smart acquisitions transformed the company from a computer retailer into a major internet service provider in Australia.
- Teoh's listed internet service provider TPG merged with Vodafone Hutchison Australia in 2020 and was relisted as TPG Telecom.
- He resigned as executive chairman in 2021.
- His Simba Telecom (formerly TPG Singapore) is looking to buy Singapore telecoms outfit M1 In a $1.1 billion deal, pending regulatory approval.
- Famously publicity-shy, Teoh managed to avoid all media photographers until one staked out his Sydney home for three days in 2015.
- His wife Vicky and their four sons have launched more than a dozen startups. They've also started a property investment company.
Financial assets
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