Portrait of David Teoh

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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