#2266

David Teoh

Australia 70 years old Self-Made

Overview

Source of Wealth
Telecom
Industry
Telecom
Residence
Sydney
Marital Status
Married
Children
4

Assets

  • TPG Telecom Ltd.
    264,121,000 shares @ -
    -
    TPG-AU
  • Tuas Limited
    172,986,000 shares @ -
    -
    TUA-AU
  • Vitalife Sciences
    8,436,000 shares @ -
    -
    VLS-AU

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.

About

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.