#413

Leo KoGuan

United States 71 years old Self-Made

Overview

Source of Wealth
IT provider
Industry
Technology
Residence
Singapore
Education
Columbia University (Master)
New York Law School (Law Degree)
Marital Status
Divorced
Children
1

Assets

  • Tesla
    6,920,000 shares @ -
    -
    TSLA-US

Biography

Leo KoGuan is founder and chairman of $15 billion (gross sales) IT provider SHI International, which his ex-wife Thai Lee, also a billionaire, runs as CEO.

Leo, who once claimed to be Tesla's third largest individual shareholder, is now an Elon Musk critic and says he's sold a chunk of his shares.

He posted on X in November that he was "no longer all-in-Tesla" and instead accumulating 3-month Treasury Bils.

Born in Indonesia, Koguan received a master's degree from Columbia University and a law degree from New York Law School.

He says his first investment was in Manhattan real estate, which he then sold to buy a software reseller, SHI's predecessor, for less than $1 million in 1989.

At the start of the pandemic market chaos, he sold most of his stock holdings, including shares of Baidu and Nvidia, to buy long-term Tesla call options.

About

KoGuan bought Singapore's largest penthouse at Guoco Tower's Wallich Residence from UK billionaire James Dyson for about $50 million in 2020.

The law school at Shanghai Jiao Tong University in China was named after him in 2008 after he pledged $30 million.