Teh Hong Piow Net Worth, Wiki Bio, Source Income, Salary, Earnings, Nationality, Age

Teh Hong Piow Net Worth

Wiki Biography of Teh Hong Piow

Teh Hong Piow, a businessman of Chinese heritage, was born on March 14, 1930, in Singapore. He is well recognized around the world as the founder and Chairman of Public Bank Berhad in Malaysia.
Do you know how wealthy Teh Hong Piow is as of mid-2016? According to reliable sources, The Hong Piow’s net worth is believed to be at least $5 billion, which he has amassed over the course of a 60-year career as a businessman.

Teh Hong Piow has a net worth of $5 billion dollars.

Teh Hong Piow’s mother died when he was six years old, but his siblings increased to ten with his father’s second marriage. He attended Singapore’s Anglo-Chinese School and planned to study law, but his family’s finances didn’t allow him to pursue his dream. He does, however, have three degrees from Pacific Western University, now California Miramar University, in San Diego, California, which offers distance learning courses but is not accredited. He also possesses two PhDs, one from Clayton University (which was similarly unaccredited) and the other from the University of Malaya, the country’s oldest university.

Teh Hong Piow began his professional career in 1950, when he was hired as a bank clerk by the Chinese Banking Corporation Ltd. He worked in that position for five years before being promoted to officer, which just added to his wealth and motivated him to keep up the good work. With time and expertise as an accountant, his job possibilities increased, and he left the Chinese Banking Corporation to join the Malayan Banking Berhad as a manager, boosting his net worth even more. Teh Hong Piow, who was only 34 years old at the time, was elevated to General Manager after four years of excellent management.

Teh Hong Piow, however, was pushed by his ambition and quit Malayan Banking Berhad two years later, at the age of 36, to start his own company, Public Bank Berhad. Since then, his career has only progressed, and his net worth has risen to an astonishing $5 billion, making him Malaysia’s fourth richest person. He still owns a 24 percent share in the bank, which is currently Malaysia’s third largest but has expanded to numerous other nations in the region. Teh Hong Piow and his firms have never been accused of corruption, which is unusual for businesses in the region, and he is noted for upholding strong corporate ethics norms, as well as being recognized as one of the most open and transparent organizations.

The Hong Piow has been married to Puan Sri Tay Sock Noy since 1956, and the couple has four children together.

Net Worth $5 Billion
Date Of Birth March 14, 1930
Place Of Birth Singapore
Profession Businessman
Education Anglo-Chinese School
Spouse Puan Sri Tay Sock Noy
Siblings Hong Khiam Teh
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