Monday, August 22, 2011

Teh Hong Piow Estimated Net Worth In 2011 | Who Is The Richest Person In Malaysia

Teh Hong Piow  Net Worth In August 2011 : $4.7 Billion (USD)

Teh Hong Piow

Teh Hong Piow (14 March, 1930), the Chairman of Public Bank Berhad in Malaysia, was born in Singapore.He is 223rd richest person in the world and the 5th richest in Malaysia. He attended his formal primary and secondary education at the Anglo-Chinese School in Singapore. He has been married to Puan Sri Tay Sock Noy since 1956 and they have four children - three daughters and a son.

He began his banking career in 1950 as a Bank Clerk in Overseas-Chinese Banking Corporation Ltd. and rose in rank to officer within five years. He joined Malayan Banking Berhad as Manager in 1960. Later in 1964, he was promoted to the position of General Manager at the young age of 34. Teh then left Malayan Banking in 1966 to set up Public Bank.

One of Malaysia's wealthiest businessmen, Piow obtained three degrees at the unaccredited Pacific Western University and two PhDs at Clayton University and University Malaya.

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