Khoo Teck Puat

Banker, Organization founder

1917 – 2004

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Who was Khoo Teck Puat?

Tan Sri Khoo Teck Puat was a banker and hotel owner, who, with an estimated fortune of S$4.3 billion, was the wealthiest man in Singapore at one point. He owned the Goodwood Group of boutique hotels in London and Singapore and was the largest single shareholder of the British bank Standard Chartered. The bulk of his fortune came from shares in Standard Chartered, which he bought up in the 1980s to help thwart Lloyds Bank's proposed acquisition which many financiers deemed hostile. The Goodwood Park Hotel in Singapore, built in 1900, is a restored historic landmark.

He was ranked as the 108th richest person in the world by the business magazine Forbes in 2004. Khoo's estate has donated S$80 million to Duke University.

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Born
Jan 13, 1917
Singapore
Also known as
  • Tan Sri Khoo Teck Puat
Parents
Spouses
Children
Nationality
  • Singapore
  • Malaysia
  • Australia
Profession
Education
  • St. Joseph's Institution, Singapore
Died
Feb 21, 2004
Singapore

Submitted
on July 23, 2013

Citation

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