BillionaireNet
Poh
Chua Thian Poh
Rank #2558
SINGAPOREreal-estateReal estate

Chua Thian Poh

Net Worth
$1.416B
-0.28% (24h)
Chua Thian Poh, born July 11, 1948, is a prominent Singaporean real estate magnate and philanthropist. With a current net worth of $1.4 billion, his wealth stems primarily from his founding and leadership of Ho Bee Land, a major property development firm. His career began outside of the traditional academic path, and now he is recognized for his business acumen. Beyond his business success, Chua has demonstrated a strong commitment to philanthropy, particularly in education and community development through the Chua Foundation. Chua Thian Poh is also actively involved in public service and community leadership, holding various honorary positions in Singaporean organizations.

The Full Dossier

Early Life

Chua Thian Poh was born in Singapore on July 11, 1948, the seventh of fourteen children. His mother, Seah Sar, instilled in him the value of hard work and giving back to society. He attended Serangoon Garden Technical Secondary School, leaving at age 16 to join his father's production company. Chua's early career saw him involved in various ventures, including an import/export business in Jakarta, Indonesia.

Rise to Success

Chua founded Ho Bee Group in 1987 at age 39 and is currently the Chairman and Chief Executive Officer of Ho Bee Land. He made his first million at 21 years old, and he has since expanded Ho Bee Land's portfolio globally, with significant projects in London, Shanghai, and Australia. Ho Bee Land was listed on the Singapore Exchange in 1999.

Key Business Strategies

Chua's business approach emphasizes fairness, with a focus on long-term relationships with stakeholders. A core strategy includes diversification, which allowed him to grow throughout the Asian Financial Crisis. Key business moves include acquisitions like The Scalpel in London's financial district in 2022. Ho Bee Land has also focused on developing luxury residential properties in Sentosa Cove and has a strong presence in the commercial real estate market.

Philanthropy

Chua Thian Poh is well-known for his philanthropic endeavors. The Chua Foundation, established in 2015 with his siblings, supports underfunded causes, particularly those focused on special needs and the elderly. Chua has also donated millions to educational institutions in Singapore, including the National University of Singapore (NUS) and Nanyang Technological University (NTU). In 2019, he was awarded an Honorary Doctor of Letters by NUS in recognition of his contributions to education and the community.

Career Timeline

2019

Honorary Doctor of Letters

Received an Honorary Doctor of Letters from the National University of Singapore (NUS).

2014

Distinguished Service Order

Conferred the Distinguished Service Order at the National Day Awards.

2012

President's Award for Philanthropy

Awarded the President's Award for Philanthropy (Individual).

2006

Businessman of the Year

Awarded the 'Businessman of the Year' at the Singapore Business Awards.

1999

Chairman and Chief Executive Officer of Ho Bee Land

Appointed Chairman and CEO of Ho Bee Land after the company was listed on the Singapore Exchange.

1987

Founder of Ho Bee Group

Founded Ho Bee Group, a real estate development and investment company.

Philanthropic Impact

Social Services$7.5M

Chua Foundation

Started in 2015 to support underfunded causes, particularly for those with special needs and the elderly.

Education$5M

NUS Community Leadership Centre

Donation to launch the Chua Thian Poh Community Leadership Centre, an academic unit within NUS to develop community leaders.

Education$5M

NTU Entrepreneurship Fund

Donated to Nanyang Technological University to establish an entrepreneurship fund.

Education$2.6M

SIT Campus

Donation to Singapore Institute of Technology to support campus development and a bursary.

Wealth Trajectory