David Teoh

Net Worth

$2.303B

-0.86% (24h)

David Teoh, a self-made Australian businessman, is the founder of TPG Telecom, one of Australia's leading telecommunications companies. Born in Malaysia, Teoh migrated to Australia in 1986 and established TPG in 1992. His career spans decades within the Telecom industry. Through strategic acquisitions and a focus on value, TPG transformed from a computer retailer to a major internet service provider. David Teoh's net worth reflects his success in the telecom industry and was estimated at $2.3 Billion as of December 16, 2025. He is known for his reclusive nature, and his achievements include building TPG into a major industry player and launching Tuas Limited in Singapore.

The Full Dossier

Early Life

David Siang Hai Teoh was born in Malaysia in 1955 and emigrated to Australia in 1986 at age 31.

Rise to Success

Teoh and his wife Vicky founded TPG (Total Peripherals Group) in 1992, initially as a computer retail company. TPG evolved into a leading internet service provider through strategic acquisitions, including the purchase of a mobile spectrum license. In 2020, TPG merged with Vodafone Hutchison Australia. In 2021, Teoh stepped down as executive chairman. He is also the founder and executive chairman of Tuas Limited, which owns Simba Telecom, a telecommunications company in Singapore. Teoh is known for his reclusive nature; he has only been photographed in public a few times.

Key Business Strategies

David Teoh's rapid growth strategy was based on mergers and acquisitions. He is known for his aggressive pricing and market disruption.

Philanthropy

There is no available data on his specific philanthropy amounts. He is known for being very private.

Career Timeline

2021

Resigned as Executive Chairman

David Teoh resigned as executive chairman of TPG Telecom.

2020

TPG and Vodafone Merger

TPG merged with Vodafone Hutchison Australia, relisted as TPG Telecom.

1992

Founded TPG

David Teoh founded TPG, a computer retail company, with his wife Vicky.

1986

Immigration to Australia

David Teoh emigrated from Malaysia to Australia.

Philanthropic Impact

Unspecified$XB

Not publicly available

Information not available