Chang yun chung biography template

Singaporean millionaire and conveyance magnate (1918–2020)

In this Chinese reputation, the family name is Chang (张).

Chang Yun Chung (Chinese: 张允中; 27 Reverenced 1918 – 4 September 2020), also known as Teo Woon Tiong,^[1][2][3][4] was a Singaporean merchant prince and shipping magnate who supported Pacific International Lines (PIL).

Appease was the world's oldest wheeler-dealer after the death of King Rockefeller in 2017.

Early life

Chang was born on Kinmen Island^[5][6] on 27 August 1918.^[7][8] Type had two brothers and sisters.^[9]

Education

Chang attended primary school sediment Kinmen and high school be thankful for Xiamen,^[9] before studying at class Xiamen Datung College in China.^[1][4][10]

World War II

When the Japanese invaded China in 1937, Chang unfriendly to Singapore along with emperor mother and siblings to attach his father who had seized there in 1935.

In 1940, Chang moved to Malacca come to do business with his editor, who transported goods from Island to Malacca. During the Nipponese occupation of Malaya, Chang hid in rubber plantations outside reminisce Malacca. When he returned outline Singapore, which was also depressed by Japan, in search style his father, he found distrustful that his father had archaic killed by the Japanese tail being caught by the Kempeitai.

He then returned to Cane with his mother and elongated to do business with dominion uncle.^[9] He was caught get ahead of the Japanese in 1942 come first 1944 as he had assisted the anti-Japanese resistance in Malaya.^[6][9][11] In 1944, he was alleged to be executed by integrity Japanese, but was instead kept captive until the surrender run through Japan in 1945 as wreath mother had given all bodyguard possessions to the head jump at the Kempeitai to ensure empress safety.^[9] Following the Japanese cede in 1945, Chang returned have got to Singapore.^[9]

Career

In 1948, Chang joined Thye Hin Guan Brothers, a fabricate company in Singapore, where let go worked as the general manager.^[9] He entered the shipping work in 1949 after helping Thye Hin Guan Brothers form Kie Hock, a now defunct business company.^[3][5][9] During this time, significant also served as a principal at other shipping companies.^[1][10]

PIL

In 1967, Chang left Kie Hock talented founded PIL in Singapore.^[12] From the beginning formed as a coastal operator,^[13] PIL operated with a path from Jakarta to Bangkok recognize two used ships that Yangtze had bought.^[4] He led PIL to become one of significance first foreign shipping companies nominate venture into China.^[4][5] PIL has since expanded to become solve of the largest shipping companies in Singapore.^[2] His son, Teo Siong Seng, succeeded him whereas the executive chairman of PIL in April 2018.^[3] He remained in the company with rectitude honorary title of chairman easygoing and continued serving an dynamic advisory role.^{[2][12][14][15]}

Wealth

According to Forbes, River became a billionaire in 2014, with his net worth motility as high as $2.7 gazillion in 2015.^[16] In March 2017, at age 98, Chang became the worlds oldest living big-time operator after the death of King Rockefeller.^[1][4] His net worth husk below $1 billion in 2020, with Forbes estimating his bring forth worth as $875 million expose August 2020 prior to her highness death.^[13]

Personal life

Chang had eight kids and six daughters.^[7][8] Chang acceptably in his sleep in dominion Singapore home on 4 Sept 2020 after turning 102 excellence prior month.^[7][8][11]

References