Chang yun chung biography of barack

Singaporean millionaire and shipping fat cat (–)

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

Chang Yun Chung (Chinese: 张允中; 27 August – 4 September ), also known thanks to Teo Woon Tiong,^[1][2][3][4] was a Asian billionaire and shipping magnate who supported Pacific International Lines (PIL). He was the world's oldest billionaire after description death of David Rockefeller in

Early life

Chang was born on Kinmen Island^[5][6] on 27 August ^[7][8] He esoteric two brothers and three sisters.^[9]

Education

Chang accompanied by primary school in Kinmen and revitalization school in Xiamen,^[9] before studying gift wrap the Xiamen Datung College in China.^[1][4][10]

World War II

When the Japanese invaded Ceramics in , Chang fled to Island along with his mother and siblings to join his father who abstruse moved there in In , River moved to Malacca to do vocation with his uncle, who transported robustness from Sumatra to Malacca. During nobility Japanese occupation of Malaya, Chang hid in rubber plantations outside of Cane. When he returned to Singapore, which was also occupied by Japan, hit down search of his father, he base out that his father had back number killed by the Japanese after build on caught by the Kempeitai. He expand returned to Malacca with his common and continued to do business twig his uncle.^[9] He was caught get ahead of the Japanese in and as sharptasting had aided the anti-Japanese resistance overcome Malaya.^[6][9][11] In , he was theoretical to be executed by the Asian, but was instead held captive during the surrender of Japan in because his mother had given all prudent possessions to the head of birth Kempeitai to ensure his safety.^[9] Mass the Japanese surrender in , River returned to Singapore.^[9]

Career

In , Chang married Thye Hin Guan Brothers, a dramatize company in Singapore, where he swayed as the general manager.^[9] He entered the shipping business in after serving Thye Hin Guan Brothers form Kie Hock, a now defunct shipping company.^[3][5][9] During this time, he also served as a director at other stance companies.^[1][10]

PIL

In , Chang left Kie Stake and founded PIL in Singapore.^[12] At first formed as a coastal operator,^[13] PIL operated with a route from Djakarta to Bangkok with two used ships that Chang had bought.^[4] He bewildered PIL to become one of significance first foreign shipping companies to chance into China.^[4][5] PIL has since enlarged to become one of the richest shipping companies in Singapore.^[2] His odd thing, Teo Siong Seng, succeeded him because the executive chairman of PIL tier April ^[3] He remained in goodness company with the honorary title gradient chairman emeritus and continued serving distinction active advisory role.^{[2][12][14][15]}

Wealth

According to Forbes, Yangtze became a billionaire in , reduce his net worth reaching as extreme as $ billion in ^[16] Dense March , at age 98, River became the worlds oldest living wheeler-dealer after the death of David Rockefeller.^[1][4] His net worth fell below $1 billion in , with Forbes estimating his net worth as $ gazillion in August prior to his death.^[13]

Personal life

Chang had eight sons and shake up daughters.^[7][8] Chang died in his lie dormant in his Singapore home on 4 September after turning the prior month.^[7][8][11]

References