Chang Yun Chung | |
---|---|
张允中 | |
Born | 27 August 1918 |
Died | 4 September 2020 102) | (aged
Nationality | Singaporean |
Other names | Teo Woon Tiong |
Alma mater | Xiamen Datung College |
Children | 14 |
Chang Yun Chung | |||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Simplified Chinese | 张允中 | ||||||||||||||||
Traditional Chinese | 張允中 | ||||||||||||||||
|
Chang Yun Chung (Chinese :张允中;27 August 1918 –4 September 2020),also known as Teo Woon Tiong, [1] [2] [3] [4] was a Singaporean billionaire and shipping magnate who founded Pacific International Lines (PIL). He was the world's oldest billionaire after the death of David Rockefeller in 2017.
Chang was born on Kinmen Island [5] [6] on 27 August 1918. [7] [8] He had two brothers and three sisters. [9]
Chang attended primary school in Kinmen and high school in Xiamen, [9] before studying at the Xiamen Datung College in China. [1] [4] [10]
When the Japanese invaded China in 1937,Chang fled to Singapore along with his mother and siblings to join his father who had moved there in 1935. In 1940,Chang moved to Malacca to do business with his uncle,who transported goods from Sumatra to Malacca. During the Japanese occupation of Malaya,Chang hid in rubber plantations outside of Malacca. When he returned to Singapore,which was also occupied by Japan,in search of his father,he found out that his father had been killed by the Japanese after being caught by the Kempeitai. He then returned to Malacca with his mother and continued to do business with his uncle. [9] He was caught by the Japanese in 1942 and 1944 as he had aided the anti-Japanese resistance in Malaya. [6] [9] [11] In 1944,he was supposed to be executed by the Japanese,but was instead held captive until the surrender of Japan in 1945 as his mother had given all her possessions to the head of the Kempeitai to ensure his safety. [9] Following the Japanese surrender in 1945,Chang returned to Singapore. [9]
In 1948,Chang joined Thye Hin Guan Brothers,a produce company in Singapore,where he worked as the general manager. [9] He entered the shipping business in 1949 after helping 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 shipping companies. [1] [10]
In 1967,Chang left Kie Hock and founded PIL in Singapore. [12] Originally formed as a coastal operator, [13] PIL operated with a route from Jakarta to Bangkok with two used ships that Chang had bought. [4] He led PIL to become one of the first foreign shipping companies to venture into China. [4] [5] PIL has since expanded to become one of the largest shipping companies in Singapore. [2] His son,Teo Siong Seng,succeeded him as the executive chairman of PIL in April 2018. [3] He remained in the company with the honorary title of chairman emeritus and continued serving an active advisory role. [2] [12] [14] [15]
According to Forbes ,Chang became a billionaire in 2014,with his net worth reaching as high as $2.7 billion in 2015. [16] In March 2017,at age 98,Chang became the worlds oldest living billionaire after the death of David Rockefeller. [1] [4] His net worth fell below $1 billion in 2020,with Forbes estimating his net worth as $875 million in August 2020 prior to his death. [13]
Chang had eight sons and six daughters. [7] [8] Chang died in his sleep in his Singapore home on 4 September 2020 after turning 102 the prior month. [7] [8] [11]
The Strait of Malacca is a narrow stretch of water,800 kilometres (500 mi) long and from 65 to 250 km wide,between the Malay Peninsula to the northeast and the Indonesian island of Sumatra to the southwest,connecting the Andaman Sea and the South China Sea. As the main shipping channel between the Indian and Pacific oceans,it is one of the most important shipping lanes in the world.
Tan Sri Datuk Tiong Hiew KingPSM PGBK is the Malaysian Chinese founder and chairman of the Rimbunan Hijau Group,a timber company founded in 1975. Its overseas timber operations in Papua New Guinea is the largest in that country. He also has interests in logging operations in Russia.
Robert Kuok Hock Nien,better known as Robert Kuok,is a Malaysian business magnate,investor and philanthropist based in Hong Kong since 1973. According to Forbes,his net worth is estimated at $11.8 billion as of April 2023,making him the wealthiest Malaysian citizen and 96th wealthiest person in the world. As of April 2023,according to the Bloomberg Billionaires Index 2023,Kuok has an estimated net worth of $17.7 billion,making him the 97th richest person in the world.
South Korea competed as Korea at the 2000 Summer Olympics in Sydney,Australia. Athletes from North and South Korea marched together in the opening ceremony under the Korean Unification Flag. 281 competitors,175 men and 106 women,took part in 144 events in 26 sports.
Chung Thye PhinMSC,JP was a Chinese Malayan business magnate,planter,miner,bureaucrat,and philanthropist who served as the last Kapitan Cina of Perak and Malaya. He was reported to be the richest man in Penang.
Chung Do Kwan,created by Won Kuk Lee in 1944,is one of the first of nine schools or kwan teaching Tang Soo Do. Later,the school began to teach what came to be known as taekwondo. This style of Tang Soo Do is known for its overall power and emphasis on kicks to the head.
Immortal Admiral Yi Sun-sin is a South Korean television series based on the life of Yi Sun-sin,a Korean admiral famed for his victories against the Japanese navy during the Imjin war in the Joseon period.
The architecture of Penang reflects the 171 years of British presence on the island,coalescing with local,Chinese,Indian,Islamic and other elements to create a unique and distinctive brand of architecture. Along with Malacca,Penang is an architectural gem of Malaysia and Southeast Asia. Unlike Singapore,also a Straits Settlement,where many heritage buildings had to make way for modern skyscrapers and high-rise apartments due to rapid development and acute land scarcity,Penang's architectural heritage has enjoyed a better fate. Penang has one of the largest collections of pre-war buildings in Southeast Asia. This is for the most part due to the Rent Control Act which froze house rental prices for decades,making redevelopment unprofitable. With the repeal of this act in 2000 however,property prices skyrocketed and development has begun to encroach upon these buildings,many of which are in a regrettable state of disrepair. The government in recent years has allocated more funding to finance the restoration of a number of derelict heritage buildings,most notably Suffolk House,City Hall and historic buildings in the old commercial district.
Seoul 1945 is a 2006 South Korean period television series starring Ryu Soo-young,Han Eun-jung,So Yoo-jin,Kim Ho-jin,and Park Sang-myun. It aired on KBS1 from January 1 to September 26,2006,on Saturdays and Sundays at 21:30 for 71 episodes.
Tan Sri Dato' Sri Liow Tiong Lai is a Malaysian politician and nutritionist who served as Minister of Transport,Minister of Health,Deputy Minister of Youth and Sports in the Barisan Nasional (BN) administration under former Prime Ministers Abdullah Ahmad Badawi and Najib Razak as well as former Minister Azalina Othman Said from February 2006 to May 2018. He also served as the Member of Parliament (MP) for Bentong from November 1999 to May 2018. In addition,he served as 10th President of the Malaysian Chinese Association (MCA),a component party of the ruling BN coalition,from December 2013 to November 2018.
Pacific International Lines (PIL) is a Singaporean shipping company incorporated in Singapore on 16 March 1967. It was founded by Singaporean entrepreneur Chang Yun Chung,who was the world's oldest billionaire until he died at 102 in September 2020.
Yun Chi-Young was a Korean independence activist,journalist,and politician,diplomat of South Korea. He was the first Interior Minister (1948),2nd Republic of Korea Ambassador to France from 1950 to 1951,1st,2nd and 3rd National Assembly of South Korea and 13th Mayor of Seoul from 1963 to 1966. His art name is Dongsan (Korean: 동산).
Events from the year 1994 in South Korea.
God of War,also known by the alternative title,Warrior K,is a 2012 South Korean television series starring Kim Joo-hyuk as the real-life historical figure Kim Jun who was written about in the Goryeosa. It aired on MBC from February 11 to September 15,2012,on Saturdays and Sundays at 20:40 for 56 episodes.
Khouw Kim An,5th Majoor der Chinezen was a high-ranking Chinese Indonesian bureaucrat,public figure and landlord who served as the fifth and last Majoor der Chinezen of Batavia,Dutch East Indies. The Chinese Mayoralty was the highest-ranking,Chinese government position in the East Indies with considerable political and judicial jurisdiction over the colony's Chinese subjects. The Batavian Mayoralty was one of the oldest public institutions in the Dutch colonial empire,perhaps second only in antiquity to the viceregal post of Governor-General of the Dutch East Indies.
Tiong Bahru Secondary School,established in 1966 and merged with Delta Secondary School in 1991,was one of the first bilingual integrated (混合中学) secondary schools built after Singapore Independence. It had both Chinese and English streams,attracting students from nearby primary schools in Tiong Bahru,Bukit Ho Swee and Delta Road areas.
{{cite book}}
: CS1 maint: location missing publisher (link)