Chang Yun Chung, also known as Teo Woon Tiong, 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, and held this title until his death in 2020.
Chang was born in 1918 in Singapore, and began his career in the shipping industry in the 1940s. He founded PIL in 1967, and it quickly became one of the largest shipping companies in the world. He also served as chairman of the Singapore Business Federation and the Singapore Chinese Chamber of Commerce and Industry.
Chang was married to his wife, Tan Siew Lian, for over 70 years. Together, they had 14 children. He was also a philanthropist, donating to various causes such as education, healthcare, and disaster relief.
Chang Yun Chung passed away in 2020 at the age of 102. He was the world’s oldest billionaire, and his legacy will live on through his company and his philanthropic work. He will be remembered as a successful businessman and a generous philanthropist.