Khoo Teck Puat

Tan Sri Khoo Teck Puat (Chinese: 邱德拔; Pe̍h-ōe-jī: Khu Tek-poa̍t; pinyin: Qiū Débá; 13 January 1917 – 21 February 2004) was a banker and hotel owner, who, with an estimated fortune of S$4.3 billion (US$3,195,953,500), was the wealthiest man in Singapore at one point.

He owned the Goodwood Group of boutique hotels in London and Singapore and was the largest single shareholder of the British bank Standard Chartered.

The bulk of his fortune came from shares in Standard Chartered, which he bought up in the 1980s to help thwart Lloyds Bank's proposed acquisition which many financiers deemed hostile.

[7] In 1965, Khoo was ousted from Maybank by the Malaysian government under Deputy Prime Minister Tun Abdul Razak on the pretext of pumping the bank's money into his own private firm in Singapore.

In 1981, Khoo bought Australia's Southern Pacific Hotel Corporation – parent of the Travelodge chain – using funds from the National Bank of Brunei.

In 1990, Khoo made a contribution of S$10 million to the Singapore government's 25th anniversary charity fund – to help children, the elderly and the disabled.

In 2004, after Khoo died at Mount Elizabeth Hospital from a heart attack, it was revealed that he has a bigger stake in three of his listed companies Goodwood Park, Hotel Malaysia and Central Properties than it was disclosed to the Singapore Exchange.