$2 Billion         |         Rank #1292

Who is Choo Chong Ngen

He has expanded into the mid-tier market, introducing five more hotel brands since 2009.
His privately held hotel empire, which daughter Carolyn has been helping him run since 2002, has 38 hotels across the island.
Since 2017, he has expanded into Thailand, Malaysia and Australia with seven hotels managed by Travelodge and Holiday Inn.
In 2018, he rebranded his group as Worldwide Hotels. The group plans to open two more hotels in Singapore in 2022. Coming from an average or middle class family, Choo Chong Ngen is one those great persons who have stormed their way to the billionaires list on their own. And currently ranks at 1292 on billionaires list making him one of the wealthiest ever persons on the planet. He is currently 68.0 years old. As of today, Choo Chong Ngen’s net worth is approximately 2 Billion.

Facts about Choo Chong Ngen

To find out what is Choo Chong Ngen Net Worth, how he got there and what is Choo Chong Ngen Salary Per Day, Career, Biography and Childhood details, continue reading below.

Background of Choo Chong Ngen

Choo Chong Ngen was born on 21-04-53 in Singapore. In 1995, he opened his first Hotel 81 using the unit number of his home at the time. He dropped out of school to become a fishmonger to help make ends meet at home. Being raised in the same country, Choo Chong Ngen spent most of his time in nan in the city of Singapore.

Choo Chong Ngen net worth is estimated at 2 Billion Billion to date.

Professional Journey

You will see him often in social media.  Hotel tycoon Choo Chong Ngen made his fortune in textiles before launching his Hotel 81 budget chain in Geylang, Singapore’s red-light district. There was a time when he would have embraced the change that was coming.  He is one of the persons who are always trending in news. In 1995, he opened his first Hotel 81 using the unit number of his home at the time. In his youth, he was adventurous but unknown, but that was years ago. He has expanded into the mid-tier market, introducing five more hotel brands since 2009.
His privately held hotel empire, which daughter Carolyn has been helping him run since 2002, has 38 hotels across the island.
Since 2017, he has expanded into Thailand, Malaysia and Australia with seven hotels managed by Travelodge and Holiday Inn.
In 2018, he rebranded his group as Worldwide Hotels. The group plans to open two more hotels in Singapore in 2022. He learnt to find the excitement that came with change. That curiosity had long left him to where he had come to loathe anything that put him out of his comfort zone. Hotel tycoon Choo Chong Ngen made his fortune in textiles before launching his Hotel 81 budget chain in Geylang, Singapore’s red-light district.
It is to be noted that Choo Chong Ngen is one of the selfmade billionaires in the world and stands at 1292 in most wealthy persons in the world.

FAQs

Here are a few most frequently asked questions about Choo Chong Ngen:

How much is Choo Chong Ngen worth?

Choo Chong Ngen’s net worth is estimated to be 2 Billion.

How old is Choo Chong Ngen?

Choo Chong Ngen was born on 21-04-53, and is currently 68.0 years old.

What is Choo Chong Ngen source of income?

Choo Chong Ngen acquires most part of his wealth from hotels.
 

Concluding Choo Chong Ngen Net Worth

Currently with a net worth of 2 Billion, Choo Chong Ngen stands at 1292 in the world billionaires list. And draws most of his wealth from hotels. Hope you like this information about Choo Chong Ngen. If you like this, then please share it with your friends. This above post is all about the estimated worth of Choo Chong Ngen. Do you have any queries? Feel free to ask via comment section.

Disclaimer: Please keep in mind that this is an estimated net worth of Choo Chong Ngen. Actual worth may vary a little. You can always get information by checking out Leaktown.com.