Australia’s secretive billionaire David Teoh steps into media spotlight

Teoh, who despite running one of Australia’s largest telcos has managed to maintain anonymity, runs gauntlet of media

Finally, the reclusive billionaire emerged. David Teoh, estimated to be worth $3bn, made his debut before the cameras on a fine spring day outside the federal court in Melbourne on Wednesday.

As he stepped into the witness stand shortly after 3pm, Teoh gave away the extraordinary level of anonymity he’d been able to maintain even while running one of Australia’s biggest telecommunications companies, TPG.

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From our friends over at the : Business | The Guardian


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