⬅ # 426 George Lucas|# 428 Bruce Kovner

# 427 Leo Koguan 

$6.68B

Real Time Net Worth
as of 4/20/2024
-$57.1M (-0.86%)

# 427 Leo Koguan 

$6.68B

Real Time Net Worth
as of 4/20/2024
-$57.1M (-0.86%)
OccupationFounder and Chair, SHI International
Source of WealthIT Provider
Age69
ResidenceSingapore, Singapore
Marital StatusDivorced
Children1
EducationMaster, Columbia University; Law Degree, New York Law School
Age-Adjusted Net Worth$3.63B
Leo Koguan
Leo Koguan
United States
Net worth: $6.68B

Self-Made Score 

Wealth History

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Biography

Early and Personal Life

Leo Koguan was born in Indonesia in 1955 to Chinese parents.
He immigrated to the United States and pursued higher education, graduating from Columbia University's School of International and Public Affairs and New York Law School.
In 1989, Koguan married Thai Lee, who later became the President and CEO of SHI International. They divorced in 2002.
Leo Koguan is currently a U.S. citizen and resides in Singapore.

Career and Investments

Koguan's initial investment ventures began with Manhattan real estate, which he later sold to acquire a software reseller, SHI's predecessor, for less than $1 million in 1989.
He co-founded SHI International Corp., an enterprise software company headquartered in Somerset, New Jersey, with Thai Lee.
Leo Koguan became a prominent figure in the investment world, particularly known for his interest in Tesla, claiming to be the biggest investor in the company worldwide.
At the onset of the pandemic market turmoil, Koguan sold most of his stock holdings, including shares of Baidu and Nvidia, to purchase long-term Tesla call options.
Koguan amassed significant wealth through his investments, with Tesla shares constituting the bulk of his fortune.
Leo Koguan diversified his investments, also having a stake in luxury hotel development in Shanghai's Xintiandi district through shares in Shui On Land.

Philanthropy

Koguan donated $30 million to Shanghai Jiao Tong University, which renamed its law school in his honor.
Additionally, Koguan contributed $28 million to Peking University, resulting in the naming of one of its law school buildings after him.
Fudan University received a $12.5 million donation from Koguan, resulting in the naming of its law building after him.

How long would it take you to become as rich as Leo Koguan?

If you started with $10,000 and invested an additional $500 each month at a 43.95% CAGR, it would take you 5 years to reach Leo Koguan's net worth of $6.68B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 34.07% compared to 5.08% for the S&P 500 benchmark.

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Leo Koguan is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Leo Koguan, IT Provider is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey