Choo Chong Ngen

Choo Chong Ngen

Choo Chong Ngen (#1413)

Global Rank #1413
Country Rank #13
Country Singapore

I'm 100% hands on, not 99%.

  • $ 3 B
  • Hotels
  • Singapore
  • M
  • 73 Years

Snapshot

Quick Facts

Global Rank #1,413
Country Rank #13
Net Worth $3.0B
Previous Worth $3.0B
Worth Change +$0.0B
Country Singapore
Industry Hotels
Age 73 Years
Gender M
Worth As Of May 4, 2026
Residence Singapore, Singapore
Citizenship Singapore

Profile Data

Personal Stats

Age 73
Source Of Wealth Hotels, Self Made
Residence Singapore, Singapore
Citizenship Singapore
Marital Status Married
Children 4
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $3.0B
Current Net Worth $3.0B

Worth as of May 4, 2026

About Me

Hotel tycoon Choo Chong Ngen made his fortune in textiles before launching his Hotel 81 budget chain in Geylang, Singapore's red-light district. He has expanded into the mid-tier market, introducing five more hotel brands since 2009. His privately held hotel empire, now called Worldwide Hotels, which daughter Carolyn has been helping him run since 2002, has 41 hotels across the island. Since 2017, he has expanded into Australia, Japan, Malaysia, South Korea and Thailand, with eleven hotels managed by brands like Travelodge and Holiday Inn. In 2024, Worldwide Hotels opened the world's largest Mercure hotel with 989 rooms at Singapore's trendy Club Street in the central business district.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Choo Chong Ngen.

#1406
Billionaires (2026)
#19
Singapore's 50 Richest (2025)

Insights

Did You Know?

Choo dropped out of school to become a fishmonger to help make ends meet at home.

In 1995, he opened his first Hotel 81 using the unit number of his home at the time.

Wealth Growth

Net Worth Growth Over Time

Tracking Choo Chong Ngen's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $3.0B (May 4, 2026)