Chang Yung Chung, World’s oldest billionaire – Chang Yung Chung, SALASDOEPOST

World’s oldest billionaire – Chang Yung Chung

Chang Yung Chung, presently sit as World’s oldest billionaire, with a net worth of $1.6 billion (N578,400,000,000) still goes to office at age 101

Mr Chang is the owner of Pacific International Lines, a company that made him most of his fortune, he goes to offer guidance to his son, Teo Siong Seng, the new company’s chairman

Chang Yung Chung, World’s oldest billionaire – Chang Yung Chung, SALASDOEPOST

Mr Chang Yung Chung, with a net worth of $1.6 billion, age 101, still goes to office at the right time just like any other normal person who does not have a pinch of his wealth would, Forbes reports.

Mr Chung, who made most of his fortune from shipping handed over his Pacific International Lines to his son, Teo Siong Seng, in 2018.

Despite that, he still goes to his office every day as he guides the company as its board chairman emeritus.

Well, this may not, however, be unconnected with the $208 million marginal loss the company suffered in 2018 as the company ramped up production costs, even as the US-China trade war is making things a bit difficult for the company.

On the other hand, his son is quite hopeful that the company will bounce back from its challenges. It should be noted that the shipping company was founded in 1967 and Chang steered its affairs for 51 years.

According to Forbes, the company is also working on block chain technology to improve its supply service and be able to track cargo in real-time.

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