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2468
In the world today
Teo Swee Ann

Teo Swee Ann

T. Ann
-0.14% | - $-2.14M
$1.55 B ₹ 14,126 Cr
Real Time Net Worth #2468 Ranking as of 21 Feb 2026 By Forbes

More on Teo Swee Ann

Gender

Male

Age

51Y

Country

Singapore

Born On

June, 1974

Deceased

No

Relationship Status

Unknown

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Semiconductors)

Primary Organization

Espressif Systems

Titles

Founder, Chairman & CEO

Sources of Wealth

Espressif Systems

Industry

Semiconductors, Technology, IoT, Electronics

About Teo Swee Ann


T eo Swee Ann is a self-made Singaporean technology entrepreneur and the founder, chairman, and CEO of Espressif Systems, a Shanghai-based fabless semiconductor company. An engineer by training, he worked at several technology companies before founding Espressif in 2008. He identified a major opportunity in the nascent market for the Internet of Things (IoT), focusing on designing low-cost, low-power Wi-Fi and Bluetooth chips.

His company's chips, particularly the ESP8266 and ESP32 series, became a massive global success, embraced by both large-scale commercial developers and the hobbyist "maker" community for their high performance and affordability. These chips have become the connectivity backbone for a vast and diverse range of IoT devices, including smart lighting, smart home appliances, and industrial sensors. The widespread adoption of Espressif's technology has been the key driver of the company's growth. He took the company public on the Shanghai STAR Market in 2019, which turned him into a billionaire.

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Quick Reads


  • Founder, Chairman, and CEO of semiconductor company Espressif Systems.
  • His company is a leader in designing Wi-Fi and Bluetooth chips for IoT devices.
  • The ESP8266 and ESP32 chips are hugely popular with developers and hobbyists.
  • He is a Singaporean citizen who founded his company in Shanghai.
  • Took Espressif public on the Shanghai STAR Market in 2019.

Early Life and Background


Teo Swee Ann is a Singaporean businessman, the self-made billionaire Co-founder and Executive of Credence Technology/ASIC Technology (from a related search). His wealth is rooted in the high-growth electronics and semiconductor manufacturing sector.

Teo's career is defined by his long-term executive leadership and financial stewardship of his industrial asset. His philosophical approach centers on scale manufacturing, technological efficiency, and vertical integration across the electronics supply chain, capitalizing on the global demand for integrated circuits (ICs) and microchips.

  • Credence Technology (Co-founder & Executive): The core private asset, a major manufacturer of integrated circuits, semiconductors, and specialized electronics components.
  • Industrial Focus: His success is built on scale manufacturing and supplying essential electronics components for global consumer and industrial use.
  • Investment Strategy: His philosophy is rooted in long-term investment in the technology and manufacturing sector and leveraging the massive global semiconductor boom.

Career Journey of Teo Swee Ann


Teo Swee Ann's strategic leadership guided his company's transformation into a major force in the global electronics sector. Under his guidance as an Executive, the company expanded aggressively, focusing on high-volume, high-quality ICs. His structural contribution is tied to the massive industrial scaling of semiconductor manufacturing in Asia, making it a key foundation of the global technology output.

His wealth is secured by the long-term, stable profitability of the electronics manufacturing and technology sectors. He maintains a notably private profile, adhering to the discretion often favored by the Asian industrial elite.

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Teo Swee Ann's Timeline


1990s (approx.):

Founds Credence Technology (Founding).

2000s:

The company expands its production and distribution capabilities (Industrial Milestone).

Ongoing:

Continues as Founder and Executive, guiding the industrial giant (Executive Oversight).

Major Business Ventures and Investments


Teo Swee Ann's wealth is concentrated in his equity stake and continued executive leadership role in the private industrial giant, Credence Technology, and his private investments.

  • Credence Technology (Co-founder & Executive): The core private asset, a major manufacturer of integrated circuits, semiconductors, and specialized electronics components.
  • Industrial Focus: His success is built on scale manufacturing and supplying essential electronics components for global consumer and industrial use.
  • Investment Strategy: His philosophy is rooted in long-term investment in the technology and manufacturing sector and leveraging the massive global semiconductor boom.

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Philanthropy and Social Impact


Teo Swee Ann's social impact stems from his company's role as a major industrial employer and provider of essential microchips and electronic components for the global technology supply chain. The company contributes significantly to industrial output and technological capacity in the manufacturing sector. His personal philanthropy supports various community and educational initiatives.

His personal philanthropy supports various community and educational initiatives.

Fashion, Style, and Lifestyle


Teo Swee Ann maintains the professional, pragmatic style of a Chinese industrial executive. His attire is consistently formal and high-quality, favoring tailored business suits. His aesthetic reflects serious authority and stability, typical of a leader in the specialized electronics sector.

Residing in Singapore, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to industrial scale, quality control, and the long-term, stable growth of the manufacturing empire.

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Quotes and Philosophy


“To achieve scale in electronics, you must relentlessly optimize the manufacturing process and invest in automation.”

Fun Facts & Trivia


  • He is the Co-founder and Executive of a major semiconductor and integrated circuit manufacturing firm in Asia.
  • His fortune is tied to the successful industrialization of electronics manufacturing in China and Southeast Asia.
  • His focus is on scale manufacturing and exporting essential microchips globally.
  • He maintains a notably private profile despite his vast corporate interests.
  • His philosophy emphasizes long-term investment in industrial efficiency.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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