Ho Ching Net Worth, Personal Life, Husband, Education, Professional Career, Honors and Awards

Published Date   14th Aug. 2017, 04:00 am
Ho Ching Net Worth, Personal Life, Husband, Education, Professional Career, Honors and Awards
Quick Info
Birth Name:Ho Ching
Date of Birth:27/03/1953
Age: 65 years old
Nationality:Singaporean




The CEO of Temasek Holdiings, Ho Ching net worth accelerated as she became one of the most powerful women topping the list every year since the company’s inception.

Synopsis

Born in 1953, Ho Ching is the Chief Executive Officer of Temasek Holdings since 2002. She is the spouse of current Prime Minister of Singapore, Lee Hsein Loong. Ho joined Temasek Holdings as a Director in the beginning of 2002 and became CEO right after a couple of years. Ho Ching net worth began to rise as she made one of the most remarkable executives. Forbes listed her 30th most powerful women in the world in 2016.

Early Years and Personal Life

Ho was born on March 27, 1953 as the eldest among 4 children of retired businessman Ho Eng Hong and Chan Chiew Pning. She was born and raised in Singapore with two brothers and a sister. Her sister, Ho Peng, is the chairperson of the Singapore Examinations and Assessment Board while her younger, Ho Sing, serves Starhill Global REIT as executive director.

Ho Ching married the current Prime Minister of Singapore, Lee Hsien Loong on December 17, 1985. Loong is the eldrkiest son of former Prime Minister of Singapore, Lee Kuan Yew. Ho met Lee while she was working at the Ministry of Defense. The couple has two sons, Hongyi and Haoyi. They also have a daughter Xiuqi, and a son, Yipeng, who are from Lee’s first wife.

Educational Background

Ho completed her secondary education from Crescent Girls’ School. Afterwards, she went to enroll as one of the top students on ‘A’ level examination at National Junior College. Ho Ching net worth increased as she became Student of the Year at National Junior College. The bright student later went to study in Singapore University (the National University of Singapore) from where she graduated in 1976. She earned Bachelor of Electrical Engineering with First Class Honours.

After finishing her Bachelor’s degree in Singapore, she left for the US to pursue further education. The brilliant student did not go through much trouble getting acceptance from Stanford University. Ho graduated with a Master of Science in Electrical Engineering from Stanford in 1982.

Professional Career Highlights

After completion of study, Ho returned to Singapore and started serving as engineer in Ministry of Defense in 1976. Ho Ching net worth rose as she became the Director of Defense Material Organization in 1983. Additionally, she concurrently held the position of Deputy Director of Defense Science Organization. In 1987, Ho joined Singapore Technologies as Deputy Director of Engineering and looked after varied responsibilities carefully and rationally. As a result, she became the President and Chief executive Officer of Singapore Technologies in 1997.

Her remarkable works as a president and CEO are repositioning and growing the group in five years. In early-2002, Ho joined Temasek Holdings (an investment company owned by government of Singapore) as Director. Soon, Ho Ching net worth rose as she became the executive director in mid-2002. The then-chairman, S. Dhanabalan, of Temasek Holdings pointed Ho as the best person for the job because of her willingness to take calculated risk. Subsequently, Ho held the role and position of Chief Executive Officer in January 2004.

Under Ho’s execution, Temasek Holdings owns and manages net profit of $173 billion which rose Ho Ching net worth (2013 record). Ho is best known for her public service. Ho Ching has served as chairman of the Singapore Institute of Standards and Industrial Research. Further, she has also worked as deputy chairman of the Productivity and Standards Board. Besides, Ho has served on board of Economic Development.

Honors and Awards

The bright student, Ho Ching, turned into a successful executive. As a result, Ho garnered a number of honors for her brilliance. Ho received the National University of Singapore’s Distinguished Engineering Alumnus Award in 1995. In addition, she became an Honorary Fellow of the Institution of Engineers, Singapore.

Similarly, her public service attracted awards from Singapore Government. Ho Ching net worth rose as Singapore Government awarded her with Singapore Public Administration Medal (silver, 1985) and the Public Service Star award (1996).

Ho’s rankings in media and magazines are unmentionably high and numerous. TIME magazine ranked her among “100 Most Influential Men and Women” in 2007. Forbes ranked her 3rd in its annual list of World’s Most Powerful Women. German Chancellor Angela Merkel and China’s Vice-President Wu Yi were in the first and second positions in the list.  Likewise, Bloomberg Markets magazine included Ho among ‘50 Most Influential’ in 2011. In addition, Sovereign Wealth Fund Institute included her among Public Investor 100 in 2013.

In 2014, Ho Ching net worth heightened as Forbes listed her 59th most powerful women in the world. She held the position in 30th rank in 2016 similar list. The same year, she received Asian Business Leaders Award.

Philanthropy and Public Service

Ho Ching is not only a business leader, but she also takes part in philanthropy. She supports charitable organizations due to her interest in community services. Ho is the patron of Assisi Hospice. Moreover, she is the founding chairman of Trailblazer Foundation Ltd, charity that funds education, health, sports and community welfare. A few years back, Ho got into Singapore Council of Women’s Organizations’ Singapore Women’s Hall of Fame.

Ho Ching net worth

The exact figure of Ho Ching net worth is not available. However, looking in to the $100 billion portfolio Temasek Holdings, we can assume that the CEO of the company has huge net worth.

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