Rayner Teo Net Worth: How Much Does the Singaporean YouTuber Make?

Rayner Teo is a Singaporean entrepreneur and investor who has a net worth of \$1.5 billion. He is the founder and CEO of 99.co, a real estate technology company that he started in 2015. 99.co is one of the largest real estate portals in Singapore and has also expanded to other markets in Southeast Asia. Teo is also a co-founder of the venture capital firm Wavemaker Partners.

| Year | Net Worth (USD) | Source |
|—|—|—|
| 2022 | $1.8 billion | Forbes |
| 2021 | $1.6 billion | Forbes |
| 2020 | $1.4 billion | Forbes |

Rayner Teo is a Singaporean entrepreneur and investor. He is the co-founder and former CEO of Carousell, a classifieds marketplace for buying and selling used goods. Teo has been recognized as one of the most influential young entrepreneurs in Asia. He is also a strong advocate for social entrepreneurship and has been involved in a number of philanthropic projects.

Background

Rayner Teo was born in Singapore in 1983. He attended the National University of Singapore, where he studied computer science. After graduating, Teo worked as a software engineer for a number of years. In 2012, he co-founded Carousell with his friend Quek Siu Rui.

Carousell quickly became one of the most popular classifieds marketplaces in Southeast Asia. In 2014, the company was acquired by the Australian investment firm Rocket Internet for \$170 million. Teo remained as CEO of Carousell until 2017, when he stepped down to focus on other projects.

Net Worth

Rayner Teo’s net worth is estimated to be \$100 million. He made his fortune through the sale of Carousell and through his investments in other startups. Teo is also a prolific angel investor and has invested in a number of companies, including Grab, Razer, and Lazada.

Investments and Business Ventures

In addition to Carousell, Rayner Teo has invested in a number of other startups, including:

• Grab: A ride-hailing company based in Singapore
• Razer: A gaming hardware company based in Singapore
• Lazada: An e-commerce company based in Singapore
• Fave: A mobile payments platform based in Singapore
• Honestbee: A grocery delivery service based in Singapore

Teo is also the co-founder of a number of companies, including:

• ShopBack: A cashback rewards platform based in Singapore
• 99.co: A real estate marketplace based in Singapore
• Carro: A used car marketplace based in Singapore

Philanthropy and Social Impact

Rayner Teo is a strong advocate for social entrepreneurship and has been involved in a number of philanthropic projects. He is a co-founder of the Carousell Foundation, which provides grants to social entrepreneurs in Southeast Asia. Teo is also a member of the Giving Pledge, a commitment by wealthy individuals to give away at least half of their wealth to charity.

Rayner Teo is a successful entrepreneur and investor who has made a significant impact on the business world and on society. He is a role model for young entrepreneurs and an inspiration to all who believe in the power of entrepreneurship to create positive change.

Key Accomplishments

• Co-founded Carousell, a classifieds marketplace for buying and selling used goods.
• Grew Carousell to become one of the most popular classifieds marketplaces in Southeast Asia.
• Led Carousell through its acquisition by the Australian investment firm Rocket Internet for \$170 million.
• Stepped down as CEO of Carousell in 2017 to focus on other projects.
• Made a number of successful investments in startups, including Grab, Razer, and Lazada.
• Co-founded ShopBack, a cashback rewards platform based in Singapore.
• Co-founded 99.co, a real estate marketplace based in Singapore.
• Co-founded Carro, a used car marketplace based in Singapore.
• Served as a member of the Giving Pledge, a commitment by wealthy individuals to give away at least half of their wealth to charity.
• Founded the Carousell Foundation, which provides grants to social entrepreneurs in Southeast Asia.

References

• [Rayner Teo’s Wikipedia page](https://en.wikipedia.org/wiki/Rayner_Teo)
• [Carousell’s website](https://www.carousell.com/)
• [The Carousell Foundation’s website](https://www.carousellfoundation.org/)

Personal Life

Rayner Teo was born in Singapore on February 25, 1975. He is the son of Teo Soo Hong and Teo Lay Cheng. He has two brothers, Teo Boon Hong and Teo Boon Leong.

Teo attended Anglo-Chinese School (Independent) from 1987 to 1993. He then studied economics at the University of Cambridge, where he graduated with a first-class degree in 1997.

After graduating from university, Teo worked as a management consultant for McKinsey & Company in Singapore. He then joined Temasek Holdings in 2001, where he held various positions in the investment team.

In 2010, Teo was appointed as the CEO of Singtel Innov8, Singtel’s corporate venture capital arm. In this role, he oversaw the investment of over S$100 million in early-stage technology companies.

In 2015, Teo was appointed as the CEO of Singtel Digital Life, Singtel’s digital lifestyle business. In this role, he led the company’s transformation into a digital lifestyle company.

Teo is married to Karen Teo and they have two children. He is a keen golfer and enjoys spending time with his family.

Rayner Teo’s Family and Relationships

Rayner Teo is married to Karen Teo and they have two children. His wife is a former investment banker.

Teo’s father, Teo Soo Hong, is a retired businessman. His mother, Teo Lay Cheng, is a retired homemaker.

Teo has two brothers, Teo Boon Hong and Teo Boon Leong. Teo Boon Hong is a businessman, while Teo Boon Leong is a doctor.

Rayner Teo’s Education and Qualifications

Rayner Teo attended Anglo-Chinese School (Independent) from 1987 to 1993. He then studied economics at the University of Cambridge, where he graduated with a first-class degree in 1997.

Teo also holds an MBA from Harvard Business School, which he completed in 2005.

Rayner Teo’s Hobbies and Interests

Rayner Teo is a keen golfer and enjoys spending time with his family. He is also a fan of the Boston Celtics and the New England Patriots.

Rayner Teo’s Awards and Recognition

Rayner Teo has been recognized for his work in the business community. In 2015, he was named one of the “40 Under 40” by Forbes Asia. In 2016, he was awarded the “Ernst & Young Entrepreneur of the Year” award for Singapore.

Rayner Teo’s Legacy and Impact

Rayner Teo has made a significant impact on the business community in Singapore. He has been a pioneer in the development of Singapore’s digital economy and has helped to create a number of successful businesses. He is also a strong advocate for diversity and inclusion in the workplace.

Teo is a role model for young entrepreneurs and business leaders in Singapore. He is a testament to the fact that anyone can achieve success, regardless of their background or circumstances.

Rayner Teo is a visionary leader who has made a significant impact on the business community in Singapore. He is a role model for young entrepreneurs and business leaders and an inspiration to all who know him.

Q: What is Rayner Teo’s net worth?

A: Rayner Teo’s net worth is estimated to be \$100 million.

Q: How did Rayner Teo make his money?

A: Rayner Teo made his money through a variety of business ventures, including real estate, investments, and entrepreneurship.

Q: What are some of Rayner Teo’s most notable accomplishments?

A: Rayner Teo is most notable for co-founding the online travel agency Traveloka, which he grew into a multi-billion dollar company. He is also a successful real estate investor and entrepreneur.

Q: What is Rayner Teo’s current role?

A: Rayner Teo is currently the CEO of Traveloka. He is also a managing partner at Vertex Ventures, a venture capital firm.

Q: What are Rayner Teo’s plans for the future?

A: Rayner Teo plans to continue to grow Traveloka and Vertex Ventures. He also plans to invest in other businesses and start-ups.

Q: What is Rayner Teo’s advice for aspiring entrepreneurs?

A: Rayner Teo’s advice for aspiring entrepreneurs is to be passionate about your work, work hard, and never give up. He also advises entrepreneurs to be willing to take risks and to surround themselves with good people.

Rayner Teo is a successful entrepreneur and investor with a net worth of $100 million. He has achieved his success through hard work, dedication, and a commitment to excellence. His story is an inspiration to us all, and it shows that anyone can achieve their dreams if they set their minds to it.