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Anthony Tan
Malaysian businessman From Wikipedia, the free encyclopedia
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Anthony Tan (Chinese: 陈炳耀; born 1982) is a Singaporean businessman.[1] He is the co-founder and chief executive officer of Grab, a publicly traded technology company and the first unicorn in Southeast Asia.[2] In 2021, he was listed as one of Singapore's richest people with an estimated net worth of $790 million according to Forbes.[3]
This article may have been created or edited in return for undisclosed payments, a violation of Wikipedia's terms of use. It may require cleanup to comply with Wikipedia's content policies, particularly neutral point of view. (November 2023) |
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Early life and education
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Tan was born in Kuala Lumpur, Malaysia. His father, Tan Heng Chew is an automobile manufacturing executive who served as the president of Tan Chong Motor, a Malaysian manufacturing company that assembles and distributes Nissan vehicles in the Southeast Asia region. Tan's great-grandfather was a taxi driver and his grandfather was responsible for pioneering the Japanese automotive industry in Malaysia.[4] He worked on the assembly line at his father's company and attended meetings with union bosses at a young age.[2]
Tan expressed an interest in business and entrepreneurship at a young age. He started his first business venture at the age of 11 when he began retail trading and accepting cash for X-Men comics.[5] At the age of 14, he volunteered to raise money for the AIDS Foundation.[5]
As an undergraduate, Tan attended the University of Chicago and earned a bachelor's degree in economics and public policy. Tan's education on econometrics, public policy and philosophy there provided him with a foundation to understand and transcend the windows of opportunity on topics like ride-hailing or traffic jams across the Southeast Asia.[6] He later earned a Master's of Business Administration from Harvard Business School.[7]
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Career
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Tan was the head of supply chain and marketing at Tan Chong Group for the automotive brands under the Tan Chong Motor conglomerate.[8] He chose not to work for the family business and started to develop an idea for a company after a friend from Harvard visited Malaysia and complained to him about the country's taxi system.[4][7]
While attending Harvard Business School, Tan partnered with his classmate Tan Hooi Ling on making taxis safer in their home country of Malaysia in part due to ranking as the worst cab service in the world.[9][10] They wrote a business plan for a taxi booking app, which won the second prize at the HBS New Venture Competition in 2011. Using the $25,000 of prize money from the competition, their own personal funds and an investment from Tan's mother, the duo launched MyTeksi in June 2012 with its headquarters in Kuala Lumpur.[3][11]
By 2016, the company, with investment from Temasek Holdings, relocated to Singapore and rebranded as Grab. That same year, Tan was recognized along with his co-founder by Fortune and Straits Times as "40 Under 40" and "Asians of the Year", respectively.[12][13] He was a speaker at the World Economic Forum in 2019.[14] In 2020, Grab’s cofounders were recipients of the Nikkei Asia Prize for economic and business innovation.[15] In 2021, Fortune named Tan and his co-founder on their list of "World's 50 Greatest Leaders".[16]
Tan spoke at CNBC's Converge Live conference in 2025. He initiated a "generative AI sprint" at Grab which led to a driver co-pilot to help drivers get more jobs and reduce rider wait times, as well as a merchant AI assistant.[17]
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Personal life
Tan took up Singapore citizenship in 2016.[18]
Tan is married to Chloe Tong, daughter of Tong Kooi Ong.[18] They have five children.[19][20]
In November 2023, Grab faced boycotts in Indonesia and Malaysia after an old Instagram Story post by Chloe Tong, Tan's wife, resurfaced. In the story, posted during a religious heritage family trip to Israel in July, Chloe expressed being "completely in love" with the country. The post gained attention amid the Gaza war, which began in October.[21]
Tan uses a AI coding assistant and has suggested using these tools for personal experimentation.[17]
References
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