Leo KoGuan is well known for being an Elon Musk “fanboy” and has a significant investment in Tesla during the pandemic. Currently, KoGuan frequently tweets furiously about the Tesla CEO, Markets Insider reported.
About Leo KoGuan
According to Markets Insider, these are the things you need to know about Leo KoGuan:
- He is 67 years old
- Born in Indonesia
- Went to school in the US
- Graduated with a master’s degree in international affairs from Columbia University in 1982
- Currently living in Singapore
- Graduated from New York Law School in 1985
- Started the firm in 1989
- The CEO and founder of the IT provider SHI International (which has 20,000 clients, including AT&T and Boeing)
About SHI
According to Forbes, SHI was initially a software reseller but is now one of the biggest privately held companies in the US. SHI is situated in New Jersey. Sales for SHI increased from more than $12.1 billion in 2021 to $14.3 billion in 2022, Markets Insider reported.
Markets Insider added that Shai Lee, KoGuan’s ex-wife, is now in charge of SHI’s daily operations because KoGuan has stepped down from operating the company. He is currently more interested in Tesla and philanthropy.
KoGuan and Tesla
According to Forbes, he has a net worth of $3.8 billion and sold most of his other stocks to accumulate more than 22 million shares in Tesla, Markets Insider reported.
However, Markets Insider reported that KoGuan has recently grown unhappy with Musk, who switched his attention to Twitter after gaining control last year. Despite this, he continues to stay committed to Tesla and keeps purchasing shares.
Elon abandoned Tesla, and Tesla has no working CEO. Tesla needs and deserves to have a working full-time CEO.
KoGuan Tweeted on December 14
Leo KoGuan and Elon Musk
Where did the title “Elon’s fanboy” come from? From Leo KoGuan himself.
According to Markets Insider, he once visited Musk at SpaceX’s headquarters in 2019 and claimed to be “Elon’s fanboy” in a 2021 interview with Forbes.
According to Bloomberg’s Billionaires Index, he is the third-largest individual shareholder of Tesla after Musk and Oracle founder Larry Ellison.
KoGuan continues to buy shares despite falling 70% from their peaks, Markets Insider reported.
Leo KoGuan’s tweets
Leo KoGuan has shown in his tweets his negative feelings towards Elon Musk. Markets Insider reported that he has labeled some Musk supporters as cult members and shown some buyer’s regret in recent months.
On January 7, he tweeted that he believed Musk was “killing” the business and the stockholders, adding that he wouldn’t have invested if he had known Musk would sell so much of his stock, Market Insider reported.
KoGuan frequently switches between various expressions of support because he believes Tesla can thrive regardless of who is in charge. He has, at times, referred to Musk as “irreplaceable” and asserted his complete faith in him. However, he has also appeared to belittle him as “the one,” referring to Tesla as a one-person show with an ineffective board of directors.
Frankly, my dear, I don’t give a damn if Elon stays or leaves Tesla. I plan to invest more billion dollars because Tesla will be the biggest company with or without Elon.
Leo KoGuan said last month
He added that someone like Tim Cook, Apple CEO, a hands-on executive is what the company needs.
