Teddy Yip (businessman)
| Theodore Yip |
|
|---|---|
| Native name | Yè Délì |
| Born |
Jap Tek Lie 2 June 1907 Medan, Dutch East Indies |
| Died | 11 July 2003 (aged 96) Hong Kong |
| Other names | Teddy Yip |
Theodore "Teddy" Yip (Chinese: 葉德利; pinyin: Yè Délì; Jyutping: jip6 dak1 lei6) was a businessman from Indonesia who was instrumental in developing Macau as a tourist destination and who was a Formula One team owner in the 1970s.
Yip, an ethnic Indonesian Chinese of Hakka ancestry from Meixian, Guangdong, China was born as Jap Tek Lie in Medan, on the island of Sumatra, Indonesia in 1907. At that time Indonesia was the Dutch East Indies, a colony of the Netherlands. Teddy Yip studied in the Netherlands and took Dutch nationality. He moved to Hong Kong in the 1940s and began to build up his business empire which included travel agencies, hotels, casinos and trading companies. Yip spoke many languages including six Chinese variants (most notably Hakka being his native tongue, Mandarin and Cantonese due to his residence in Hong Kong and Macau), Dutch (through his life experience during the Dutch colonial rule and the owning of his Dutch citizenship), English, French, German, Malay (Indonesian) (since he was born and spent his childhood in Indonesia prior his move to the Netherlands for his studies) and Thai which helped him expand his businesses into property and finance.
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