Patrick Grove
- January 13, 2024
- Entrepreneur
Quick Facts
Patrick Grove Biography
| Birthday | Apr 30 |
| Birth Year | 1975 |
Patrick Grove is one of the most popular and richest Entrepreneur who was born on April 30, 1975 in Singapore, Singapore.
Patrick Y-Kin Grove (born 30 April 1975 in Singapore) is an Australian internet and media entrepreneur in Asia.
Grove spent his early years in Singapore and Indonesia, where he studied at Tanglin Trust School, the United World College of South East Asia and the Jakarta International School. He moved to Sydney in 1993 and completed his high school education at the Scots College.
Grove was born in Singapore on 30 April 1975 to a Singaporean-Chinese mother and an Australian father. He has two brothers and a sister.
As of December 11, 2023, Patrick has a net worth approximately A$885 million (AFR 2019) US$400 million (Forbes 2019).
Patrick Grove Net Worth
| Net Worth | A$885 million (AFR 2019) US$400 million (Forbes 2019) |
| Source Of Income | Entrepreneur |
| House | Living in own house. |
Net Worth: Patrick Grove, according to financial reports from AFR 2019 and Forbes 2019, has an impressive net worth between A$885 million and US$400 million. The variation in reported net worth can be due to different financial evaluating standards and currency exchange rates. Grove’s net worth predominantly comes from his stakes in numerous tech companies in Asia and Australia, which he founded or co-founded. The all-encompassing nature of his business ventures leads to a complex value of assets, ranging from his shares in Catcha Group and other tech start-ups to the paybacks from successful Initial Public Offerings (IPO) of multiple companies he was involved with. In comparison with industry standards, Patrick Grove’s net worth puts him squarely among the ranks of notable tech magnates and venture capitalists worldwide.
Career and Financial Growth: Grove’s career has been characterized by an astute eye for digital market gaps, risk-taking, and relentless perserverance. Co-founding Catcha Group and leading multiple tech companies to successful IPOs significantly expedited his financial growth. Investments in potential unicorns like iProperty Group and iCar Asia have paid off, significantly contributing to his net worth. Grove’s risk-taking is perhaps best illustrated by his venture with Catcha Group that raised US$300 million for investing in tech businesses in Southeast Asia and Australia.
Source of net worth: Grove’s entrepreneurial endeavors in the world of tech have been the primary source of his significant net worth. He recognized the potential for internet-based businesses in Southeast Asia when the dot-com bubble was burgeoning globally, but largely untouched in this region. His business strategy of watching trends in the West and replicating them in the East has been hugely successful, catapulting him to significant financial highs. Although detailed information about endorsements or sponsorships is not available, the scale of Grove’s successful ventures suggests that they more than suffice in maintaining and increasing his wealth.
Personal Projects and Ventures: Apart from his business contributions, Grove has marked his presence in reality TV shows like Angel’s Gate, providing a platform for budding entrepreneurs. He also co-founded Wild Digital, a platform that brings together the biggest stakeholders of the Southeast Asian digital ecosystem, and Common Ground, a co-working space operator.
Philanthropy: With such an impressive portfolio and noteworthy wealth, Grove’s philanthropic contributions are expected. But at the time of writing, detailed information on specific charity efforts or foundations that he supports are not publicly available. It’s not unusual for figures in tech entrepreneurship to support causes related to education, research, health, and humanitarian issues, leveraging their influence and affluence for societal good.
Recent Developments: The recent listing of Catcha Investment Corp on the NYSE exemplifies Grove’s active engagement in business ventures. Considering the increasing significance of digital marketplaces and Southeast Asia’s booming internet business scene, Grove’s future net worth could potentially see a substantial increase. However, the tech market volatility can also pose a risk to tech investments, which might impact his future wealth.
Height, Weight & Body Measurements
Patrick Grove height Not available right now. Patrick weight Not Known & body measurements will update soon.
Who is Patrick Grove Dating?
According to our records, Patrick Grove is possibily single & has not been previously engaged. As of January 13, 2024, Patrick Grove’s is not dating anyone.
Relationships Record : We have no records of past relationships for Patrick Grove. You may help us to build the dating records for Patrick Grove!
In 2006, Grove moved back into the online space by founding the iProperty Group which was successfully listed on the Australian Stock Exchange in 2007. He and his partners revamped and grew the business into the largest network of online property portals in Asia, operating in Malaysia, Indonesia, Singapore, Hong Kong and Macau with investments in India and the Philippines. Following a meeting with Rupert Murdoch in June 2014, he invested US$100m into the company In February 2016, the company was acquired by REA Group, a subsidiary of News Corporation for A$751m in one of the largest acquisitions of an ASEAN Internet Company
Facts & Trivia
Patrick Ranked on the list of most popular Entrepreneur. Also ranked in the elit list of famous people born in Singapore. Patrick Grove celebrates birthday on April 30 of every year.
In 2011 Grove launched Dealmates, a Malaysian-based e-commerce site as a joint-venture with Mindvalley founder Vishen Lakhiani. In 2012, Dealmates pivoted from a group buying to a flash sales model that focuses on selling products. It successfully raised US$2 million in venture capital funding from Intel Capital. In early 2014, Dealmates.com was acquired by the iBuy Group and was successfully listed on the Australian Stock Exchange.
How much is Patrick Grove worth?
As of 2019, Grove’s net worth was estimated by the Financial Review 2019 Rich List as A $885 million. Grove was first recognised in the Forbes 2016 list of 50 richest Malaysians. As of 2019, Forbes estimated his net worth as US$400 million.
Who is Patrick from Singapore selling sunset?
Patrick Grove is the co-founder and group CEO of Catcha Group, and an entrepreneur who has taken six start-ups to IPO. He is one of Malaysia’s 50 richest people, with a net worth of US$365 million.
Who is the richest Selling Sunset?
- Heather Rae – $3 million.
- Emma Hernan – $1.5 million- $3 million.
- Davina Potratz – $2 million.
- Christine Quinn – $1.5 million.
- Amanza Smith – $1 million.
- Mary Fitzgerald – $1 million.
- Maya Vander – $1 million.
Why did Brett leave Oppenheim?
Brett Oppenheim left The Oppenheim Group to start his own brokerage, Oppenheim Real Estate.
Who is the richest Selling Sunset star?
- Christine Quinn: $2 million.
- Chrishell Stause: $5 million.
- Heather Rae Young: $3 million.
- Mary Fitzgerald: $1 million.
- Maya Vander: $1 million.
- Amanza Smith: $1 million.
- Emma Hernan: $1.5 million.
- Romain Bonnet: $500,000.