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All You Need to Know About Brian Chang and his yacht Asean Lady -catamaran motor yacht - 88.1m (289.21ft) - Yantai Raffles - 2004 - Brian Chang - net worth USD 100 million - Singapore - CIMC Raffles Offshore -www.cimc-raffles.com
South African-born shipbuilding tycoon Brian Chang is the founder of CIMC Raffles Singapore.
China International Marine Containers
Chang has been in the ship building industry since 1967, founded CIMC Raffles Offshore (Singapore) Ltd. in 1994. In 2008 China International Marine Containers (CIMC) offered USD 560 million for a 30 percent stake. But later this deal was canceled, buying only 10% for a small part of the original price.
Briang Chang Net Worth
In 2008 Forbes estimated his net worth at USD 560 million, but later this was reduced to USD 100 million. In 2013 CIMC acquired all shares in Raffles.
Yacht Asean Lady
Chang co-owns the yacht Asean Lady with Malaysia-based billionaire Vincent Tan. The yacht Asean Lady is the only yacht in the world based on a proa design. A proa has been used for more than 2,000 years for fishing crafts throughout the Pacific region.
Proa based yacht Asean Lady, co owned by Brian Chang and Vincent Tan.