Chavalit Frederick Tsao’s family fortune dates back to the 1800s in China, but like the tributaries of the winding Yangtze River, along which his great-grandfather built a shipping and logistics empire, another branch of the business has caught the eye of the fourth-generation leader of the Tsao Pao Chee (TPC) group – wellness.
Tsao is one of the biggest proponents of the well-being economy, which prioritises human and environmental health over traditional economic growth by shifting business…
Why Singapore tycoon believes wellness is next economic frontier
