‘Elon’s Fanboy’ Leo KoGuan Buys More Tesla Shares, Now Has Over 22 Million

A Tesla logo on a car in the rain in the Manhattan borough of New York on May 5, 2021. (Carlo Allegri/Reuters)

Leo KoGuan, a wealthy Singapore-based Chinese businessman, updated his Telsa holdings several times in September and announced on Sept. 22 that his shares now totaled more than 22 million.

KoGuan said via Twitter that he purchased 11,380 shares of Tesla stock at $288.82/share on that day, bringing his total to “22,750,000 shares of Tesla.”

In a previous post, he stated that he often buys Tesla stocks when others are selling, in order to demonstrate his confidence in the company as well as a way of providing encouragement.

KoGuan is the third largest individual shareholder in Tesla after Elon Musk and Oracle founder Larry Ellison.

https://twitter.com/darenyoong/status/1555805879517073408

Last year KoGuan told Forbes that he’s “Elon’s fanboy.”

When he met Musk for the first time at SpaceX’s headquarters in 2019, they talked about physics instead of business, according to a 2021 Forbes report.

When Tesla’s stock plunged shortly after the start of the pandemic, KoGuan kept buying and even sold all his other stocks to support Tesla.

KoGuan believed Musk was a man on a great mission, according to a November 2021 report by South China Morning Post. He regularly shares information and opinions about Musk and Tesla on Twitter.

He has also defended Musk online on more than one occasion.

https://twitter.com/KoguanLeo/status/1529019541530869760

Currently, his Twitter account has more than 25,000 followers.

This year for the first time, the 67-year-old made The Forbes 400 rich list.

Born in Indonesia, KoGuan received his master’s degree from Columbia University’s School of International and Public Affairs in 1982, and his J.D. from New York Law School in 1985. He is a co-founder of Software House International, a U.S.-based IT provider.

KoGuan’s Own Missions

Apart from Tesla, KoGuan has two other causes that he has devoted much of his time to—his Xuan Yuan Anti-entropic Operating System 2.0, and contributions to Chinese universities.

Xuan Yuan, also known as the Yellow Emperor, is the founding ancestor of China’s Han culture. KoGuan considers it his lifelong mission to realize the dream of Xuan Yuan.

In 2015, KoGuan’s Xuan Yuan Anti-Entropy Operation System 2.0 attracted public attention in China. This theory, which few people could understand, was disparaged and criticized as “pseudoscience” by some Chinese netizens.

But a couple of academics came to his defense—Xu Bing, a professor at Tsinghua University’s law school, and Du Gangjian, dean of Hunan University’s law school. According to Phoenix media, they said that KoGuan was a person of wisdom and that netizens should not blame others for their inability to understand “rather than reflecting on their own lack of knowledge.”

KoGuan’s contributions to Chinese schools include large donations to several Chinese universities—Shanghai Jiaotong University’s Law School was renamed to KoGuan Law School as a result.

Some ten years ago he also taught elective courses at Tsinghua University and Peking University.

KoGuan taught “Chinese Legal Thought—Within the Framework of the Rule of Law and Mandate of Heaven” in which he shared his understanding of Chinese traditional culture. He believes that Xuan Yuan is China’s first leader, first comprehensive physician, first environmentalist, and mankind’s first human rights lawyer.

He has called on Chinese people to recognize that Xuan Yuan is their “glorious and remarkable” ancestor, the father of Chinese culture and civilization.

He said that  Xuan Yuan thought is the source and origin of the hundreds of Chinese ideology schools in the country’s 5,000 years of history.

His courses were very well received at the two universities, to the point that students who applied had to pass an in-person interview to enroll.