Age, Biography and Wiki
Ted Ngoy (Bun Tek Ngoy) was born on 1942 in Cambodia, is an entrepreneur. Discover Ted Ngoy's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 81 years old?
Popular As |
Bun Tek Ngoy |
Occupation |
Baker, entrepreneur, real estate agent |
Age |
N/A |
Zodiac Sign |
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Born |
1942 |
Birthday |
1942 |
Birthplace |
N/A |
Nationality |
Cambodia |
We recommend you to check the complete list of Famous People born on 1942.
He is a member of famous entrepreneur with the age years old group.
Ted Ngoy Height, Weight & Measurements
At years old, Ted Ngoy height not available right now. We will update Ted Ngoy's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
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Not Available |
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Not Available |
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Not Available |
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Not Available |
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Not Available |
Who Is Ted Ngoy's Wife?
His wife is Christy Ngoy
Family |
Parents |
Not Available |
Wife |
Christy Ngoy |
Sibling |
Not Available |
Children |
Not Available |
Ted Ngoy Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Ted Ngoy worth at the age of years old? Ted Ngoy’s income source is mostly from being a successful entrepreneur. He is from Cambodia. We have estimated
Ted Ngoy's net worth
, money, salary, income, and assets.
Net Worth in 2023 |
$1 Million - $5 Million |
Salary in 2023 |
Under Review |
Net Worth in 2022 |
Pending |
Salary in 2022 |
Under Review |
House |
Not Available |
Cars |
Not Available |
Source of Income |
entrepreneur |
Ted Ngoy Social Network
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Timeline
Ngoy is the subject of the 2020 documentary film The Donut King. Ngoy was hesitant to return to California for the film; he was estranged from his children and former friends. However, the film's director—Alice Gu—persuaded him to and, ultimately, he regarded his return as a 'healing experience,' and his ex-wife and children have forgiven him.
In 2013, he was living in Phnom Penh working in real estate.
When his wife visited California for the birthday of their grandchild in 1999, Ngoy began an affair with a young woman; Christy divorced him soon after and has not since returned to Cambodia. Ngoy's political career ended in 2002 after breaking with two powerful allies, the commerce minister and the head of the Cambodian Chamber of Commerce, Teng Bunma. He dissolved his party and accused the government of corruption. The next day, he flew back to Los Angeles leaving behind his new wife and their two children. By 2005, after a failed political career in Cambodia, Ngoy was penniless and living on the porch of a fellow Parkcrest Christian Church parishioner's mobile home.
After Cambodia's establishment of a constitutional monarchy in 1993, Ngoy, along with his wife, returned to the country for its first elections. He formed the Free Development Republican Party (ahead of the country’s UN-backed elections), believing that he could show others the path to wealth and hoping that being a politician might stymy his gambling addiction. He did not fare well in either the 1993 or 1998 parliamentary elections, but his friend, Prime Minister Hun Sen, made him an advisor on commerce and agriculture.
After a particularly devastating gambling loss in 1990, Ngoy flew to Washington, D.C. and joined a Buddhist monastery where he spent a month meditating. Following his time in the nation's capital, Ngoy spent time in a monastery in the Thai countryside where he spent his morning begging for alms. Upon his return to Orange County, Ngoy began gambling harder than ever stating "Monks cannot help me, Buddha cannot help me." He says his Christian faith ultimately helped him abandon the habit.
Ngoy bought additional doughnut shops in Orange County. He became tired running doughnut shops on his own and decided to train and lease shops to his relatives and employ Cambodian refugees. He saw an opportunity to expand his business and help the large number of poor, unassimilated Cambodians who had fled the Khmer Rouge to the United States. By 1987, Ngoy owned 32 Christy's Donuts locations, largely accomplished by living out of a motorhome allowing him and his family to travel up and down the state of California establishing new locations.
Ngoy's fortunes improved dramatically, such that by the mid-1980s Ngoy had amassed millions of dollars through his expanding doughnut shop empire, reported as 50 locations throughout California. In 1985, Ngoy and his wife became American citizens assuming the American names of Ted and Christy, respectively, and were enjoying a lavish lifestyle including a million dollar home at Lake Mission Viejo, a vacation home in Big Bear, expensive cars, and vacations to Europe. Ngoy had become an example to other Cambodian immigrants, who began to follow his business model for their own entrepreneurial endeavors. Ngoy also involved himself in American politics, joining the Republican Party and hosting fundraisers for George H. W. Bush and encouraged fellow Cambodian immigrants to support the GOP.
Ngoy secured work as a janitor with Peace Lutheran Church in Tustin, California. While working a second job at a gas station, Ngoy took notice of a busy local doughnut shop and inquired of its operators about learning the business. He subsequently received training through an affirmative action program to increase minority hiring within the Winchell's chain of doughnut shops, and managed a store in Newport Beach where he employed his wife and nephew. By 1977 he was able to purchase his first doughnut shop, Christy's Donuts, in La Habra. Despite never really being a huge success under the previous owners, Christy's became popular under the ownership of the Ngoys. The Ngoys decided to keep uniformity amongst their shops, naming subsequent acquisitions Christy's.
Despite the wealth he had amassed and his importance within his community, Ngoy felt dissatisfied, remarking that he had "No political life, no religious life, just work, work." In 1977, the Ngoys took a trip to Las Vegas where Ted saw Elvis Presley. It was here that Ngoy had his first taste of gambling while placing bets at the blackjack tables. Ngoy would make a habit of returning monthly to watch performers such as Tom Jones, Diana Ross, and Wayne Newton and indulging in the incentives pit bosses of major casinos offered all the while spending even larger sums at the card tables. This caused tension in the Ngoy household, being the center of many arguments between Ngoy and his wife. Ngoy would often visit Las Vegas for a period of a week, unbeknownst to his wife. He would forge her signature on checks and even borrow money from relatives who leased stores from him. When he was unable to pay back his debt, he would sign over his store to them. Once a paragon in the community, refugees now avoided him for fear of being asked for a loan. Ngoy attempted Gamblers Anonymous, but denied it helped with his situation, stating that when he went to meetings "I cry, everybody cry. After cry, go back gambling." Ngoy's gambling had progressed from the card tables to placing bets on sports games with Cambodian bookies.
In 1967, Ngoy was sent by his mother to study in the capital, Phnom Penh, where he met and married Suganthini Khoeun, the daughter of a high-ranking government official. Ngoy worked at various jobs, including as a travel agent and tour guide, before joining the military in 1970. Through the maneuvering of his brother-in-law, chief of police and briefly future president of Cambodia, Sak Sutsakhan, Ngoy was promoted to the rank of major and appointed military attache at Cambodia's embassy in Thailand. In 1975, Ngoy fled the Khmer Rouge with his wife and three children to Camp Pendleton.
Ted Ngoy (born Bun Tek Ngoy; 1942) is a Cambodian American entrepreneur and former owner of a chain of doughnut shops in California. He is nicknamed the "Donut King."