#2400
Anant Asavabhokin
Overview
- Source of Wealth
- real estate
- Industry
- Real Estate
- Residence
- Bangkok
- Education
- Chulalongkorn University (Bachelor of Engineering)Illinois Institute of Technology (Master of Science in Engineering)Thammasat University (Master of Business Administration)
- Marital Status
- Married
- Children
- 3
Assets
- Land & Houses PCL3,537,000,000 shares @ --LH-TH
Biography
Thai property tycoon Anant Asavabhokin's biggest asset is a stake in SET-listed Land And Houses.
He founded the company with his mother, Piangjai Harnpanij, in 1983. The company is known for its focus on semi-detached houses.
The Covid-19 pandemic hit the company's rental income but saw an increase in the sale of semi-detached houses and townhouses.
In 2021, the company acquired SpringHill Suites by Marriott, a 120-rooom hotel in California for $31 million.
About
In 2017, he resigned from the chairmanship of four of his companies over money laundering charges. He denied any wrongdoing.