Thaksin Shinawatra Net Worth Money and More

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Net Worth: $1.7 Billion

Profession: Politician

Secretary of Defense Donald H. Rumsfeld host visit of Prime Mini

Thaksin Shinawatra was born in the year 1949, on July 26th.  Thaksin Shinawatra is the one who was business tycoon but afterwards became a successful politician. He is the founder of Advanced Info Service, which is the most successful mobile operator. In the 1998, Thaksin Shinawatra found Thai Rak Thai party (TRT) and thereafter in the year 2001, Thaksin Shinawatra became Prime Minister of Thailand. He stays Thailand’s President’s place till the year 2006.  He got the charge of misusing his power and position. The charge was of providing a public land to his wife at an auction.  By the Supreme Court’s Criminal Division for Holders of Political Positions, he got imprisonment for the term of two years. Thaksin Shinawatra visited back to Thailand for a short time in the year 2008. This was not the only charge on him, several other charges were waiting for him to be soon claimed and proved. Yingluck Shinawatra was Thaksin Shinawatra’s sister. Who is currently working as the Prime Minister of Thailand’s, caretaker.

Heritage and early life

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Thaksin Shinawatra’s grandfather, Seng Sae Khu started staying in the Siam from the year 1860. Before that he was staying in the Meizhou, Guangdong situated in China. In the year 1890, in Chanthaburi, Seng Sae Khu gets married with the Thai woman named Saeng Somna and was blessed with the first child, Chiang Sae Khu. In the year 1908, Seng Sae Khu got settled in the Chiang Mai. Sak was Chiang Sae Khu’s eldest son, who due to the anti-Chinese moments in the year 1938 changed his surname from Khu to Shinawatra (a Thai surname). After him, whole family changed theirs surname too. In the tax farming, Seng Sae Khu tried his luck. Shinawatra silk was founded by the Chiang Sae Khu/Shinawatra. Chiang Sae Khu never stick to a particular business, he switched from Silks to finance then construction and then moved in the property development business. In the year 1919 in Chiang Mai, Thaksin’s   father Lert was born. His father gets married with the daughter of Princess Jantip Na Chiang Mai, Yindi Ramingwong. Lert’s Shinawatra wife, Yindi Ramingwong was of Hakka Chinese descent. In the year 1968, Lert Shinawatra put his feet’s in the politics field. He became MA of Chiang Mai and also the deputy leader of Liberal party (which is now defunct). Lert Shinawatra left politics in the year 1976 and settled his own coffee shop. Along with the shop, Lert Shinawatra started growing oranges and flowers in the San Kamphaeng district of Chiang Mai. After his great efforts, Lert Shinawatra also opened a gas station, two theaters and a car and motorcycle dealership. Because of his so hard work, his family came in the list of top rich families and was holding the position and power too in their hands. Thaksin Shinawatra took birth in Sam Kamphaeng situated in Chiang Mai Province. He spent his childhood in Sam Kamphaeng village only and then when he turns to the age of 16, he moved to Chiang Mai’s City. He joined Montfort College there and started giving support to his father in the functioning of cinemas. In the year 1980, Thaksin Shinawatra gets married with the Potjaman Damapong. Potjaman Damapong is the daughter of the police general. Thaksin Shinawatra and Potjaman Damapong were blessed with one son and two daughters. Panthongtae was his son’s name and their daughter was named, Pintongtha and Peathongtarn. In the year 2008, unfortunate falls and they got separated.

 

Police career

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Thaksin Shinawatra became the part of the Armed Forces Academies Preparatory School when he was in the 10th class. After this he was sent to Thai Police Cadet Academy. After completing his graduation in the year 1973, he admitted to the Royal Thai Police. In the year he earned his master’s degree from Eastern Kentucky University in the course of Criminal Justice. Afterwards in the Texas at the Sam Houston State University, Thaksin Shinawatra was awarded with the doctorate in the Criminal Justice.  When he returned back to Thailand he achieved the position of Deputy Superintendent of the Policy. Thaksin Shinawatra started planning for different divisions and fulfilled his responsibilities efficiently and effectively. Because of his tremendous performance he became a lieutenant colonel. In the year 1987, he resigned from the position of the lieutenant.

Richness

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He is a very rich personality. He leads a very lavish and luxurious lifestyle. His profession has made a lot of money for him. His net worth is said to be $1.7 billion. He has invested a lot of money in many hotels and restaurants. Thaksin owns a hotel near Krabi Town. The rooms of the hotel are quite good. The interior of the hotel is designed using wooden furniture. Many other facilities like AC, Wi fi, and television are also available in his hotel. It is said that Thaksin was already rich before he entered in the field of politics. He even owns a huge and very beautiful mansion in Hong Kong. The estimated market price of the mansion is said to be 75 million. He also owns a very lavish and luxurious car named Rolls Royce. Apart from this, Thaksin has many expensive assets. The market value of all his assets is considered to be $5 billion.

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