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World Top Billionaires

#1415 Surin Upatkoon

$1.3 Billion

Gender
:

Male

Age
:

66

Source
:

telecoms/lotteries/insurance

Residence
:

Kuala Lumpur, Malaysia

Marital Status
:

Married

Children
:

3

Citizenship
:

Thailand

Education
:

High School

Description :

Longtime Malaysia resident Surin Upatkoon got his biggest break when he participated in the acquisition of a major stake in Multi-Purpose Holdings Bhd., which he later split into MPHB Capital, an insurance and real estate outfit. He increased his fortune through Thai telecom InTouch and sold a near 10% stake in 2013. He serves as managing director at gambling business Magnum and also owns a third of MPHB Capital. In 2014 he acquired prime seafront land in Johor. Upatkoon's eldest daughter, Ivevei, is MPHB's executive director. He's lived in Malaysia since 1965, when he arrived in Penang for school and stayed to work and then run his father's textile company.