Aloke Lohia Net Worth

Net Worth: $1.3 Billion
Statistics
  • Source of Wealth:

    Polyester
  • Age:

    59
  • Birth Place:

    Calcutta, India
  • Marital Status:

    Married to Suchitra Lohia
  • Full Name:

    Anil P. Lohia
  • Nationality:

    Thai
More Stats View More

About Anil P. Lohia

Aloke Lohia is a Thai businessman and he has an estimated net worth of $1.3 billion as of May 2016 according to Forbes. Born Anil P. Lohia on November 27, 1958 in Calcutta, India, he earned his Bachelor of Commerce degree at Delhi University. He also holds an honorary Ph.D. from Rajamangala University of Technology Krungthep in Thailand.

Lohia accumulated his estimated net worth of $1.3 billion when he founded Indorama Ventures Public Company Limited on January 1, 1994. As of March 2013, he is the eighth richest person in Thailand and 1107th the world. Also called the Indorama Ventures, it is a polyester and yarn manufacturer. It is headquartered in Bangkok and started its operations in 1994. It now has offices in 16 countries and a total of 32 manufacturing sites.

Aloke Lohia served as the Finance Director of P.T. Indo Rama Synthetics in Indonesia from 1979 to 1987. It was in 1988 when he founded his group in Thailand where he is now a resident. In 2012, the company has reported revenues of $7.8 billion which is slightly lower than the targeted value of $8 billion from the analysts due to overcapacity. It stock was still down by more than 10% as the margins took hit. In November of the same year, the company announced that it will take a 12-month moratorium on its mergers and acquisitions deals.

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