Aloke Lohia Net Worth $1.3 Billion
Born Anil P. Lohia on November 27, 1958 in Calcutta, India, he earned his Bachelor of Commerce degree at Delhi University. He additionally holds an honorary Ph.D. from Rajamangala University of Technology Krungthep in Thailand. As of March 2013, Lohia is the eighth richest person in Thailand and 1107th the world. Additionally called the Indorama Ventures, it really is a polyester and yarn manufacturer. It really is based in Bangkok and commenced its operations in 1994. It now has offices in 16 countries and also a total of 32 manufacturing sites. Aloke Lohia served as the Finance Manager 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 the year 2012, the business has reported earnings 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 firm declared it will take a 12-month moratorium on its mergers and acquisitions deals.