Billionaire Profile
Surin Upatkoon
Global Rank
#2607

Image: Public domain | via Wikimedia Commons

Surin Upatkoon

CEO, Magnum Berhad
TH
Real-Time Net Worth
$1.36B
As of December 2025
Age
76
Source
Telecom, lotteries, insurance
Industry
diversified
Citizenship
TH

Biography

Surin Upatkoon, a Thai national residing in Malaysia, is a highly successful businessman with a diverse portfolio. Born in Thailand, he is 76 years old and has built his fortune through telecommunications, lotteries, and insurance. His net worth is estimated at $1.36 billion. Upatkoon's career began in the textile industry before he transitioned into the gaming and telecommunications sectors, where he has achieved significant success. He is known for his strategic leadership and has been involved in several key business ventures throughout his career.

Wealth Over Time

In-Depth Profile

Early Life and Education

Surin Upatkoon, a Thai national, completed his secondary education at Han Chiang High School in Penang, Malaysia, in 1970. He moved to Penang for his education and later resided in Malaysia for decades.

Rise to Success

Upatkoon's career began in 1971 at MWE Weaving Mills Sdn. Bhd. as a manager. He then held the position of Managing Director of MWE Spinning Mills Sdn. Bhd. in 1974. In 1976, he became an Executive Director of MWE Holdings Berhad. His business interests span across various sectors, including telecommunications, lotteries, and insurance. He made his fortune by selling his stake in Thai telecom company InTouch in 2013 and has stakes in listed gaming company Magnum and textile firm MWE.

Key Business Strategies

Upatkoon has demonstrated strong leadership and strategic acumen throughout his career. He played a key role in the expansion and development of the MWE Group of Companies, which were involved in property investment, construction, and textile manufacturing. He has also been involved in policy-making aspects of operations within the Magnum Group.

Philanthropy

Upatkoon serves as a Trustee of the Chang Ming Thien Foundation and the Magnum Foundation, indicating a commitment to philanthropic activities, though specific amounts are unavailable.

Career Milestones

1971

Manager

Began career at MWE Weaving Mills Sdn. Bhd.

1974

Managing Director

Appointed Managing Director of MWE Spinning Mills Sdn. Bhd.

1976

Executive Director

Executive Director of MWE Holdings Berhad.

2000

Executive Director

Appointed Executive Director of Magnum Berhad

2002

Managing Director

Appointed Managing Director of Magnum Berhad

Philanthropy & Social Impact

Charity

Chang Ming Thien Foundation

$XB

Trustee

Charity

Magnum Foundation

$XB

Trustee