Early Life
Thaksin Shinawatra was born in San Kamphaeng, Chiang Mai Province, Thailand, on July 26, 1949. He comes from a Thai-Chinese family that was already wealthy and influential in Chiang Mai. His father, Loet Shinawatra, was a member of parliament. He attended the Armed Forces Academies Preparatory School and the Thai Police Cadet Academy. Shinawatra furthered his education in the United States, earning a master's degree from Eastern Kentucky University and a doctorate from Sam Houston State University.
Rise to Success
After returning to Thailand, Shinawatra initially worked in the police force, eventually leaving to pursue business ventures. He founded the Shinawatra Computer and Communications Group in 1987, which later became the foundation for his business empire. He launched Advanced Info Service (AIS), which became the largest mobile phone operator in Thailand, and Shinawatra Satellite, developing and operating Thaicom communication satellites. Shinawatra's successful business ventures led him to become one of the wealthiest people in Thailand.
Key Business Strategies
Shinawatra's key business strategies involved identifying and capitalizing on opportunities in the telecommunications sector. His early ventures in computer rentals and paging services paved the way for the establishment of AIS. He was adept at securing contracts and adapting to technological advancements, ensuring the growth of his companies. His company, Shin Corporation, became a major conglomerate, solidifying his wealth. His approach combined innovation with a focus on expansion and market dominance.
Philanthropy
While specific philanthropic amounts are not readily available in the provided search results, Thaksin Shinawatra has been involved in several philanthropic initiatives. His family established Shinawatra University in 1999, which offers programs in engineering, architecture, and business management. There is a strong indication of charitable giving, especially during his time as Prime Minister, and his family also contributed to various social programs.
