Bee Taechaubol Explained

Bee Taechaubol
Birth Date:12 September 1975
Birth Place:Thailand
Occupation:Businessman
Spouse:Susie
Children:2

Bee Taechaubol (born 12 September 1975) is a Thai businessman and founder of Thai Prime Company Limited.[1] He specializes in private equity investment in public companies, personally overseeing the turn around and growth of the businesses he is involved in.

Education

Taechaubol spent his high school years in Sydney, Australia, where he attended Newington College (1987–1992).[2] He has a degree in Civil Engineering from the University of New South Wales (1998) and an MBA from Chulalongkorn University (2000).[3] [4]

Business interests

Thai Prime Company Limited is a South-East Asian based Private Equity group, founded by Taechaubol. Thai Prime has interests in a number of sectors, including financial services, construction, property, technology, parking, traffic infrastructure, sports and payment gateways. These interests are primarily South-East Asian centric, but extend across Asia, China and into Australia.[5] Thai Prime operates by acquiring, holding and developing assets over the longer-term. Current holdings include K-Tech Construction Public Company Limited, Electronics Industry Public Company Limited, Country Group Development Public Company Limited, Smart Traffic Company Limited and Asia Park Company Limited. Thai Prime is also acquiring a land bank in Central Bangkok that will soon be under development across a number of real estate segments.[1]

Taechaubol family controls Country Group, a leading property development company in Thailand for over 30 years.[5]

Football

In 2014, Taechaubol acquired the exclusive rights as sole organizer across Asia for the Global Legends Series, a four-game series bringing together legendary football players from around the world. These players play against each other in a Legends vs. Legends four-match series in different cities across the world. Players include Fabio Cannavaro, Michael Owen, Luís Figo, Cafu and Ronaldo amongst others.The Global Legends Series inaugural match took place on 5 December 2014 in Bangkok, Thailand. Launched with a ceremony to honour his Majesty King Bhumibhol Adulyadej’s 87th birthday, the event was broadcast across the globe to more than 200 million viewers.[6] In unison with Global Legends Series, legacy and youth programs are delivered to the countries played in, with long-term programs running in countries such as China, partnering with the country’s Ministry of Education to deliver football to 200 million children over eight years old.[4]

On June 5, 2015, it was announced that Bee Taechaubol will purchase a 48% stake in Italian football club A.C. Milan, pending further negotiations that are expected to take up to eight weeks for approval.[7] However, the deal collapsed after Silvio Berlusconi decided to sell 100% of the club to Li Yonghong.[8]

Personal life

Taechaubol is married[9] and has two children. He spends most of his time in Bangkok, Thailand, where his holding company Thai Prime is based. Besides his professional career, he is also the Global Ambassador for The Nourafchan Foundation, the world’s first participatory, open-source philanthropy whose mission is to improve the human condition. Recent projects include several infrastructure and education projects for orphans and those impoverished in Kenya’s largest slum, Kibera.[10]

Bee Taechaubol is the son of Sadawut Taechaubol.[11]

Notes and References

  1. Web site: Bee Taechaubol: Executive Profile & Biography - Businessweek. Businessweek.com. 18 May 2015.
  2. Newington College Register of Past Students 1863-1998 (Syd, 1999) pp 193
  3. Web site: Thai entrepreneur Bee Taechaubol brings investment to local SMEs. The Worldfolio. theworldfolio.com. 18 May 2015.
  4. Web site: From dishwasher to billionaire: Mr Bee only had eyes for AC Milan. Goal.com. 18 May 2015.
  5. Web site: Thai sibling rivalry generates deals. FinanceAsia. 18 May 2015.
  6. Web site: Legends of the game set to kick off in Thailand. 28 October 2014. The Nation. 18 May 2015.
  7. Web site: Breaking News: COMUNICATO CONGIUNTO. acmilan.com.
  8. News: The AC Milan takeover that never was: how Silvio Berlusconi's change of heart changed everything for Mr Bee. Pitt-Brooke . Jack . 23 June 2017 . The Independent. 2017-07-20. en.
  9. Web site: Milan Fans ★ on Twitter. Twitter. 18 May 2015.
  10. Web site: KIBERA SLUM & REC SCHOOL. Promoting Group. nourafchan.com. 18 May 2015.
  11. Web site: Wie is Ben Taechaubol, de investeerder die dit weekend AC Milan overneemt?. 22 April 2015.