Name:
Aloke Lohia
Date of Birth:
27th November 1958
Country of Birth:
India
Country of Residence:
Thailand
Source of Wealth:
Petrochemicals
Marrital Status:
Married to Suchitra Lohia
Children:
3
Aloke Lohia Net Worth USD: $1,615,000,000 - $1,785,000,000
2020 Mean Estimate USD:
$1,700,000,000
Aloke Lohia Biography
Born in Kolkata, Lohia went to Delhi University graduating with a Bachelor of Commerce degree. He founded Indorama Ventures PCL, which today is the largest producer of PET (Polyethylene Terephthalate) polymer in the world. He was the finance director of P.T. Indorama Synthetics in Indonesia until 1987. The following year he moved to Thailand, and has lived there ever since, setting up Indorama Holdings in 1994 Thailand’s first wool business in 1994. He founded his new country of residence’s first PET business, Indorama Polymers a year later.
Lohia entered into a joint venture with Indian company Dhunseri Petrochem to produce polyester resin in Eastern India, and Indorama as a whole has embarked on several acquisitions in recent years in an attempt to expand its global presence.
His older brother Sri Prakash Lohia is one of the richest men in his adopted country of Indonesia. Aloke is an honorary investment advisor to the Thai government.