Money offshore

3 11 2017

$7.5 million is, we know, only 248 million baht. Hardly anything really. But we have to admit being interested when we saw this headline:

Red Bull Heir Buys Chicago’s Priciest Home of the Year
Jiravat Yoovidhya bought the 130-year-old mansion for $7.5 million

The report states:

An heir to the Red Bull fortune was the deep-pocketed buyer behind Chicago’s most expensive home sale of the year.

Jiravat Yoovidhya, one of late Red Bull creator Chaleo Yoovidhya’s 11 heirs, and his wife, Supatra, bought the 130-year-old Georgian rowhouse in the posh Gold Coast neighborhood for $7.5 million, property records show. The closing in mid-October marked Chicago’s most expensive on-market transaction for over a year, according to the multiple listing service.

Jiravat’s personal wealth is estimated as $4.08 billion. We can only guess whether the apartment might be a place for that other fugitive Yoovidhya, Vorayuth to hang out while avoiding jail time. Having completed the purchase in mid-October, it can be assumed that Jiravat made it back to Bangkok for the big funeral and looked appropriately austere.



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2 05 2020
Sufficiency manure | Political Prisoners in Thailand

[…] baht to help make Thailand more self-reliant…”. This from a family that manages to buy expensive digs elsewhere. But this is often the double standard that emerges when the wealthy promote the dead […]