William Heinecke’s profile picture

William Heinecke

William Heinecke’s profile picture
Net worth 2018: $1.99 Billion
Industry: Real Estate
Residence: Bangkok, Thailand
Country: Thailand
Children: 2
BIOGRAPHY

William Heinecke was born in Bangkok, Thailand, Thailand. William Heinecke is #1133 in List Billionaires People In The World. U.S.-born hotel magnate William Heinecke came to Thailand as a child and started his first business before he turned 18, hence naming his company Minor International. A Thai citizen since 1992, he oversees an empire of more than 150 hotels and resorts, 2,000 restaurants and 300 retail outlets spread across 32 countries. Minor's portfolio includes hotel brands such as Anantara, Four Seasons, St Regis and Portugal's Tivoli. It has franchises for such brands as Swensens, Sizzler, Dairy Queen and Burger King. An auto enthusiast, Heinecke has a collection of 36 cars and motorcycles.

NET WORTH STATISTIC
2015

$1.4 Billion

2016

$1.4 Billion

2017

$1.5 Billion

2018

$1.99 Billion

TIMELINE
William Ellwood Heinecke (Thai: วิลเลียม เอ็ลล์วู๊ด ไฮเน็ค; born 1949) is an American-born Thai businessman. He is the CEO and Chairman of Minor Corporation, the CEO and Chairman of Minor International, and Chairman of Minor Food Group.Heinecke moved to Bangkok in 1963 at age 14 with his family, having previously lived in Japan, Hong Kong and Malaysia. Heinecke's father spent 25 years in the United States military, serving in World War II and the Korean War. When he retired, he joined the foreign service. His mother was an Asia correspondent for Time magazine. Heinecke studied at the International School Bangkok, and persuaded the editor of the now defunct Bangkok World to let him write a weekly column on go-carting. In return, he received advertising space alongside it.At age 17, while still a high school student, Heinecke took over from the Bangkok World's advertising manager. One year later, he founded Inter-Asian Enterprise, to supply office cleaning services, and Inter-Asian Publicity, a radio advertising company, using US$1,200 he had borrowed. He later sold Inter-Asia Publicity to Ogilvy & Mather. In 1967, he founded Minor Holdings, which would over the next four decades would grow into The Minor Group, including more than 30 companies..Heinecke had his first hotel venture in 1978, the Royal Garden Resort in Pattaya. His business ventures have included advertising agencies and other hotels in Bangkok, Hua Hin, Phuket, Chiang Mai, Chiang Rai as well as outside of Thailand. He also introduced American-style fast foods to Thailand in the late 1970s and 1980s – brands like Mister Donut, The Pizza Company and Burger King. Heinecke naturalized as a Thai citizen in 1991, renouncing United States citizenship in the process. He was the president of the American Chamber of Commerce in Thailand and sat on the Prime Minister’s Foreign Investment Advisory Council. He is a supporter of the Thai Elephant Conservation Centre, and authored The Entrepreneur, which has been translated into a number of languages.Minor International Plc is one of the largest hospitality and leisure companies in the Asia Pacific region. The company's hotels and resorts are operated under the Four Seasons, Marriott Resort & Spa, Anantara and other brands in Thailand, Vietnam, the Maldives, the Middle East and Indonesia, and its spa brands like Mandara and Anantara have consistently been named among the best in the world. Minor Corporation manufactures and markets fashion, cosmetics and leisure brands, while Minor International currently operates 16 hotels and resorts and more than 630 branded food service outlets across Asia and the Middle East.In 2013, Heinecke received the ABLF Trailblazer Award from the Asian Business Leadership Forum (ABLF) Awards held in Dubai, UAE managed by Indian Expressions.
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