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NRI
Nishita Shah Third Richest Woman in Thailand & may next gen
billionaires Thailand, August 20, 2008 NRI Nishita Shah, 28, is the largest individual shareholder and director of Precious Shipping, Thailand's biggest dry-bulk shipper with a net worth of $350 million. Her father, Kirit, founded the group in 1989 and took it public 1993. Her family emigrated from India to Burma to Thailand about 10-12 years ago. Nishita Shah is the youngest girl to make the list of the twenty richest Thais constantly seeking new business ventures. Forbes Magazine valued her at $350 million, making her the 13th richest person in Thailand. On the Forbes' list of next-generation billionaires, she is the businesswoman from Thailand, along with golfer Tiger Woods and Elon Musk, co-founder of online payment processor PayPal figure Shah also owns a clothing company called Burn Baby and will soon be launching her own fashion label "Nsha" on three continents at the end of the 2008. Along with her mother- Anju, she is a supporter and fundraiser for Breast Cancer and donated the center $160,000 for education, research and construction. She likes to support educational costs through university for children who lost one or both parents in 2004 tsunami. Nishita is a licensed pilot and has a business degree from Boston University. She said, her father always encouraged her to study anything as long as it was business related. Thailand is the world’s biggest rice exporter, but she became rich by other means. According to local media, she once said, "Inspired by even richer likes such as Warren Buffet and the Bill & Melinda Gates Foundation?. I hope to be able to leave a considerable portion of my wealth to the GP Foundation."
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