Wednesday, August 20, 2008

Nishita Shah Is Thailand’s Third Richest Woman

Nishita Shah
You’re spot-on, she doesn’t really look Thai. Her family had migrated from India to Burma to Thailand. She got that Thai passport - and she is not only a multi-millionaire and the youngest person to make the Forbes list of the twenty richest Thais. Nishita Shah is a glamorous, single woman who is constantly seeking new business ventures.

But not just her money grants her a spot in our Bangkok Sirens compilation. Nishita is of not too unattractive looks and said to be “very relaxed.” What else could you wish for. And yes, she’s got a private pilot’s license for those special trips and likes yoga and surfing. And did I mention that she’s single at the tender age of 28? And worth some $375 million?

The Boston University grad is largest individual shareholder and director of Precious Shipping, Thailand’s biggest dry-bulk shipper boasting a fleet of 44 ships. Her father Kirit founded the group in 1989 and took it public 1993. The 140-year-old family business is booming. Profits more than doubled in past three years. And Nishita’s favorite color is hot pink.

Leading us to Nishita’s truer colors? The licensed pilot and youngest member on Forbes’ Thailand list also has a clothing company called Burn Baby making “luxury active wear” for “modern urbanite women.”And Nishita is launching her own fashion label - Nsha - on three continents at the end of this year. The director in over 40 group companies bets her heart on her own luxury fashion label Nsha launched in selected boutiques across the world.

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