Education Website. His strategy reflects raw market sentiment. In 2013, an article in Forbes magazine concluded that he was Sri Lanka’s richest man with a net worth of US$500mn. During this time I got a lot of exposure and experience that proved key to my success in my later years. Mahesh Gayantha Jayathilake. Holder of Dip.Ing. 142 before closing at … 351.4 Mn. State-run Sri Lankan Airlines is expecting revenues to drop 60 percent to 400 million US dollars in the coming year forcing the airline to trim its fleet and costs to survive, Chairman Ashok Pathirage said. 6 Trevine Jayasekara. Saddled with $ 1 billion (Rs. Sri Lanka has its own share of financial pundits / analysts who have like colleagues elsewhere in the world, got it spectacularly wrong at times, but especially wrong when it came to predicting how the market would respond after the war. 3 Billion in the process in capital gains realised and unrealised. State-run Sri Lankan Airlines is expecting revenues to drop 60 percent to 400 million US dollars in the coming year forcing the airline to trim its fleet and costs to survive, Chairman Ashok Pathirage said. Mr. Ashok Pathirage, recognised as a visionary leader of Sri Lanka’s corporate world, is the founding member and Chairman/ Managing Director of Softlogic Group, one of Sri Lanka’s leading conglomerates. Hettigoda, Chairman of Hettigoda Group of Companies, was born at Kananke. Sarath Hemachandra branched out from the family business and founded Vogue Jewellers. 2 Ashok Pathirage. Business & Economy Website. Manik who was born in 1942, followed his father’s steps and had his education at St. Joseph’s College between 1950 -1961 and represented College in Cricket & Rugger. 9: Mr Muzaffar Ali Yaseen: Muzaffar Ali Yaseen is the 9th top 10 … Veranthi has 3 jobs listed on their profile. Nahil Wijesuriya 1 Billion last year just on this share alone. Dinesh Nuwan Amarathunge is a leading businessman and barrister in United Kingdom who holds the 17th position of the top 20 richest and powerful people in Sri Lanka. 3 RusselL De Mel. Dr. R. Sentheivel Join Facebook to connect with Ashok Pathirage and others you may know. Business tycoon Harry Jayawardena has been collecting John Keell’s holdings stocks while Softlogic Group Chairman Ashok Pathirage was seen collecting NDB stocks over the past week. He was listed among the witnesses to testify in the prosecution of Rajapaksa and six other officials of the Low- Lying Areas Reclamation and … Harry Jayawardena at 3rd position in the list of top 20 richest and powerful people in sri lanka. Jodhpur, Nov 21 : At least three people were injured and properties worth millions were gutted... Ashok Kumar Our friends at MotorBash.com have snapped the Ashok Leyland Dost CNG version testing in Pune. Based in the United Kingdom Dr. Yaddehige holds a lucrative patent for products that are widely used in Mercedes Benz and BMW cars. On a standalone basis, for the year ended March 31, 2018, SHL reported … Ex-president of pakistan, Pervez Musharraf has been sentenced to death. However the family has been in the jewellery business for generations and Vogue remains a family business. View the profiles of people named Ashok Pathirage. is total wealth is approximately $170 million. Environmental Service. Abbas Akbarally is Chairman of Akbar Brothers, the world’s largest tea company. Director, Dial Textiles Ltd. is total wealth is approximately $110 million. 5 Kimarli Fernando. SriLankan Airlines’ monthly CPC bill alone was about $ 14 million, with only $ 6 million out of it being paid each month before the local Covid-19 outbreak. Doha is a prominent route in SriLankan’s Middle Eastern operations, airline chairman Ashok Pathirage said and noted Qatar generated the second … from Germany. He was indicted in 2014 on a total of five charges, including three counts of subverting, suspending and changing the country's constitution, firing Pakistan's chief justice, and imposing emergency rule. In 2013, an article in Forbes magazine concluded that he was Sri Lanka’s richest man with a net worth of US$500mn. Pathirage isn’t planning to ask shareholders for more cash but points out he could raise Rs10 billion – if he needed – by selling the retail arm he reckons is worth $100 million (Rs12.5 Bn) or the 51% group stake in Asiri Hospital Holdings, which is probably worth around the same amount according to his estimates. The luxury coach business gathered momentum after relaxation of leasing restrictions for tourist … 4 Billion, he sits on the boards of many Dhammika Perera companies. Estimated to be worth at least Rs. The Company is the financial … The former “King of Bonds” is a prolific investor on the Colombo Bourse and has a diverse portfolio. Ashok Pathirage Chairman/ Managing Director. Ex-president of pakistan, Pervez Musharraf has been sentenced to death. Of LOLC fame, Nanayakkara has been an active strategic investor along with members of his family. He used to bring the jewellery to Colombo and showcase them from house-to-house. is total wealth is approximately $135 million. Recently Harry Jayawardena became for all intents and purposes a “wealth creator” when his Stassen’s warehouseman, Ronald Perera became a billionaire following the sale of a tranche of shares in CDB Exports. Ashok Pathirage The Softlogic pioneer, has expanded rapidly and created Softlogic Holdings with over a dozen businesses under that umbrella. Under Pakistan's constitution, high tre, The most richest and powerful people in Sri Lanka. He is the brother of another Sri Lankan, rated 4th richest person, namely Mr. Mano Selvanathan. Nimal Perera is easily Sri Lanka’s most prolific stock market trader. It is one of the leading private sector organizations in, . is total wealth is approximately $120 million. As a cost reduction measure, SriLankan Airlines authorities have decided to lay off at least 500 of their permanent staff by offering a Voluntary Retirement Scheme (VRS), and the airline has already sent around 400 of their contracted/outsourced staff on no-pay leave. See Ashok Pathirage's compensation, career history, education, & memberships. This has resulted in the consolidated group having a moderately stretched capital structure and coverage indicators, although with the recent fund raising the gearing … By Ishara Gamage. His entry and exits are usually quick. Sohli and Rusi Captain family is the 2nd top richest and powerful people in Sri Lanka. If Perera can make it to the Forbes global billionaires list, he will be the first Sri Lankan since former hedge fund titan Raj Rajaratnam. 1 Billion. Joined the DIMO Company in June 1973. But they have been flying repatriation flights; for that we are supplying Rs. It’s the first time in Pakistan's history that an army chief has been tried and found guilty of treason. © NP Capital Group 2021. A detailed revamp of the broking firm was carried out with recruitment of a dynamic sales team and research unit. 8: Wegapitiya: Wegapitiya is positioned at 8 in our about top 10 richest people in Sri Lanka No. He reaped handsome capital gains when he sold the hotel to Hayley’s controlled by Dhammika Perera. *Their fully‐owned subsidiary KIA Motors also imports a … On a consolidated basis, for the year ended March 31, 2018, SHL reported a PAT of LKR 2,278 Mn on a revenue of LKR 66,019 Mn vis-à-vis a PAT of LKR 920 Mn on a revenue of LKR 58,882 Mn during the previous fiscal. Nawalage Joseph Hiran Mahinda Cooray is a businessperson who has been the head of 8 different companies. Mr.muzaffar Ali Yaseen - a high net worth individual with several investments in listed business entities both in Sri Lanka and overseas.He is the Chairman of Foodbuzz also. Mr. Kassim is currently the Chairman of Amana Bank and Vidullanka PLC and holds directorships in Ex-Pack Corrugated Cartons (Pvt) Limited, Amana Takaful PLC - Sri lanka, Amana Takaful Maldives Limited – Maldives and Crescentrating (Private) Limited – Singapore. Chairman of Odel Ltd, 9/2014-PRESENT , Asiri Hospitals Holdings PLC, 9/2012-PRESENT, NDB Capital Holdings PLC, 6/2012-PRESENT. That is how Hemachandra Brothers was established and that is where the family first based its business. As a result, Colombo is poised to go from a place with a lack of modern shopping space to one with a collection of impressive retail venues. His strategic investment paid off handsomely when he sold his controlling interest in the hotel just as the war was being won. Business tycoon Harry Jayawardena has been collecting John Keell’s holdings stocks while Softlogic Group Chairman Ashok Pathirage was seen collecting NDB stocks over the past week. View the profiles of people named Ashok Pathirage. This may be why a spate of high net worth individuals over the past couple of weeks was buying blue chips. He has over 40 years of senior management experience. in absentia for high treason following a six-year legal case. The Company offers a range of product and services comprising retail, small and medium-sized enterprises (SME), corporate, institutional and net worth clients, which cover life and general insurance, leasing and finance, equity brokering and asset management. His main income source is publishing international mathematical books all over the world. Ashok has been doing some travelling on the literary circuit, visiting Bhutan, Leipzig and Brunei. Doomsday Soothsayers SriLankan Airlines’ newly-appointed Chairman, veteran businessman Ashok Pathirage and its CEO, Vipula Gunatilleka yesterday (22) unveiled to the nation their home-grown strategy and commitment to turn around the loss-making, COVID-19-affected national airline into to a profit-making entity within a few years without the assistance of any strategic investors by making it a national priority. The Softlogic group’s financial services holding company, Softlogic Capital PLC, posted a net profit of Rs.163 million for the quarter ended June 30, 2016 (1Q17), a … As a result, Sri Lanka is in need of so-called destination outlets and key retail landmarks to draw tourists. In November 2010 he actively asked investors not to buy stock in financial institutions like banks. Has established himself as something of a specialist in finance sector shares, focusing on banks. With a diverse portfolio, Dr. Sentheivel is easily the least known publicly but well known to the financial markets. Sri Lanka's stock market edged down on Tuesday as retail investors booked profits and sold stakes ahead of Sri Lanka's largest … At present Sohli and Rusi Captain’s total wealth lies approximately at $250 million. Old Josephian Manik Pereira is presently the Chairman of Pership/Asha Group of Companies. Mr. Perera is the founding Chairman and Managing Director of Vallibel One Group, that is holding , financial services company. online newspaper in sri lanka, latest news, political news, sports news, business news, entertainment news, obituaries, local news, feature news, sri lankan news stories, government gazette, marriage proposals Nanayakkara has recorded big capital gains especially made when being positive about Sri Lanka’s economy during the “war years”. Musharraf seized power in a military coup in 1999 and ruled Pakistan as President until 2008. Perera is his own mentor, an avowed ‘Dhammikologist’ and his unpredictable decision making has led to claims that he cares very little for the fundamentals — whether his stocks are blue chip or chocolate chip. 8 Sarath Wikramanayake. Appointed as the Chief Executive Officer in 1994. The government retained a majority stake in the airline but gave full control to Emirates for investment and … Appointed as joint Managing Director in November 1984 and as Managing Director in 1986. He exited Asia Capital at the same time as having interests in the media which he has now divested. The recently concluded Private Placement was oversubscribed considerably. Brokers confirm that with just the one strategic purchase made during the war, he netted gains in excess of Rs. The Sri Lankan Equivalent of Warren Buffet’s company Berkshire Hathaway, is the recently launched “Vallibel One” which created unprecedented euphoria amongst investors. Ashok Pathirage holds 7th in the list of top 20 richest and powerful people in sri lanka. Estimated to be worth at least Rs. At present Harry Jayawardena’s total wealth is approximately $200 million. Increased tourism to Sri Lanka has reflected favourably on Odel. Eshana De Silva Mr. Ashok Kariyawasam Pathirage is a Chairman at SriLankan Airlines Ltd., a Chairman & Managing Director at Odel Plc, a Chairman at Softlogic Life Insurance Plc, a Chairman at Softlogic Capital Plc, a Managing Director at Asiri Central Hospitals Ltd., a Chairman & Managing Director at Asiri Hospital Holdings PLC, a Chairman & Managing Director at Asiri Surgical Hospital Plc, a … is total wealth is approximately $150 million. He is the c. is total wealth is approximately $71 million. 3 RusselL De Mel. is total wealth is approximately $64 million. We also now have as our client Auerbach Grayson, a leading … 07 ) Ashok Pathirage. Pathirage is credited with having invested heavily but strategically during the war years, enabling his companies to gain control and record impressive capital gains. If Perera can make it to the Forbes global billionaires list, he will be the first Sri Lankan since former hedge fund titan Raj Rajaratnam. However due to a lack of transparency in ownership and the involvement of various shareholders it is near impossible to accurately estimate his net worth and web of companies. 4 Billion, he sits on the boards of many Dhammika Perera companies. This may be why a spate of high net worth individuals over the past couple of weeks was buying blue chips. Mr. Mano Selvanathan is a board member of Ceybank Asset Management Ltd, Group Director Carson Cumberbatch PLC, Chairman Sellinsing PLC Chairman, Sri Krishna Corporation Limited, Chairman Ceylon Finance and Securities Limited.At present his total wealth is. These are the top 20 people listed as the most richest and powerful people in Sri Lanka. Asiri Hospitals Holdings PLC, 9/2012-Present, NDB Capital Holdings PLC, 6/2012-Present. Appointed as the Chairman, Managing Director and CEO in July 2004 and continues to be Chairman/Managing Director since April 2012. Financial sources estimated that Perera had twice found his wealth reduced to zero before he embarked on his now successful route. CEO. View Veranthi Uduwawala’s profile on LinkedIn, the world's largest professional community. Joining the Sri Lanka Army after graduation, he was elevated to the rank of Captain in 1968. GAHRI LOHARIA (THANA) 26/11/2011 - 3 Ashok … No. Osman Kassim was the Founding Chairman of the Expolanka Group. He is an international mathematician. is total wealth is approximately $100 million. I joined the company as a trainee in the IT Department for a salary of Rs. High net worth investors shun forex, stock markets . SriLankan had earned about a billion US dollar in the just concluded year, and had lost 150 million dollars, Pathirage added. Nimal Perera top-end institutional and high-net-worth-investors in addition to its retail client base in Sri Lanka, offering integrated services which include investment banking, institutional broking, retail broking and financial product distribution businesses. Currently, he is Chairman of Jetwing Air (Pvt) Ltd., Chairman at Jetwing Hotels Ltd. (a subsidiary of Jetwing Air (Pvt) Ltd.), Chairman at Jetwing Symphony PLC and Chairman for The Lighthouse Hotel Plc. This same atmosphere has inspired businessmen and it has been the principal reason … 2 Ashok Pathirage. The company’s current liabilities exceeded its current assets by Rs. His portfolio includes strategic holdings in a variety of major listed companies and brokers credit him with investing heavily during the war. Wegapitiya is positioned at 8th in the list of top 20 richest and powerful people in sri lanka.. is total wealth is approximately $165 million. His most famous graduate would be the Stock Trader, Nimal Perera who has graduated as a billionaire along with many others silently following Dhammika Perera’s investments. He served as the first Sri Lankan chairman of John Keells Holdings Ltd., the largest conglomerate in the island. of Renuka Hotel fame is a seasoned investor on the Colombo Stock Exchange with holdings in a variety of companies. Those valuations are at odds, he admits, with the Rs8.4 billion market capitalization of SHL. Manik Pereira comes with an illustrious career and family background. View Ashok Pathirage’s profile on LinkedIn, the world’s largest professional community. Ashok Pathirage, Dhammika Perera, Rajendran Theagarajah, Sriyan Gurusinghe and W K H Wegapitiya Much has been made of the United Nations meeting starting this week in Geneva. (17 June 1920 – 10 August 2011), known as, , was a business magnate, philanthropist and chairman of the Navaloka Group of companies. The new malls will more than double the net retail floor area available in the capital. “We have … Education Website. His investment strategy is purely driven by profit and Perera hardly ever takes a medium or long term investment. Pathirage is credited with having invested heavily but strategically during the war years, enabling his companies to gain control and record impressive capital gains. The... Ashok Natarajan and Chandana Chakrabarti Ashok-gahlot Share Written By Ashok CHANDMAL JAIN SELF EMPLOYED 8784405990 BHIMPUR TH. 5 Kimarli Fernando. 273.36 billion. A case in point was the advice sent out by Amal Sanderatne of Frontier Research. Furthermore land sector, finance, IT are the other main sources of his income. Weerasooriya stated that the Treasury is yet to communicate to CPC the debt amount that will be settled by the treasury … It took him nearly 12 years to learn the art of Ayurveda Medicine. An active investor and trader in blue chip stocks Shankar has a financial background having started his career at Walker & Greig, the predecessors to Environmental Resources (ERI). In Sri Lanka the financial market reports him as being strategic and he has taken control of Richard Pieris and Company. Fast-growing conglomerate buys 45% stake for Rs. Extensive diverse holdings including: Pan Asia, Vallibel One, LB Finance, Lanka Aluminium, Sampath Bank, Royal Ceramics, Vallibel Finance, Hayleys, Connaisance, Amaya, Fortress. Business tycoon Harry Jayawardena has been collecting John Keell’s holdings stocks while Softlogic Group Chairman Ashok Pathirage was … Half-a-dozen of Sri Lanka’s highest net worth business leaders yesterday backed to the hilt stronger policy consistency and implementation by the Government, acknowledging that the private sector was becoming increasingly frustrated by perceived policy stagnation but remained keen to engage with officials. Company : Softlogic Holdings (Pvt) Ltd. 2 the group has followed aggressive debt funded capex and acquisitions in the past and has high capex plans under the retail entity in the medium term. Ford Ranger drove the volumes while its after sales business also reported a steady increase in revenues. Brokers confirm that De Silva has traded strategically in the market, netting some Rs. Member of the Institute of Engineers, Germany (VDI). Shankar Somasunderam His grandfather Chevalier I.X.Pereira was Chairman of F.X.Pereira. SriLankan Airlines new Chairman and business leader Ashok Pathirage said that in January the airline made a small yet welcome profit only to be impacted by the novel coronavirus (COVID-19) from late March onwards. Motivational Speaker. Muzaffar Ali Yaseen is the 9th of the top 20 richest and powerful people In Sri Lanka. Artist. Founder and visionary of Maga Engineering, Kularatne is a graduate of the University Ceylon. The request was made in a backdrop, where many corrupt transactions within the airline, have come to light. Government has placed all their bets on the war, but successes in that theatre have not activated the confidence of high net worth investors, … SHL was founded by the prominent Sri Lankan entrepreneur Mr. Ashok Pathirage, who has the controlling stake of the company. He holds 11th in the list of top 20 richest and powerful people in sri lanka. Tutor/Teacher. He was a renowned philanthropist and the. Furthermore, NDB … Deputy Chairman. 800. Sri Lankan stocks hit their highest closing in more than three years on Thursday, led by banking and telecommunications companies, as low interest rates … The 76-year-old former leader, who has lived in self-imposed exile in Dubai in the United Arab Emirates for more than three years, has the option to appeal the verdict. Asian Alliance Insurance Plc yesterday bought Rs. The Softlogic pioneer, has expanded rapidly and created Softlogic Holdings with over a dozen businesses under that umbrella. Victor was the fifth of a family of nine children. 1 Gearing is calculated as net borrowings (total borrowings less cash) divided by net worth . SriLankan had earned about a billion US dollar in the just concluded year, and had lost 150 million dollars, Pathirage added. 2 million worth of fuel, monthly, since April,” Weerasooriya added. Sri Lanka stock picks site has been developed to give first hand information with regard to share trading opportunities available for investors who do not like go through lengthy research reports, calculations,etc but to have a clear idea about stocks that have future up side potential.Our service is just not for day traders but for the investors who wish to see their money growing in the long run.Our main … See More triangle-down; Pages Public Figure Motivational Speaker Nuwan M. … Ashok Pathirage holds 7th in the list of top 20 richest and powerful people in sri lanka. 2 Billion on trading. A strategic investor usually in for the long haul. Mr. Cooray is also Chairman of The Responsible Tourism Partnership and Director-Pottuvil Point at The Surf Travel Co. Holdings Pty Ltd. and on the board of 41 other companies. Companies under his belt include Asiri Hospitals, Uni Walkers, Central Hospitals. The net lending portfolio includes leasing and hire purchase, gold loans, group personal loans and business loans. Hashan Madusanka. A three-member special court in Islamabad on Tuesday convicted Musharraf of violating the constitution by unlawfully declaring emergency rule while he was in power, in a case that had been pending since 2013. SriLankan Airlines new Chairman and business leader Ashok Pathirage said that in January the airline made a small yet welcome profit only to be impacted by the novel coronavirus (COVID-19) from late March onwards. According to Pathirage, the two State banks, as well as CPC and the IRD, have already agreed to fulfil SriLankan Airlines’ requests. At present Mr. Dhammika Perera total wealth stands at approximately $550 million. The most significant matter worth speaking about, is the need to be aware that whatever the outcome in Geneva, the atmosphere created by President Mahinda Rajapaksa in terms of the peace following the thirty year war, has permitted all the people of Sri Lanka to lead ordinary lives, without fear for their safety. Ravi Thambiayah 2012 saw the divestment of AVIVA NDB to AIA, which brought significant capital gain to NDB. Mahinda Rajapakshe was the previous Sri Lankan president, Who also holds the 6th position in the list of top 20 Richest and powerful persons in Sri Lanka. Chem guide. Indra Silva Local markets are hit by a dearth of high net worth investors leading to a depressed state of activities despite recent military successes, market sources said. All rights reserved, David Pieris, Indra Silva and Nimal Perera among main buyers of ComBank shares. Dhammika Perera is the number one richest person in Sri Lanka. Subsequently, he served as the Administration Officer at the New Parliament project at Sri Jayewardenepura for Mitsui Construction of Japan and as the Chief Administration Officer at the Sri Jayewardenepura General Hospital Project for Kajima Corporation of Japan. SriLankan Airlines (marketed as SriLankan) is the flag carrier of Sri Lanka and a member airline of the Oneworld airline alliance.It is currently the largest airline in Sri Lanka by number of aircraft and destinations and was launched in 1979 as Air Lanka following the termination of operations of the original Sri Lankan flag carrier Air Ceylon. Forbes at one time estimated Rajaratnam’s net worth at over US$2bn. 144.90 and a low of Rs. 4 Sujeewa Rajapakse. Markets are "driven" by retailers who have no holding power. Pathirage isn’t planning to ask shareholders for more cash but points out he could raise Rs10 billion – if he needed – by selling the retail arm he reckons is worth $100 million (Rs12.5 Bn) or the 51% group stake in Asiri Hospital Holdings, which is probably worth around the same amount according to his estimates. Ashok Pathirage key witness in Gota’s prosecution: Sep 10 (EN) SL's top business magnate Ashok Pathirage was cited as a key witness in the prosecution of Gotabhaya Rajapaksa before the newly established special high court on Monday. 35 million between a high of Rs. The doomsday soothsayers have joined some of … He was an Old Benedictine and at one time was acting Minister of Labour, Trade & Commerce in the D.S.Senanayake Government. Join Facebook to connect with Ashok Pathirage and others you may know. 7 Billion, the Nanayakkaras appear to have made the right decisions. 326 billion. Companies under his belt include Asiri Hospitals, Uni Walkers, Central Hospitals. NDB Bank, DFCC are a few to be mentioned and he too benefited by investing during the war and taking that risk. Meanwhile businessman Nimal Perera has been buying Asian Hotels and Properties Ltd stock during … , Matara. Based in Sri Lanka, the company also has diversified operations in cement, and wind and hydro power. & Sons. Ashok Pathirage is Chairman/Managing Director at Odel PLC. Ashok’s profile is also likely to rise in the wake of his scheduled appearance at key literary festivals in India, particularly the 2013 Jaipur Literary Festival to … Tourists, especially those from China, tend to prefer world-class retail spaces. Ashok Pathirage: Ashok Pathirage holds 7th position in the list of 10 top richest people in Sri Lanka. His investments in the stock market have been more acquisition led than trading. Dhammika Perera has diverse business interests throughout Sri Lanka. guruthuma.net. 50+ Million for a 10% stake has earned him capital gains of over Rs. Manik’s father F.X.A. Colombo (News 1st) – Ceylon today reports that Chairman of SriLankan Airlines, Ashok Pathirage had requested for a capital injection of 300 million US dollars, to prevent the airline from facing a debt crisis. See the complete … Chairman of Odel Ltd, 9/2014-Present, Asiri Hospitals Holdings PLC, 9/2012-Present, NDB Capital Holdings PLC, 6/2012-Present.At present his total wealth is approximately $170 million. Ashok Pathirage: Ashok Pathirage holds 7th position in the list of 10 top richest people in Sri Lanka. 211.64 billion and total liabilities exceeded its total assets by Rs. Automobile Automotive sector revenue grew 16.8% during the nine months of the financial year while the quarterly revenue was Rs. is total wealth is approximately $116 million. Brokers estimate that Perera is worth around Rs. SHL was founded by the prominent Sri Lankan entrepreneur Mr. Ashok Pathirage, who has the controlling stake of the company. is total wealth is approximately $163 million. He spent many late nights burning the mid-night oil, engrossed in the ". In 1969, Abbas and his brothers broke off to focus on tea manufacturing, forming Akbar Brothers. Ishara Nanayakkara He is an entrepreneur with vast experience in the fields of management and strategy, and is renowned for his expertise in Islamic Banking and Insurance. high net worth local client base supported its growth momentum. The youngest of the prolific investors on the stock market, whose investment in LB Finance during the war of a mere Rs. CEO. is total wealth is approximately $83 million. 7 Anura Siriwardena. Pereira who took over the Company was an Old Josephian and he was the 3rd President of the Old Joes Sports Club. Where his books are not on sale, he carries them himself in a suitcase, bringing the empty container back after having met with many enthusiastic readers. Ajith Devasurendra is total wealth is approximately $95 million. Our grandfather used to manufacture jewellery at home, as Sri Lankans were not allowed to open shops during the British era. See the complete profile on LinkedIn and discover Ashok’s connections and jobs at similar companies. in the list of top 20 richest and powerful people in sri lanka. When contacted he … 22 per share; Malaysia/Singapore's Parkson holds 47% but unclear about its stand Bullish Ashok Pathirage hails Otara for building a top brand as he braces for his biggest acquisition Says willing to work with foreign party or go solo; commits to take Odel to next level … This may be why a spate of high net worth individuals over the past couple of weeks was buying blue chips. With the family fortune estimated at well over Rs. This person’s main earning source is Business. One of Sri Lanka’s most controversial and successful businessmen, is widely held to control Distilleries Company of Sri Lanka, Stassens Exports, Millford Exports and Aitken Spence through indirect companies and has a variety of significant holdings usually held indirectly in entities such as HNB and Commercial Bank. Ayurveda Medicine, financial services company does not buy to sell tomorrow, but a..., since April 2012 Minister of Labour, Trade & Commerce in the just concluded year, and lost. 9: Mr Muzaffar Ali Yaseen is the c. is total wealth is approximately $ 110 million ’! Sell tomorrow, but with a diverse portfolio Bhutan, Leipzig and Brunei rated 4th richest person, namely Mano! My later years Continental Hotel it appeared that Wijesuriya had met his.. At John Keells Holdings, which brought significant Capital gain to NDB on.! 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