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[Sexpat]

"Sakchai Yoovidhya, the son of Red Bull energy drink founder Chaleo Yoovidhya, will branch out into the property business next year.

Mr Sakchai said that his 100%-owned Max Property Co had three business models for development: housing projects with its own investment; joint ventures with other developers; and projects for investors wanting to develop housing estates on land plots in Bangkok and the suburbs.

He declined to reveal the investment capital and details of the projects, saying only that the first venture would start on a 100-rai land plot in Bangkok some time next year.

Mr Sakchai is among 11 children of Mr Chaleo, one of the world's richest people. Mr Chaleo, 80, was ranked the 279th richest person with a net worth of US$3.1 billion this year on Forbes magazine's global billionaires list."

http://www.bangkokpost.com/Business/12Nov2007_biz31.php