Forbes Magazine, known for its lists of the richest and the most powerful people in the world gave a hint as to who might be the wealthiest Sri Lankans in a recent article about Sri Lankan born millionaire Dammika Perera. It is very difficult to estimate Sri Lanka’s wealthiest people given the lapses in reporting standards and the enormous wealth held in private and off-shore assets. But we provide you with a list. In no particular order, these are the richest Sri Lankans in the eyes of Forbes:
Dammika Perera
The meteoric rise of Dammika Perera over the last few years means he is now one of Sri Lanka’s richest and most powerful individuals. Mr Perera, 45, controls 8% of the companies listed in the Colombo Stock Exchange and several private interests as well. Through his 23 listed companies, casinos and numerous private companies Forbes estimates that the Dammika Perera empire stands at $550 m. Out of the six people in the list, Mr Perera is also the closest to the ruling regime, serving voluntarily as the Secretary of the Ministry of Transport and as a close confidant of the President.
Sohli and Rusi Captain
The family are the largest shareholders of John Keells Holdings, Sri Lanka’s largest conglomerate. Father Sohli, 80 and son Rusi, 45 are both entrepreneurs and investors, with investments in several listed and private dive companies other than the crown jewel of John Keells Holdings. Their stock market wealth totals to $185m, but that figure does not include considerable wealth gained through several private companies.
Harry Jayawardena
The chairman of the Stassens’ group has found himself part of the old-power with the ascent of the ‘new rich’. He was an original benefactor of the ’77 open market policies’ and managed to create a successful business exporting tea. Mr Jayawardena has business interests in Aitken Spence PLC and the Distilleries Company of Sri Lanka, while his private interests include the sizable Stassens’ Group along with several other livestock and diversified companies.
Hari and Mano Selvanathan
According to Forbes, the Selvanathan brothers’ empire is largely private. Their listed companies include Carson Cumberbatch, Bukit Darah and Ceylon Beverage Holdings. Hari, 64, and Mano, 66, are the grandsons of an Indian migrant who arrived in Colombo nearly 100 years ago, started a petrol station and never looked back, according to Forbes.
6 Richest Sri Lankans in 2013
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