Vichai Srivaddhanaprabha, Leicester City owner and retail magnate, dies at 60

The Thai billionaire owner of Leicester City ...

Posted: Oct 29, 2018 12:27 PM
Updated: Oct 29, 2018 12:27 PM

The Thai billionaire owner of Leicester City died in a helicopter accident, the English Premier League club has confirmed. He was 60 years old.

Vichai Srivaddhanaprabha, owner of the King Power chain of duty-free shops who bought Leicester City eight years ago, was flying out of the club's stadium when his helicopter crashed in a nearby parking lot.

Aircraft

Asia

Aviation and aerospace industry

Business and industry sectors

Business, economy and trade

Continents and regions

Football (Soccer)

Helicopters

Leicester City FC

Premier League

Southeast Asia

Sports and recreation

Sports organizations and teams

Thailand

Deaths and fatalities

Society

Europe

Northern Europe

United Kingdom

Born Vichai Raksriaksorn, the name Srivaddhanaprabha, meaning "the light of auspicious prosperity," was bestowed upon him in 2013 by then-King Bhumibol Adulyadej of Thailand for his service to the Thai people.

Business magnate

Srivaddhanaprabha started King Power in 1989 with a duty-free shop in downtown Bangkok. The chain of duty-free stores has grown to become Thailand's largest.

Srivaddhanaprabha is listed at No. 388 on the Forbes' billionaire list, with a net worth of $4.9 billion.

A keen sportsman, in addition to his ownership of Leicester City, Srivaddhanaprabha also founded the Thailand Polo Association in 1998, and was the owner of the VR Polo Club in Bangkok. He also owns Belgian football club OH Leuven, whose coach is Nigel Pearson, a former Leicester manager.

Glory years

Srivaddhanaprabha, originally a shirt sponsor of Leicester City, bought the club in 2010 and, in addition to ownership, became its chairman the following year. His son, known as Top, is a vice chairman. The family is sole owner of the club.

During his tenure as owner, the club rose from the second-tier Championship to the Premier League.

Leicester City FC went on a remarkable run during the 2015-16 season and was dubbed the "Cinderella Team" of the Premier League when it beat tremendous odds to win the title, the club's first in its 132-year history.

In April 2016, CNN spoke to Buddhist monk Phra Prommangkalachan, who made a number of trips to Leicester's King Power stadium at the request of Srivaddhanaprabha.

"When they (Leicester City) were at the bottom of the Premier League, Mr Vichai said 'we do not have enough merit,'" said Phra Prommangkalachan.

"He is a Buddhist who truly believes in good and bad karma.

"So he set about making good karma by building temples and supporting ordained monks both in and out of the country. He was determined to make good karma, and he has become successful."

In 2016, when accepting an Honorary Degree of Doctor of Laws by the University of Leicester, Srivaddhanaprabha said:

"I feel very fortunate because I do what I love, so I put love into everything I do.

"I came to the football industry with Leicester City because of my love for football and the Club and its fans have already repaid me several times over with their passion and loyalty.

"It is a great privilege to be the Chairman of this great Club and an accepted member of this wonderful community."

Minnesota Coronavirus Cases

Data is updated nightly.

Cases: 554536

Reported Deaths: 7083
CountyCasesDeaths
Hennepin1155051679
Ramsey47786853
Dakota42410422
Anoka38477415
Washington24913273
Stearns20994218
St. Louis16774297
Scott15946117
Wright14764127
Olmsted1273297
Sherburne1060080
Carver980145
Clay781289
Rice7632101
Blue Earth695840
Kandiyohi627380
Crow Wing615086
Chisago548250
Otter Tail542673
Benton530597
Mower450532
Goodhue442471
Douglas441870
Winona438149
Nobles400248
Morrison394659
McLeod394355
Isanti375159
Beltrami372257
Itasca370752
Polk365367
Steele361914
Becker353948
Lyon347848
Carlton329352
Freeborn326829
Pine311821
Nicollet306542
Brown294439
Mille Lacs281250
Le Sueur269722
Todd268730
Cass249626
Meeker235937
Waseca231221
Martin212529
Wabasha19953
Roseau197318
Renville172043
Hubbard171841
Dodge17123
Redwood166435
Houston162614
Cottonwood156821
Fillmore15169
Pennington150619
Chippewa145836
Wadena144021
Faribault143419
Sibley135710
Kanabec130621
Aitkin128636
Watonwan12549
Rock122719
Jackson117310
Yellow Medicine110419
Pipestone109725
Murray10229
Pope10226
Swift99518
Marshall85617
Stevens82010
Lake78419
Clearwater77414
Koochiching76913
Wilkin76812
Lac qui Parle73522
Big Stone5644
Lincoln5592
Grant5478
Norman5229
Mahnomen5048
Unassigned49578
Kittson46622
Red Lake3877
Traverse3595
Lake of the Woods3053
Cook1450

Iowa Coronavirus Cases

Data is updated nightly.

Cases: 357796

Reported Deaths: 5821
CountyCasesDeaths
Polk55970604
Linn20297330
Scott19082234
Black Hawk15550306
Woodbury14897221
Johnson1404281
Dubuque13153202
Dallas1089196
Pottawattamie10747162
Story1031147
Warren555186
Clinton537390
Cerro Gordo521986
Webster508291
Sioux506073
Marshall477174
Muscatine459896
Des Moines441465
Wapello4253120
Buena Vista421740
Jasper407670
Plymouth397079
Lee368155
Marion354575
Jones293055
Henry286137
Bremer279260
Carroll279151
Crawford262040
Boone258533
Benton250355
Washington249550
Dickinson242043
Mahaska224850
Jackson217942
Kossuth212663
Clay211025
Tama206671
Delaware202839
Winneshiek194433
Page190321
Buchanan188831
Cedar183823
Fayette182941
Wright180435
Hardin179942
Hamilton178049
Harrison176373
Clayton167055
Butler162534
Mills158620
Cherokee157138
Floyd155342
Lyon154741
Madison153919
Poweshiek152733
Allamakee149051
Iowa145524
Hancock143534
Winnebago136031
Grundy135232
Cass134354
Calhoun133211
Jefferson130635
Emmet128840
Shelby128337
Sac127219
Louisa126849
Appanoose126747
Mitchell125241
Union124032
Chickasaw122615
Humboldt118326
Guthrie117929
Franklin112721
Palo Alto110922
Howard102822
Montgomery100637
Unassigned10030
Clarke98223
Keokuk94530
Monroe94128
Ida89633
Adair84532
Pocahontas83621
Monona81230
Davis79924
Greene76710
Osceola75516
Lucas74923
Worth7078
Taylor65212
Fremont6139
Decatur5899
Van Buren55518
Ringgold53623
Wayne52123
Audubon4949
Adams3284
Rochester/St. Mary'S
Cloudy
41° wxIcon
Hi: 64° Lo: 32°
Feels Like: 36°
Mason City
Cloudy
44° wxIcon
Hi: 64° Lo: 34°
Feels Like: 35°
Albert Lea
Cloudy
43° wxIcon
Hi: 63° Lo: 34°
Feels Like: 37°
Austin
Cloudy
43° wxIcon
Hi: 63° Lo: 32°
Feels Like: 37°
Charles City
Cloudy
46° wxIcon
Hi: 63° Lo: 36°
Feels Like: 39°
Tracking an arctic front, cooling us down for the workweek
KIMT Radar
KIMT Eye in the sky

Latest Video

Image

Electric car show

Image

Walk a Block

Image

Cleaning up Chester Woods

Image

Little Thistle collecting donations

Image

Rochester United PKG

Image

Grizzlies PKG

Image

Sara's Saturday Night Forecast

Image

April Tool's Day

Image

Byron baseball starts season strong

Image

Hayfield BB PKG

Community Events