Skift Take
Minor Hotels founder William Heinecke has had quite the entrepreneurial journey. As an American expat, he started his entire empire of businesses in Thailand from the age of 17. Here he shares thoughts about the state of hospitality, luxury, and embedding social good into the core of his properties.
William Heinecke, 69, is an American-born billionaire who has been operating businesses in Thailand since 1963. After founding his first business at age 17, Heinecke's since worked in or built businesses in almost every conceivable category, including fast food, retail, publishing, and office cleaning, creating a wide-ranging empire.
Central to his interests is hospitality and lifestyle businesses. Minor International, the holding company, owns and operates multiple companies focused on three primary businesses, including restaurants, hotels and lifestyle brands. Currently Minor International operates more than 2,100 restaurants, 300 retail trading outlets, 160 hotels, and 60 spas across 40 countries from Australia to Brazil. The brand is also growing through strategic investments, most recently with a 44 percent investment in Spanish Hotel Brand NH after some competitive clashing with Hyatt.
A Thai citizen since 1991 and fluent Thai speaker, he also founded the Heinecke Foundat