Age, Biography and Wiki
Tay Za was born on 18 July, 1964 in Yangon, Myanmar (Burma), is a Chairman, Htoo Group of Companies. Discover Tay Za's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 56 years old?
|Occupation||Chairman, Htoo Group of Companies|
|Age||57 years old|
|Born||18 July 1964|
|Birthplace||Yangon, Myanmar (Burma)|
We recommend you to check the complete list of Famous People born on 18 July. He is a member of famous Chairman with the age 57 years old group.
Tay Za Height, Weight & Measurements
At 57 years old, Tay Za height not available right now. We will update Tay Za's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
|Body Measurements||Not Available|
|Eye Color||Not Available|
|Hair Color||Not Available|
Who Is Tay Za's Wife?
His wife is Thida Zaw
|Children||Pye Phyo Tay Za, Rachel Tayza, Htet Tay Za|
Tay Za Net Worth
His net worth has been growing significantly in 2020-2021. So, how much is Tay Za worth at the age of 57 years old? Tay Za’s income source is mostly from being a successful Chairman. He is from Burmese. We have estimated Tay Za's net worth, money, salary, income, and assets.
|Net Worth in 2021||$1 Million - $5 Million|
|Salary in 2020||Under Review|
|Net Worth in 2019||Pending|
|Salary in 2019||Under Review|
|Source of Income||Chairman|
Tay Za Social Network
|Tay Za Instagram|
|Tay Za Twitter|
|Tay Za Facebook|
|Wikipedia||Tay Za Wikipedia|
Forbes noted that "[Tay Za] has a reputation as a generous boss who instills loyalty in 40,000 full-time staffers. Hundreds of employees have gone overseas to study, including Burma’s first female pilot, and perks quickly accrue to hardworking managers."
On 7 October 2016, the United States Department of the Treasury implemented termination of the Burma Sanctions Program in accordance with the Executive Order issued on the same date by the U.S President Barack Obama, which effectively removed Tay Za, along with other Business Tycoons from OFAC's Specially Designated Nationals list.
Other activities include construction, tourism, infrastructure projects, and mobile phone services. He enters into banking business and sets up Asia Green Development Bank when a license was granted by military junta in 2010 before giving up its power after general election. His bank was sanctioned by US Government soon after it was established. But it was removed from sanction list in 2013.
On 19 May 2010, his son, Pye Phyo Tay Za, lost a legal battle to overturn European Union sanctions against him at the Council of the European Union. In March 2012, the European Court of Justice ruled that Pye Phyo Tay Za be allowed to regain access to his accounts in Europe, as he had testified that he was not connected to his father's business interests.
Tay Za established Htoo Foundation on 5 May 2008, after Cyclone Nargis devastated the Ayeyarwady Region and along with his group of companies provided emergency relief supplies to the survivors in Bogalay Township, spending over US$8 million for the reconstruction of schools, hospitals, monasteries and government offices in the area.
In 2007, following protests against the junta on the streets of many cities in Burma, the United States government imposed sanctions against Tay Za and the companies he controls, including Htoo Trading and Air Bagan.
His major business interests include Htoo Group and Air Bagan, the country's first and only fully privately owned airline. In 2006–2007, Htoo Trading, a division of Htoo Holdings involved in teak log exports, was Burma's top private exporter and fifth largest overall, with gross revenues of $65.1 million. He began his career in the 1980s and started Htoo Group in the early 1990s to extract timber from Burma's forests.
Tay Za (IPA: [tèza̰] ; Burmese: တေဇ , pronounced [tèza̰] ; also spelled Tayza or Teza; born 18 July 1964) is a Burmese business tycoon and the Chairman of Htoo Group of Companies, Myanmar. He is a close associate of the country's former head of state, Than Shwe. He is the first Myanmar entrepreneur to appear on the cover of Forbes Asia and still remains the richest man in Myanmar.
He was born on 18 July 1964 in Yangon. His father, Myint Swe (deceased), was a retired lieutenant colonel at the Ministry of Industry. He is the youngest of six siblings. He passed 10th standard at TTC of Yangon in 1982. He attended the Defence Services Academy, as part of the 1982 intake (27th Batch), but dropped out during his third year to marry Thida Zaw (daughter of U Zaw and Daw Htoo of Gyobingauk), against the wishes of both families.