'The monk who sold his Ferrari': Thai businessman is selling his $6 million ice cream company to become a
- Posted on September 3, 2026
- By Business News Today
- 2 Views
- 1 min read
In brief
A successful Thai ice cream entrepreneur is making a significant life transition by divesting his multi-million dollar Hawells ice cream enterprise. Valued at approximately $6 million, the complete business sale encompasses manufacturing facilities, retail outlets, proprietary formulas, and brand assets. This strategic exit marks the businessman's deliberate shift toward spiritual pursuits, with plans to pursue monastic life and Buddhist enlightenment within the coming years, exemplifying a modern interpretation of renunciation and personal transformation.
Summary auto-generated by AI from the original publisher's content. Editorial standards.
'The monk who sold his Ferrari': Thai businessman is selling his $6 million ice cream company to become a
Thai businessman Siripong Akkarasriyuk is selling his Hawells ice cream business for 165 million baht, or more than $6 million, as he prepares to enter monkhood within two years and pursue enlightenment as an arahant. The sale includes the brands land, factory, outlet, trademark, business know-how and ice cream recipes.
