By Wai Moe
October 31, 2007
The CEO of Ruby Dragon Jade & Gems Co Ltd is a young businessman in his early 40s. He is believed to be among the Top 10 richest persons in
His company donated a massive slab of jade, weighing more than 3,000 tons, to the ruling junta in the early 2,000s. The high quality jade was more than 70-feet long by 20-feet high by 16-feet wide.
Nay Win Tun is the right hand man of Aung Kham Hti, the leader of the Pa-O ethnic ceasefire group, and is also an executive of the Pa-O National Peace Group and Jade Dragon (Gems) Co Ltd, the parent company of Ruby Dragon Jade & Gems Co Ltd.
He manages ruby and jade mines located in Pha Kant and Tawmaw in
The family members of high ranking Burmese army generals are believed to be shareholders of Ruby Dragon Jade & Gems Co Ltd, according to business sources.
Nay Win Tun also owns businesses in neighboring countries such as
He operates luxury hotels in several of
The New Light of Myanmar, the state-run newspaper, reported on March 9, 2007, that Lt-Gen Myint Swe of the Ministry of Defence attended the opening ceremony of the Royal Ruby Jade Hotel Resort and Spa in
Nay Win Tun owns homes on fashionable Than Lwin Street (Windermere) and in