Hanno Soth

Hanno Soth
Born April 5, 1964
Bad Bramstedt, Germany
Residence Bali, Indonesia
Alma mater University of Ottawa (B.A., Business Commerce)
Occupation Real Estate Developer (Chairman, Hanno Group)[1]

Hanno Soth (born 5 April 1964) is a German-born, Canadian national who is a real estate investor and developer best known for developing Bali's C151 luxury villa resorts.

Early life

Hanno Soth was born in Bad Bramstedt, Germany to his father Detlef Soth, a barrister who emigrated with his family to Canada and later the United States, and mother Elke. Soth studied at the University of Hawaii and received a Bachelor's Degree in Business from the University of Ottawa.

In 1995, Soth moved to Bali, Indonesia from Hawaii and formed the Hanno Group, which invests and develops real estate and operates high-end resorts. Soth founded C151 Resorts, properties that cater to wealthy travelers, celebrities and heads of state.[1]

Career as a developer

Soth's C151 Dreamland Resort

Soth founded the C151 brand of luxury villa developments, which continue to gain world recognition with numerous awards. Soth's latest project, C151 Dreamland, won the 2011 Bloomberg International Hotel Award for Best New Hotel Design and Construction.[2] Soth himself won the Pinnacle award from the World Anti-Aging Academy of Medicine (WAAM) for the resort and his work developing an innovative program integrating anti-aging analysis and treatments into luxury resorts.[3]

Soth continues to invest in, develop, and operate resort projects in Asia through his various companies. Current projects include the development of 11 private islands strategically located near Singapore in Indonesian waters.[4]

Real Estate Investment

Over the past decade and a half, Soth has accumulated much of his wealth through investing in Asian real estate. Beginning in 1997, Soth took advantage of dramatic devaluations in Asian currencies during the Asian Economic Crisis by buying large tracts of land at low prices. As currencies stabilized over the next decade and real estate values increased, Soth subdivided and developed many of his properties, allowing him and his companies to prosper.[4]

Other Business Pursuits

Publishing and Media

Hanno Group Headquarters

In March 2006, Soth purchased Pt. Letari Kala Media, which publishes The Bali Times, Bali’s leading English language newspaper.[5]

Architecture, Design, and Production

Soth founded the Bali Visions Architecture Group (part of the Hanno Group).[6] Among its projects, Bali Visions conceptualized and designed C151 developments (including its Onelife Plus Anti-Aging Clinic and Bintan Island project), winning a governmental award in 2007 for “Most Innovative Development.”[7]

Construction

In 2000, Soth formed a construction company, Pt. Hanno Bali, part of the Hanno Group. Pt. Hanno Bali received the Citra Insani award from the Indonesian government in 2007, in recognition of its innovation and incorporation of technology in constructing C151 Smart Villa Resorts.[8]

Hotel Management

Soth’s C151 Resorts is a luxury hotel management brand with properties throughout Bali. C151 has won numerous awards, including the government’s top award for hotel service in 2011,[7] and Luxury Villa of the Year (for the fourth time) in 2012.[9]

Philanthropy

Soth has been a major benefactor of one Bali’s most historic cultural sites, Pura Luhur Uluwatu Temple. In 1995, after the temple was struck by lightning and severely damaged, Soth funded part of the reconstruction, and has since continued to support its renovation and expansion.[10]

Legal

In 1990, while living in Hawaii, Soth became entangled in a lengthy legal battle regarding his claim to an inheritance in the estate of Carmen C. Herbert.[11] The case involved the First Church of Christ, Scientist in Honolulu and lasted over 10 years before being settled by the Supreme Court of Hawaii.[12]

External links

References

  1. 1 2 "Hanno Soth". Ziggs.com. Retrieved 8 January 2013.
  2. ↑ "Asia Pacific Region Award Winners 2011". International Hotel Awards.
  3. ↑ "Bali Developer Awarded Anti-Aging Industry Prize". The Bali Times. 1 September 2011. Retrieved 8 January 2013.
  4. 1 2 "Bali's Top Developer Flying High". The Bali Times. 20 November 2008. Retrieved 8 January 2013.
  5. ↑ "Real Estate Tycoon to Purchase The Bali Times Newspaper". The Bali Times. 1 March 2006. Retrieved 8 January 2013.
  6. ↑ "The Most Hi-Tech Luxury Villa Resort in Bali". Indonesia Design. Retrieved 8 January 2013.
  7. 1 2 "Seminyak’s C151 Scoops Top Hotel and Service Award". The Bali Times. 7 April 2011. Retrieved 8 January 2013.
  8. ↑ "Hanno Bali, Bali Developer, Awarded Top Innovation Prize". The Bali Times. 12 July 2007. Retrieved 8 January 2013.
  9. ↑ "C151 Wins Luxury Villa of the Year". The Bali Times. 4 June 2012. Retrieved 8 January 2013.
  10. ↑ "Uluwatu Reconstruction following Donations". Bali Post. 12 December 1996. Retrieved 8 January 2013.
  11. ↑ Lind, Ian Y. (10 October 2000). "A Test of Wills". Honolulu Star-Bulletin. Retrieved 8 January 2013.
  12. ↑ "IN RE: the ESTATE OF Carmen Corrine HERBERT". FindLaw. Retrieved 8 January 2013.
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