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Krishnan Suthanthiran (born 1949 in India) is an Indo Canadian
businessman, [1] and president and founder of the Best Medical group
of companies. [2][3]
He was born in India, educated in Canada, and made his fortune selling
medical devices and real estate in the Washington, D.C.-area. [4]
He attended Carleton University in Ottawa, Ontario, and completed a
master's degree in Mechanical Engineering in 1971. [5] He took
pre-medical courses at the University of Toronto, and worked for an
oncologist in the U.S. [6]
In 1977, he founded health care supplies distributor Best Medical
International in Springfield, Virginia. [7]
In 2005, he purchased the former company town of
Kitsault, British Columbia , Canada, for US$5.7 million. The town had
housed miners' families, but was abandoned in 1982.[8]
In 2007, he established the Best Cure Foundation in Virginia as a
non-profit entity to promote healthcare and education globally. [9]
In 2013, he founded the Proud American Party, a political party in the
United States. [10]
References
1. ^ "Virginia Millionaire Buys Himself a Ghost Town" by Doug Struck,
Washington Post Saturday, July 30, 2005
2. ^ "Buyer pictures B.C. ghost town Kitsault as gas hub" by Wendy
Stueck and Nathan Venderklippe, The Globe and Mail, Tuesday, Jan. 8,
2013
3. ^ One-Dozen "Now Vying for LNG Export from Canada" by Gordon
Jaremko, Natural Gas Intel, January 3, 2014
4. ^ [Washington Post, op.cit.]
5. ^ https://www.theglobeandmail.
6. ^ Bloomberg BusinessWeek Executive Profile
7. ^ TeamBest corporate website
8. ^ [Washington Post, op.cit.]
9. ^ Best Cure Foundation website
10. ^ "Proud American Party plans to produce a series of full length
feature films focusing on the financial crises, the role of big banks
and how they victimize the American People", Business Wire, August 13,
2013
External links
Best Medical group of companies
Proud American Party
Best Cure Foundation
Content is available under CC BY-SA 3.0 unless otherwise noted.
Terms of Use • Privacy • Desktop
Virginia Millionaire Buys Himself a Ghost Town
By Doug Struck
Washington Post Foreign Service
Saturday, July 30, 2005
KITSAULT, B.C. -- The Millionaire Who Bought a Town likes to save a
buck. He breakfasts at McDonald's, flies economy class and asks for a
doggie bag when he doesn't finish his meal at cheap motel restaurants.
But when, several months ago, the Virginia-based businessman saw a
news story about a whole town being for sale in remote western Canada,
he called the same day to offer a check for $5.7 million -- sight
unseen.
Today, Krishnan Suthanthiran owns Kitsault, a ghost town abandoned by
miners' families more than 22 years ago and preserved like a museum
display of suburbia -- though one through which bears occasionally
wander.
Suthanthiran, who was born in India and made his fortune selling
medical devices and real estate in the Washington area, said he jumped
at the chance to buy Kitsault because, "one, it is beautiful up there,
and two, I couldn't believe it wasn't being used. I said if nobody
else could figure out what to do with a town, I can."
His ideas for transforming the empty community, located in a majestic
natural setting, tumble forth:
Kitsault will become an eco-tourist destination or an artist's colony.
He will hold conferences, gathering scientists for forums and evening
salmon-roasts on the beach. Wedding receptions. A corporate retreat. A
movie set. Skiing, hiking, a spa, bans on smoking and cars, maybe a
high-speed hydrofoil to bring tourists 85 miles from Prince Rupert.
"I feel like a kid in a candy shop," he said.
Suthanthiran has avoided publicity in the past, content with his work
and a growing list of philanthropy projects in India, Canada and the
United States. Many involve small scholarships, the kind of boost that
enabled him to leave home for college at 15 with only a collection of
donations from neighbors in his pocket.
"I do believe in education," he said. "If you're going to eliminate
poverty, you need to eliminate ignorance."
At 56, after quietly building his businesses for 28 years,
Suthanthiran has plunged into a flurry of financial acquisitions. In
the last year, he has moved to buy half a dozen companies. Most are
medical concerns that complement his own, Best Medical International.
But the purchases also include a Vancouver video production company
and now -- the splashiest buy -- a ghost town.
"I guess Kitsault will bring me more into the open," Suthanthiran said
with little enthusiasm during an interview on the long, bumpy gravel
road stretching 140 miles from Terrace, a town in western British
Columbia, to the old mining community.
Kitsault, 500 miles northwest of Vancouver, was to be a model mining
town. Instead, it became a monument to corporate misjudgment. In the
late 1970s, Amax of Canada Limited chose to reopen a local mine,
dormant since 1972, that produced molybdenum, a metal used to harden
steel.
businessman, [1] and president and founder of the Best Medical group
of companies. [2][3]
He was born in India, educated in Canada, and made his fortune selling
medical devices and real estate in the Washington, D.C.-area. [4]
He attended Carleton University in Ottawa, Ontario, and completed a
master's degree in Mechanical Engineering in 1971. [5] He took
pre-medical courses at the University of Toronto, and worked for an
oncologist in the U.S. [6]
In 1977, he founded health care supplies distributor Best Medical
International in Springfield, Virginia. [7]
In 2005, he purchased the former company town of
Kitsault, British Columbia , Canada, for US$5.7 million. The town had
housed miners' families, but was abandoned in 1982.[8]
In 2007, he established the Best Cure Foundation in Virginia as a
non-profit entity to promote healthcare and education globally. [9]
In 2013, he founded the Proud American Party, a political party in the
United States. [10]
References
1. ^ "Virginia Millionaire Buys Himself a Ghost Town" by Doug Struck,
Washington Post Saturday, July 30, 2005
2. ^ "Buyer pictures B.C. ghost town Kitsault as gas hub" by Wendy
Stueck and Nathan Venderklippe, The Globe and Mail, Tuesday, Jan. 8,
2013
3. ^ One-Dozen "Now Vying for LNG Export from Canada" by Gordon
Jaremko, Natural Gas Intel, January 3, 2014
4. ^ [Washington Post, op.cit.]
5. ^ https://www.theglobeandmail.
6. ^ Bloomberg BusinessWeek Executive Profile
7. ^ TeamBest corporate website
8. ^ [Washington Post, op.cit.]
9. ^ Best Cure Foundation website
10. ^ "Proud American Party plans to produce a series of full length
feature films focusing on the financial crises, the role of big banks
and how they victimize the American People", Business Wire, August 13,
2013
External links
Best Medical group of companies
Proud American Party
Best Cure Foundation
Content is available under CC BY-SA 3.0 unless otherwise noted.
Terms of Use • Privacy • Desktop
Virginia Millionaire Buys Himself a Ghost Town
By Doug Struck
Washington Post Foreign Service
Saturday, July 30, 2005
KITSAULT, B.C. -- The Millionaire Who Bought a Town likes to save a
buck. He breakfasts at McDonald's, flies economy class and asks for a
doggie bag when he doesn't finish his meal at cheap motel restaurants.
But when, several months ago, the Virginia-based businessman saw a
news story about a whole town being for sale in remote western Canada,
he called the same day to offer a check for $5.7 million -- sight
unseen.
Today, Krishnan Suthanthiran owns Kitsault, a ghost town abandoned by
miners' families more than 22 years ago and preserved like a museum
display of suburbia -- though one through which bears occasionally
wander.
Suthanthiran, who was born in India and made his fortune selling
medical devices and real estate in the Washington area, said he jumped
at the chance to buy Kitsault because, "one, it is beautiful up there,
and two, I couldn't believe it wasn't being used. I said if nobody
else could figure out what to do with a town, I can."
His ideas for transforming the empty community, located in a majestic
natural setting, tumble forth:
Kitsault will become an eco-tourist destination or an artist's colony.
He will hold conferences, gathering scientists for forums and evening
salmon-roasts on the beach. Wedding receptions. A corporate retreat. A
movie set. Skiing, hiking, a spa, bans on smoking and cars, maybe a
high-speed hydrofoil to bring tourists 85 miles from Prince Rupert.
"I feel like a kid in a candy shop," he said.
Suthanthiran has avoided publicity in the past, content with his work
and a growing list of philanthropy projects in India, Canada and the
United States. Many involve small scholarships, the kind of boost that
enabled him to leave home for college at 15 with only a collection of
donations from neighbors in his pocket.
"I do believe in education," he said. "If you're going to eliminate
poverty, you need to eliminate ignorance."
At 56, after quietly building his businesses for 28 years,
Suthanthiran has plunged into a flurry of financial acquisitions. In
the last year, he has moved to buy half a dozen companies. Most are
medical concerns that complement his own, Best Medical International.
But the purchases also include a Vancouver video production company
and now -- the splashiest buy -- a ghost town.
"I guess Kitsault will bring me more into the open," Suthanthiran said
with little enthusiasm during an interview on the long, bumpy gravel
road stretching 140 miles from Terrace, a town in western British
Columbia, to the old mining community.
Kitsault, 500 miles northwest of Vancouver, was to be a model mining
town. Instead, it became a monument to corporate misjudgment. In the
late 1970s, Amax of Canada Limited chose to reopen a local mine,
dormant since 1972, that produced molybdenum, a metal used to harden
steel.
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