Khmer Billionaire Lam Se Highlights Success of Straw Business
Making Money from Straw Rice farmer Lam Se in the straw roll storage for Tra Vinh traders (Photo: TD). Lam Se, a 64-year-old farmer from Soc Trang, is known as the “Khmer billionaire” due to his impressive property. His warehouse spans a massive 800m 2 and his house is a spacious 150m 2 . If you visit Som Rong temple in Soc Trang and ask about Lam Se, the locals will tell you about a man with determined eyes and dark skin, passionate about his family farm. Lam Se told a reporter that in 1987, after getting married, he and his wife lived apart and worked hard to save up enough money to purchase 10 plots of land. To make ends meet, they drove motorbike taxis and then used all the money they earned from selling rice to purchase more land in addition to farming. However, in 2017, Lam Se and his family made a significant decision to change their income. He encountered a trader from Tra Vinh at the fields who was buying straws for VND 30,000 per roll. Upon inquiry of the qua...