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Quentin Griffiths co-founded Asos in 2000 and remained a significant shareholder after leaving the firm five years later.
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Quentin Griffiths has been named by Thai police as the man found dead on the ground in the eastern seaside city of Pattaya on 9 February.
A police investigator told the BBC Griffiths, a British passport holder, was by himself, his room was locked from the inside, and there was no trace of any break-ins at the time of the death. An autopsy did not reveal any evidence of foul play.
Griffiths co-founded Asos in 2000 and remained a significant shareholder after leaving the firm five years later.
The police also said Griffiths was involved in two ongoing court cases that might have caused him stress.
Griffiths co-founded Asos in London with Nick Robertson, Andrew Regan and Deborah Thorpe.
Its name originally stood for As Seen On Screen as it sold fashion inspired by clothing worn by TV and film stars.
It grew to an online fashion marketplace stocking hundreds of brands as well as its own lines and at one time was valued at more than £6bn.
Its largest shareholders include Danish billionaire Anders Holch Povlsen - who owns Danish clothing giant Bestseller and Mike Ashley, owner of Frasers Group.
Additional reporting by Thanyarat Doksone in Bangkok
If you are suffering distress or despair, details of help and support in the UK are available at BBC Action Line
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