These Are the Nine Richest Billionaires in Thailand to Know About

1. Charoen Sirivadhanabhakdi

With a net worth of over $18 billion, Charoen Sirivadhanabhakdi is the wealthiest person in Thailand. He made his fortune in the beverage industry, first by acquiring a brewery in 1995 and later expanding into distilleries and non-alcoholic beverages. Charoen also has interests in real estate, retail, and hospitality.

2. Dhanin Chearavanont

Dhanin Chearavanont has a net worth of over $16 billion, largely thanks to his family’s conglomerate, the CP Group. The CP Group has interests in a wide range of industries, including agribusiness, telecommunications, and retail. Dhanin is also an advocate for sustainable agriculture and has invested in renewable energy projects.

3. Vichai Srivaddhanaprabha

Vichai Srivaddhanaprabha made his fortune in retail, founding the King Power Duty Free chain of stores in 1989. He also owned the Leicester City Football Club, which he helped lead to a Premier League title in 2016. Vichai tragically died in a helicopter crash in 2018, but his family’s net worth of over $5 billion puts them among Thailand’s richest.

4. Vanich Chaiyawan

Vanich Chaiyawan is the chairman of Thai Union Group, a global seafood company with over $3 billion in annual revenue. Under Vanich’s leadership, Thai Union has expanded into new markets and focused on sustainability, earning recognition from organizations like the Marine Stewardship Council.

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5. Prasert Prasarttong-Osoth

Prasert Prasarttong-Osoth is the founder and CEO of Bangkok Dusit Medical Services, one of Thailand’s largest private hospital chains. He also owns the budget airline Nok Air and has invested in real estate and other businesses. Prasert’s net worth is estimated at over $3 billion.

6. Sumet Jiaravanon

Sumet Jiaravanon is the son of the founder of the Charoen Pokphand Group, one of Thailand’s largest conglomerates. He serves as the CEO of C.P. Retail, the group’s retail arm, which operates stores in Thailand and other countries in Asia. Sumet’s net worth is over $2.9 billion.

7. Sarath Ratanavadi

Sarath Ratanavadi made his fortune in renewable energy, founding Energy Absolute in 2006. The company is a major player in Thailand’s solar and wind power industries and has also invested in electric vehicle charging stations. Sarath’s net worth is over $2.5 billion.

8. Somphote Ahunai

Somphote Ahunai is another billionaire in Thailand’s renewable energy sector, having founded the solar power company Energy Development Corporation in 2007. The company operates solar farms in Thailand and other countries in Asia, and Somphote has also invested in electric vehicle and battery technology. His net worth is over $1.9 billion.

9. Chalerm Yoovidhya

Chalerm Yoovidhya is a member of the family behind the Red Bull energy drink empire. He and his brother own a majority stake in the company and have expanded its reach into other markets, including sports and entertainment. Chalerm’s net worth is over $1.7 billion.