The Kingdom of Thailand, renowned for its vibrant culture, stunning landscapes, and rich history, has also emerged as a hub of economic prosperity and wealth. Within this dynamic nation, a select group of individuals have risen to remarkable financial heights, propelling themselves into the echelons of the top 50 richest persons in Thailand. At number one comes the richest persons in Thailand, Chearavanont brothers with a net worth of $34 billion.
On the second and third comes Chalerm Yoovidhya and Charoen Sirivadhanabhakdi with net worth of $33.4 billion and 13.6 billion, respectively. As economic engines roar and industries flourish, these individuals have not only amassed substantial fortunes but have also played pivotal roles in shaping the country’s economic landscape.
The top 50 richest persons in Thailand not only wield considerable financial influence but also play crucial roles in shaping the nation’s economy, employment opportunities, and philanthropic initiatives, underscoring their impact on Thailand’s societal and economic fabric.
List of Top 50 Richest Persons in Thailand
The stories and successes of richest persons in Thailand offer a fascinating glimpse into Thailand’s rapid evolution as a global economic player and underscore the boundless opportunities that this nation has to offer. Here is the list of top 50 richest persons in Thailand.
1. Chearavanont brothers
Net Worth: $34 billion
The Chearavanont brothers, consisting of Dhanin, Sumet, Jaran, and Montri Chearavanont, are among the wealthiest individuals in Thailand. They are the driving force behind the Charoen Pokphand Group (CP Group), a conglomerate with diverse interests including agribusiness, telecommunications, and retail.
The CP Group was founded in 1921 and has since become one of Thailand’s largest and most successful business conglomerates. The Chearavanonts have expanded their business internationally, establishing a significant presence in various countries across Asia and beyond. Number one richest persons in Thailand.
2. Chalerm Yoovidhya
Net Worth: $33.4 billion
Chalerm Yoovidhya is a member of the Yoovidhya family, which is renowned for its association with the energy drink brand Red Bull. Chalerm, often referred to as Chalerm Bull, is one of the heirs to the Red Bull fortune. Red Bull, originally founded by Chaleo Yoovidhya (Chalerm’s grandfather) and Dietrich Mateschitz, has become a global phenomenon with its signature energy drink.
The Yoovidhya family’s wealth is largely attributed to the immense popularity and market dominance of Red Bull, which has a presence in over 170 countries. One of the richest persons in Thailand.
3. Charoen Sirivadhanabhakdi
Net Worth: $13.6 billion
Charoen Sirivadhanabhakdi is a prominent Thai businessman known for his contributions to the beverage and property sectors. He is the founder and chairman of the TCC Group, which encompasses diverse business interests including beer production, real estate, hospitality, and retail.
Charoen’s business journey began with the acquisition of a small distillery, which he developed into the Thai Beverage Public Company Limited (ThaiBev). The company’s popular Chang beer and other alcoholic beverages have made it a major player in the beverage industry.
4. Chirathivat family
Net Worth: $12.4 billion
The Chirathivat family is the driving force behind the Central Group, one of Thailand’s largest and most successful conglomerates. The family’s patriarch, Tiang Chirathivat, founded the Central Group in 1947 as a small general store.
Over the years, the family’s business acumen and commitment to growth have transformed the Central Group into a diverse conglomerate with interests in retail, property development, hospitality, and more. The Central Group operates popular shopping malls, department stores, and supermarkets across Thailand. Additionally, the family has expanded its presence internationally, making it a significant player in the region’s retail and real estate sectors.
5. Sarath Ratanavadi
Net Worth: $11.3 billion
Sarath Ratanavadi is a prominent figure in Thailand’s energy sector. He is the CEO of Gulf Energy Development, a leading energy company with a focus on power generation and related infrastructure. Under Sarath’s leadership, Gulf Energy has experienced substantial growth, becoming one of the country’s largest independent power producers.
The company operates a diverse portfolio of energy projects, including natural gas, solar, and wind power plants. Sarath’s innovative approach to energy generation and commitment to sustainable practices have positioned Gulf Energy as a key contributor to Thailand’s energy landscape and have contributed to his personal wealth.
6. Vanich Chaiyawan
Net Worth: $3.9 billion
Vanich Chaiyawan is a successful Thai businessman known for his involvement in the finance and banking sectors. He is the founder of Thai Summit Group, a conglomerate with interests in manufacturing, auto parts, and banking. The group’s flagship company, Thai Summit Auto Parts, is a leading supplier to the automotive industry, catering to both domestic and international markets.
Vanich’s contributions to the manufacturing sector, particularly in the automotive field, have contributed to his prominence in Thailand’s business circles. One of the richest persons in Thailand.
7. Prasert Prasarttong-Osoth
Net Worth: $3.8 billion
Prasert Prasarttong-Osoth is a renowned Thai physician and businessman, primarily known for his involvement in the healthcare sector. He is the founder and chairman of Bangkok Dusit Medical Services (BDMS), Thailand’s largest private hospital operator. Prasert’s vision and dedication to providing high-quality healthcare services have been instrumental in BDMS’s growth and success.
The company operates numerous hospitals and healthcare facilities across Thailand, offering a wide range of medical services. Prasert’s contributions to the healthcare industry have earned him recognition and a prominent place among Thailand’s wealthiest individuals. One of the richest persons in Thailand.
8. Aiyawatt Srivaddhanaprabha
Net Worth: $3.5 billion
Aiyawatt Srivaddhanaprabha, often referred to as “Top,” is a key figure in the King Power Group, a conglomerate with interests in duty-free retail and other sectors. Aiyawatt is the son of Vichai Srivaddhanaprabha, the founder of King Power and former owner of Leicester City Football Club.
Following his father’s tragic passing, Aiyawatt assumed a leadership role in the King Power Group, overseeing its operations and expansion. King Power is a significant player in Thailand’s duty-free retail market, with operations at major airports and tourist destinations.
9. Somphote Ahunai
Net Worth: $3 billion
Somphote Ahunai is a notable figure in Thailand’s renewable energy sector. He is the founder and CEO of Energy Absolute, a company that specializes in renewable energy development, particularly in solar and electric vehicle charging infrastructure.
Somphote’s forward-thinking approach to sustainable energy solutions has led Energy Absolute to become a key player in Thailand’s transition to cleaner and more environmentally friendly energy sources. The company’s investments in solar farms and energy storage projects have contributed to Thailand’s efforts to reduce its carbon footprint.
10. Osathanugrah family
Net Worth: $2.5 billion
The Osathanugrah family is recognized for its involvement in the energy and infrastructure sectors. They are the founders of the B.Grimm Group, a conglomerate with interests in power generation, healthcare, transport, and real estate.
B.Grimm Group’s subsidiary, B.Grimm Power, is a leading player in Thailand’s power generation industry, with a focus on renewable energy projects. The family’s contributions to the development of clean and sustainable energy sources have positioned them as influential figures in Thailand’s business landscape.
11. Harald Link
Net Worth: $2.3 billion
Harald Link is a German-Thai businessman who has made significant contributions to various industries in Thailand. He is the Chairman of B. Grimm Group, a conglomerate with interests in energy, healthcare, and real estate.
Under his leadership, B. Grimm Group has expanded its presence in the energy sector, focusing on renewable energy projects and contributing to Thailand’s sustainable development goals. Link’s business acumen and commitment to environmental sustainability have positioned him as a respected figure in Thailand’s corporate landscape.
12. Prayudh Mahagitsiri
Net Worth: $2.2 billion
Prayudh Mahagitsiri is a prominent Thai businessman known for his involvement in the petrochemical and energy sectors. He is the founder and CEO of the PMC Group, a conglomerate with interests in petrochemicals, real estate, and entertainment.
Prayudh’s contributions to the petrochemical industry have been instrumental in Thailand’s industrial growth. His vision and strategic investments have propelled the PMC Group to success, making him a notable figure in the country’s business community.
13. Thaksin Shinawatra
Net Worth: $2.1 billion
Thaksin Shinawatra is a polarizing figure in Thai politics and business. He is a former Prime Minister of Thailand and a telecommunications magnate. Thaksin founded and led Shin Corporation, a telecommunications and media conglomerate that played a significant role in transforming Thailand’s communication landscape.
His political career was marked by economic policies and social programs that gained both support and controversy. While his business success is acknowledged, his political legacy remains subject to debate and differing opinions.
14. Wichai Thongtang
Net Worth: $2.01 billion
Wichai Thongtang is a Thai businessman known for his contributions to the automotive industry. He is the founder of RMA Group, a company that specializes in vehicle distribution, engineering, and logistics. One of the richest persons in Thailand.
RMA Group has played a crucial role in distributing vehicles and providing engineering solutions across various industries, including automotive, defense, and energy. Wichai’s leadership has propelled RMA Group’s growth, making it a key player in Thailand’s automotive and engineering sectors.
15. Supaluck Umpujh
Net Worth: $2 billion
Supaluck Umpujh is a successful Thai businesswoman known for her involvement in the retail sector. She is the Vice Chairwoman of The Mall Group, a leading retail and real estate conglomerate in Thailand. Under her leadership, The Mall Group has expanded its portfolio of shopping malls and retail outlets, catering to a diverse range of consumer needs.
Supaluck’s innovative approach to retail and commitment to enhancing the shopping experience have contributed to her prominence in Thailand’s retail industry. One of the richest persons in Thailand.
16. Prachak Tangkaravakoon
Net Worth: $1.99 billion
Prachak Tangkaravakoon is a respected Thai entrepreneur known for his contributions to the pharmaceutical and healthcare sectors. He is the founder of Bangkok Chain Hospital Public Company Limited, a leading private hospital operator in Thailand.
Prachak’s dedication to providing quality healthcare services has led to the growth of Bangkok Chain Hospital, making it a trusted name in the country’s healthcare industry.
17. Aloke Lohia
Net Worth: $1.96 billion
Aloke Lohia is an Indian-born Thai businessman who has made his mark in the petrochemical industry. He is the CEO of Indorama Ventures, a global petrochemical company with operations spanning multiple continents.
Under Aloke’s leadership, Indorama Ventures has become one of the world’s largest producers of PET (polyethylene terephthalate) and a significant player in the global petrochemical market.
18. Isara Vongkusolkit
Net Worth: $1.95 billion
Isara Vongkusolkit is a Thai businessman with interests in various industries. He is the Chairman of Mitr Phol Group, one of the world’s largest sugar producers. Isara’s leadership has driven Mitr Phol’s growth and diversification into renewable energy and other sectors.
His commitment to sustainable agriculture and environmental stewardship aligns with global efforts to address agricultural and energy challenges. One of the richest persons in Thailand.
19. William Heinecke
Net Worth: $1.85 billion
William Heinecke is a prominent Thai entrepreneur known for his contributions to the hospitality and tourism sectors. He is the founder and Chairman of Minor International, a conglomerate with interests in hotels, restaurants, and retail.
Heinecke’s strategic investments and dedication to hospitality excellence have led to the growth of Minor International, making it a key player in Thailand’s tourism and hospitality industry.
20. Santi Bhirombhakdi
Net Worth: $1.8 billion
Santi Bhirombhakdi is a member of the Bhirombhakdi family, which is associated with the Thai Beverage Public Company Limited (ThaiBev). As a key figure in the company, Santi is involved in the production and distribution of alcoholic and non-alcoholic beverages.
ThaiBev’s diverse portfolio includes popular brands of beer, spirits, and other beverages. Santi’s contributions have helped establish ThaiBev as a significant player in the beverage industry.
21. Chuchat Petaumpai & Daonapa Petampai
Net Worth: $1.75 billion
Chuchat Petaumpai and Daonapa Petampai are Thai entrepreneurs known for their involvement in the retail and real estate sectors. They are the founders of the Siam Piwat Group, a leading developer and operator of shopping malls in Thailand.
Siam Piwat is responsible for iconic malls like Siam Paragon, which has become a prominent shopping and lifestyle destination in Bangkok. Chuchat and Daonapa’s vision and strategic leadership have contributed to the success of Siam Piwat Group and its role in shaping Thailand’s retail landscape.
22. Krit Ratanarak
Net Worth: $1.7 billion
Krit Ratanarak is a Thai businessman with interests in media and communications. He is the founder of Bangkok Broadcasting and Television (BBTV), a media company that operates television and radio channels.
Krit’s contributions to the media industry have played a role in shaping Thailand’s media landscape and providing diverse content to the public. One of the richest persons in Thailand.
23. Keeree Kanjanapas
Net Worth: $1.65 billion
Keeree Kanjanapas is a Thai businessman known for his involvement in the transportation and infrastructure sectors. He is the founder and CEO of BTS Group Holdings, a company that operates Bangkok’s Skytrain (BTS) system.
Keeree’s leadership has transformed public transportation in Bangkok, providing a convenient and efficient mode of travel for millions of residents and tourists. One of the richest persons in Thailand.
24. Rit Thirakomen
Net Worth: $1.6 billion
Rit Thirakomen is a notable figure in Thailand’s telecommunications industry. He is the Chairman of True Corporation, a telecommunications conglomerate that offers mobile, broadband, and other communication services.
True Corporation has played a significant role in advancing Thailand’s connectivity and digital communication infrastructure. One of the richest persons in Thailand.
25. Anant Asavabhokhin
Net Worth: $1.55 billion
Anant Asavabhokhin is a Thai businessman known for his involvement in the property development and hospitality sectors. He is the CEO of Asset World Corporation, a company that develops and manages hotels, shopping malls, and other properties.
Anant’s leadership has contributed to the growth of Asset World Corporation and its presence in Thailand’s real estate and hospitality markets. One of the richest persons in Thailand.
26. Sathien Sathientham
Net Worth: $1.5 billion
Sathien Sathientham is a Thai entrepreneur with interests in various sectors. He is the founder of Berli Jucker Public Company Limited, a conglomerate with diverse business operations including manufacturing, trading, and retail.
Sathien’s entrepreneurial spirit and strategic investments have propelled Berli Jucker’s growth and prominence in Thailand’s business landscape. One of the richest persons in Thailand.
27. Pradit Phataraprasit
Net Worth: $1.4 billion
Pradit Phataraprasit is a Thai businessman known for his contributions to the energy and petrochemical industries. Pradit’s leadership has played a role in PTT Global Chemical’s role as a major player in Thailand’s petrochemical sector.
He is the Chairman of PTT Global Chemical Public Company Limited, a subsidiary of Thailand’s state-owned oil and gas company, PTT Public Company Limited.
28. Thongma Vijitpongpun
Net Worth: $1.3 billion
Thongma Vijitpongpun is a prominent Thai businessman in the real estate sector. He is the CEO of Pruksa Real Estate Public Company Limited, one of Thailand’s largest property developers. One of the richest persons in Thailand.
Thongma’s leadership has driven Pruksa Real Estate’s growth and its development of residential properties, contributing to Thailand’s housing market.
29. Chartsiri Sophonpanich
Net Worth: $1.25 billion
Chartsiri Sophonpanich is a Thai banker known for his role in the financial sector. He is the President of Bangkok Bank, one of Thailand’s largest and oldest banks.
Chartsiri’s leadership has been instrumental in guiding Bangkok Bank’s operations and its contributions to Thailand’s financial industry. One of the richest persons in Thailand.
30. Chaivat Taepaisitphongse
Net Worth: $1.2 billion
Chaivat Taepaisitphongse is a Thai businessman known for his involvement in the food and beverage sector. Chaivat’s entrepreneurial journey has led to the success of Ichitan Group and its presence in Thailand’s beverage market.
He is the founder of Ichitan Group Public Company Limited, a company that specializes in the production of ready-to-drink beverages. One of the richest persons in Thailand.
31. Pongsak Viddayakorn
Net Worth: $1.15 billion
Pongsak Viddayakorn is a prominent Thai entrepreneur known for his contributions to the real estate and construction sectors. He is the founder and chairman of Quality Houses Public Company Limited (QH), a leading property development company in Thailand.
Pongsak’s leadership has driven QH’s growth and expansion, with the company being involved in various residential and commercial projects. His vision and strategic investments have solidified QH’s position as a key player in Thailand’s real estate industry.
32. Banthoon Lamsam
Net Worth: $1.1 billion
Banthoon Lamsam is a notable figure in Thailand’s financial sector. He is the CEO of Kasikornbank (KBank), one of the country’s largest banks. Under Banthoon’s leadership, KBank has diversified its services and introduced innovative financial solutions, making it a leader in Thailand’s banking industry.
His commitment to digital banking and financial inclusion has contributed to KBank’s success and its role in supporting Thailand’s economic growth. One of the richest persons in Thailand.
33. Chatchai Kaewbootta
Net Worth: $1.05 billion
Chatchai Kaewbootta is a Thai businessman known for his involvement in the food and beverage sector. He is the founder of Ichitan Group Public Company Limited, a company that specializes in producing ready-to-drink beverages.
Chatchai’s entrepreneurial journey and innovative marketing strategies have played a significant role in Ichitan Group’s success and its presence in Thailand’s competitive beverage market.
34. Shah family
Net Worth: $1.02 billion
The Shah family is associated with the TCC Group, a conglomerate with diverse business interests including food and beverages, real estate, and hospitality. One of the richest persons in Thailand.
The family’s involvement in the TCC Group, led by Khunying Wanna Sirivadhanabhakdi, has contributed to the group’s growth and its role in various sectors of Thailand’s economy.
35. Witoon Suriyawanakul
Net Worth: $1.01 billion
Witoon Suriyawanakul is a Thai businessman known for his contributions to the telecommunications and media industries. Witoon’s leadership has driven Intouch’s success and its role in advancing Thailand’s communication and technology sectors.
He is the founder and chairman of Intouch Holdings Public Company Limited, a company with interests in telecommunications and satellite services. One of the richest persons in Thailand.
36. Phornthep Phornprapha
Net Worth: $1 billion
Phornthep Phornprapha is a respected figure in Thailand’s healthcare sector. He is the CEO of Bangkok Dusit Medical Services (BDMS), Thailand’s largest private hospital operator. One of the richest persons in Thailand.
Phornthep’s strategic leadership and dedication to providing high-quality healthcare services have contributed to BDMS’s growth and its reputation as a trusted healthcare provider.
37. Jareeporn Jarukornsakul
Net Worth: $955 million
Jareeporn Jarukornsakul is a prominent Thai businesswoman known for her involvement in the energy and infrastructure sectors. Jareeporn’s visionary leadership has positioned WHA as a key player in Thailand’s industrial and logistics sectors.
She is the CEO and President of WHA Corporation Public Company Limited, a company that focuses on logistics and industrial estate development. One of the richest persons in Thailand.
38. Nutchamai Thanombooncharoen
Net Worth: $820 million
Nutchamai Thanombooncharoen a Thai businesswoman known for her contributions to the manufacturing sector. She is the Chairman of General Engineering Public Company Limited (GEN), a company that specializes in precision engineering and manufacturing services.
Nutchamai’s leadership has led GEN to excel in the production of high-quality industrial components, contributing to Thailand’s manufacturing capabilities. One of the richest persons in Thailand.
39. Adisak & Nattaya Tangmitrphracha
Net Worth: $815 million
Adisak and Nattaya Tangmitrphracha, Thai entrepreneurs known for their involvement in the automotive industry. They are the founders of Tri Petch Isuzu Sales Co., Ltd., an authorized dealer of Isuzu vehicles in Thailand.
Their contributions to the automotive sector have contributed to Isuzu’s presence and success in Thailand’s competitive automobile market. One of the richest persons in Thailand.
40. Chalerm Harnphanich
Net Worth: $780 million
Chalerm Harnphanich a Thai businessman known for his role in the financial sector. He is the Chairman of Land and Houses Public Company Limited, a prominent real estate development company.
Chalerm’s leadership has driven Land and Houses’ growth and its development of residential properties, contributing to Thailand’s real estate market. One of the richest persons in Thailand.
41. Viriyahbhun family
Net Worth: $770 million
The Viriyahbhun family associated with TST Group, a conglomerate involved in various industries, including manufacturing, trading, and real estate. One of the richest persons in Thailand.
Led by Chanchai Viriyahbhun, the family has played a significant role in the development and growth of TST Group, contributing to Thailand’s industrial and business sectors.
42. Kumpol Plussind
Net Worth: $755 million
Kumpol Plussind a Thai entrepreneur known for his contributions to the manufacturing sector. He is the Chairman of Siam Steel Group, a company that specializes in steel and construction-related products.
Kumpol’s leadership has driven Siam Steel’s growth and its role in supporting Thailand’s construction and infrastructure development. One of the richest persons in Thailand.
43. Mongkol Prakitchaiwatthana
Net Worth: $745 million
Mongkol Prakitchaiwatthana is a Thai businessman with interests in various sectors, including real estate and hospitality. He the founder of MQDC (Magnolia Quality Development Corporation Limited), a property development company known for its focus on sustainability and innovation.
Mongkol’s vision has led MQDC to create environmentally friendly and high-quality developments, contributing to Thailand’s real estate and sustainable urban planning. One of the richest persons in Thailand.
44. Winai Teawsomboonkij
Net Worth: $720 million
Winai Teawsomboonkij a Thai entrepreneur known for his involvement in the manufacturing and automotive sectors. He is the CEO of Aapico Hitech Public Company Limited, a company that specializes in automotive parts manufacturing and engineering services.
Winai’s leadership has driven Aapico Hitech’s success and its role in supporting Thailand’s automotive industry. One of the richest persons in Thailand.
45. Maleenont family
Net Worth: $675 million
The Maleenont family associated with the Thai entertainment industry. They are the founders of Workpoint Entertainment Public Company Limited, a media and entertainment company known for its television programs, films, and digital content.
Led by Kriangkai Maleenont, the family has contributed to shaping Thailand’s media landscape and providing diverse entertainment options to the public. One of the richest persons in Thailand.
46. Boonchai Bencharongkul
Net Worth: $665 million
Boonchai Bencharongkul a Thai entrepreneur known for his involvement in the telecommunications and technology sectors. Boonchai’s leadership has positioned Loxley as a key player in Thailand’s technology and communications industries.
He is the founder and CEO of Loxley Public Company Limited, a company that provides technology solutions and services. One of the richest persons in Thailand.
47. Sura Khanittaweekul
Net Worth: $615 million
Sura Khanittaweekul a Thai businessman known for his contributions to the food and beverage sector. He is the Chairman of Betagro Group, a company that specializes in agribusiness and food production.
Sura’s leadership has driven Betagro’s growth and its role in supplying quality food products to domestic and international markets. One of the richest persons in Thailand.
48. Chansamorn Wattanavekin
Net Worth: $610 million
Chansamorn Wattanavekin a Thai entrepreneur known for his role in the manufacturing and construction sectors. One of the richest persons in Thailand.
He is the Chairman of TPC Power Holding Public Company Limited, a company that focuses on power generation and related infrastructure. Chansamorn’s leadership has contributed to TPC Power’s involvement in Thailand’s energy industry.
49. Bancha Ongkosit
Net Worth: $605 million
Bancha Ongkosit a Thai businessman known for his contributions to the healthcare and pharmaceutical sectors. He is the founder and Chairman of Osotspa Public Company Limited, a company that specializes in consumer goods, pharmaceuticals, and healthcare products.
Bancha’s vision has led Osotspa to become a leading player in Thailand’s consumer goods and healthcare markets. One of the richest persons in Thailand.
50. Anan Ruckariyapong
Net Worth: $590 million
Anan Ruckariyapong a Thai businessman known for his involvement in the retail and distribution sectors. The CEO of Siam Makro Public Company Limited, leading cash-and-carry wholesale center operator.
Anan’s leadership has contributed to Siam Makro’s growth and its role in serving businesses and consumers with a wide range of products. One of the richest persons in Thailand.
Conclusion
In the tapestry of Thailand’s economic journey, the top 50 richest persons in Thailand stand as beacons of aspiration and achievement. Their entrepreneurial acumen, unwavering determination, and strategic vision have not only transformed their own lives but have also contributed significantly to the nation’s prosperity.
As Thailand continues to stride confidently into the future, the stories of these magnates serve as a testament to the potential that this nation holds for innovation, growth, and prosperity. Through their enduring legacies and ongoing contributions, the top 50 richest persons in Thailand inspire generations to come, reminding us that within the heart of this captivating land, dreams can indeed be transformed into extraordinary realities.
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