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Top 10 Richest People in Thailand 2024: Net Worth, Fortunes & Interesting Facts

Find out who Thailand’s richest are, what they source their wealth from, and interesting information about their success stories.

10. Osathanugrah Family – Net Worth: $2.7 billion

Source of Wealth : Osotspa, the biggest beverage producer in Thailand, produces a plethora of beverages but concentrates on energy drinks like M-150. 
Residence: Bangkok, Thailand.

Did You Know? Osotspa is going global with major investments in health and wellness, buoyed by Thailand’s surging demand for functional beverages and energy drinks.

9. Prachak Tangkaravakoon – Net Worth: $2.8 billion

  • Source of Wealth: TOA Paints, Thailand’s biggest paint maker.
  • Residence: Bangkok, Thailand.

Did You Know?: TOA Paints also has several eco-friendly products in the pipeline, such as non-toxic and low-VOC paints.

8. Vanich Chaiyawan – Net Worth: $3 billion

Source of Wealth Thai Life Insurance, beverages.
Residence : Bangkok, Thailand.

Did You Know? This is a member of the Chaiyawan Group, which has expanded in the ASEAN region with various health and life insurance products. It has placed much emphasis on education and sustainability in its corporate social responsibility programs.

7. Prasert Prasarttong-Osoth – Net Worth: $3.1 billion

  • Source of Wealth: Bangkok Dusit Medical Services (BDMS), Thailand’s largest private healthcare group.
  • Location: Bangkok, Thailand.
  • Citizenship: Thai.
  • Did You Know?: Prasert is also the founder of Bangkok Airways, which helps BDMS expand its medical tourism operations. BDMS operates more than 50 hospitals in Thailand, serving both local and international patients.

6. Somphote Ahunai – Net Worth: $3.9 billion

  • Category: Energy and renewable sectors represented by Thai-based leader Gulf Energy Development.
  • Location: Bangkok, Thailand.
  • Citizenship: Thai.
  • Did You Know?: Thailand is en route to sustainability, pretty much driven by the solar and wind power projects at the hands of Gulf Energy. Its operations greatly contribute a lot to the power grid within the region.
  1. Chirathivat Family – Net Worth: $10.6 billion
  • Source of Wealth: The Central Group, among the biggest conglomerates in Thailand, having interests in retail, shopping malls, real estate, and hospitality.
  • Residence: Bangkok, Thailand.
  • Citizenship: Thai.
  • Did You Know? Central Group owns a chain of luxury department stores and shopping malls in most major cities in Thailand, while its international business has included stakes in upmarket retail brands and real estate in Europe and the United States.

4. Sarath Ratanavadi – Net Worth: $11.1 billion

  • Source of Wealth: He owns Gulf Energy Development, one of the biggest energy companies in Thailand with interests in electricity generation, gas, and telecommunications.
  • Residence: Bangkok, Thailand.
  • Citizenship: Thai
  • Did You Know?: Sarath’s company is one of the largest independent power producers in Asia. It is also involved in large-scale renewable energy projects, such as solar and wind power.

3. Charoen Sirivadhanabhakdi – Net Worth: $11.2 billion

  • Source of Wealth: ThaiBev, world’s leading beverage company, known especially for Chang Beer and spirits.
  • Residence: Bangkok, Thailand.
  • Citizenship: Thai.
  • Did You Know?: ThaiBev isn’t just a beer company. It has soft drinks and spirits in its portfolio. It is also expanding its reach in the international arena, with Chang Beer now being sold in over 50 countries.
  1. Chalerm Yoovidhya– Net Worth: $26.4 billion
  • Source of Wealth: Red Bull, the famous energy drink company.
  • Residence: Bangkok, Thailand, though he does lots of traveling around the world.
  • Citizenship: Thai.
  • Did You Know?: Besides the product itself, Red Bull is also a lifestyle brand. The brand was highly involved with extreme sports and entertainment. It also owns several Formula 1 racing teams such as Red Bull Racing and AlphaTauri.

1. Chiaravanont Brothers (Dhanin Chearavanont) – Net Worth: $26.5 billion

  • Source of wealth: Charoen Pokphand (CP) Group, Thailand’s largest conglomerate, with businesses in agribusiness, retail, telecommunications, and real estate.
  • Residence: Bangkok, Thailand
  • Citizenship: Thai.
  • Tidbit: CP Group is one of the biggest private employers in Southeast Asia and a global agribusiness leader; businesses range from being among the world’s largest animal feed companies. CP also owns major retail chains, including 7-Eleven stores in Thailand.

From energy to beverages and retail, these billionaires have their wealth diversified in a number of industries. They are not only changing Thailand’s economy but are also leaving their mark internationally. Most of them are also huge players in sustainability, healthcare, and technology, setting trends across the world.

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