Charun Sirivadhanabhakdi

We recently read on this blog that Mr. Charoen Sirivadhanabhakdi, the founder and majority shareholder of Thai Bev, which includes Chang Beer, the second richest man in Thailand is.

The beer and spirits tycoon also owns some real estate that is managed within his private Company TCC Land.

Except hotels in Asia, America and Australia Charoen also owns in Singapore and Thailand the necessary real estate. One of his famous assets is the Pantip Plaza computer center in Bangkok. Charoen ranks 184th among the world's richest people.

Who is Thailand's richest?

Well, according to Forbes Mr. Dhanin Chearavanont, the CEO of the agribusiness agglomerate; called Charoen Pokphand Group. We will briefly discuss some of the companies that fall under this holding company.

CP All owns, among other things, a very important share in the well-known Thai 7-Eleven chain with approximately 6500 stores.

Charoen Pokphand Foods is known as a producer of animal feed and is also one of the world's largest poultry companies. CPF has offices in 17 countries and exports to more than 40 countries.

True Move is a completely different part. For many, the telecommunications company will be known for the mobile phone.

Dhanin Chearavanont

Other activities:

In addition to the food and distribution sector, the agglomerate also has interests in the production of motorcycles, plastics, pharmaceuticals, fertilizers and seeds, among other things.

The Dhanin family (3 brothers) owns a fortune of 7 billion US dollars, making it the richest Thai family. They rank 153 in the world ranking of very wealthy people.

Red Bull

Don't underestimate the recently deceased Chaleo Yoovidhya, the inventor of the Red Bull energy drink about which there is now quite a bit of controversy. The European Parliament is already talking about a warning on the label of the cans.

Last year, Chaleo's heirs, with assets of $208 billion, only half a billion less than Thai Bev's Charoen, ranked XNUMX.

The Chirathivat family

Descendants of the late founder of the Central Group rank fourth with an estimated net worth of US$4,3 billion. The group owns, among others, the Thai retail chains Central, Zen and Robinson.

Krit Ratanarak and family

Bangkok's Radio and TV is owned by this family. The family also owns a lot of real estate in the more affluent areas of London. With a fortune of two and a half billion, it belongs to the top five of Thailand.

A few acquaintances

The Chairman of Boon Rawd Brewery, Chamnong Bhirombhakdi, and his family are in sixth place with a net worth of 2 billion. The brewer of Singha beer, among other things, is the oldest beer brewer in Thailand.

The Vacharaphol family owns Thailand's largest daily newspaper, Thai Tath. The founder, who has since passed away, has nevertheless amassed a fortune of more than one billion US dollars and occupies tenth place in the ranking.

Keeree Kanjanapas

You might not expect it, but Keeree's investment and construction company acquired Bangkok's Skytrain, or BTS Group, in May 2010.

His net worth: 625 million US dollars which puts him in 16th place.

Thaksin Shinawatra & family

We had to wait a while for him, but he comes in 19th place with a net worth of 600 million US dollars. We know Thaksin's history regarding his sentence to 2 years in prison and the sale of the telecom group he founded; Shin Corp. The extent to which this estimated net worth by Forbes is correct is questionable. Hasn't 2 billion of the initial assets been seized? And what about that forty million for son and daughter? And didn't his ex-wife have something to do with it? It remains a separate story.

The very, very richest man in the world very recently acquired 21 percent of our Dutch KPN through América Móvil, despite fierce resistance from KPN. But money is power and the shareholder also succumbs to that. The Mexican Carlos Slim owns, among other things, this Mexican telephone company and has been the richest man on this earth for three years now.

With an estimated net worth of no less than 69 billion US dollars, he leaves behind Microsoft icon Bill Gates with 61 billion and investor and investor Warren Buffet with 44 billion.

And after reading this story, we hope that our pension funds do not end up too far below the funding ratio and that our pensions are not cut. Working until the age of 67 is already a fact.

12 Responses to “The Millionaires of Thailand”

  1. jogchum says up

    Yes, money enough in the world.

    Yesterday in the English newspaper…The Guardian ran the story that a small group of very wealthy, 25 thousand billion Euros parked in foreign accounts, obtained
    through smart tax tricks and handy private banking deals

    The pension funds in NL are almost all below the funding ratio of 105. So
    how nice it would be if all that money from those rich people would be distributed fairly.

  2. Cornelis says up

    Charoen is called the second richest man in Thailand in this article, and the third richest man in the article about him as a 'whisky magnate'. Just a comment, because otherwise it won't make any difference: he's just incredibly rich!

  3. it is says up

    Also so nice that these billionaires are so social and ensure that there is no more poverty in Thailand 🙂
    Well, it must be because they are actually (ex) Chinese, that they don't care much about the poor Thais.
    Thailand was never supposedly colonized. haha.

  4. cor verhoef says up

    Yesterday there was a report in the newspaper that there appears to be $ 21 trillion in offshore companies housed in idyllic places like the Cayman Islands, the Virgin Islands (where Thaksin is no stranger, with his Ample Rich launderette) and other funky places on this globe. For the record 21 trillion is 21 thousand billion.
    I think there is a good chance that comrade Charoen and brother Dhanin also know their way around those islands. And it is almost certain that these gentlemen have never heard of the Balkenende Norm, which in my humble opinion is a shame.

    • Piet says up

      I think there is a good chance that comrade Charoen and brother Dhanin also know their way around those islands.

      – You are speculating that these entrepreneurs know their way around tax havens to evade taxes. Then I wonder what evidence you have for this. I don't think it's fair to spread such gossip as long as there is no evidence for it.

      And it is almost certain that these gentlemen have never heard of the Balkenende Norm, which in my humble opinion is a shame.
      – Do you think it is a shame that these top Thai business people earn more than the Balkenende standard?? More than 500 civil servants in Holland also do this, where this is prohibited by law.

      A great businessman is not comparable to a (semi) civil servant. The businessman takes great risks while the official receives a golden handshake in case of failure.

      Why should these people not be allowed to earn more than the Balkenende norm? I smell Brussels sprouts….

      • cor verhoef says up

        Dear Pete,

        Look it up in the dictionary: “(mild) satire”. Or “humour” or perhaps better in your case “lack of humour”.

      • donald says up

        Dear Pete,

        totally agree with you this time! 🙂

        the raised finger against everything that protrudes above ground level with its head
        clearly floats above this!

        If things don't go well with a businessman/self-employed person, for whatever reason, the staff isn't eager to help the man either!!
        (obviously don't mean if the self-employed person throws the hat at it or something like that)

        Envy, 1 of the evils of humanity…..

        • cor verhoef says up

          Dear Tjamuk,

          It's not envy, but rather a misunderstanding of why it's never enough for some people. I once googled the gentlemen in question and neither of them has done anything for charity projects. I do wish successful people their success, but there comes a point where you can also make your billions work in other ways. Bill Gates and Warren Buffet are examples of this. I think those people can live in a mansion and that comment about the Balkenende standard was meant to be funny (didn't come across).
          Charoen has only expanded his empire over the past thirty years without keeping in mind, for example, the environment, working conditions, and working conditions that you and I have long taken for granted.
          I do not believe that a socialist economic model works. But what I do continue to believe in is that there will come a time for the rich when the thought comes: "maybe I should give something back."
          Of course these tycoons provide employment, but for a sum that you would not even get out of bed. I hear you shout: “but this is Thailand!” That means in your opinion it is ok for a Thai to earn 12000 baht a month in one of Charoen's ventures, but not for you. Because you are, after all, a Falang. And other laws apply to you. Not true?

          • it is says up

            Dear Cor,
            These people, like Thaksin, have earned a lot of money through excellent business acumen combined with hard work. All praise, says tjamuk.”

            Whether those alcohol tycoons have earned their money with hard work, I don't want to say, but to include Taxhim in that category is going too far for me.

            He started by robbing his American partner and then establishing a monopoly for mobile telephony for himself. Things you can't get done when you have power. Furthermore, through corruption and foreknowledge became even richer. Call that hard work.

  5. Dick van der Lugt says up

    Dear Cornelius,
    I noticed that too. My source is Bangkok Post. I don't know what source Joseph used. Maybe he can still let you know.

    • Joseph Boy says up

      Dick and Cornelis, my source is Forbes. Think that in this case the Bangkok Post is somewhat behind. Until recently, the recently deceased Red Bull icon Chaleo Yyoovidhya was the second richest Thai, but he has now been surpassed by Charoen. You can call this 'billion change'. The saying 'change a penny' does not apply to these gentlemen.

  6. gerrit crack says up

    It is the same everywhere in the world, both in Thailand and in the Netherlands.
    I have no problem with business people making good money. Nor are they responsible for the welfare of the people, they are already taking care of that by creating jobs. Governments are responsible for the citizens by making certain provisions. The Dutch are a separate people in that respect, I also earn a normal salary, but the people in my neighborhood do talk about the fact that my girlfriend is coming to the Netherlands and that I regularly go to Thailand, why does it matter. When I work weekends and nights, all my neighbors are lying on their nest with their benefits, that's what I do it for.
    Irritating
    anyway mvg gerrit kraak


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