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The Wealthiest Families in Thailand

Economic Growth in Thailand

Thailand’s economy is expected to grow by 3.6% in 2023, fueled by the resurgence of tourism and other economic indicators. The recent national election brought in a younger demographic with the progressive Move Forward Party, adding to the political landscape of the country.

Wealth of Thailand’s Elite

The collective wealth of Thailand’s 50 wealthiest individuals has seen a remarkable surge of nearly 15%, reaching a staggering $173 billion. This increase highlights the intricate relationship between political developments, economic trends, and the prosperity of the country’s richest families.

Top 10 Richest Families in Thailand

  1. Chearavanont Brothers - Leading figures in the Charoen Pokphand Group, with a net worth of $34 billion.
  2. Chalerm Yoovidhya & Family - Owners of Red Bull, with a fortune of $33.4 billion.
  3. Charoen Sirivadhanabhakdi - Wealth from the food & beverage industry, totaling $13.6 billion.
  4. Chirathivat Family - Leaders in fashion & retail, with a wealth of $12.4 billion.
  5. Sarath Ratanavadi - Energy industry mogul, with a net worth of $11.3 billion.
  6. Vanich Chaiyawan - Founder of Thai Life Insurance, with a fortune of $3.9 billion.
  7. Prasert Prasarttong-Osoth - Wealth from the healthcare sector, totaling $3.8 billion.
  8. Aiyawatt Srivaddhanaprabha & Family - Owners of King Power International, with a combined wealth of $3.5 billion.
  9. Somphote Ahunai & Family - Energy industry leaders, with a fortune of $3 billion.
  10. Osathanugrah Family - Wealth from the food & beverage sector, totaling $2.5 billion.

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