Thailand’s 5 Richest.

#1 Dhanin Chearavanont & family

    • Net Worth: $12.6 Billion
    • Age 74
    • Married, 5 Children
    • Source Of Wealth: food
    •  Head of agribusiness Charoen Pokphand, Dhanin Chearavanont led the group on an acquisition spree; his companies reportedly accounted for half of the $31 billion in deals announced in Thailand this year. In June his CP All, the world’s third-biggest operator of 7-Eleven stores, got approval to acquire discount retailer Siam Makro; when deal goes through, it will be Thailand’s biggest takeover ever. He also bought a 15% controlling stake in Ping An Insurance in February in biggest-ever foreign acquisition of a Chinese company. His mobile phone company, True, operates the country’s largest residential broadband network. Fortune up $3.6 billion since last year. Signed deal for Siam Makro at 8:45 a.m. as advised by feng shui consultant to bring good luck.

#2 Chirathivat family

  • Net Worth: $12.3 Billion

Sprawling clan’s fortune jumped $5.4 billion thanks to strong gains of several stocks including hotelier Central Plaza (up 140%) and developer Central Pattana (up 85%). Their most valuable holding is Central Retail, run by Tos Chirathivat, grandson of Central Group’s founder Tiang Chirathivat.

#3 Charoen Sirivadhanabhakdi

  • Net Worth: $10.6 Billion
  • Age 69
  • Married, 5 Children
  • Source Of Wealth: drinks, Self Made

His Thai Beverage, country’s largest brewer, whose shares are up three-fourths in past year, paid $11 billion for control of Singapore’s beverage and property company Fraser & Neave. His private property arm, TCC Land, the largest owner of Marriott Hotels in Asia-Pacific as well as holder of Bangkok’s famous tech-mall Pantip Plaza and Hotel Plaza Athénée in Manhattan, is also doing well.

#4 Yoovidhya family

  • Net Worth: $7.8 Billion

Red Bull cofounder Chaleo died in March 2012, leaving his heirs a vast estate based on his 49% stake in iconic drinks brand, as well as interests in hospitals, real estate and sports teams. Though final asset distribution isn’t expected until next year, the estate will likely be divvied up among his 10 children and many grandchildren, several of whom are involved in the business; his son Saravoot is Red Bull Thailand’s managing director. Son Chalerm (No. 31) has his own 2% stake.

#5 Krit Ratanarak

  • Net Worth: $3.9 Billion
  • Age 67
  • Divorced , 1 Child
  • Source Of Wealth: media, real estate

Head of Ratanarak family runs its Bangkok Broadcasting & TV, which operates market leader Channel 7. Japan’s biggest bank, MUFG, has agreed to buy a controlling stake in Bank of Ayudhya, which his family founded in 1945, for up to $5.6 billion. Family has agreed to hold onto its 25% stake. Ratanarak is a billionaire in his own right but fortune here reflects not only his personal stakes but banking and property interests he shares with his mom, son, 5 sisters.

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