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Thailand's Richest 2019: Half Of Nation's Wealthiest See Fortunes Decline This Year
Forbes Staff
This story is part of Forbes' coverage of Thailand's Richest 2019.
After enjoying a surge in their wealth a year ago, Thailand’s richest hit a speed bump in 2019. Uncertainty ahead of the country’s March elections and a slow economy dampened sentiment, sapped the Thai baht and sent the country’s benchmark stock index down roughly 7% since we last measured fortunes. The combined net worth of the listees was slightly lower at $160.5 billion from last year’s total of $162.5 billion.
Half of the nation’s richest saw their fortunes decline, including each of the top four. The Chearavanont brothers of the Charoen Pokphand group retained the No.1 spot with a net worth of $29.5 billion. Dhanin Chearavanont, the group’s senior chairman, stepped down in April as chairman of flagship Charoen Pokphand Foods after 25 years in that position. (He remains chairman of CP All, the listed operator of 7-Eleven stores.)
But a fortunate third of the list members ended up better off than a year ago. The biggest gainer was energy tycoon Sarath Ratanavadi, whose fortune surged by $1.8 billion, earning him a spot in the top five for the first time. Shares of his Gulf Energy Development soared 57% in the past 12 months as new power projects came online and the company’s 2018 revenue more than doubled, to $628 million.
Another gainer was the Osathanugrah family, which got a boost from the October 2018 listing of Osotspa, their 128-year-old energy drink maker. Run by the colorful Petch Osathanugrah, an art collector and former pop singer, Osotspa was founded by his great-grandparents as a small pharmacy selling herbal medicines.
ลิงค์รายชื่อ
https://www.forbes.com/thailand-billionaires/list/
...
This story is part of Forbes' coverage of Thailand's Richest 2019.
After enjoying a surge in their wealth a year ago, Thailand’s richest hit a speed bump in 2019. Uncertainty ahead of the country’s March elections and a slow economy dampened sentiment, sapped the Thai baht and sent the country’s benchmark stock index down roughly 7% since we last measured fortunes. The combined net worth of the listees was slightly lower at $160.5 billion from last year’s total of $162.5 billion.
Half of the nation’s richest saw their fortunes decline, including each of the top four. The Chearavanont brothers of the Charoen Pokphand group retained the No.1 spot with a net worth of $29.5 billion. Dhanin Chearavanont, the group’s senior chairman, stepped down in April as chairman of flagship Charoen Pokphand Foods after 25 years in that position. (He remains chairman of CP All, the listed operator of 7-Eleven stores.)
But a fortunate third of the list members ended up better off than a year ago. The biggest gainer was energy tycoon Sarath Ratanavadi, whose fortune surged by $1.8 billion, earning him a spot in the top five for the first time. Shares of his Gulf Energy Development soared 57% in the past 12 months as new power projects came online and the company’s 2018 revenue more than doubled, to $628 million.
Another gainer was the Osathanugrah family, which got a boost from the October 2018 listing of Osotspa, their 128-year-old energy drink maker. Run by the colorful Petch Osathanugrah, an art collector and former pop singer, Osotspa was founded by his great-grandparents as a small pharmacy selling herbal medicines.
ลิงค์รายชื่อ
https://www.forbes.com/thailand-billionaires/list/
...
ความมั่งคั่งของเศรษฐีที่รวยที่สุด 5 ตระกูล เติบโตเร็วกว่าความมั่งคั่งของเศรษฐีที่รวยรองลงมา 20 ตระกูล โดยเฉพาะตั้งแต่ปี 2013 เป็นต้นมา จนปัจจุบันกลุ่มแรกรวยกว่ากลุ่มหลังถึงเกือบ 2 เท่า— สฤณี อาชวานันทกุล (@Fringer) August 24, 2019
จากงานวิจัย “Crazy Rich Thais” โดย Kevin Hewisonhttps://t.co/WOgivoNrtw pic.twitter.com/IjPHxRAfku
Crazy Rich Thais: Thailand’s Capitalist Class, 1980–2019
Kevin Hewison
ABSTRACT
This article provides an account of the upper echelons of Thailand’s capitalist class. Based on an analysis of the Forbes data on Thailand’s wealthiest for the period 2006–2019, it analyses the 30 families and groups that have dominated these rankings over this period. The article compares how the growth of this group’s wealth has outpaced other measures of how Thailand’s economy has grown over this period. The article also compares this Forbes-ranked group with the upper reaches of the Thai capitalist class in 1980, assessing wealth and investment between the most important capitalist groups in 1980 and those in the Forbes rankings for 2006–2019. It finds considerable consistency within this category, in both periods and over time.
