Charoen Sirivadhanabhakdi & family

$10.84 B

Ranked #286 in World

About Charoen Sirivadhanabhakdi & family

Charoen Sirivadhanabhakdi, a prominent Thai business mogul, with a net worth of US$10.5 billion, heads Thai Beverage, TCC Group, and Fraser and Neave. Rising from humble beginnings in a Thai Chinese family, Charoen became Thailand's top property mogul and a leading hotel owner globally. His diverse empire extends to dominating Thailand's beverage market with the renowned Chang beer. Despite controversy over the leverage of political ties, Charoen's business acumen has earned him royal honors and a commanding presence in finance, retail, and sports sectors.

Born

May 02, 1944 in Bangkok, Thailand

Age

81 years

Source Of Wealth

Beverage, Real Estate

Industries

Food & Beverage

Citizenship

Thailand

Residence

Bangkok

Spouse

Khunying Wanna Sirivadhanabhakdi

Children

5, including Thapana Sirivadhanabhakdi and Wallapa Traisorat

Charoen Sirivadhanabhakdi was born in 1944 to a Thai Chinese family in Bangkok. He was the sixth of eleven children born to a poor street vendor. His Chinese name is Su Xuming, and he later adopted the Thai surname Srisomburananont. Charoen left school at the age of nine to start working and speaks both Teochew and Thai.

Charoen Sirivadhanabhakdi & family: Family

Charoen Sirivadhanabhakdi is married to Khunying Wanna, and they have five children together. His son Thapana is the CEO of ThaiBev, while his daughter Wallapa is the CEO of Asset World Corporation. His youngest son, Panote, is on the F&N board executive committee, and his youngest daughter, Thapanee, is an executive director. Charoen is a follower of Buddhism.

Charoen Sirivadhanabhakdi & family: Career Highlights

Charoen Sirivadhanabhakdi started his business career by supplying distilleries that produced Thai whiskey. He later acquired a license to produce his own alcoholic drinks and gained 100% of the concessions for liquor production in Thailand. Charoen teamed up with Carlsberg to tap into Thailand's beer market and launched Chang beer in 1993, which gained a 60% market share. In 2005, he successfully sued Carlsberg and won US$120 million. Charoen also attempted to list ThaiBev on the Thai stock market but faced protests.

Charoen successfully ventured into property development through TCC Land Co. Ltd. and became the largest landlord in Thailand, controlling 630,000 rai of land. In 2013, he acquired Fraser and Neave, Ltd, and announced plans for a US$3.5 billion new development called One Bangkok.

Charoen Sirivadhanabhakdi & family: Companies

Charoen Sirivadhanabhakdi is the founder of Thai Beverage, the chairman of TCC Group, and the chairman of Fraser and Neave, Ltd (F&N). The Sirivadhanabhakdi family is also Thailand's largest property developer and landlord.

Charoen Sirivadhanabhakdi & family: Major Achievements

Charoen Sirivadhanabhakdi's major achievements include gaining a monopoly over the liquor industry in Thailand, launching the successful Chang beer brand, and becoming the largest landlord in Thailand.

He has also successfully ventured into property development and acquired several major companies, including Fraser and Neave, Ltd.

Charoen Sirivadhanabhakdi & family: Awards & Achievements

Charoen Sirivadhanabhakdi has received numerous awards and honors, including Thai royal decorations and honorary doctorates from several universities. He was also appointed Honorary Commander of the Order of Loyalty to the Crown of Malaysia.

Charoen Sirivadhanabhakdi & family: Personal Life & Legacy

Charoen Sirivadhanabhakdi is a follower of Buddhism and is known for his philanthropy. He has donated large sums of money to various charitable causes and educational institutions. Charoen's legacy is one of entrepreneurship, business success, and philanthropy.

Charoen Sirivadhanabhakdi & family: Trivia

Charoen Sirivadhanabhakdi is a fan of football and has been linked to a potential takeover of English Premier League side Everton. He also acquired a controlling stake in Thai hypermarket operator Big C Supercenter.

Wealth History

Timeline

1944

Charoen Sirivadhanabhakdi was born in Bangkok, Thailand, to a Thai Chinese family.

1953

Charoen left school at the age of nine to work.

1986

Charoen helped rescue the Surathip Group, owned by former prime minister Prem Tinsulanonda.

1993

Charoen launched Chang beer, which gained a 60% market share in Thailand.

2005

Charoen sued Carlsberg and won US$120 million.

2013

Charoen acquired Fraser and Neave, Ltd.

2020

Charoen's net worth is estimated at US$10.5 billion.

Charoen Sirivadhanabhakdi & family : FAQs

What is Charoen Sirivadhanabhakdi's current net worth?

Charoen Sirivadhanabhakdi's current net worth is $10.84 billion.

What is Charoen Sirivadhanabhakdi's current global rank among billionaires?

Charoen Sirivadhanabhakdi holds the 286th position globally among billionaires.

What is Charoen Sirivadhanabhakdi's current ranking within the Thailand?

Charoen Sirivadhanabhakdi holds the 3rd position in Thailand.

What was the change in Charoen Sirivadhanabhakdi's net worth compared to the previous year?

Charoen Sirivadhanabhakdi's net worth decreased by 427.87 million dollars compared to the previous year 2025, when his net worth was 11.27 billion dollars.

What is the recent change in Charoen Sirivadhanabhakdi's net worth?

Charoen Sirivadhanabhakdi's net worth decreased by 119.38 million dollars recently, a 1.1% decrease, with his net worth standing at 10.84 billion dollars.

What are Charoen Sirivadhanabhakdi's main sources of wealth?

Charoen Sirivadhanabhakdi's main source of income comes from Beverage, Real Estate.

In which industry does Charoen Sirivadhanabhakdi primarily operate?

Charoen Sirivadhanabhakdi is primarily involved in the Food & Beverage industry.

How old is Charoen Sirivadhanabhakdi?

Charoen Sirivadhanabhakdi is 81 years old.

How many children does Charoen Sirivadhanabhakdi have?

Charoen Sirivadhanabhakdi has 5 children.

Who is Charoen Sirivadhanabhakdi and what is his role in Thai Beverage?

Charoen Sirivadhanabhakdi is a Thai business magnate and investor, known as the founder of Thai Beverage, and serves as the chairman of both TCC Group and Fraser and Neave, Ltd.

What are the notable achievements of Charoen Sirivadhanabhakdi in the property development sector?

Charoen Sirivadhanabhakdi's Sirivadhanabhakdi family is the largest property developer and landlord in Thailand, with control over 630,000 rai of land, and ownership of 50 hotels across Asia, the US, the UK, and Australia.

How did Charoen Sirivadhanabhakdi's early experiences shape his business career?

Born into a Thai Chinese family, Charoen Sirivadhanabhakdi started working at age nine after leaving school to help support his family. His humble beginnings and early experiences shaped his practical approach to business and contributed to his eventual success in the beverage and property sectors.

What influence did Charoen Sirivadhanabhakdi have on Thailand's beer market?

Charoen Sirivadhanabhakdi revolutionized Thailand's beer market by launching Chang beer in 1993, which quickly gained a 60% market share, and by partnering with Carlsberg initially, before winning a notable lawsuit against them with a US$120 million settlement in 2005.

What impact has Charoen Sirivadhanabhakdi's family had on his business ventures?

Charoen Sirivadhanabhakdi's family plays a significant role in his business empire; his son Thapana is the CEO of ThaiBev, daughter Wallapa as the CEO of Asset World Corporation, son Panote is on the F&N board executive committee, and daughter Thapanee is an executive director.