Thai families among richest in Asia

Asia is a diverse continent with many rich and poor people making up societies in many countries. In recent decades Asia’s economic development has been increasing rapidly. Japan, South Korean and China boast many of the World’s richest people. Southeast Asia has been slower to catch up to these Asian behemoths but it seems that catching up they are.

Forbes is the authority on rich lists and they have just released their latest list of the 50 richest families in Asia, 2016. Two of these 50 families are Thai. Chearavanont and Chirathivat are among the many other wealthy families making up this list of lucky, high profile, people.

The number one spot hasn’t changed since last year, being held again by Samsung founders, the Lee family of South Korea. The Lees boast a fortune of THB 1,043 billion, raising into triple figures since last year’s THB 937.4 billion.

Thailand’s richest, the Chearavanout family, owners of Charoen Pokphand Group (CP Group) have had a rather successful year. They shot up a few places and a few hundred thousand baht to a fortune of THB 976.2 billion. You’ll be familiar with their work as they run 7-Eleven in Thailand as well as a couple of other companies.

The Chirathivat family occupy position 14 on the list. The family own Central Group who own most of the malls you set foot in here in Thailand. They too have had a good year, rising from a fortune of THB 412.3 billion to THB 486.3 billion.

While the Ratanarak family have fallen off the list since last year don’t be surprised to see more and more southeast Asian names appearing on this list in years to come. It’s becoming a great place to do business.

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