Brothers Chearavanont’s profile picture

Brothers Chearavanont

Brothers Chearavanont’s profile picture
Net worth 2018: $30.54 Billion
Residence: Bangkok, Thailand
Country: Thailand
BIOGRAPHY

Brothers Chearavanont was born in Bangkok, Thailand, Thailand. Brothers Chearavanont is #28 in List Billionaires People In The World. Agribusiness conglomerate Charoen Pokphand Group, controlled by Thailand's richest clan, announced a long-expected succession in its top ranks in January. After 48 years as chairman and CEO, Dhanin Chearavanont crowned his oldest son, Soopakij, 53, and the youngest, Suphachai, 50, as CP's chairman and CEO respectively. An alum of New York University, Soopakij has worked in key group companies. Suphachai, an undergrad from Boston University, started out at retailing arm Siam Makro and went on to head True,the telecom business, in which the group has invested billions. Though it has not been profitable so far, True has surpassed Dtac to become number 2 and is on track to turn the corner this year. Suphachai recently announced 'CP 4.0,' a plan to transform the group with digital technology, among much else. "I see myself as both a professional and an entrepreneur," he says. The patriarch, 77, is now designated senior chairman, though it is believed he continues to call the shots.

NET WORTH STATISTIC
2018

$30.54 Billion

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