Chirathivat family’s profile picture

Chirathivat family

Chirathivat family’s profile picture
Net worth 2018: $20.54 Billion
BIOGRAPHY

Chirathivat family was born in . Chirathivat family is #49 in List Billionaires People In The World. The retail clan is behind mall developer Central Group, which gets 30% of its $9.6 billion revenue from overseas. Led by Tos Chirathivat, grandson of the group's founder, it is stepping up its online presence; it owns the Thailand unit of Rocket Internet-backed fashion site Zalora. It also has a $500 million joint venture with China's JD.com to invest in commerce and fintech ventures. In 1927 Tos' grandfather Tiang Chirathivat, a poor immigrant from China, set up his first shop in Bangkok, named Keng Seng Lee. In 1956 Tiang's son Samrit opened the country's first department store, in the Wang Burapha neighborhood of Bangkok.

NET WORTH STATISTIC
2018

$20.54 Billion

TIMELINE
2011

The purchase was announced in May 2011 by Tos Chirathivat, a Central Group executive

1905

The family was headed by Tiang Chirathivat (1905–1968), who migrated to Siam from Hainan and settled in Bangkok in 1927

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