Sumet Jiaravanon’s profile picture

Sumet Jiaravanon

Sumet Jiaravanon’s profile picture
Net worth 2018: $4.41 Billion
Industry: Diversified
Residence: Bangkok, Thailand
Country: Thailand
BirthDay: 19 April 1939
Sigh: Taurus
BIOGRAPHY

Sumet Jiaravanon was bornon 19 April 1939 in Bangkok, Thailand, Thailand. Sumet Jiaravanon is #504 in List Billionaires People In The World. Sumet Jiaravanon is the older brother of Thai billionaire Dhanin Chearavanont and executive chairman of Charoen Pokphand Group, the family's sprawling conglomerate. He also chairs the family's Chinese arm Chia Tai Group. Sumet is listed separately from Dhanin based on his ownership of close to a 13% stake in the family's vast assets. His wealth is up partly on new information about the family's private holdings.

NET WORTH STATISTIC
2016

$2.1 Billion

2017

$3.4 Billion

2018

$4.41 Billion

TIMELINE
Dhanin Chearavanont (Thai: ธนินท์ เจียรวนนท์, Chinese: 谢国民; pinyin: Xiè Guómín) (born 1939) is a Thai business magnate, based in Bangkok. He is the Senior Chairman of CP Group, Thailand’s largest private company. Dhanin is head of the Chearavanont family which was ranked by Forbes Asia in 2017 as Asia's fourth wealthiest family with a net worth of US$36.6 billion Chearavanont was born in 1939, the fourth and youngest son of Chia Ek Chor.Dhanin Chearavanont's father, Chia Ek Chor, and uncle, Chia Seow Hui, left China for Bangkok in the 1920s to begin selling seeds and agricultural chemicals. Their business diversified geographically across Asia, and vertically via a number of technology ventures and contract farming initiatives. In the 1980s, as China opened up to foreign firms, the Charoen Pokphand Group became the preferred partner for international brands such as Honda, Wal Mart, and Tesco.Dhanin, his three brothers (Jaran, Montri and Sumet) and their families collectively own the Charoen Pokhphand Group (CP Group).The CP Group is one of Asia's largest conglomerates and operates in agriculture, telecommunications, marketing, distribution and logistics, international trading, petrochemicals, property and land development, crop integration, insurance, automotive, and pet foods.
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