Aiyawatt Srivaddhanaprabha, Leicester City football club’s chairman and son of travel retail group King Power’s late founder, is estimated to have a fortune of US$3.5 from diverse investments.
Billionaire Aiyawatt Srivaddhanaprabha. Photo from Leicester City’s Facebook |
This ranked him eighth on Forbes’ Thailand’s 50 Richest Net Worth list for 2023.
The foundation of the Srivaddhanaprabha family’s empire was laid in 1989 when Aiyawatt’s father Vichai Srivaddhanaprabha opened a duty-free shop in downtown Bangkok, which later became the cornerstone of King Power, as reported by football news site Football League World.
A Forbes report stated that by 2023, King Power was operating 11 duty-free shops in airports and tourist locales across Thailand, making it a billion-dollar entity in the country’s travel retail market…
