Wealth Of Thailand’s 50 Richest On Forbes List Rises Amid Pandemic Challenges

SINGAPORE (July 8, 2021) –Tycoons on the 2021 Forbes list of Thailand’s 50 richest added nearly US$28 billion to their combined wealth despite Covid-19’s impact on the tourism-dependent economy. Buoyed by the prospect of an economic recovery and an uptick in exports, the benchmark stock index surged 43% since fortunes were last measured 15 months ago. That jump helped boost the combined wealth of the country’s 50 richest by more than 20% to $160 billion. The complete list can be found at www.forbes.com/thailand as well as in the July issue of Forbes Asia and the August issue of Forbes Thailand.

The ranking of the top five on the list, whose net worth gains made up nearly half of the total increase, remains unchanged. The Chearavanont brothers of Charoen Pokphand Group retain their top spot with a net worth of $30.2 billion, up from $27.3…