Chearavanont of Thailand’s largest conglomerate CP still richest
The Chearavanont Brothers of the Charoen Pokphand (CP) Group have retained the top spot on the 2023 Forbes list of Thailand’s 50 richest, with the combined wealth of all tycoons rising by almost 15% to US$173 billion.
According to a news release by Forbes on Thursday, the Chearavanont Brothers, who earlier this year finalised the merger between their telecom unit True and rival Total Access Communications (Dtac), saw the largest gain in terms of dollars to maintain their position at No. 1. Their wealth surged to a record $34 billion, up from $7.5 billion last…
