The Chearavanont brothers retain top spot with biggest dollar gain
SINGAPORE (July 6, 2023) – With the economy boosted by the return of tourists, the combined wealth of tycoons on the 2023 Forbes list of Thailand’s 50 Richest rose nearly 15% to US$173 billion. The complete list can be found here, as well as in the July issue of Forbes Asia and the August issue of Forbes Thailand.
The Chearavanont brothers of the Charoen Pokphand group, who earlier this year completed the merger between their group’s telecom unit True and rival Total Access Communications, clocked the biggest gain in dollar terms to remain at No. 1. Their wealth is up $7.5 billion from last year to a record $34 billion.
Chalerm Yoovidhya retains the No. 2 spot with $33.4 billion, as Red Bull sales hit 11.6 billion cans worldwide, notching up revenue of over $10 billion in 2022. The energy drinks tycoon added…
