Charoen Sirivadhanabhakdi & family
#283

Charoen Sirivadhanabhakdi & family

Thailand 82 years old Self-Made

Overview

Source of Wealth
Beverage, Real Estate
Residence
Bangkok
Marital Status
Widowed
Children
5

Assets

  • Asset World
    24,000,000,000 shares @ -
    -
    AWC-TH
  • Berli Jucker PCL
    3,005,820,000 shares @ -
    -
    BJC-TH
  • Fraser & Neave Ltd.
    256,452,000 shares @ -
    -
    F99-SG
  • Frasers Hospitality
    0 shares @ -
    -
    ACV-SG
  • Frasers Property
    3,411,180,000 shares @ -
    -
    TQ5-SG
  • Thai Beverage PCL
    17,061,349,000 shares @ -
    -
    Y92-SG
  • Univentures Public Co.
    1,267,487,000 shares @ -
    -
    UV-TH

Biography

Son of a Bangkok street vendor, Charoen Sirivadhanabhakdi controls Thai Beverage, Thailand's largest beverage producer and distributor by revenue, known for its Chang beer.

Other big assets include Singapore beverage and property giant Fraser & Neave.

Charoen's retail empire includes hypermarket chain Big C Supercenter, acquired in 2016 for more than $6 billion.

Charoen listed his privately held property unit, Asset World, in October 2019 and continues to hold a majority stake. It has hotels in tourist hotspots such as Bangkok, Phuket, Krabi and Pattaya.

In 2025, Charoen transferred shares in key companies to his five children.

About

Charoen's son Panote, who looks after the property interests, is overseeing One Bangkok, a $4 billion mixed-use development in the heart of Bangkok.

Charoen took ThaiBev public in Singapore in 2006 after attempts to list in Thailand were derailed by protests against the promotion of alcohol.