Prayudh Mahagitsiri
#3254

Prayudh Mahagitsiri

Thailand 80 years old

Overview

Source of Wealth
Coffee, shipping
Residence
Bangkok
Marital Status
Married
Children
3

Assets

  • Mermaid Maritime
    268,587,000 shares @ -
    -
    DU4-SG
  • POSCO-Thainox Public
    78,957,000 shares @ -
    -
    INOX-TH
  • TFI Corpoartion PCL
    14,046,823,000 shares @ -
    -
    TFI-TH
  • Thoresen Thai Agencies PCL
    657,477,000 shares @ -
    -
    TTA-TH

Biography

Thai coffee magnate Prayudh Mahagitsiri's Quality Coffee Products was a long-standing joint venture with Nestle, which was terminated n December 2024.

In a case filed by Prayudh, a Thai civil court ordered Nestlé in April 2025 to suspend production, distribution and import of Nescafé instant coffee in Thailand. The order was reversed by a ruling of a specialized court.

Prayudh also has interests in steel, copper, shipping, offshore drilling and property development.

His son Chalermchai, a Boston University grad, is CEO of holding outfit PM Group.

His daughter Ausana is the chief operating officer of the PM Group and founder of Coffee Gallery, a chain of cafes.

About

Prayudh's grandfather emigrated from southern China to Thailand, where he began trading foodstuffs and later imported Japanese-made tuk-tuks.

Prayudh sells and markets P80, a food supplement that's made from the Longan fruit.

The Mahagitsiri family has various franchises in Thailand including Pizza Hut, Taco Bell and Krispy Kreme.

In May 2025 he was given a 24-year sentence by a Thai court in an alleged land-grabbing case. He said he will file an appeal .