He has been executive chairman of Charoen Pokphand Group, Thailand's biggest conglomerate, since 1993. Is listed separately from Dhanin based on his ownership of close to a 13% stake in the family's vast assets. He also chairs the family's Chinese arm Chia Tai Group. His son, Chatchaval, bought Fortune magazine for $150 million in November 2018.
READ MORE !The majority of fortune is controlled through Charoen Pokphand Group (CP Group), Thailand's largest closely held conglomerate, according to its website. He and his billionaire brothers control more than 51% of the group, which has interests in agriculture, food, retail, property development and telecommunications. Each brother owns about 13% of CP Group, Viranon Futrakul, a spokesman for Charoen Pokphand, said in September 2016.CP Group's assets include Ping An Insurance Group, a financial services group with more than 180 million customers according to its website in July 2019. He's attributed 3 percent of the company, based on information disclosed in June 2019 filings to the Hong Kong Stock Exchange. Shares of Ping An that have been pledged have been excluded from his net worth calculation.
Through CP Group he also owns about 4.6% of CP All, which operates more than 10,000 branches of 7-Eleven franchise in Thailand, and 6.8% of Charoen Pokphand Foods, a Bangkok-based meat and reed producer. Among the billionaire's other publicly traded assets: a 6.4% stake in True Corp., Thailand's third-biggest mobile-phone operator, and about 7% of Charoen Pokphand Indonesia, which produces poultry and animal feed. Viranon Futrakul, a spokesman for Charoen Pokphand, declined to comment on the billionaire's net worth.