Charoen Sirivadhanabhakdi & family
Beverage, Real Estate · Bangkok
Net worth
$11.8B
Today
−$84M−0.71%Past month
+$191M+1.64%As of Nov 11, 2026, 1:50 PM EST
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 firm Fraser & Neave and property giant Frasers Property. 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.
Net worth over time
Principal holdings
6 positions| Company | Industry | Share | Value |
|---|---|---|---|
Thai Beverage PCL SINGAPORE: Y92-SG | Food & Beverage | 45.6% | $5.4B |
Frasers Property SINGAPORE: TQ5-SG | Food & Beverage | 19.2% | $2.3B |
Asset World THAILAND: AWC-TH | Food & Beverage | 18.5% | $2.2B |
Berli Jucker PCL THAILAND: BJC-TH | Food & Beverage | 14.3% | $1.7B |
Fraser & Neave Ltd. SINGAPORE: F99-SG | Food & Beverage | 2.1% | $250M |
Univentures Public Co. THAILAND: UV-TH | Food & Beverage | 0.3% | $30M |
Also known for
- 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.