Three of Thailand’s business-tycoon families have been ranked among Bloomberg’s Asia’s 20 Richest Families list in 2025 with CP Group’s Chearavanont coming in second place behind India’s Ambani.
The names of those families are as follows:
1) Ambani – Reliance Industries (India), has a total combined wealth of $90.5 billion
2) Chearavanont – Charoen Pokphand Group (Thailand), has a total combined wealth of $42.6 billion
3) Hartono – Djarum, Bank Central Asia (Indonesia), has a total combined wealth of $42.2 billion
4) Mistry – Shapoorji Pallonji Group (India), has a total combined wealth of $37.5 billion
5) Kwok – Sun Hung Kai Properties (Hong Kong), has a total combined wealth of $35.6 billion
6) Tsai – Cathay Financial, Fubon Financial (Taiwan), has a total combined wealth of $30.9 billion
7) Jindal – OP Jindal Group (India), has a total combined wealth of $28.1 billion
8) Yoovidhya – TCP Group (Thailand), has a total combined wealth of $25.7 billion
9) Birla – Aditya Birla Group (India), has a total combined wealth of $23 billion
10) Lee – Samsung (South Korea), has a total combined wealth of $22.7 billion
11) Zhang – China Hongqiao, Shandong Weiqiao Textile (China), has a total combined wealth of $21.9 billion
12) Cheng – New World Development, Chow Tai Fook (Hong Kong) has a total combined wealth of $21.8 billion
13) Bajaj – Bajaj Groups (India) has a total combined wealth of $20.1 billion
14) Pao/Woo – BW Group, Wheelock (Hong Kong) has a total combined wealth of $19.6 billion
15) Kwek/Quek – Hong Leong Group (Singapore/Malaysia) has a total combined wealth of $17.9 billion
16) Kadoorie – CLP Holdings (Hong Kong) has a total combined wealth of $17.1 billion
17) Chirathivat – Central Group (Thailand) has a total combined wealth of $15.7 billion
18) Hinduja – Hinduja Group (India) has a total combined wealth of $15.2 billion
19) Sy – SM Investments (Philippines) has a total combined wealth of $15.1 billion
20) Lee – Lee Kum Kee (Hong Kong) has a total combined wealth of $15 billion
The list was published at the time of tariffs and unpredictable policies issued by US President Donald Trump, which caused major turbulence around the world. Many wealthy families are preparing for a potential impact that may affect their fortune positively or negatively.
Experts suggested that the Asia elite family should send a “Trump whisperer,” or anyone who can understand Trump’s policies and strategies, to stay ahead of any volatility.
As for the three of the richest Thai families on the list, there are the Chearavanont family, the Yoovidhya family, and the Chirathivat family.
The Chearavanont family operates several businesses across multiple sectors in Thailand, collectively known as the Charoen Pokphand Group (CP Group), which covers the industry of food & agriculture, retail & distribution, media & telecommunication, e-commerce & digital, motor vehicles & industrial, pharmacy, and financial & investment. Notable companies within the group are Charoen Pokphand Foods Pcl. (SET: CPF), CP All Pcl. (SET: CPALL) and True Corporation Pcl. (SET: TRUE).
The Yoovidhya family is well known for its Red Bull brand under T.C. Pharmaceutical Industries Company Limited (TCP Group). The company as a whole is an expert in food & beverages, beverages from vending machines, consumer goods distribution, sales promotion, and innovative food & beverage ideas promotion.
Finally, the Chirathivat family is known as the operator of Central shopping mall under Central Group. The company focuses on multi-format retail, real estate, and hospitality. Their businesses are not only present in Thailand but also in Asia and Europe. There are several notable securities in the Thai stock market from this group, namely: Central Patana Pcl. (SET: CPN), Central Plaza Hotel Pcl. (SET: CENTEL) and Central Retail Corporation Pcl. (SET: CRC).