Thai tycoon - #11 Vichai Srivaddhanaprabha

Thai tycoon - #11 Vichai Srivaddhanaprabha
Real Time Net Worth As of 5/2/15
$2.5 Billion
2014 Thailand's 50 Richest Net Worth
$1.6 Billion
Age 57
Source Of Wealth duty-free, Self Made
Residence Bangkok, Thailand
Citizenship Thailand
Marital Status Married
Children 4
Duty free king Vichai Srivaddhanaprabha's King Power, which has a monopoly on retail operations at Bangkok's Suvarnabhumi and Don Muang airports, saw revenues grow close to 20% to $1.9 billion in 2014 despite last year's political crisis, which slowed tourism arrivals in the first two quarters. With the military junta hinting that King Power's monopoly on duty free operations in Thailand's largest 3 airports could be under threat, he's eyeing expansion in the region, including in Japan and Korea. His other assets include a 4% stake in Thai budget airline Nok Air and English football team Leicester City. He celebrated King Power's 25th anniversary last year at a big gala event with a performance by Kenny G. Avid polo player, he owns dozens of horses and his own polo field outside of Bangkok.