Wichai Thongthan Net Worth, spouse, young children, awards, movies

$1,100,000,000

With a net worth of $1.1 billion, Wichai Thongthan is a famous Thai businessman who has earned his wealth through wise investments and strategic choices. Starting his career as a lawyer, Wichai gained recognition for representing influential individuals, including former Thai prime minister Thaksin Shinawatra. As his clients could not afford fees, he cleverly accepted real estate as payment, which allowed him to venture into the world of investments.

Today, Wichai sits on various corporate boards and owns a significant stake in companies such as Bangkok Dusit Medical. His net worth received a substantial boost after the shares of his investments surged in value, firmly establishing his position among Thailand’s billionaires. Furthermore, his business interests extend to Cable Thai Holdings, where he owns a 25% stake, successfully outbidding larger competitors to secure broadcast rights for the English Premier League throughout Thailand, Cambodia, and Laos.

Key facts:

Wichai Thongthan started his career as a lawyer and achieved success representing high-powered individuals such as Thai prime minister Thaksin Shinawatra.

Due to his clients not being able to afford fees, he accepted real estate as payment, which allowed him to start investing.

Wichai Thongthan sits on the boards of various listed companies, including Bangkok Dusit Medical, where he and his wife own 12%.

After the shares of Bangkok Dusit Medical increased in September 2012, Wichai Thongthan debuted on Thailand's richest list and his wealth has continued to rise by 50%.

He also holds a 25% stake in Cable Thai Holdings, which successfully bid for broadcast rights for the English Premier League football in Thailand, Cambodia, and Laos, beating out larger competitors.