Dhanin Chearavanont

Dhanin Chearavanont
Born 1938
Bangkok, Thailand
Nationality Thailand
Occupation CEO & Chairman of CP Group
Net worth IncreaseUS$14.3 billion (2012)[1]
Children 5

Dhanin Chearavanont (Thai:เจียรวนนท์;Chinese:谢国民) (born 1938) is a Thai businessman based in Bangkok, with ancestral roots in Shantou, China. As of Forbes 2013 List of World Billionaires, Chearavanont is placed 58th with a net worth of $14.3 billion, making him the richest person in Thailand and in Southeast Asia.

Dhanin and family own the Charoen Pokhphand Group (C.P. Group). C.P. Group's holdings generated cumulative revenues of approximately $46.5 billion and holds about $50.1 billion in assets. It is the largest shareholder in Ping An Insurance, a Chinese life insurance company with $461 billion in assets (2012). The C.P. Group is also the second largest shareholder in Itochu Corporation of Japan. Itochu reported revenues of over $141 billion in FY2013.

Dhanin Chearavanont's father, Chia Ek Chor, and uncle, Chia Seow Hui, left China for Bangkok in the 1920s to begin selling seeds and agricultural chemicals. Their business diversified geographically across Asia, and vertically via a number of technology ventures and contract farming initiatives. In the 1980s, as China opened up to foreign firms, the Charoen Pokphand Group became the preferred partner for international brands such as Honda, Wal Mart, and Tesco.

The C.P. Group is one of Asia's largest conglomerates and operates in agriculture, telecommunications, marketing, distribution and logistics, international trading, petrochemicals, property and land development, crop integration, insurance, automotive, and pet foods.

Family businesses

References

  1. Forbes.com. Retrieved 23 April 2013.
  2. http://www.cpthailand.com/Default.aspx?tabid=59
  3. http://www.cpthailand.com/Default.aspx?tabid=59
  4. http://www.cpthailand.com/Default.aspx?tabid=59
  5. http://www.cpthailand.com/Default.aspx?tabid=59
  6. http://www.cpthailand.com/Default.aspx?tabid=59
  7. http://www.nationmultimedia.com/business/CP-All-deal-raises-fear-of-market-dominance-30204662.html
  8. http://www.cpthailand.com/Default.aspx?tabid=59
  9. http://www.cpthailand.com/Default.aspx?tabid=59
  10. http://www.cpthailand.com/Default.aspx?tabid=59
  11. "Executive Profile: Soopakij Chearavanont". BusinessWeek. The McGraw-Hill Companies. Retrieved 26 July 2009.
  12. Horn, Robert (19 April 2004). "Chearavanont". Time. Retrieved 28 April 2010.
  13. http://www.magnolia.co.th

External links