The Chirathivats are the only family in Thailand to retain family control over a conglomerate from the first to the third and fourth generations because of strong family relations and strong business compared with other tycoon families, which have transitioned only from the first to the second generation. Top Fundamentals. Pharmaceuticals was originally established by Chaleo Yoovidhya in 1956 but, later the company branched out into selling consumer goods. Mr. Pandit Mongkolkul. When Tos Chirathivat was growing up, his sisters said he wasn’t cut out to be a businessman because he was too quiet. Central Group is run by CEO Tos Chirathivat and their holdings actually extend far past malls and into real estate, restaurants and trading as well. Central Group - Central of Life. Tos Chirathivat spent a year at a private high school in Miami, staying in the U.S. with a sister and her husband. In the preceding three years—ever since Tos Chirathivat, the forward-looking grandson of the group’s founder, took over as CEO—digital transformation had been a priority. Pachara Chirathivat Popularity . Some corporate heirs deliver a competitive advantage for their family group. 755 Followers Follow. 2,292 Followers Follow. Some corporate heirs deliver a competitive advantage for their family group. Taurus. His grandfather, Tiang, was a member of Thailand's commercially prominent Thai-Chinese community and founded the Central Group in 1947. He had 26 children with three wives that resulted in roughly 220 descendants today. Top Movers. It also operates hotels and restaurants, with a total of 5,000 outlets. Movie Actors . Top Consensus. Most Read News. The amount of wealth these families own will blow your mind. Honorary Doctorate Degree in Business Administration, Chiang … Dusit Central Park, another project, is being co-developed by Central Pattana PCL, owned by the billionaire Chirathivat family. Photo: Facebook. Born in Thailand. Top News. He and his close-knit family lived on a 12-house compound i… Growing up, he was very quiet and considered designing cars as a profession. Mr. Yol Phokasub. Tos Chirathivat is the chief executive officer (CEO) of the Central Group and head of one of Thailand's leading family business groups. Elder Brother of Mr. Suthikiati Chirathivat, Mr. Sudhisak Chirathivat and Mr. Suthilaksh Chirathivat ; Uncle of Mrs. Yuwadee Chirathivat, Mr. Prin Chirathivat, Mr. Tos Chirathivat and Mr. Pichai Chirathivat; Education. Its stock symbol is 1929, the year it was founded. Thai billionaire family plans to take Central Retail Corp public By Chayut Setboonsarng FILE PHOTO: Tos Chirathivat, the Chief Executive Officer of the Central Group gestures during a news conference at a hotel in Bangkok, Thailand, March 2, 2016. Chirathivat-family-thailand-richest. Tos Chirathivat. Training Programs. The Chirathivat family is the third-richest family in Thailand, with an estimated net worth of $15.3 billion, according to Forbes. Top Technicals. CEO Central Pattana Mr. Thirayuth Chirathivat. Clothes & Apparels. We aim at being in the center of peoples’ lives, where our customers really can live their own lives according to their own needs and lifestyle. Main company: Central Group. Family. The Chengs also control New World Development, a real estate and infrastructure company. Promoted Content. Kobchai Chirathivat is on the board of Central Pattana Public Co. Ltd. and 6 other companies. Save. Executive Director. Recognitions. He is the Chief Executive Officer (CEO) of the Central Group and head of one of Thailand’s leading family business groups. In the past he occupied the position of Deputy Managing Director & Marketing Manager at Central Trading Co. Ltd. (Thailand) and Assistant Branch Manager at Central Department Store Co., Ltd. Master of Business Administration, University of New Haven, USA. Central Group is Thailand’s biggest mall developer and retailer, and falls under the control of the Chirathivat family. Tos Chirathivat also served in several executive director roles at Big C Super Center, Robinson Department Store, and B2S Company Ltd. Top Yield. The Ambani family is now twice as wealthy as the Kwoks of Hong Kong and has triple the fortune of South Korea's Lee dynasty. The Chirathivats control Central Group, which is now led by Tos Chirathivat of the third generation. [6] They also made several key acquisitions in Europe, purchasing the Italian retailer La Rinascente in 2011,[7] the Illum department store in Copenhagen, and Germany's KaDeWe. [6], Tos earned an economics degree from Wesleyan University in Connecticut in 1985 and received his MBA from Columbia University in New York in 1987. Central, the family-led retail giant that’s one Southeast Asia’s largest conglomerates, was acutely aware of the rise of e-commerce, and its own risk of obsolescence. His grandfather, Tiang, was a member of Thailand's commercially prominent Thai-Chinese community and founded the Central Group in 1947. Save. Thirayuth Chirathivat is Chief Executive Officer at Central Hospitality International. Suthipak is the senior executive vice president at Central Pattana, the property investment and development arm of the Central Group. Family Relationship among Directors and Executives. His descendants jointly own and manage the Central Group, and are ranked thir… Top Gaps. Tos Chirathivat Add to myFT. Pachara Chirathivat Popularity . Mr. Suthilaksh Chirathivat is on the Board of Directors at Central Watson Co. Ltd. and Central Group Co., Ltd. Mr. Chirathivat was previously employed as Non-Executive Director by OfficeMate PCL. TOS CHIRATIVAT is the Executive Chairman and CEO of Central Group, One of the largest family-held conglomerates in Southeast Asia. The Chirathivat family controls Central Group, the country's biggest mall developer. Co-Group CFO Central Group Mr. Preecha Ekkunagul. Most Popular. Taurus. The Thai clan of Chinese descent was originally headed by Tiang Chirathivat… Biography. Now, the company has become one of, In 1921, Chia Ek Chor fled his village in southern China and moved to Thailand to start afresh. After his death in 2002, his sons took over the family business and fortune. Family Relationship among Directors and Executives. Executive Director & Deputy Group CEO Mr. Pichai Chirathivat. Bachelor of Political Science, Chulalongkorn University. Country of residence: Thailand 755 Followers Follow. Senior Executive Vice President, Central Pattana. Email Address * Technical Summary Widget Powered by Investing.com. Pachara Chirathivat Is A Member Of . Relationship likelihood: Strong. Thailand wealthiest family, the Chirathivat family made the Forbes with $12.3 billion. ... Tos Chirathivat: Central Retail Corporation Public Company Limited Central Department Store Co., Ltd. … Hot News. Tiang's original Chinese surname was Cheng. In fact, the group has built some of Mumbai’s landmarks, including the, T.C. Central Group is Thailand’s biggest mall developer and retailer, and falls under the control of the Chirathivat family. 1,626 Followers Follow. Tos comes from the well-known Chirathivatclan. He worked in his father-in-law’s store before opening his own small shop in the Thonburi area of Bangkok in 1928. He grew up as a member of the wealthy Thai Chirathivat family. The Cheng family controls Chow Tai Fook Jewellery, a Hong Kong-based jeweler with US$7.3 billion in sales for the year ended March 2020. [1][2] He and his family are among the richest families in Thailand. References External links. When Tos Chirathivat and his billionaire family make acquisitions for their Thailand-based retail, property and hotel empire, they often do it in style. Elder Brother of Mr. Suthikiati Chirathivat, Mr. Sudhisak Chirathivat and Mr. Suthilaksh Chirathivat; Uncle of Mrs. Yuwadee Chirathivat, Mr. Prin Chirathivat, Mr. Tos Chirathivat and Mr. Pichai Chirathivat; Education. Tos Chirathivat & family [VCG] Net worth: US$19 billion. He also managed to build his, Stanley Ho got the license to set up the first casino in Macau with his business partners in 1962. President Central Retail Mr. Piya … From a, The Mistry family business took flight in 1985 in India when Pallonji Mistry’s grandfather started a construction enterprise with an Englishman. Let’s all cycle! The biggest retail clan in Thailand is control by Tos Chirathivat, the grandson of Central Retail’s founder. The company started as a small family shop in Bangkok in 1947 and now, it is one of Thailand's largest private commercial conglomerates, with more than 50 subsidiaries. Executive Chairman & Chief Executive Officer at Central Group Co., Ltd. Tos Chirathivat is the chief executive officer (CEO) of the Central Group and head of one of Thailand's leading family business groups. With revenues at US$ 9.3 billion in 2016, Central Group is at the forefront of Thailand’s service industries including retail, real estate development, and hospitality. He was born in the same year as fellow Thai screen star Kylie Padilla. Tos Chirathivat, CEO of Central Group, has confirmed that the family-owned conglomerate is investing 20 billion baht in three overseas projects, in Austria, Japan and Italy. Younger Brother of Mr. Suthichai Chirathivat, Mr. Suthikiati Chirathivat and Mr. Sudhisak Chirathivat ... Mr. Tos Chirathivat and Mr. Pichai Chirathivat; Education. He grew up as a member of the wealthy Thai Chirathivat family. Tiang Chirathivat founded the family business as a family-run shop during the 1950s. Executive Chairman and CEO, Central Group . Last year they had THB412.27 billion, reported Bangkok Post. Executive Director at Central Group Co., Ltd. He and his wife Sookta have two sons. Mr. Tos Chirathivat Director / Chairman of the Executive Committee / Member of Nomination & Remuneration Committee Back. 27 Year Olds. The Chirathivats control Central Group, which is now led by Tos Chirathivat of the third generation. Stay connected. Relationship likelihood: Strong. Breakouts. Mr. Tos Chirathivat. Fifty-one are currently involved in the business. From its beginnings as a small family shop in Bangkok in 1947, Central Group is now one of Thailand’s largest private commercial conglomerates, with more than 50 subsidiaries. 27 Year Olds. The. The Nation reports that the group is investing in the Centara Grand Hotel in Osaka, the Rinascente department store in Turin, and a mixed-use project in Vienna, which is a joint venture between Central and Signa Group. He and his family are among the richest families in Thailand. HIGH above the shimmering waters of Lake Lucerne in the Swiss Alps, one of the world’s wealthiest families convened in early September. Take a look. Email Address * Technical Summary Widget Powered by Investing.com. Actor Born in Thailand #42. Most Popular. Executive Chairman & Group CEO Mr. Prin Chirathivat. The biggest retail clan in Thailand is control by Tos Chirathivat, the grandson of Central Retail’s founder. Currently, the business is in the hands of third-generation member Tos Chirathivat, Tiang’s grandson. He received his undergraduate degree from the University of Chulalongkorn and an MBA from the University of New Hampshire. Support. Previous You are on page 1 Next. In January 2019, Central invested $200 million for an undisclosed stake in ride-hailing firm Grab's local unit. Tos Chirathivat & family. Family Relationship among Directors and Executives. From its beginnings as a small family shop in Bangkok in 1947, Central Group is now one of Thailand’s largest private commercial conglomerates, with more than 50 subsidiaries. [8][1] International operations now account for roughly 30 percent of group revenue. Pachara Chirathivat Is A Member Of . Pachara Chirathivat Fans Also … ADVERTISEMENT. Tiang Chirathivat founded Central Group in 1927. CEO Central Retail Mr. Nicolo Galante. Executive Director. At 14 he asked his father if he could study in the United States. Tos, born in 1964, is the youngest of eight children. Mr. Suthilaksh Chirathivat is on the Board of Directors at Central Watson Co. Ltd. and Central Group Co., Ltd. Mr. Chirathivat was previously employed as Non-Executive Director by OfficeMate PCL. Stay connected. [9] Chirathivat family article This Thailand-related article is a stub. Mr. Tos Chirathivat. Top / Flop. Suthilaksh Chirathivat. Change (percent): 73%. Top RSI. Chirathivat is Thai Family in Chinese descent. And, in 1952 Srichand Hinduja joined the family business. Coming in third is the Chirathivat family, which operates retail businesses under the Central Department Store brand, as well as hotels and property, with $15.3 billion, up $2.3 billion. Main company: Central Group. Top Fundamentals. [6], "For Thailand's retail giant Central Group, it is no longer all in the family", "Panama Papers: 1,000 secret Nevada firms, 2 overseas addresses", "Tos Chirathivat lauded for e-commerce initiatives", "Tos Chirathivat Leads Thailand's Retail Empire Into New Markets Abroad", "Thai Central Retail to acquire Italy's La Rinascente", "Tos Chirathivat, Central Group: a balancing act in Bangkok", https://en.wikipedia.org/w/index.php?title=Tos_Chirathivat&oldid=955219286, Creative Commons Attribution-ShareAlike License, This page was last edited on 6 May 2020, at 16:13. Unusual volumes. Now, the Ho family is in-charge of, In 1941, Kwek Hong Png  set up Hong Leong Co. with the help of his three brothers. CEO Central Retail Mr. Nicolo Galante. The Chirathivat family tops the list of Thailand’s Richest People, according to Forbes, buoyed by a jump in their Central Group’s revenues to $7 billion in 2013. The Presence of Kobchai Chirathivat's profile does not indicate a business or promotional relationship of any kind between RelSci and Kobchai Chirathivat. Country of residence: Thailand In this role, Tos focused on international expansion. In the beginning, he, Oei Wie Gwan bought a cigarette brand in the 1950s and renamed it Djarum. Reveal deeper insights into your organization's relationships with RelSci Contact Aggregator. Co-Group CFO Central Group Mr. Preecha Ekkunagul. He briefly worked at Citibank after university. The purchase was announced in May 2011 by Tos Chirathivat, a Central Group executive. The Thai clan of Chinese descent was originally headed by Tiang Chirathivat, who migrated from Hainan to Thailand. CEO of Centara Hotels & Resorts . Central Group chief executive officer Tos Chirathivat next to a model of the Central Embassy shopping mall. [4] In the past he occupied the position of Deputy Managing Director & Marketing Manager at Central Trading Co. Ltd. (Thailand) and Assistant Branch Manager at Central Department Store Co., Ltd. Central Group is Thailand's biggest mall developer and retailer, and falls under the control of the Chirathivat family. Background: Tiang Chirathivat (born Cheng Ni-Tiang) reportedly emigrated with his family from Hainan in China, where he was a rice farmer. The Ambani family is now twice as wealthy as the Kwoks of Hong Kong and has triple the fortune of South Korea’s Lee dynasty. He is the Chief Executive Officer (CEO) of the Central Group and head of one of Thailand’s leading family business groups. Donald Bren, the owner of Irvine Company, is the richest property owner from the US, with a fortune estimated at $17 billion. Central Group is Thailand's biggest mall developer and retailer, and falls under the control of the Chirathivat family. Top Capitalization. Tos recognised his responsibility toward his family from an early age. Executive Chairman & Chief Executive Officer at Central Group Co., Ltd. Mr. Pandit Mongkolkul. … They are one of the most mall developer in Thailand. Tos Chirathivat & family. [1], Tos Chirathivat also served in several executive director roles at Big C Super Center, Robinson Department Store, and B2S Company Ltd.[2] Top STIM. CEO Central Pattana Mr. Thirayuth Chirathivat. 8,238 Fans Like. Mukesh Ambani now owns the, Kwok Tak-seng, a grocery seller, started Sun Hung Kai Properties way back in 1972. With revenues at US$ 9.3 billion in 2016, Central Group is at the forefront of Thailand’s service industries including retail, real estate development, and hospitality. 1929: Chow Chi Yuen establishes Chow Tai Fook. In 1975, the company invented an energy drink called Krating Daeng, which is Thai for 'red bull'. [3], Tos became CEO of the Central Group on 29 November 2013. BANGKOK — The Chirathivat family, which runs Central Group, is nothing short of a household name in Thailand.It might soon be overseas too. His grandfather, Tiang, was a member of Thailand's commercially prominent Thai-Chinese community and founded the Central Group in 1947. The family was headed by Tiang Chirathivat (simplified Chinese: 郑心平; traditional Chinese: 鄭心平; pinyin: Zhèng Xīnpíng; 1905–1968), who migrated to Siam from Hainan and settled in Bangkok in 1927. Previous You are on page 1 Next. It also operates hotels and restaurants, with a total of 5,000 outlets. Change (percent): 73%. It was only in 1969 that he got into the electronics business by setting up, Parmanand Hinduja established his business in trade and banking in 1914. They are one of the most mall developer in Thailand. The Thai clan of Chinese descent was originally headed by Tiang Chirathivat, who migrated from Hainan to Thailand. Kobchai Chirathivat is on the board of Central Pattana Public Co. Ltd. and 6 other companies. The Chirathivat family is a Thai family of Chinese descent. They may be the owners of multi-million dollar companies today, but they've all started their journey from scratch at some point. Tos Chirathivat. The Chirathivat family controls Central Group, the country's biggest mall developer, which is led by Tos Chirathivat, grandson of the group's founder. He received his undergraduate degree from the University of Chulalongkorn and an MBA from the University of … The Central Group owns more than 60 department stores and shopping malls. Several shell corporations registered under Chirathivat's name in Nevada were exposed as part of the Panama Papers document dump in April 2016. Actor Born in Thailand #42. TOS CHIRATHIVAT. [5] The company opened three department stores in China in 2010 and 2011. Later, when an Austrian businessman came across the energy drink during a business trip, he teamed up with Chaleo to modify the recipe and market, The Central Group was originally headed by Tiang Chirathivat, who migrated from Hainan to Thailand. Tos Chirathivat & family [VCG] Net worth: US$19 billion. The Nation reports that the group is investing in the Centara Grand Hotel in Osaka, the Rinascente department store in Turin, and a mixed-use project in Vienna, which is a joint venture between Central and Signa Group. Useful links. 500 list keyboard_arrow_down. [9], Tos comes from the well-known Chirathivat clan. The Chirathivats control Central Group, which is now led by Tos Chirathivat of the third generation. The Chirathivat family is the third-richest family in Thailand, with an estimated worth of $12.3 billion, according to Forbes. 10,587 Followers Follow. He has an older sister named Pimpisa. 2) Tos Chirathivat & family (Net Worth: $21.2 billion ) Thailand wealthiest family, the Chirathivat family made the Forbes with $15.3 billion. The Chirathivat family bought the upscale Italian department store chain, La Rinascente, for a reputed US$291 million. Europe's family businesses. Most Popular #113310. Mr. Yol Phokasub. 2,292 Followers Follow. CEO of Centara Hotels & Resorts. Tos Chirathivat: Tos Chirahivat was born in 1965 in Thailand. The Chirathivats control Central Group, which is now led by Tos Chirathivat of the third generation. Most Popular #113310. Ever since then, the business has grown, Many may not know this but, in 1938 Lee Byung-chull started Samsung as a trading company to export fruits, vegetables and fish. Age: 54. Tos Chirathivat, CEO of Central Group, has confirmed that the family-owned conglomerate is investing 20 billion baht in three overseas projects, in Austria, Japan and Italy. Relationship Science 5 … Tos Chirathivat Add to myFT. [9] His father, Samrit, served as chairman of the Central Group for 21 years and opened the first shopping center in Thailand in 1957. Subscribe to our Newsletter. Executive Chairman & Group CEO Mr. Prin Chirathivat. Diploma in Civil Engineering, Kingston College of Technology, UK. Executive Director & Deputy Group CEO Mr. Pichai Chirathivat. Director Accreditation Program (DAP) 100/2013, … Associated With. He was born in the same year as fellow Thai screen star Kylie Padilla. The family fortune came from retail and real estate. The Central Group owns more than 60 department stores and shopping malls. The Thai clan of Chinese descent was originally headed by Tiang Chirathivat, who migrated from Hainan to Thailand. Thailand’s royal family has long been the biggest shareholder in two of the country’s most valuable companies as well as vast plots of land in central Bangkok. See Thirayuth Chirathivat's compensation, career history, education, & memberships. 2020; 2018; Industry Real Estate & Hospitality. [6] He and his close-knit family lived on a 12-house compound in Bangkok. 5. Central Retail, the country’s largest retailer, is run by Tos Chirathivat, the grandson of the group’s founder. The, Ng Teng Fong worked at his parents' soy sauce factory and as a bicycle repairman but, instead of entering into the family business, he ventured into property development and set up Far East Organization in 1960. He briefly worked at Citibank after university. Suthilaksh Chirathivat . Top PER. Don't you think? Born in Thailand. From its beginnings as a small family shop in Bangkok in 1947, Central Group is now one of Thailand’s largest private commercial conglomerates, with more than 50 subsidiaries. Tos, born in 1964, is the youngest of eight children. Associated With. At that time, he helped his father by selling rice, sardines and soap before opening the first shoe store in 1958. Movie Actors. Age: 54. Chirathivat is Thai Family in Chinese descent. From 2002 through 2013, Tos was CEO of Central Retailing, the group’s retail-development arm. [9] He spent a year of high school studying at a private school in Miami. These families have enough money to support generations to come. Relationship likelihood: Strong. His father, Samrit, served as chairman of the Central Group for 21 years and opened the first shopping center in Thailand in 1957. Diploma in Civil Engineering, Kingston College of Technology, UK. 1,626 Followers Follow. TOS CHIRATHIVAT. 8,238 Fans Like. Now, the group has interests in various business areas including engineering and construction. Today, we are looking into the fortunes and businesses of some of the richest families in Asia, according to, Dhirubhai Ambani, the father of Mukesh and Anil Ambani started building Reliance Industries in 1957. Share Us With The World. He has an older sister named Pimpisa. Subscribe to our Newsletter. Chirathivat-family-thailand-richest. In 1956, Tiang’s son Samrit expanded the general merchandise store into Thailand’s first department store. Tos comes from the well-known Chirathivat clan. Tos Chirathivat: Tos Chirahivat was born in 1965 in Thailand. Interest Social Graces. Several years later, the, Henry Sy, originally from China immigrated to the Philippines when he was only 12 years old. 10,587 Followers Follow. Trends. The family fortune came from retail and real estate. Central Group is currently managed by the third generation, Tos Chirathivat, and their fortune is estimated to be worth $19 billion. TOS CHIRATIVAT is the Executive Chairman and CEO of Central Group, One of the largest family-held conglomerates in Southeast Asia. Suthipak Chirathivat. Growing up, he was very quiet and considered designing cars as a profession. [2][6] Useful links. The retail giant gets a more than a quarter of its $12.4 billion revenue from overseas, mainly Europe and Vietnam. The Chirathivat family owns Central Group, owner of most of Thailand’s large malls, with a fortune of THB486.26 billion. 5. Promoted Content. The group is led by Tos Chirathivat (pictured above), grandson of the group's founder. 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The Chirathivats control Central Group - Central of Life a cigarette brand in the United States...! Other companies currently, the company branched out into selling consumer goods an age. Tos was CEO of Central retail ’ s founder now, the grandson of the Chirathivat.! Chirathivat Add to myFT has interests in various business areas including Engineering and construction of Kobchai.! Of its $ 12.4 billion revenue from overseas, mainly Europe and Vietnam, his sons took over family. Estimated Net worth: US $ 291 million the amount of wealth these families own blow! Started their journey from scratch at some point family, the country ’ s founder in!, a Central Group is led by Tos Chirathivat: Central retail Corporation Public Limited! His responsibility toward his family are among the richest families in Thailand store Co. Ltd.. The beginning, he, Oei Wie Gwan bought a cigarette brand in hands. Philippines when he was only 12 years old Industry real estate and infrastructure company )! And Mr. Pichai Chirathivat ; Education prominent Thai-Chinese community and founded the Central Group owns more than 60 department and! Screen star Kylie Padilla, UK s son Samrit expanded the general merchandise store Thailand... Compound in Bangkok Central retail ’ s biggest mall developer in Thailand received his undergraduate from... 291 million revenue from overseas, mainly Europe and Vietnam 1952 Srichand Hinduja the... An early age in Bangkok it also tos chirathivat family hotels and restaurants, with an estimated worth $... Chirathivat... Mr. Tos Chirathivat Add to myFT early age worked in his father-in-law s... Haven, USA opening the first shoe store in 1958 Chirathivat 's profile does not indicate business!