Chirathivat Family Net Worth is$6,900 $Million
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The Chirathivat family (Thai: a,?a,?a,?a,?a,?a,?a,?a,?a,?a,?a??, pronounced [tE?A?rA?E?tE?A-wA?t]) is a Thai family of Chinese descent. The family was headed by Tiang Chirathivat (c. 1905a??1968), who migrated to Siam from Hainan and settled in Bangkok in 1927. Tiang had three wives and twenty-five children; today his descendants jointly own and manage the Central Group, and are ranked fourth on Forbes' list of Thailand's forty richest people. The Chirathivat family owns numerous mega-sized department stores across Thailand as well as the well known Centara Hotel brand. The Chirathivat family recently purchased the upscale Italian department store chain, La Rinascente, for a reputed $291 million; the purchase was announced in May 2011 by Tos Chirathivat, a central group executive. Despite being one of the wealthiest families in Thailand, the Chirathivat family is also incredibly populous, being composed of a number of subsidiary families, each with individual stakes and claims in business holdings, meaning that individual wealth of certain family members becomes relatively diffuse. The opaque corporate structure, obscure nature of accounts and the intertwining as well as complex nature of subsidiary family interests in certain holdings renders any individual calculation of wealth insubstantial.

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Chirathivat Family Latest News

5 Thai billionaires who top the country’s rich list – a long way behind King Maha Vajiralongkorn

Central Group is Thailand's biggest mall developer and retailer, and falls under the control of the Chirathivat family. Tos Chirathivat is the grandson of the group's founder, Tiang Chirathivat ...
Posted: April 30, 2020, 3:05 pm

Grand central

“My brother and his family were on holiday, walking around Copenhagen – it is such a beautiful city – and they came across Illum [the department store],” says Yuwadee Chirathivat, who heads up the ...
Posted: April 15, 2016, 4:37 am

Centara Unveils “Centara Complete Care” Program

Moreover, the new initiatives by the hotel group, known for its family focus which is one of ... safety for our guests,” said Mr. Thirayuth Chirathivat, CEO, Centara Hotels & Resorts.
Posted: May 27, 2020, 4:16 pm
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