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

Central Group Throws Lavish Party for Park Hyatt and Embassy Mall Opening

The property is the crown jewel in the influential Chirathivat family’s portfolio, whose retail empire also extends to Europe with department stores such as La Rinascente in Italy, Illum in Denmark an...
Posted: May 22, 2017, 7:36 am

Global retail experts share latest insights on reinventing retail at the 25th NRCE

Chirathivat’s talk was followed by Mr. Massimo ... s biggest entertainment providers such giant TV network ABS-CBN, family amusement arcade center Timezone, Viu Philippines which offers Korean ...
Posted: October 10, 2018, 9:04 am

Chirathivat daughter cuts out a niche of her own

Being part of the Chirathivat family's large Central Group empire doesn't keep Sansana from her quest to own a small business that she loves. The third-generation member of the clan that runs the coun...
Posted: July 19, 2012, 12:52 pm
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