Krit Ratanarak Net Worth is$3,100 $Million
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Krit Ratanarak (Thai: a,?a,?a,?a,?a?? a,?a,?a,?a,?a,?a,?a,?a,(C)a??) (born April 19, 1946) is the Chairman of Bangkok Broadcasting & Television Company (BBTV) and head of one of Thailanda??s leading family business groups. The Ratanarak family have substantial holdings in a number of Thai-based companies including Bank of Ayudhya, Siam City Cement, Ayudhya Allianz CP, Sri Ayudhya Capital, Matching Studio, Media of Medias and Eastern Star Real Estate as well as holding a majority stake in BBTV.
The Ratanarak family are known to be very private; Forbes call them a??a very secretive clana?? and Krita??s son Chachchon has been described as being a??influential while staying below the radar. The Ratanaraks are one of the few remaining a??old moneya?? families in Thailand. Krit took over the family businesses after the death of his father Chuan in 1993. Chuan Ratanarak was born in 1920 in China and his family came to live in Thailand when he was age 6. As a young man in the 1940s he started work in Bangkoka??s docks. He saved his income until he was able to buy his own ship and before long was running a successful shipping business. Over the coming years Chuan founded Bank of Ayudhya, Siam City Cement and Bangkok Broadcasting & Television Company, operator of Channel 7 Thailand, which has held more than 50% of the countrya??s audience share for more than three decades. By the 1980s Chuan had created a major diversified business group which in 2012 had a combined market value of more than US$13.5bn.
Krit joined Bank of Ayudhya in 1972 becoming President in 1982 and CEO in 1990. In 1993 he became Chairman and CEO of the bank, Chairman of BBTV, Chairman of Siam City Cement and Chairman of Ayudhya Insurance. In the late 1990s, Krit navigated Bank of Ayudhya and the other family businesses through the worst of the Asian financial crisis with the result that the Ratanaraks were one of only 8 business groups who had been in Thailanda??s top 40 in 1979 to survive in the top

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Krit Ratanarak Latest News

Thailand’s 10 richest in 2015

Vanich Chaiyawan has 60 percent stake in Thai Life. Krit Ratanarak made his fortune in media and real estate. This billionaire’s wealth increased as shares of Bank of Ayudhya more than doubled during last year. Krit Ratanarak has a minority stake in the ...
Posted: July 19, 2015, 5:38 am

Thai Billionaire Ratanarak Joins Forbes List

Thailand's Krit Ratanarak has hit the Forbes list of the world's richest people with an estimated worth of USD1.2 billion. Reported in The Nation newspaper, Krit's empire spans shareholdings in Bank of Ayudhya, Ayudhya Allianz , Eastern Star Real Estate ...
Posted: March 17, 2012, 5:00 pm

Phuket News: Eleven Thais in Forbes magazine billionaires list

Other Thai billionaires on the list are Krit Ratanarak of Bangkok Broadcasting and Television Co (BBTV) which operates Channel 7 television station (US$2.8 billion); Bangkok Airways founder Prasert Prasarttong-Osoth (US$1.75 billion); exiled former prime ...
Posted: March 4, 2014, 5:53 pm
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