Vanich Chaiyawan is a Thai businessman who has a net worth of $4.4 billion. Vanich Chaiyawan has humble beginnings. He started off selling cigarettes in the streets at the age of 14 and later traded rice. Vanich Chaiyawan now is the chair of Thai Life, nation’s second-largest life insurance company.
Thanks to the rising value of Thai Life, in which he owns 75% stake along with his family, Chaiyawan has entered the lists of world’s billionaires and Thailand’s richest people. However, the most of the job at Thai Life handles his son Chai who serves as president. Vanich Chaiyawan also co-owns stakes (with sons Chai and Vinyu, daughter Weena) in Singapore-listed brewer and distiller Thai Beverage founded by fellow billionaire Charoen Sirivadhanabhakdi. In addition to being a man who went from rag to richest, Vanich Chaiyawan is also a husband and a father of eight.
|Net Worth:||$4.4 Billion|