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Charoen Sirivadhanabhakdi is famous for being the Thailand’s second richest entrepreneur. He is a is a Thai business magnate and investor.
|Source Of Wealth||Chairman, ThaiBev and Fraser and Neave|
|Education||School drop up, at the age of 9|
His birth name is Khun Charoen. In 1988, he was granted the family name “”Sirivadhanabhakdi” by the King of Thailand.
He received Thai royal decoration The Knight Grand Cordon (Special Class) of the Most Exalted Order of the White Elephant
He was awarded Thai royal decoration The Knight Grand Cordon (First Class) of the Most Noble Order of the Crown of Thailand
He received honorary doctorate of business administration from Maejo University
He was awarded the honorary doctorate of Management from Huachiew Chalermprakiet University
Charoen Sirivadhanabhakdi serves as the chairman of Thai Beverage.
Charoen Sirivadhanabhakdi was in news for making an investment of $3.3 Billion in hypermarket operator Big C Supercenter Thailand.
As of June 2014, Charoen and his family is now the largest landlord in Thailand, controlling 630,000 rai of land. The land area which he and his family control is over three times more than Thailand’s second largest owner.
In a deal-making spree, liquor tycoon Charoen Sirivadhanabhakdi took significant steps for expanding the footprint of his empire both in the home market and overseas.
He concluded the purchase of the Vietnamese unit of German cash-and-carry firm Metro for $711 Million and finalized a $3.3 Billion deal with France’s Casino Groupe for a 59% stake in hypermarket operator Big C Supercenter Thailand.
He gave his approval for buying a further 25% for an estimated $1.4 Billion from the Chirathivat clan.
His Singapore-listed Frasers Centrepoint bought MHDV Holdings, a U.K. boutique hotel operator for $575 Million.
Still the largest asset of Charoen is considered his controlling stake in Thai Beverage, maker of Chang beer.
In early 2008, Sirivadhanabhakdi attempted to publicly list Thai Beverage, which was already public in Singapore, on the Stock Exchange of Thailand.
Even though he has never attended university, Sirivadhanabhakdi still holds a number of honorary doctorates, including an honorary doctoral degree in agricultural business administration from Maejo Institute of Agricultural Technology, an honorary doctoral degree in industrial technology from Chandrakasem Rajabhat University.
When he started his own family, Sirivadhanabhakdi reportedly learnt many lessons from his wife’s family, who assisted him in developing a greater understanding of the four Chinese principles.
He joined with other donors and the Thai Government to finance a $30 million kidney research center and medical education center.
Charoen Sirivadhanabhakdi was awarded with the honorary doctorate of Management from Huachiew Chalermprakiet University.