BillionaireNet
Chiravanond
Prathip Chiravanond
Rank #1754
THAILANDdiversifiedDiversified

Prathip Chiravanond

Net Worth
$2.241B
-0.52% (24h)
Prathip Chiravanond, a Thai billionaire, is a key figure in Thailand's diversified industry, primarily known for his involvement with the Charoen Pokphand Group (CP Group). His source of wealth is diversified, stemming from his significant role within the conglomerate. He holds a doctorate in plant physiology from the University of California, Davis, and is recognized for his active role in philanthropy. Prathip's career and contributions have significantly impacted Thailand's business landscape.

The Full Dossier

Early Life

Prathip Chiravanond, a prominent figure in Thailand's business world, is part of the Chearavanont family, the driving force behind the Charoen Pokphand Group (CP Group). He received his education at the University of California, Davis, where he earned degrees in plant sciences, culminating in a doctorate in plant physiology.

Rise to Success

Prathip Chiravanond's career is intertwined with the CP Group, a major Thai conglomerate. The CP Group, founded in 1921, initially focused on importing seeds. Over time, it expanded into animal feed production, livestock, retail, and telecommunications. Prathip's role within the group has contributed to its diversification and growth, influencing the business's expansion into the Chinese market and its ventures in telecommunications and retail. Through his leadership, CP Group has been credited with changing China's dietary habits and leading China's green revolution.

Key Business Strategies

CP Group's success is attributed to its strategic diversification and global expansion. The group was the first foreign investor in China after the country's economic opening in 1978. CP Group has expanded across multiple sectors, including agribusiness, telecommunications, retail, and real estate. The company's strategy includes strategic alliances and acquisitions, such as the tie-up with Itochu and the acquisition of Tesco Lotus in Thailand.

Philanthropy

Prathip Chiravanond is involved in philanthropy and community development through the Osotspa Foundation, supporting initiatives in education, healthcare, and environmental conservation.

Career Timeline

2020

Acquisition of Tesco Lotus

CP Group successfully acquired Tesco's operations in Thailand and Malaysia for about $10.6 billion.

2017

Dhanin Chearavanont stepped down as CP's CEO

Dhanin Chearavanont stepped down as CP's CEO after 48 years and remained as senior chairman.

1978

First Foreign Investment in China

CP Group became the first foreign investor in China after its economic opening, opening a feed subsidiary in the Shenzhen economic trade zone.

1921

Seed Shop Founding

Chia Ek Chor and Chia Seow Hui founded a seed shop in Bangkok, the genesis of the Charoen Pokphand Group.

Philanthropic Impact

Education, Healthcare and Environmental ConservationUndisclosed

Osotspa Foundation

Supports education, healthcare, and environmental conservation initiatives.

Wealth Trajectory