BillionaireNet
Thongtang
Wichai Thongtang
Rank #1871
THAILANDHealthcareHealthcare, Investments

Wichai Thongtang

Net Worth
$2.106B
-0.38% (24h)
Wichai Thongtang, a 78-year-old Thai investor, is a prominent figure in the finance and investment industry. His net worth is estimated at $2.11 billion, ranking him #1857 globally among billionaires and #11 in Thailand. His wealth stems primarily from his strategic investments in healthcare and other ventures. Thongtang holds degrees from Thammasat University, including a Bachelor of Law and a Master's in Political Science. His career has been marked by significant achievements in business and law, including representing former Prime Minister Thaksin Shinawatra.

The Full Dossier

Early Life

Wichai Thongtang was born in Bangkok, Thailand. He earned a Bachelor of Law and a Master's in Political Science from Thammasat University. He began his career as a lawyer, which later transitioned into a successful investment career.

Rise to Success

Thongtang's career took a turn when he became interested in the stock market. He started investing and eventually amassed significant wealth through strategic investments, particularly in the healthcare sector. He gained a substantial portion of his wealth from a minority stake in Bangkok Dusit Medical Services. Wichai also had a loss-ridden cable-TV company, which was shut down in 2016.

Key Business Strategies

Wichai Thongtang is known for his investment acumen. He focuses on businesses with a promising future, and he emphasizes risk management. He has experience in the stock market and property development. Thongtang's approach involves careful analysis of market fundamentals, financial situations, and the management of a company before investing. He prefers a business model of consolidation, aiming to strengthen businesses in Thailand.

Philanthropy

While specific figures on Wichai Thongtang's philanthropy are not available in the search results, it is known that he has been involved in various initiatives.

Career Timeline

2011

Merger

Merger of his Phyathai Hospital Group with Bangkok Dusit Medical.

2001

Legal Representation

Represented Thaksin Shinawatra in an asset concealment case.

1999

Healthcare Investments

Acquired shares in Sikarin hospital.

1988

Property Business

Started earning profits from the property business.

1979

Interest in Stock Market

Became curious about the stock market after a legal case.

1970

Law Degree

Earned a Bachelor of Law from Thammasat University.

Philanthropic Impact

N/AUndisclosed

Not Available

Information about Wichai Thongtang's specific philanthropic initiatives and amounts are not available in the search results.

Wealth Trajectory