Aiyawatt Srivaddhanaprabha, chairman of Leicester City Football Club and son of the late founder of travel retail group King Power, is estimated to have a fortune of US$3.50 from various investments.
 |
|
Billionaire Aiyawatt Srivaddhanaprabha. Photo from Leicester City Facebook |
This ranked him eighth on Forbes“List of Thailand’s 50 richest net worths for 2023.
The foundations of the Srivaddhanaprabha family empire were laid in 1989 when Aiyawatt’s father, Vichai Srivaddhanaprabha, opened a duty-free store in downtown Bangkok, which later became the cornerstone of King Power, as reported by the football news site. World Football League.
A Forbes The report stated that by 2023, King Power operated 11 duty-free shops at airports and tourist locations across Thailand, making it a billion-dollar entity in the country’s acclaimed travel retail market. in the whole world.
The report points out that the family’s properties also include King Power Mahanakhon, Bangkok’s mixed-use skyscraper with a hotel and Thailand’s highest observation deck. The 78-story landmark was reportedly acquired for 14 billion baht ($396 million) shortly before Vichai’s death in a helicopter crash in October 2018.
Another important investment of theirs is Leicester City, acquired by the Vichai-led family in 2010.
Aiyawatt, 39, recently married Nuntisa Tanyongvetch, heiress to a major Thai high-end school uniform brand, in a lavish ceremony on January 28.
The event was attended by international royalty, including Princess Sirivannavari Nariratana of Thailand, Princess Azemah Bolkiah and Prince Mateen of Brunei, as well as Prince Mateen’s wife Yang Mulia Anish Rosnah.
