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Thailand's Richest Face Wealth Decline Amid Political Uncertainty:
Thailand’s 50 richest individuals saw their combined wealth drop by 12% to $153 billion in 2024 due to political uncertainty and a weaker baht. Red Bull co-owners Chalerm Yoovidhya & family became the new No. 1, increasing their wealth to $36 billion. The Chearavanont brothers fell to No. 2 with $29 billion. The top five saw declines, including significant losses for Somphote Ahunai and Aloke Lohia. Four beverage tycoons gained wealth, while the minimum net worth to make the list decreased to $550 million.

 

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