Vanich Chaiyawan (9/20)

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Submitted to "Top 10 Richest People in Thailand"
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Net Worth: $2.85 B

Source of Wealth: insurance, beverages

Residence: Bangkok, Thailand

Citizenship: Thailand

  • Former rice trader Vanich Chaiyawan controls Thai Life, Thailand’s third-biggest life insurer.
  • The company is run by his son Chai, who is aiming to make it into a regional brand.
  • Thai Life sells mostly through agents and is known for its emotionally-charged TV commercials. 
  • Japan’s Meiji Yasuda has a 15% stake in Thai Life.

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Written by Ibrahim Jabbari

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