Sarath Ratanavadi

$15.26B
$249.4M (1.7%)
as of 10/03/24

About Sarath Ratanavadi

Sarath Ratanavadi is the CEO of Gulf Energy Development, one of Thailand's largest power producers by installed capacity.

He took the company public in 2017 raising more than $700 million, in what was the country's biggest IPO in a decade.

In 2021, Sarath acquired stakes in telecom giant InTouch Holdings and its wireless unit, Advanced Info Service (AIS).

Gulf Energy's joint venture with Singtel and AIS to set up data centers in Thailand is expected to start operations in 2025.

In January 2024, Gulf Energy's joint venture with Binance launched a crypto exchange in Thailand.

Personal stats

Citizenship

Thailand

Source of wealth

Energy

Residence

Bangkok, Thailand

Marital status

Married

Birth date

07/12/65 (age 59)

Education

Bachelor of Science in Engineering, Chulalongkorn University; Master of Science in Engineering, University of Southern California

Self-made

self-made

Sarath Ratanavadi’s fortune is worth

254K

troy ounces of gold

235K

median U.S. household

153K

median U.S. income

0.305%

U.S. credit card volume

0.061%

GDP of the United States

0.045%

United States debt

Net worth history

Annual ranking

Did you know?

He went to college in Bangkok, then moved to the U.S. for a masters degree in engineering.

Net worth over time

Real-time ranking

Financial assets

THAILAND | GULF-TH

Gulf Energy Development

THAILAND | ITC-TH

i-Tail Corporation

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