Sarath Ratanavadi
$9.54B
as of 07/05/24
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
ThailandSource of wealth
EnergyResidence
Bangkok, ThailandMarital status
MarriedBirth date
07/12/65 (age 58)Education
Bachelor of Science in Engineering, Chulalongkorn University; Master of Science in Engineering, University of Southern CaliforniaSelf-made
self-madeSarath Ratanavadi’s fortune is worth
159K
troy ounces of gold
147K
median U.S. household
95K
median U.S. income
0.191%
U.S. credit card volume
0.038%
GDP of the United States
0.028%
United States debt
Net worth history
Annual ranking
Related people
Did you know?
Gulf Energy has a 70:30 joint venture with state-owned oil and gas firm PTT to build a $1.3 billion LNG terminal and port on Thailand's east coast.
Net worth over time
Real-time ranking
Financial assets
THAILAND | GULF-TH
Gulf Energy DevelopmentTHAILAND | ITC-TH
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