Vanich Chaiyawan

$3.31B
as of 07/05/24

About Vanich Chaiyawan

Former rice trader Vanich Chaiyawan is chairman emeritus of Thai Life, Thailand's second-biggest life insurer by total premium income.

The company is run by his son Chai, who is Thai Life's chairman and CEO. Vanich's daughter Varang and son Winyou are deputy CEOs and sit on the board.

Thai Life sells mostly through agents and is known for its emotionally-charged TV commercials.

Japan's Meiji Yasuda Life has a 17% stake in Thai Life. Vanich listed Thai Life in July 2022 raising $1 billion.

Vanich and his family also have a majority stake in Thai Credit Bank, which got listed in February 2024.

Personal stats

Citizenship

Thailand

Source of wealth

Insurance, beverages

Residence

Bangkok, Thailand

Marital status

Married

Birth date

01/01/32 (age 92)

Number of children

8

Self-made

self-made

Vanich Chaiyawan’s fortune is worth

55K

troy ounces of gold

51K

median U.S. household

33K

median U.S. income

0.066%

U.S. credit card volume

0.013%

GDP of the United States

0.01%

United States debt

Net worth history

Annual ranking

Did you know?

His son, Winyou, who is a banker and novelist, has published two books, The Emptiness of True Love and The Emptiness of Yesterday.

Net worth over time

Real-time ranking

Financial assets

SINGAPORE | Y92-SG

Thai Beverage PCL

THAILAND | CREDIT-TH

Thai Credit Bank

THAILAND | TLI-TH

Thai Life Insurance

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