The Sirivadhanabhakdi family () is a

Sino-Thai Thai Chinese (also known as Chinese Thais, Sino-Thais) are persons of Chinese descent in Thailand. Thai Chinese are the largest mixed group in the country and the largest overseas Chinese community in the world with a population of approxi ...

business family and one of the wealthiest in Thailand. The family is headed by

Charoen Sirivadhanabhakdi Charoen Sirivadhanabhakdi (; zh, c=, p=Sū Xùmíng, s=苏旭明, t=蘇旭明; : ; ; born 2 May 1944) is a Thai business magnate and investor. He is the founder of ThaiBev, Thai Beverage, and the chairman of conglomerates TCC Group (Thailand) ...

, who made his fortune in the alcoholic beverages business and has since, through many major acquisitions, expanded the family's holdings into other food and drink properties, real estate, retail, and other industries. The family has controlling stakes in the listed companies

ThaiBev Thai Beverage, better known as ThaiBev () (), is Thailand's largest and one of Southeast Asia's largest beverage companies, with distilleries in Thailand, UK, and China. It is owned by Thai Chinese billionaire business magnate Charoen Sirivadha ...

Oishi Group Oishi Group Public Company Limited is a food-and-beverage corporate group based in Thailand. It operates chains of Japanese restaurants in Thailand, and produces ready-to-drink tea beverages, mainly under the brand Oishi Green Tea, which are also ...

, Berli Jucker, Big C Supercenter,

Fraser and Neave Fraser and Neave, Limited (F&N) is a Thai-Singaporean food and beverage and publishing and printing industries conglomerate. It is owned by Thai Chinese billionaire business magnate Charoen Sirivadhanabhakdi. Listed in Singapore, the group's sub ...

Frasers Property Frasers Property is a Thai-Singaporean multinational real estate and property management group which develops, owns, and manages properties globally. It is owned by Thai Chinese billionaire business magnate Charoen Sirivadhanabhakdi. The group ow ...

Asset World Corporation Asset World Corp Public Company Limited, branded as Asset World Corporation or AWC, is a Thai real estate company majority-owned by billionaire Charoen Sirivadhanabhakdi and his TCC Group. The company was founded in 2009 as First Destination Co., L ...

, among others, held both directly and under their holdings banner TCC Group. It is regarded as one of the big five business families that dominate business in Thailand.

History

Charoen was born in Bangkok in 1944, the second of eleven children. His father, a street vendor, was a Teochew immigrant from

Shantou Shantou, Chinese postal romanization, alternately romanization of Chinese, romanized as Swatow and sometimes known as Santow, is a prefecture-level city on the eastern coast of Guangdong, China, with a total population of 5,502,031 as of the 20 ...

, among the last generation of immigrants to arrive before the

Chinese Communist Revolution The Chinese Communist Revolution was a social revolution, social and political revolution in China that began in 1927 and culminated with the proclamation of the People's Republic of China (PRC) in 1949. The revolution was led by the Chinese C ...

ended migration in 1949. The family, of the Soh/ Su ( 蘇) clan, first took the Thai surname Srisomburananont (). The name Sirivadhanabhakdi—from Pali ''siri'' 'prosperity' + ''vaḍḍhana'' 'increasing' + Sanskrit ''bhakti'' 'devotion'—was granted to Charoen and his descendants by King

Bhumibol Adulyadej Bhumibol Adulyadej (5 December 192713 October 2016), titled Rama IX, was King of Thailand from 1946 until Death and funeral of Bhumibol Adulyadej, his death in 2016. His reign of 70 years and 126 days is the longest of any List of Thai mo ...

in 1988. Charoen has five children with his wife Wanna Sirivadhanabhakdi (1943–2023): Atinant Bijananda,

Wallapa Traisorat Wallapa Traisorat () is a Thai business executive. She is the CEO and President of Asset World Corporation. Biography Traisorat completed a Bachelor of Architecture (with Distinction) from Silpakorn University, Bangkok, followed by a Master of ...

Thapana Sirivadhanabhakdi Thapana Sirivadhanabhakdi (; ; born 1975) is a Thai businessman and the CEO and president of ThaiBev since 2008. Early life He is the third of five children of the Thai Chinese billionaire Charoen Sirivadhanabhakdi (Su Xuming), the founder and c ...

, Thapanee Techajareonvikul, and Panote Sirivadhanabhakdi. They have since taken up executive positions in various branches of the family's business empire.

People

Family members include: *

(born 1944), Thai billionaire businessman * Wanna Sirivadhanabhakdi (; 2 March 1943–17 March 2023), wife of Charoen; served several executive positions including Vice-Chairwoman of

. * Atinant Bijananda, eldest daughter ** Chotiphat Bijananda, husband of Atinant *

, second daughter ** Soammaphat Traisorat, husband of Wallapa *

(born 1974/75), third child and elder son, CEO of ThaiBev ** Papatchya Sirivadhanabhakdi (née Thienprasiddhi), wife of Thapana * Thapanee Techajareonvikul ** Aswin Techajareonvikul, husband of Thapanee * Panote Sirivadhanabhakdi ** Trinuch Chakrabandh Sirivadhanabhakdi, wife of Panote

TCC Group

The family has extensive business properties spanning several industries, held both directly by its individual members and through a network of holding companies collectively branded as TCC Group.

Food and beverage

;

:Producer of

Chang beer Thai Beverage, better known as ThaiBev () (), is Thailand's largest and one of Southeast Asia's largest beverage companies, with distilleries in Thailand, UK, and China. It is owned by Thai Chinese billionaire business magnate Charoen Sirivadha ...

and other alcoholic beverages ;

:Singapore-based food and drink conglomerate, acquired in 2013 ; Sermsuk :Producer of

Est Cola Est (stylized as est; ) Cola is a cola soft drink from Thailand, manufactured by Sermsuk Public Company Limited. It was launched on 2 November 2012. History Est Cola was created following the termination of the company's contract with PepsiCo, ...

and other non-alcoholic beverages ;

:Ready-to-drink tea beverages and restaurant chains

Industrial and trading business

Most businesses in this group are under Berli Jucker, a long-standing industrial conglomerate founded in 1882, of which Charoen acquired a majority in 2001. ; Berli Jucker :Manufacture and distribution of consumer and healthcare products, among various other businesses ;Berli Jucker Foods :Packaged snacks ;Berli Jucker Logistics :Retail logistics services ;

Asia Books Asia Books is the largest English language bookseller in Thailand Thailand, officially the Kingdom of Thailand and historically known as Siam (the official name until 1939), is a country in Southeast Asia on the Mainland Southeast Asia, I ...

:Bookstore chain ;Rubia Industries :Soap, cosmetics and confectionery manufacturer ;TCC Technology :IT services ;Thai Glass Industries :Glass packaging (jars and bottles) ;Thai-Scandic Steel :Galvanized steel structures

Finance and insurance

This group originated as Southeast Insurance in 1946, and expanded into other services. ;Southeast Insurance :Insurance; liquidated following heavy losses in the COVID-19 pandemic ;Southeast Life Insurance :Life insurance ;Southeast Capital :

Fleet vehicle A fleet vehicle is a vehicle owned or leased by a business, government agency, or other organization rather than by an individual or family. Typical examples include vehicles operated by car rental companies, taxicab companies, public utilit ...

leasing

Property and real estate

This group operates as TCC Land,

, Golden Land, Univentures, and other associated companies. It has done property development in the following categories: ;Hospitality :Owns a large number of hotels, mostly operated by international chain brands ;Retail :Developer of shopping centres, including

Pantip Plaza Pantip Plaza is an indoor IT shopping mall located on New Phetchaburi Road in Ratchathewi district, Bangkok, Thailand. It has branch locations in Nonthaburi, in Bangkapi, and in Chiang Mai. Stores The mall has two anchors, IT City, which occ ...

and

Asiatique Asiatique: The Riverfront is a large open-air Shopping mall, mall in Bangkok, Thailand. It occupies the former docks of the East Asiatic Company, and faces the Chao Phraya River and Charoen Krung Road. The complex opened in 2012 after extensive r ...

;Commercial offices :Properties include Empire Tower ;Residential development :Several condominium towers ;MICE :NCC Management and Development operates

Queen Sirikit National Convention Center Queen Sirikit National Convention Center (QSNCC) (Thai: ศูนย์การประชุมแห่งชาติสิริกิติ์) or also known simply as Queen Sirikit Convention Center, is a convention center and exhibition h ...

;Leisure :Rajpruek Club and other golf courses ;Master planning :Large-scale development, including the

One Bangkok One Bangkok is a US$3.9 billion mixed-use development under construction in Bangkok, Thailand. One Bangkok is being developed by Frasers Property, a subsidiary of TCC Group, one of Thailand's largest conglomerates. It was expected to open in s ...

mega-project

Agriculture and agro-industry

The group has several agricultural business interests in the following areas: ;Plantations and processing :Vertically integrated agri-businesses in several crops including rubber (Lastica), pineapples (Siam Food, one of the largest exporters globally), oil palms, and coffee ;Sugar :Operating under the Cristalla brand, with associated ethanol production by Thai Alcohol ;Related businesses :Fertilizers and other services under the Terragro group ;Agricultural commodities trading :Done by Plantheon Trading