Relative to this modest upturn, the nation's richest are enjoying a disproportionate wealth boom, spurred by stock market gains and a stronger baht. The Chirathivat family came in the second with $21.2 billion in net worth, up from $15.3 billion last year. A Bangkok resident for three decades, Mr Lohia's wealth surged 89% to $3.3 billion. Reflecting rising prosperity, there are 32 people whose wealth increased by more than $1 billion this year, four more than in 2017. US-educated Sarath Ratanavadi, chief executive of Gulf Energy Development, which listed in December, is the richest newcomer, at $3.4 billion.

Source: Bangkok Post May 04, 2018 00:45 UTC