Sarath Rattanavadee is projected to be Thailand's richest stock investor by 2568, with a net worth of 1.89 billion baht.

"Sarath Rattanavadee" of the Gulf Energy Business Empire is the champion of Thai stock investors this year. By 2025, with a net worth of 1.89 billion baht, Niti Ostanukroh, a major investor and heir to the Osotspa Group, will hold the top spot for the seventh consecutive year. His stock portfolio is valued at 4.73 billion baht. Dr. Prasert Prasarttong-Osoth, owner of the Bangkok Hospital Group and Bangkok Airways, is the third wealthiest shareholder with 3.31 billion baht.

Journal of Finance and Banking together with Lecturer in the Faculty of Commerce and Accountancy Chulalongkorn University This is the 32st consecutive year that the Thai Stock Millionaires Ranking is based on major shareholders who are individuals in the country holding shares of 0.5% or more of companies listed on the Stock Exchange of Thailand (SET) and the Market for Alternative Investment (mai) as of the latest shareholder register closing date of September 30, 2568.

Here are the results of the ranking of Thai stock billionaires in 2568. ใน Journal of Finance and Banking December 2568 issue It appears that

Thai Stock Millionaire Champion 2568 namely "Sarat Rattanawadee"

still belongs Sarath Ratanavadi Director, Vice Chairman, and Chief Executive Officer of Gulf Energy Development Public Company Limited (GULF), which has held the top position for the seventh consecutive year.

Sarasat holds shares worth a total of 189,992.47 million baht, a decrease of 50,349.43 million baht or 20.95%. This includes his 29.19% stake in GULF, the largest stake, valued at 189,684.32 million baht, and a 0.65% stake in I-Tel Corporation Public Company Limited (ITC), a pet food manufacturer and subsidiary of Thai Union, valued at 308.15 million baht.

Sarath's wealth this year has decreased to 50,349.43 million baht, as the GULF share price on September 30, 2568 (the date the 2568 Thai stock billionaires' value is calculated) is 43.50 baht, down from 57.00 baht in 2567, a decrease of 13.50 baht or 23.68%.

However, even though the value of the shares held by Sarath has decreased this year, throughout the 7 years he has held the title of Thailand's wealthiest stock investor from 2562 to 2568, the value of his shareholdings has remained at least 1 billion baht every year.

Number 2 stock millionaire namely "Niti Osathanukroh"

Niti Osathanukroh The major investor, heir to the Osotspa empire, remains in the same position as last year, holding shares worth a total of 47,313.08 million baht, a decrease of 12,159.34 million baht or 20.45%.

The portfolio of investments by the investor remains in the same 10 companies as last year: Osotspa Public Company Limited (OSP), Minor International Public Company Limited (MINT), and Home Product Center Public Company Limited (HMPRO).

WHA Corporation Public Company Limited (WHA), CentralPlaza Hotel Public Company Limited (CENTEL), BKI Holdings Public Company Limited (BKIH), Central Pattana Public Company Limited (CPN), CP All Public Company Limited (CPALL), Innova Rubber (Thailand) Public Company Limited (IRC), and Thai President Foods Public Company Limited (TFMAMA).

Number 3 stock millionaire namely "Dr. Prasert Prasatpongosoth"

Dr. Prasert Prasatthong-osot หรือ Dr. Sert The owner of Bangkok Hospital Group and Bangkok Airways retains its third-place position for another year, holding shares worth a total of 33,062.33 million baht, a decrease of 17,602.89 million baht or 34.74%. This includes shares in Bangkok Dusit Medical Services Public Company Limited (BDMS) at 9.18% and Bangkok Airways Public Company Limited (BA) at 11.38%.

Number 4 stock millionaire Number 5 stock millionaire namely "Dawnapha Phetchrampai" and "Chuchart Phetchrampai"

The two owners of Muang Thai Capital Public Company Limited (MTC), which maintains its ranking this year, are... Daonapa Phetampai Ranked 4th, holding 33.96% of MTC shares, valued at 29,160 million baht, a decrease of 6,480 million baht or 18.18%.

part Chuchart Petampai Ranked 5th with a total value of shares held at 28,878.71 million baht, a decrease of 6,561.89 million baht or 18.52%, with MTC holding 33.49% and Xspring Capital Public Company Limited (XPG) 2.32%.

Number 6 stock millionaire namely "Paramaporn Prasatthong-Osoth"

Paramaporn Prasatthong-Osot The Chairman and CEO of Bangkok Dusit Medical Services Public Company Limited, a descendant of Dr. Serth, remains in the same position as last year, holding 5.81% of BDMS and 6.49% of Bangkok Airways Public Company Limited (BA), for a total value of 20,732.61 million baht, a decrease of 10,210.61 million baht or 33%.

Number 7 stock millionaire namely "Prateep Tangmatitham"

Prateep Tangmatitham The Chairman and CEO of Supalai Public Company Limited has moved up into the Top 10 wealthiest Thai shareholders for the first time this year, climbing from 11th place last year. He holds shares worth a total of 18,088.53 million baht, a decrease of 134.67 million baht, making him the shareholder with the smallest decrease in wealth, at only 0.74%, compared to the other Top 10 Thai shareholder billionaires.

Prateep's holdings remain the same as last year, totaling 11 companies, but his stake has increased in every company this year. These include Supalai Public Company Limited (SPALI) at 34.53%, Bangkok Ranch Public Company Limited (BR) at 12.69%, Pranda Jewelry Public Company Limited (PDJ) at 12.95%, and Bangkok Land Public Company Limited (BLAND) at 4.23%.

Thoresen Thai Agencies Public Company Limited (TTA) 3.16%, Banpu Public Company Limited (BANPU) 2.34%, SCG Decor Public Company Limited (SCGD) 2.04%, TPI Polene Power Public Company Limited (TPIPP) 1.97%, TPI Polene Public Company Limited (TPIPL) 1.95%, Ratch Group Public Company Limited (RATCH) 1.47%, and Siam Cement Public Company Limited (SCC) 0.78%.

Number 8 stock millionaire namely "Sura Kanitthaveekul

Sura Kanittaweekul The CEO of Comseven Public Company Limited (COM7), a leading IT retail chain, has re-entered the top 10 wealthiest Thai stock investors after his first entry in 2566. He moved up from 13th place last year, holding shares worth 17,208.38 million baht, a decrease of 310.97 million baht or 1.78%.

Sura's investment portfolio this year consists of shares in 21 companies, the same as last year, but with minor changes in the specific stocks. Sixteen companies remain in his holdings from last year, including Comseven Public Company Limited (COM7) at 25.05% and Turnkey Communication Service Public Company Limited (TKC) at 0.81%.

M Vision Public Company Limited (MVP) 7.00%, Sky ICT Public Company Limited (SKY) 6.77%, Wave Exponential Public Company Limited (WAVE) 6.20%, Nutrition SC Public Company Limited (NTSC) 4.27%, Thai Parcel Public Company Limited (TPL) 3.82%, Triple I Logistics Public Company Limited (III) 2.71%

Millcon Steel Public Company Limited (MILL) 2.59%, CMO Public Company Limited (CMO) 1.94%, SISB Public Company Limited (SISB) 1.11%, Plan B Media Public Company Limited (PLANB) 0.87%, Gunkul Engineering Public Company Limited (GUNKUL) 0.83%, IT City Public Company Limited (IT) 0.6%, Primo Service Solution Public Company Limited (PRI) 0.56%, and Bangkok Airways Public Company Limited (BA) 0.52%.

The shares held in five companies this year include: Pro Inside Public Company Limited (PIS) 4.72%, Jenkongkai Public Company Limited (JPARK) 2.11%, Warrix Sport Public Company Limited (WARRIX) 1.05%, SG Capital Public Company Limited (SGC) 0.72%, and Singer Thailand Public Company Limited (SINGER) 0.66%.

Number 9 stock millionaire namely "Kiri Kanchanapas"

Keeree Kanjanapas The chairman of BTS Group Holdings Public Company Limited (BTS) dropped from 8th place last year, holding shares worth a total of 16,063.10 million baht, a decrease of 3,395.31 million baht or 17.45%. This includes 31.73% of BTS shares, 2.14% of the BTS Growth Infrastructure Fund (BTSGIF), and 1.64% of Super Turtle Public Company Limited (TURTLE).

Number 10 stock millionaire namely "Dr. Pongsak Thammathatcharee"

Dr. Phongsak Thamthatcharee หรือ Dr. Pongsak The founder of the "Pongsak Clinic" cosmetic clinic and a major investor, whose total investment portfolio this year was valued at 15,404.11 million baht, a decrease of 1,796.82 million baht or 10.45%.

This year, Dr. Pongsak has returned to the top 10 wealthiest Thai stock investors, after dropping to 14th place last year. His portfolio, which remains the same as last year, includes 10 companies: Comseven Public Company Limited (COM7) 19.81% and Sky ICT Public Company Limited (SKY) 9.96%.

Warrix Sport Public Company Limited (WARRIX) 9.06%, Nutrition SC Public Company Limited (NTSC) 4.86%, Plan B Media Public Company Limited (PLANB) 4.20%, SISB Public Company Limited (SISB) 3.68%, Triple I Logistics Public Company Limited (III) 3.48%, Healthlead Public Company Limited (HL) 1.15%, Bangkok Airways Public Company Limited (BA) 0.94%, and Wave Exponential Public Company Limited (WAVE) 2.86%.

The stocks added to my portfolio this year include four companies: JPARK Public Company Limited (9.08%), OKJ Public Company Limited (2.18%), PIS Public Company Limited (1.64%), and PR9 Public Company Limited (0.71%).

Rattanawadee family Remains the wealthiest family in Thailand in terms of stock holdings this year. 2568

The year 2568 Rattanawadee family The belongings of Sarath Rattanawadee remain. Remains the wealthiest family in Thailand in terms of stock holdings this year. 2568 For the seventh consecutive year, total wealth amounted to 189,992.47 million baht, a decrease of 50,349.43 million baht or 20.95%.

Second place goes to the Chirathivat family. The 48 relatives collectively hold shares worth 70,933.48 million baht, a decrease of 20,614.23 million baht or 22.52%.

No. 3 Prasat Thong Osot Family The six relatives collectively hold shares worth 65,049.21 million baht, a decrease of 37,630.57 million baht or 36.65%.

Ranked 4th: The Ostanukroh family. The 14 relatives hold shares totaling 60,231.20 million baht, a decrease of 15,411.74 million baht or 20.37%.

rating 5 Phet Ampai family The owners of Muang Thai Capital Public Company Limited (MTC), Dawnapha and Chuchart Petchrampai, hold shares worth a combined 58,038.71 million baht, a decrease of 13,041.89 million baht or 18.35%.