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Sirivadhanabhakdi familyThe Sirivadhanabhakdi family (Thai: สิริวัฒนภักดี) is a Sino-Thai business family and one of the wealthiest in Thailand. The family is headed by Charoen Sirivadhanabhakdi, 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, Oishi Group, Berli Jucker, Big C Supercenter, Fraser and Neave, Frasers Property, Asset World Corporation, among others, held both directly and under their holdings banner TCC Group.[1][2][3] It is regarded as one of the big five business families that dominate business in Thailand.[4] HistoryCharoen was born in Bangkok in 1944, the second of eleven children. His father, a street vendor, was a Teochew immigrant from Shantou, among the last generation of immigrants to arrive before the Chinese Communist Revolution ended migration in 1949. The family, of the Soh/Su (蘇) clan, first took the Thai surname Srisomburananont (ศรีสมบูรณานนท์). The name Sirivadhanabhakdi—from Pali siri 'prosperity' + vaḍḍhana 'increasing' + Sanskrit bhakti 'devotion'—was granted to Charoen and his descendants by King Bhumibol Adulyadej in 1988.[5] Charoen has five children with his wife Wanna Sirivadhanabhakdi (1943–2023): Atinant Bijananda, Wallapa Traisorat, Thapana Sirivadhanabhakdi, Thapanee Techajareonvikul, and Panote Sirivadhanabhakdi. They have since taken up executive positions in various branches of the family's business empire.[6] PeopleFamily members include:
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.[9] Food and beverage
Industrial and trading businessMost businesses in this group are under Berli Jucker, a long-standing industrial conglomerate founded in 1882, of which Charoen acquired a majority in 2001.[9]
Finance and insuranceThis group originated as Southeast Insurance in 1946, and expanded into other services.[9]
Property and real estateThis group operates as TCC Land, Asset World Corporation,[a] Golden Land,[a] Univentures,[a] and other associated companies. It has done property development in the following categories:[9]
Agriculture and agro-industryThe group has several agricultural business interests in the following areas:[9]
RetailCharoen acquired a majority in Big C Supercenter[a] in 2016.[1] NotesReferences
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