Billionaire

Sarath Ratanavadi poised to be Thailand's newest billionaire

A well-timed decision more than a decade ago to abandon coal in time for Thailand’s natural-gas boom is poised to make Sarath Ratanavadi the newest billionaire in Southeast Asia’s second-largest economy.Based on the low end of the pricing range for his Gulf Energy Development Pcl’s initial public offering this week, Sarath has a net worth of 1.9 billion dollars, according to the Bloomberg Billionaires Index.

21 November 2017
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