Thailand’s 50 Richest 2022: Collective Net Worth Of The Nation’s Tycoons Drops As A Sluggish Economy Bites

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Thailand’s 50 Richest 2022: Collective Net Worth Of The Nation’s Tycoons Drops As A Sluggish Economy Bites
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Thailand’s benchmark index dipped since fortunes were last measured to drag down the combined wealth of the kingdom’s richest to $151 billion from $160 billion last year.

Tourism, Thailand’s mainstay, is gradually picking up with the easing of restrictions to woo back foreign travelers. In the first five months of 2022, the country attracted 1.3 million visitors, although that is still a fraction of the 40 million annual visitors it drew before the pandemic. Amid a sluggish economic recovery, the benchmark SET Index declined just over 3% since we last measured fortunes with the baht down by 12%.

, founder and CEO of Jay Mart, which was recently included in the SET50 Index along with its debt collection arm JMT Network Services. Rising shares of Com7, one of Thailand’s biggest distributors of Apple products, added two new names to the list. U.S.-educated

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