Vichai Srivaddhanaprabha Net Worth
Vichai Srivaddhanaprabha Net Worth: Vichai Srivaddhanaprabha was a Thai businessman who passed away in October 2018 with a net worth of $5 billion. Vichai Srivaddhanaprabha was born on April 4, 1958 in Thailand. He made his fortune as the CEO and founder of King Power Duty Free operating duty free shops across Thailand.
The company generates more than $2 billion in annual revenue each year. At the time of his death, Vichai was the third-richest person in Thailand. He also has an international reputation as the owner of several professional sports teams. Vichai Srivaddhanaprabha bought English football team Leicester City for $50 million in 2010. He became a god around Leicester City after the team won the biggest underdog victory in sporting history (the 2016 Premier League title). He also saw the team’s valuation jump from $50 million to $500 million, and revenue more than tripled. He owns the VR Polo Club in Bangkok, another football team in Belgium, and founded the Thai Polo Association in 1998. King Power Duty Free, which he founded in 1989, has a monopoly on the retail business at Bangkok’s Suvarnabhumi and Don Muang airports. Vichai Srivaddhanaprabha also owns a 4% stake in Thai airline Nok Air. He lives in Bangkok, Thailand, and is married with four children. Tragically, Vichai Srivaddhanaprabha passed away at the age of 60 in a helicopter crash on October 28, 2018.
