Krit Ratanarak (Thai: กฤตย์ รัตนรักษ์; rtgs: Krit Rattanarak; born 19 April 1946) is the Chairman of Bangkok Broadcasting & Television Company (operator of Channel 7) and head of one of Thailand’s leading family business groups. The Ratanarak family have substantial holdings in a number of Thai-based companies including Krungsri Bank, Siam City Cement, Allianz Ayudhya, Sri Ayudhya Capital, Matching Studio, Media of Medias and Eastern Star Real Estate as well as holding a majority stake in BBTV.
Family
Krit Ratanarak was born in 1946 and is the eldest of six children with five sisters, four of whom now live outside Thailand. His mother, Sasithorn, still lives in Bangkok.
The Ratanarak family are known to be very private; Forbes call them ‘a very secretive clan’ and Krit’s son Chachchon has been described as being ‘influential while staying below the radar. The Ratanaraks are one of the few remaining ‘old money’ families in Thailand. Krit is the son of Chuan Ratanarak, who founded Bank of Ayudhya (known today as Krungsri Bank), Siam City Cement (producer of the Insee Cement brand) and Bangkok Broadcasting and Television and was one of Thailand’s last great self-made business Titans. Krit took over the family businesses after the death of his father in 1993.
Krit Ratanarak | |
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Born | 19 April 1946 |
Residence | Bangkok, Thailand |
Nationality | Thai |
Occupation | Chairman, Bangkok Broadcasting & Television Company |
Net worth | $5.4 billion (January 2015) |
Spouse(s) | Srisakul Promphan (div.) Chaisakhran Hiranyaphruek (div.) |
Children | Chachchon Ratanarak |
Krit Ratanarak net worth: Krit Ratanarak is a Thai businessman who has a net worth of $5.5 billion. Krit Ratanarak serves as the chairman of Bangkok Broadcasting & Television Company (BBTV), and heads one of Thailand’s leading family business groups. Born to one of the few remaining ‘old money’ families in Thailand, Krit assumed control of the family businesses after his father’s death in 1993. In addition to BBTV, the Ratanarak family also has major holdings in large Thai-based companies including Bank of Ayudhya and Siam City Cement, Thailand’s second biggest cement company, both of which were founded by his late father Chuan. As for Krit Ratanarak’s other holdings, they include Ayudhya Allianz CP, Sri Ayudhya Capital, Matching Studio, Media of Medias and Eastern Star Real Estate. Known to be very private, little is known about the Ratanarak clan’s family members.
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