C haroen Sirivadhanabhakdi is a Thai self-made billionaire and the founder and chairman of TCC Group, one of Thailand's largest and most diversified conglomerates. The son of a poor street vendor, Charoen started his business career by supplying state-run distilleries before securing his own licenses. He built a near-monopoly in the Thai beverage market, particularly in beer and spirits.
His flagship company is Thai Beverage, the producer of the popular Chang beer and a variety of local spirits, which is the cornerstone of his fortune. He has since diversified his empire aggressively, building a massive portfolio of real estate, hospitality, and retail assets through his privately held TCC Group and the publicly listed Fraser and Neave in Singapore. His property arm, Asset World Corp, is one of Thailand's largest real estate developers and hotel operators. He is known for his astute deal-making and his ability to transform his beverage empire into a sprawling global conglomerate.
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