Vichai Srivaddhanaprabha

Vichai Srivaddhanaprabha

Vichai Srivaddhanaprabha in 2007
Born (1958-04-03) 3 April 1958[1]
Thailand
Nationality Thai
Occupation Chairman of King Power
Chairman of Leicester City F.C.
Net worth US$2.90 billion (February 2016)[1]
Spouse(s) Married
Children 4
Website Kingpower

Vichai Srivaddhanaprabha (Thai: วิชัย ศรีวัฒนประภา), formerly Vichai Raksriaksorn (Thai: วิชัย รักศรีอักษร), (born 3 April 1957) is a Thai billionaire businessman, founder and CEO of King Power Duty Free.

Early life

Srivaddhanaprabha was born into a Thai Chinese family.

Career

He is the founder and CEO of King Power Duty Free, an operator of duty-free shops.[2] In December 2009, King Power received the royal warrant from the King of Thailand in a ceremony attended by Raksriaksorn.[3] He is ranked by Forbes magazine as the 9th richest man in Thailand.[1]

Vichai purchased English football club Leicester City in August 2010 following a three-year shirt sponsorship deal.[4]

On 10 February 2011, he was named chairman of Leicester City while continuing as owner. His son, Aiyawatt Srivaddhanaprabha, is vice-chairman.[5]

Polo

In his spare time he is an avid polo player and owns the VR Polo Club in Bangkok. Vichai was also the president of Ham Polo Club in London between 2008 and 2012. Thailand Polo Association was founded by Mr Vichai Srivaddhanaprabha in August 1998, and was given national status as the Thailand Polo association in January 2004.

Personal life

He is married and has four children.[1]

In February 2013, he and his family were bestowed with the honorary name Srivaddhanaprabha, which means light of progressive glory by the king of Thailand. "It is our family’s greatest honour to receive this royally granted surname", Vichai said. "The name 'Srivaddhanaprabha' conveys positive attributes to the industry and brings prosperity to our family. We have now officially changed our surname since it was published in the Royal Gazette in late 2012", Vichai said after formally announcing the change.

References

  1. 1 2 3 4 "Vichai Srivaddhanaprabha". Forbes. Retrieved 11 June 2015.
  2. Sandy Macaskill (12 August 2015). "Leicester announce takeover details". The Telegraph.
  3. Watcharapong Thongrung (3 December 2009). "King Power banks on stable politics". The Nation (Bangkok).
  4. Graham Hill (7 August 2010). "Foxes make the Vich list". The Sun.
  5. Vichai Raksriaksorn Named As Chairman, LCFC.com, 10 Feb 2011

External links

Media related to Vichai Raksriaksorn at Wikimedia Commons


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