About
Chuan Ratanarak (Chinese: 李木川; pinyin: Lǐ Mùchuān; Thai: ชวน รัตนรักษ์; 1920–1993) was a self-made Thai businessman who built one of the largest and most powerful business empires in Thailand. Starting with nothing, Chuan was one of the legendary generation of Chinese merchants in Thailand to achieve success in one generation. By the time of his death in August 1993, age 73, Chuan was at the head of one of the three dominant business families in Thailand - the others being the Sophonpanich family and the Lamsam family - and the business group Chuan had created, the Ratanarak Group, included Thailand's most successful terrestrial broadcaster, a major retail banking and insurance group and the country's second largest cement producer. Comparing Thai and US entrepreneurs, Professor Krishnamra, head of the Sasin Business School at Thailand's Chulalongkorn University, has said “given the size of the market and the stage of development, Chuan as an entrepreneur was comparable to the Vanderbilts or Rockefellers”. Chuan is the father of Krit Ratanarak and the grandfather of Chachchon Ratanarak.
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1920 China
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| Died |
1993 (aged 72)
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