Vichai Srivaddhanaprabha, a Thai entrepreneur, passed away in October 2018 after accumulating a fortune of $5 billion.
Vichai Srivaddhanaprabha was born in Thailand on April 4, 1958.
As the CEO and founder of King Power Duty Free, he amassed his wealth by running duty-free stores in Thailand.
The company’s yearly earnings surpass $2 billion.
Vichai was the third richest person in Thailand when he died.
Several professional sports teams were owned by him, making him well-known internationally.
Vichai Srivaddhanaprabha became a god for Leicester City after purchasing the English soccer team for $50 million in 2010.
The team’s value increased from $50 million to $500 million, and the revenue tripled, as he mentioned.
He was the proprietor of the VR Polo Club in Bangkok, a soccer team in Belgium, and established the Thailand Polo Association in 1998.
The monopoly on retail operations at Bangkok’s Suvarnabhumi and Don Muang airports is under the control of King Power Duty Free, a company established in 1989.
Vichai Srivaddhanaprabha holds a 4% stake in Nok Air, a Thai airline.
He was married and had four children while living in Bangkok, Thailand.
The death of Vichai Srivaddhanaprabha, aged 60, was caused by a helicopter crash on October 28, 2018.