Wichai Thongtang

Owner & chairman

Once a corporate lawyer serving the likes of former prime minister Thaksin Shinawatra, this veteran investor and hospital tycoon built up his fortune slowly. As a legal eagle, cash-poor clients would sometimes pay his fees with real estate instead, giving him the perfect opportunity to try his hand in property development. During the 1997 financial crisis, Wichai used his astute business and legal knowledge to snap up healthcare assets, consolidating stakes in various hospitals and bringing struggling facilities to the black. His focus is now on pay-TV operator CTH.

Company:

Cable Thai Holding

Net worth:

US$1.51 billion