Vichai Srivaddhanaprabha
- January 13, 2024
- Businessperson
Quick Facts
Vichai Srivaddhanaprabha Biography
| Birthday | Apr 4 |
| Birth Year | 1958 |
Vichai Srivaddhanaprabha is one of the most popular and richest Businessperson who was born on April 4, 1958 in Bangkok, Thailand.
The first football match Vichai watched in England was the 1997 League Cup Final between Leicester City and Middlesbrough, which may have attracted him to the club. In August 2010, the Asia Football Investments consortium including Vichai and his son Aiyawatt purchased English Football League Championship club Leicester City. He succeeded Milan Mandarić as chairman of the club in February 2011 while continuing as owner, and Aiyawatt became the vice chairman. In July 2011, the club’s formerly named Walkers Stadium was renamed the King Power Stadium.
In his spare time Vichai was an avid polo player, and owned the VR Polo Club in Bangkok. He was the president of Ham Polo Club in London from 2008 to 2012.
Vichai Srivaddhanaprabha (Thai: วิชัย ศรีวัฒนประภา ; born Vichai Raksriaksorn (Thai: วิชัย รักศรีอักษร ); 4 April or 5 June 1958 – 27 October 2018) was a Thai billionaire businessman and the founder, owner and chairman of King Power Duty Free. He was also the owner of Premier League football club Leicester City from 2010 until his death in a helicopter crash at the King Power Stadium in Leicester.
As of December 11, 2023, Vichai has a net worth approximately US$4.9 billion (October 2018).
Vichai Srivaddhanaprabha Net Worth
| Net Worth | US$4.9 billion (October 2018) |
| Source Of Income | Businessperson |
| House | Living in own house. |
Net Worth: Thai billionaire businessman, Vichai Srivaddhanaprabha had a net worth estimated to be approximately US$4.9 billion according to Forbes, as of October 2018. His wealth was largely comprised of his ownership of King Power, a leading operator of duty-free shops in Thailand. His business empire expanded beyond the retail industry, as he owned the Premier League football team Leicester City until his untimely death in 2018. Such considerable wealth puts him well above many industry peers, solidifying himself as the 5th richest man in Thailand.
Career and Financial Growth: Srivaddhanaprabha’s remarkable financial milestones were significantly shaped by his career in retail. He opened the first King Power duty-free shop in 1989, a business venture that quickly led him to become one of the richest in Thailand. His investment in the English football team, Leicester City, further placed him on the global stage. The club’s surprising Premier League victory in the 2015-2016 season, while starting as 5000/1 outsiders, was another financial landmark which augmented the value of his investment.
Source of net worth: The vast majority of Vichai Srivaddhanaprabha’s wealth came from his thriving business, King Power. The duty-free retail conglomerate established itself as a major player in the industry, receiving royal warrants and emerging as a key contributor to Srivaddhanaprabha’s net worth. His investments in football clubs, Leicester City and OH Leuven (Belgium) were significant sources of his wealth as well.
Personal Projects and Ventures: Apart from his primary profession, Srivaddhanaprabha expressed his passion for polo, owning the VR Polo Club in Bangkok. He also served as the president of the Ham Polo Club in London from 2008 until 2012. Furthermore, his sons represented Thailand’s national polo team in the Southeast Asian Games.
Philanthropy: Srivaddhanaprabha was a significant philanthropist, notably in his investment in Buddhist temples and support of Buddhist monks. Believing that success and failure were influenced by karma, he sought to accumulate good karma through acts of generosity and goodwill, providing key support in his community and beyond.
Recent Developments: Unfortunately, Srivaddhanaprabha’s life was cut short as he died in a helicopter crash at the Leicester City’s King Power Stadium in October 2018. His legacy continues to thrive through his business ventures and his contributions to charities. Nevertheless, his untimely death has undoubtedly posed certain risks and challenges to the future of his business empire.
Height, Weight & Body Measurements
Vichai Srivaddhanaprabha height Not available right now. Vichai weight Not Known & body measurements will update soon.
Who is Vichai Srivaddhanaprabha Dating?
According to our records, Vichai Srivaddhanaprabha married to Aimon Srivaddhanaprabha. As of January 13, 2024, Vichai Srivaddhanaprabha’s is not dating anyone.
Relationships Record : We have no records of past relationships for Vichai Srivaddhanaprabha. You may help us to build the dating records for Vichai Srivaddhanaprabha!
Vichai was the founder and CEO of King Power Duty Free, an operator of duty- free shops. In December 2009, King Power received the royal warrant from King Bhumibol of Thailand in a ceremony attended by Vichai. He was ranked by Forbes magazine as the 5th richest man in Thailand, reportedly worth US$4.9 billion, as of 28 October 2018.
Facts & Trivia
Vichai Ranked on the list of most popular Businessperson. Also ranked in the elit list of famous people born in Thailand. Vichai Srivaddhanaprabha celebrates birthday on April 4 of every year.
How did Vichai Srivaddhanaprabha died?
Helicopter crash
What is Vichai Srivaddhanaprabha worth?
In October 2018, he was ranked by Forbes magazine as the 5th richest man in Thailand, reportedly worth US$4.9 billion.
Why did the Leicester City helicopter crash?
The papers state: “As a direct and proximate result thereof, the accident aircraft entered an uncontrollable right yaw, contrary to the pilot’s left pedal command, and was caused to fly into the ground and violently crash.”
How much did Vichai buy Leicester for?
According to Forbes magazine his fortune grew to an estimated $4.9bn. Six years after he bought Leicester City for £39m , the club secured their place in English football history by winning the Premier League title, having started the season as 5,000-1 outsiders.
Who was Leicester's owner?
Leicester City Honor Former Owner Vichai Srivaddhanaprabha With Statue At King Power Stadium. Leicester City have unveiled a statue of the club’s former owner Vichai Srivaddhanaprabha at the King Power Stadium. He was one of four people killed in a helicopter crash at the stadium in October 2018.