Asset declaration shows Paetongtarn is Thailand’s richest-ever PM
Three of the five wealthiest PMs come from the Shinawatra family
Prime Minister Paetongtarn Shinawatra has assets worth nearly 14 billion baht, making her the richest PM in the history of Thailand, the National Anti-Corruption Commission (NACC) disclosed on Friday.
The NACC confirmed that Paetongtarn had submitted her statement of assets upon assuming the role of prime minister on September 6, 2024. According to the commission, her total assets were valued at 13.84 billion baht, while she had 4.4 billion baht liabilities.
Paetongtarn’s reported fortune surpassed that of her father, former PM Thaksin, a billionaire tycoon in the telecommunication businesses.
In 2001, Thaksin reported assets worth 9.84 billion baht to the NACC when he took office as PM.
When Thaksin became the prime minister for the second time in 2005, his assets rose to 12.57 billion baht. Of these, 506.49 million baht were of himself, 8.80 billion baht belonged to his then spouse Potjaman Damapong, and 3.26 billion baht were registered in Paetongtarn’s name, who was not yet of legal age at the time.
The last time Thaksin submitted his list of assets to NACC was in September 2007, at the one-year mark of his second term, when his combined assets fell to 8.48 billion baht.
Behind Paetongtarn and Thaksin, in third place as richest PM is General Prayut Chan-o-cha, with combined assets of 700 million baht.
Property tycoon Srettha Thavisin is fourth with 659 million baht, followed by Yingluck Shinawatra, Paetongtarn’s aunt and Thaksin’s younger sister, with 579 million baht.
