Billionaire Prayudh Mahagitsiri Biography
Prayudh Mahagitsiri is a Thai billionaire and businessman known for his vast business conglomerate CP Group, which he inherited from his father. Through his leadership, CP Group has become one of Thailand’s most significant corporations, with a diverse portfolio of businesses ranging from agribusiness, telecommunications, and retail to real estate development, finance, and industrial products.
Early Life and Education
Born in 1947 to a prominent Thai Chinese family, Prayudh Mahagitsiri was the eldest son of Dhanin and Saisiri Mahagitsiri. He grew up in Bangkok and had a privileged upbringing, attending prestigious schools both in Thailand and abroad. Mahagitsiri earned a Bachelor’s degree in Mechanical Engineering from Chulalongkorn University before pursuing further studies in the United States, where he obtained a Master’s degree in Industrial Engineering from the University of Texas at Austin.
Career and Achievements
Mahagitsiri’s career began in the early 1970s when he joined his father’s company, Charoen Pokphand Group (CP Group), which was then a modest animal-feed enterprise. Over the next few decades, he played a pivotal role in transforming CP Group into a massive conglomerate with a presence in over 20 countries. Mahagitsiri’s management style emphasized diversification, innovation, and expansion through strategic partnerships and acquisitions. Under his leadership, CP Group expanded into new industries, such as telecommunications, retail, and e-commerce, and ventured into global markets.
Mahagitsiri has received numerous awards and recognition for his contributions to business and society. He was awarded the Most Admired CEO award by the World Chinese Economic Summit in 2010 and was inducted into the Entrepreneur Hall of Fame in 2013. Mahagitsiri is also actively involved in philanthropy, supporting various educational, healthcare, and environmental causes through the CP Group’s charitable foundation.
Prayudh Mahagitsiri is married and has two children. He is a devout Buddhist and actively practices meditation and mindfulness. In his free time, he enjoys reading, traveling, and playing golf.
|Companies||Charoen Pokphand Group|
|Net Worth||$7 billion|