Chachchon Ratanarak is Chairman of Tonson Group and the only child of Krit Ratanarak

Krit Ratanarak

Krit Ratanarak is the Chairman of Bangkok Broadcasting & Television Company and head of one of Thailand’s leading family business groups...

 who as Chairman of Bangkok Broadcasting and Television Company Channel 7 (Thailand) (BBTV) leads one of Thailand’s largest family business groups. Chachchon is also known as Ton or Tone.

The Ratanarak family have substantial holdings in a number of Thai-based companies including Bank of Ayudhya, Siam City Cement, Ayudhya Allianz CP, Ayudhya Insurance, Matching Studio, Grand Canal Land and Eastern Star Real Estate as well as holding a majority stake in BBTV. In 2011 Ratanarak group companies had a combined market value of over US$12bn.

Chachchon graduated from London University in 1996. Described by a senior Goldman Sachs

Goldman Sachs

The Goldman Sachs Group, Inc. is an American multinational bulge bracket investment banking and securities firm that engages in global investment banking, securities, investment management, and other financial services primarily with institutional clients...

 veteran as 'a natural entrepreneur', after leaving university Chachchon was asked to join Goldman Sachs but chose instead to work for his father.

Chachchon founded fund management business Primavest in 2001 which at its height in 2007 had US$900 million in assets under management

Assets under management

Assets under management is a financial term used denote the market value of funds being managed by a financial instutition on behalf of its clients, investors, depositors, etc. This metric is a sign of size and success against competition...

. Primavest was sold to Bank of Ayudhya Funds in 2009. Chachchon founded Tonson Group in 2006 and Tonson Property in 2007 which are the family’s investment arm and property development businesses.

Chachchon has been a director of Siam City Cement since 2007.

Born in 1972, he was educated in Thailand

Thailand

Thailand , officially the Kingdom of Thailand , formerly known as Siam , is a country located at the centre of the Indochina peninsula and Southeast Asia. It is bordered to the north by Burma and Laos, to the east by Laos and Cambodia, to the south by the Gulf of Thailand and Malaysia, and to the...

 and in England

England

England is a country that is part of the United Kingdom. It shares land borders with Scotland to the north and Wales to the west; the Irish Sea is to the north west, the Celtic Sea to the south west, with the North Sea to the east and the English Channel to the south separating it from continental...

 from the age of 10 and he has a degree in Economics

Economics

Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...

 from London University. According to Forbes, the Ratanarak family’s holdings in the group businesses in 2011 were worth US$2.5 billion. The family is also one of Thailand

Thailand

Thailand , officially the Kingdom of Thailand , formerly known as Siam , is a country located at the centre of the Indochina peninsula and Southeast Asia. It is bordered to the north by Burma and Laos, to the east by Laos and Cambodia, to the south by the Gulf of Thailand and Malaysia, and to the...

’s major land owners.

Ratanarak group businesses

Ayudhya Allianz CP

Ayudhya Insurance

Bangkok Broadcasting and Television

Bank of Ayudhya

Matching Maximise Solution

Grand Canal Land

Eastern Star Real Estate

Tonson Group

Siam City Cement