Sarath Ratanavadi
Bangkok, Thailand
Bachelor of Science in Engineering, Chulalongkorn University | Master of Science in Engineering, University of Southern California
Thailand
energy, Self Made
$6,500,000,000
436
#5 Thailand's 50 Richest 2019
#436 Billionaires 2019
Sarath Ratanavadi is the CEO of Gulf Energy Development, Thailand's third-largest energy producer. He took the company public in 2017 raising more than $700 million, in what was the country's biggest IPO in a decade.Shares of Gulf Energy Development, in which he has a 73% stake, have more than doubled since its IPO. In 2018, revenue was up 136% to $636 million as new power projects came online. Gulf Energy has a $483 million joint venture with the Oman Oil Company for a 326 megawatts power project in Oman's Duqm Special Economic Zone.
He went to college in Bangkok, then moved to the U.S. for a masters degree in engineering.Sarath is the former managing director of Thailand Golf Championship.
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