Portrait of Chuchat Patcharachai

Rank #3136

Chuchat Patcharachai

Net worth $1.0B

Motorcycle loans · Thailand

Born
Jun 24, 1953
Age
72
Source
Motorcycle loans
Residence
Bangkok
Citizenship
Thailand
Marital status
Married
Children
2
Education

Net worth over time

Biography

  • Chuchat Patcharachai, formerly Chuchat Petaumpai, gave up his bank job to start Muangthai Leasing with his wife Daonapa in 1992.
  • They grew the company into Thailand's biggest provider of loans against motorcycles with 7,000 branches and plan to increase to 9,000 branches by 2026.
  • The company's customers include farmers, factory workers and civil servants.
  • The couple took their company public in 2014 and changed its name to Muangthai Capital in 2018.
  • In August 2025, his son Parithad succeeded him as CEO.
  • Chuchat is an avid wine collector with more than 2,000 bottles in his private cellar.

Financial assets

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