Portrait of Nutchamai Thanombooncharoen

Rank #3218

Nutchamai Thanombooncharoen

Net worth $1.1B

Energy drinks · Thailand

Born
Jan 23, 1962
Age
64
Source
Energy drinks
Residence
Bangkok
Citizenship
Thailand
Marital status
Married
Children
2
Education
Bachelor of Arts/Economics, Silpakorn University; Master of Arts, Thammasat University

Net worth over time

Biography

  • Nutchamai Thanombooncharoen is cofounder and chairman of SET-listed Carabao Group, maker of energy drink Carabao Dang.
  • Nutchamai branched out from her family's financial services business to team up with Sathien Sathientham for a property venture before jointly setting up Carabao.
  • In 2002, they partnered with popular folk singer Aed Carabao for a foray into energy drinks.
  • Top international markets for Carabao include Cambodia, China, Myanmar, Vietnam and Afghanistan.
  • In 2023, she got into beer brewing through Tawandang Brewery in partnership with Sathien.
  • She also has a stake in Tawandang Distillery, which makes rice whisky.
  • In 2020, Carabao launched a new vitamin C-infused drink called Woody C+ Lock in orange and lemon flavors.

Financial assets

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