Rank #3258
Prayudh Mahagitsiri
Net worth $1.1B
Coffee, shipping · Thailand
- Born
- Jan 01, 1946
- Age
- 80
- Source
- Coffee, shipping
- Residence
- Bangkok
- Citizenship
- Thailand
- Marital status
- Married
- Children
- 3
- Education
Net worth over time
Biography
- Thai coffee magnate Prayudh Mahagitsiri's Quality Coffee Products was a long-standing joint venture with Nestle, which was terminated n December 2024.
- In a case filed by Prayudh, a Thai civil court ordered Nestlé in April 2025 to suspend production, distribution and import of Nescafé instant coffee in Thailand. The order was reversed by a ruling of a specialized court.
- Prayudh also has interests in steel, copper, shipping, offshore drilling and property development.
- His son Chalermchai, a Boston University grad, is CEO of holding outfit PM Group.
- His daughter Ausana is the chief operating officer of the PM Group and founder of Coffee Gallery, a chain of cafes.
- Prayudh's grandfather emigrated from southern China to Thailand, where he began trading foodstuffs and later imported Japanese-made tuk-tuks.
- Prayudh sells and markets P80, a food supplement that's made from the Longan fruit.
- The Mahagitsiri family has various franchises in Thailand including Pizza Hut, Taco Bell and Krispy Kreme.
- In May 2025 he was given a 24-year sentence by a Thai court in an alleged land-grabbing case. He said he will file an appeal .
Financial assets
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