Portrait of Sathien Sathientham

Rank #1426

Sathien Sathientham

Net worth $3.0B

Energy drinks · Thailand

Born
Apr 20, 1954
Age
72
Source
Energy drinks
Residence
Bangkok
Citizenship
Thailand
Marital status
Married
Children
3
Education

Net worth over time

Biography

  • Sathien Sathientham, previously known as Sathien Setthasit, is vice chairman of Carabao Group, maker of Thailand's hugely popular Carabao Dang energy drink.
  • Sathien founded the company in 2002 with his folk singer pal Aed Carabao and took it public in 2014.
  • Sathien is getting into large scale beer brewing with a $115 million investment in a new brewery.
  • Younger son Romtham is managing director of listed Carabao and older son Veeratham is CEO of retail chain CJ Express.
  • Carabao has a subsidiary to make packaging materials and a joint venture with a Japanese partner to manufacture cans.
  • Carabao, which has close to a fourth of the Thai energy drink market, outsells Red Bull in Thailand.
  • Carabao is the title sponsor of the English Football League's Carabao Cup.
  • Daughter Tientham is managing director at TD Tawandang, which operates more than 5,000 convenience stores under the brand name Tookdee.

Financial assets

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