Vichai Srivaddhanaprabha

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Vichai Srivaddhanaprabha
Born (1958-06-05) 5 June 1958 (age 58)[1]
Thailand
Nationality Thai
Occupation Owner & chairman of King Power International Group
Chairman of Leicester City F.C.
Net worth US$4.3 billion (2017)[1]
Spouse(s) Married
Children 4
Website Kingpower

Vichai Srivaddhanaprabha (Thai: วิชัย ศรีวัฒนประภา; rtgsWichai Siwatthanaprapha[needs IPA]) born as Vichai Raksriaksorn (Thai: วิชัย รักศรีอักษร; rtgsWichai Raksi-akson), (born 5 June 1958) is a Thai billionaire businessman, founder, owner and chairman of King Power Duty Free.

Career[edit]

He is the founder and CEO of King Power Duty Free, an operator of duty-free shops.[2] In December 2009, King Power received the royal warrant from the King of Thailand in a ceremony attended by Raksriaksorn.[3] He is ranked by Forbes magazine as the 7th richest man in Thailand,[1] reportedly worth US$3.3 billion.

Srivaddhanaprabha purchased English football club Leicester City in August 2010 following a three-year shirt sponsorship deal.[4]

On 10 February 2011, he was named chairman of Leicester City while continuing as owner. His son, Aiyawatt Srivaddhanaprabha, is vice-chairman.[5] His Leicester City went on to win the 2015/2016 English Premier League title. Shortly before the 2016-2017 Premier League season Vichai gifted 19 BMW i8s to the players of Leicester City at £100,000 each.[6]

After a poor drop in form and Leicester sitting 17th in the Premier League, Thai tycoon controversially sacked manager Claudio Ranieri in February 2017.

Polo[edit]

In his spare time he is an avid polo player and owns the VR Polo Club in Bangkok. Vichai was also the president of Ham Polo Club in London between 2008 and 2012. Thailand Polo Association was founded by Srivaddhanaprabha in August 1998, and was given national status as the Thailand Polo association in January 2004.[citation needed]

References[edit]

  1. ^ a b c "Vichai Srivaddhanaprabha". Forbes. Retrieved 24 March 2017. 
  2. ^ Sandy Macaskill (12 August 2015). "Leicester announce takeover details". The Telegraph. 
  3. ^ Watcharapong Thongrung (3 December 2009). "King Power banks on stable politics". The Nation. Bangkok. 
  4. ^ Graham Hill (7 August 2010). "Foxes make the Vich list". The Sun. 
  5. ^ Vichai Raksriaksorn Named As Chairman, LCFC.com, 10 February 2011
  6. ^ http://www.leicestermercury.co.uk/leicester-city-players-get-gift-of-100-000-bmw-each-from-foxes-chairman/story-29589374-detail/story.html

External links[edit]

Media related to Vichai Raksriaksorn at Wikimedia Commons