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  • Shrimp Expansion



    By Randy Thanthong-Knight and Anuchit Nguyen https://www.bloomberg.com/news/artic...-s-shrimp-farm
    March 4, 2020, 11:00 PM GMT+7

    • Charoen Pokphand Group arm scouting locations such as Florida
    • Trump administration aims to cut reliance on seafood imports
    Charoen Pokphand GroupCharoen Pokphand Foods Pclimported
    Shrimp Imports
    acquiredrichest families with wealth of about $38 billion.
    Last edited by harrymsmarkle; 03-05-2020, 06:37 AM.

  • #2
    I would think diversifying your investments away from Thailand is a very prescient move for a SinoThai oligarch family- and I have always though CP about the smartest. Their massive investment in Insurance companies in China, for example, has been paying handsomely.

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    • #3
      Originally posted by sabang View Post
      I would think diversifying your investments away from Thailand is a very prescient move for a SinoThai oligarch family- and I have always though CP about the smartest. Their massive investment in Insurance companies in China, for example, has been paying handsomely.
      ...so, make your money in Thailand, move it somewhere else...I wonder what they've done for their adopted home other than efficiently employ cheap labor, corrupt bureaucrats and use local streets as race courses. Maybe the old Thai saying about Thai-Chinese having black hearts has a grain (or a ton) of truth...

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      • #4
        Anyway, they are not the richest family in Thailand. Not even close. I would think Swiss/German hotel bills alone would bankrupt this lot.

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