What are the declared assets of the Thai Prime Minister?

Thai Prime Minister Paetongtarn Shinawatra announced her asset declaration on January 3rd, as required by the National Anti-Corruption Commission (NACC). AFP, citing documents published by the media, reported that Paetongtarn possesses assets worth 13.8 billion baht (approximately 10.195 trillion VND, or 400 million USD). Of this, 11 billion baht is from investments, and billions more are in savings and cash.

Thai Prime Minister Paetongtarn Shinawatra carried a Chanel bag to a conference in Vientiane, Laos, in October 2024.

The female prime minister owns 75 luxury watches worth 162 million baht and 39 other watches. In addition, she possesses 217 designer handbags worth 76 million baht, along with numerous properties in London (England) and Japan.

In addition, Ms. Paetongtarn declared that she owes nearly 5 billion baht, so her current net worth is 8.9 billion baht. A representative of the ruling Pheu Thai party confirmed that the above figures are accurate.

Ms. Paetongtarn is the daughter of former Prime Minister Thaksin Shinawatra. She took office in August 2024. Mr. Thaksin was a prominent businessman in the telecommunications industry before becoming prime minister. He previously acquired the English football club Manchester City and has a net worth of $2.1 billion, making him the 10th richest person in Thailand, according to Forbes .

After being overthrown in the 2006 coup, Thaksin lived in exile abroad but is believed to have maintained considerable influence. He returned to Thailand in 2023 and was imprisoned on numerous charges but was later pardoned.

His sister, Yingluck Shinawatra, also served as Prime Minister of Thailand and was overthrown in 2014. She lives in exile and has not returned to the country to this day.

Source: https://thanhnien.vn/tai-san-ke-khai-cua-thu-tuong-thai-lan-co-gi-185250103152429777.htm