Mr. Dhanin Chearavanont, a prominent Thai businessman and the Senior Chairman of CP Group, has had a profound impact on the agricultural and retail industries.
Dhanin Chearavanont, born on April 19, 1939, in Ratchaburi, Thailand, is the Senior Chairman of Charoen Pokphand Group (CP Group), Thailand’s largest private conglomerate and a global leader in agriculture and retail. With a rich history spanning decades, the Chearavanont family dynasty began in the 1920s when brothers Ekchor Saechia and Kimkee Chea sold seeds and fertilizers in Bangkok.
Dhanin Chearavanont, along with his three older brothers, took the family business to new heights. Their unwavering focus on product quality paved the way for CP to become a leading global producer of animal feed and a prominent player in the Chinese market when it opened up, solidifying CP’s position in the industry.
In the 1970s, Dhanin and his family shifted their focus to investing in research and technology for feed production. Today, CP Foods is the world’s largest manufacturer of animal feed and the third-largest producer of poultry and pork, with a vast network of farms, factories, and distribution centers in over 20 countries.
CP Group, under Dhanin’s leadership, diversified beyond agriculture into retail with the 7-Eleven chain (CP All), financial services and insurance with a significant stake in Ping An (China), telecommunications and cable TV through True Corporation, and real estate, chemicals, and automotive industries. With 14 main business branches across more than 21 economies, CP Group has become a formidable force.
According to the Bloomberg Billionaires Index, Dhanin and his family are worth an estimated $44.1 billion, ranking them 19th globally and second in Asia after India’s Ambani family. Forbes, meanwhile, values his personal fortune at $15.2 billion in the World’s Billionaires 2025 list.
CP Group’s consolidated annual revenue stands at an impressive $39.4 billion. The group’s success is a testament to Dhanin’s visionary leadership.
Passing the Torch
In 2017, after 48 years at the helm, Dhanin passed the chairmanship to his eldest son, Soopakij, and the CEO position to Suphachai, while retaining an advisory role. The third generation of the Chearavanont family is also making its mark, with Korawad Chearavanont founding Amity Corp, an AI enterprise chatbot startup that successfully raised $60 million in a funding round led by Insight Capital.
Dhanin Chearavanont’s legacy extends beyond business as he actively engages in philanthropy, notably with the “CPF Food from the Heart” and “Krua Pan Im” programs, providing millions of meals, masks, and medical equipment during the COVID-19 pandemic.
In 2020, Dhanin personally donated $21.8 million to COVID-19 relief efforts and initiated a project to cultivate 100 rai of Andrographis Paniculata, producing 30 million tablets to support treatment. These initiatives reflect his deep commitment to social responsibility.
Source: Consolidated
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