Thai prime minister (PM) Paetongtarn Shinawatra has declared that she has more than S$551 million in assets, including 217 designer handbags and 75 luxury watches.
Source: @ingshin21 on Instagram
Paetongtarn Shinawatra was voted Prime Minister by the Thai Parliament last year following the surprise ousting of her predecessor, Srettha Thavisin.
According to The Guardian, declaring their assets to the National Anti-Corruption Commission (NACC) is a requirement for anyone who holds public office in Thailand.
Local media such as the Bangkok Post have since posted a detailed list of Paetongtarn Shinawatra’s assets.
This includes S$426 million in investments, encompassing properties in London and land in Japan. Additionally, she also listed 217 handbags worth over S$3 million, 23 vehicles worth S$2.7 million, 205 sets of earrings, and 67 necklaces.
Source: Bangkok Post
Most Thais will hardly be surprised by the 37-year-old PM’s wealth. Notably, her family is well-known to be one of the richest in Thailand.
Her father, and ex-PM Thaksin Shinawatra, became ultra-wealthy through his business dealings in telecommunications. He also once owned the football club Manchester City.
According to Forbes, he has a net worth of around S$2.9 billion, making him the eleventh richest person in Thailand.
According to a graphic published by ThaiPBS, Paetongtarn Shinawatra is listed as Thailand’s wealthiest prime minister to date. She tops a list that includes her father at number 2 and her aunt at number 5.
Source: ThaiPBS on Facebook
Her political predecessor, Srettha Thavisin, is fourth while Prayut Chan-o-cha, the former army chief turned politician, sits at number 3.
Also read: Paetongtarn ‘Ung Ing’ Shinawatra: 7 facts about Thailand’s new Prime Minister
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Featured image adapted from @ingshin21 on Instagram and @ingshin21 on Instagram.
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