Thai PM Shinawatra has assets worth more than Rs 3 thousand crores, even Jayalalitha was no less.

How rich is Thailand’s Prime Minister Paetongtarn Shinawatra: Patongtarn Shinawatra became the Prime Minister of Thailand in August last year. She is the youngest daughter of billionaire politician Thaksin Shinawatra. Paitongtarn Shinawatra, 38, became the third member of her family to lead the country. She is the youngest person to hold this position, as well as the second woman to serve as the country’s leader. Not only this, he is also incredibly rich.

After becoming the Prime Minister of Thailand, Patongtarn Shinawatra has declared assets worth more than $400 million. That means he has assets worth Rs 3,430 crore. The Election Commission of Thailand made these details publicly available on Friday. She owns more than 200 designer handbags worth more than $2 million and at least 75 luxury watches worth approximately $5 million. Patongtarn’s collection of 23 luxury vehicles includes a Bentley worth 10.6 million baht and a Rolls-Royce Phantom worth 6.7 million baht. Paitongtarn Shinawatra became Prime Minister after her predecessor Sritha Thawisin was removed from office by the Supreme Court in an ethics case.

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Jayalalitha was no less than Shinawatra
If we talk about any Indian female politician in terms of wealth, then only the former Chief Minister of Tamil Nadu, late J Jayalalitha could compete. During her lifetime, actress-turned-politician Jayalalitha was in the news for her sarees, sandals and wine glasses. Jayalalitha died in 2016. At that time his total wealth was assessed. The Madras High Court had considered Jayalalithaa’s nephew and niece as the heirs of her movable and immovable property worth more than Rs 900 crore. But, what was the total wealth of Jayalalitha, it will probably always remain a mystery.

What was Jayalalithaa’s net worth will probably always remain a mystery.

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Even the claimants could not estimate the total value of the property
The claimants could not present evidence in the Madras High Court regarding the total assets of Jayalalitha, who was elected Chief Minister of Tamil Nadu six times. Jayalalitha’s nephew and niece J Deepak and J Deepa, considered legal heirs, claimed assets worth Rs 188 crore, while members of her political party AIADMK filed a claim to acquire Jayalalitha’s assets worth Rs 913.14 crore. During the hearing it was also said that the total value of this property could be more than one thousand crores.

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Mystery regarding Jayalalitha’s net worth
According to the TOI report, in fact the claims presented in the court were only for those properties which were related to Jayalalitha’s property during 1991 to 1996. How much his movable and immovable property increased in the subsequent 25 years is only a guess. Also know that after 1996, Jayalalitha had been CM thrice. It is difficult to appreciate the value of Kodanad Estate, Jayalalithaa’s favorite summer retreat. Allegedly 900 acres situated in Nilgiri district This estate spread over an area of ​​more than 100,000 acres was purchased by Jayalalithaa in 1992. Since then the area of ​​this tea estate has increased a lot. If we look at the market value, the price of land here is Rs 1 crore per acre.

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Shinawatra family is one of the richest families of the country.
The Shinawatra family is one of the richest families in Thailand. Thaksin increased his wealth during the technology boom of the 1980s and 1990s by founding companies specializing in mobile phone services, data networks and satellites. According to the Bangkok Post, Patongtarn and her husband have a combined net worth of 13.99 billion baht. In which the Prime Minister has 13.84 billion baht, her husband Pitka Suksawat has 141.11 million baht and her children have 500,000 baht. Pitka is a former commercial pilot and co-chief executive officer of Rende Development Company, Bloomberg reports. They reported income of 5.13 million baht last year, some of which was from cryptocurrency trading. He contributes to the Shinawatra family’s vast business empire through real estate, hospitality and telecom businesses.

Paitongtarn Shinawatra, 38, became the third member of her family to lead the country.

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This much is the liability of Thai PM
According to National Anti-Corruption Commission (NACC) documents, Thailand’s Prime Minister has declared liabilities of nearly five billion baht, despite her immense wealth. As a result, his net worth increased to 8.9 billion baht ($258 million). According to Forbes, his father, former Prime Minister Thaksin, is the 10th richest person in Thailand. Thaksin, who once owned Manchester City Football Club, has a net worth of $2.1 billion.

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Third member of the family to become PM
Patongtarn is the third member of the Shinawatra family to become prime minister, after her billionaire father Thaksin Shinawatra and her aunt Yingluck Shinawatra. Both were removed from office in a coup and forced into exile. However, Thaksin returned to Thailand last year after Pheu Thai formed the government. Paitongtarn took office just days after the court removed Prime Minister Shreshtha Thavisin from office. He remained in power for less than a year. Paitongtarn entered politics in 2011.

Tags: High net worth individuals, International news, J Jayalalithaa