Top 10 successful entrepreneurs, billionaires, retailers ✨

Top 10 successful entrepreneurs, billionaires, retailers ✨

Although most of the successful businessmen nowadays come through advanced technology or IT. But it cannot be denied that The retail tycoon was also named on the list of the richest billionaires.

What made them so rich? Do they have ideas on how to live or how to run a business? We have gathered information for everyone to read.

This information is from Forbes/billionaires as of 31/5/2021 (date of this article published) the billionaires rankings and their amount can go up and down at any time as stocks go up and down.

Therefore, the rank and number of assets will not always be the same. If readers want to know their rankings and their money in real time, you can check it out at The world's real time billionaires by forbes.

✨10 successful business people

global businessman

There are a lot of business people who opened retail stores and built a brand that have been successful until now. There are many rich people in the world. Each person has a different story. Let's go see how interesting each one is.

1. SAM WALTON (Sam Walton) - WALMART

Not to mention the first successful businessman in retail was Sam Walton, the father of retail in American history. He's the guy who built Walmart and made Walmart. Become the world's #1 largest retailer

Strengths : From children who work milking cows.. to the United States retail mogul

How it started : As a kid, Sam did all the work he could. Used to work milking cows into bottles to deliver to customers. In his spare time, another source of income was generated, which was the delivery of newspapers. Get table reservations in exchange for meals, and do many other tasks to raise money for families.

Turning point: Saved the money he earned and bought a retail franchise. Ben Franklin used his existing pricing strategy skills to triple the store in 3 years, then stormed the retail market and opened Walmart in Year 1962

How it's going :

- Walmart has 11,000 stores in 28 countries around the world.

- Ranked by Fortune magazine as the world's largest company for 7 consecutive years from 2013-2019

- Grandfather Sam's descendants are ranked among the richest people in the world by many of his 3 children.

Alice Walton is the 17th richest person in the world with $66.7 billion.

Jim Walton is the 18th richest person in the world with a net worth of $65 billion.

Rob Walton is the 19th richest person in the world with $64.2 billion.

There are also several of his grandchildren who rank among the richest people in the world and the richest in America. If all Walton's assets were put together They will become the richest people in the world ever.

2. AMANCIO ORTEGA (Amancio Ortega) - ZARA

Amancio Ortega is a Spanish businessman and owner of the successful Inditex Group of fast fashion clothing brand ZARA.

Strengths : From a child who is an employee of a small clothing store .. to the owner of the hottest clothing brand that is famous all over the world.

How it started : Amancio was born to a small village whose father was a train builder. having a mother as a housewife with family hardships So he left school to work at a small clothing store called Gala.

Turning point : When working at a clothing store So he learned the process of weaving. tailor notice the needs of the people in that area Gained experience in the clothing industry and through the economic crisis until 1975 was born a clothing store called.

How it's going :

- The Inditex Group has several brands, such as Pull and Bear, Massimo Dutti Kiddy's Class, with branches all over the world.

- The popularity of ZARA is that never advertise Do not hire brand ambassadors to promote Instead, choose the best store location and make the storefront attractive to attract customers.

- Amancio Ortega is 11th richest in the world with an estimated net worth of $88.5 billion. ZARA comes up.

3. PHIL KNIGHT (Phil Knight) - NIKE

Phil Knight is an American billionaire founder of the famous shoe brand Nike (Nike).

Highlights: from university runners and accountants.. Turned into a shoe business until becoming a well-known brand in the world market.

How it started : Phil Knight is the son of the publisher. But Phil's father doesn't want him to use his connections to work. In the summer of high school Phil goes to work for a rival publisher. where he works as a sports reporter when entering university He was a college runner and won the Varsity Letters title for several years together.

Turning point: Phil finds himself during his master's degree. that besides sports What else does he like? And he found that he was interested in business. So he acquired a stake with his college coach, Bill Bowerman, to import the Onitsuka Tiger and sell it to the US. (And while waiting for the shoe samples to be sent He also worked as an accountant for a living at the same time.)

He had been a distributor of Onitsuka Tiger shoes for a while, but a disagreement later terminated his contract. Phil began to invent and produce his own brand of shoes, known as Nike.

In 1983, Nike grew 3,000% in 10 years from using famous athletes as brand influencers.

How it's going :

- Nike has become a top shoe brand that is famous all over the world. There are presenters who are famous athletes from all walks of life, including football, tennis, basketball, and others.

- Phil Knight retired entirely from Nike in 2016 at the age of 80 to spend the rest of his life with his family. Still, Phil and his family are the 25th richest people in the world and 17th richest people in the United States. Has assets of about 51 billion US dollars.

4. KARL ALBRECHT AND THEO ALBRECHT - ALDI

Karl Albrecht (Karl Albrecht) and Theo Albrecht (Theo Albrecht) are two German business brothers who succeeded in opening Aldi, a retail store that includes both a convenience store and a grocery store. supermarket until becoming the richest family in Germany

Strengths : From a simple grocery store to a convenience store that expands all over the world in a big way. until the richest in Germany

How it started : After the end of World War II, Karl Albrecht and Theo Albrecht took over the grocery store after their mother.

Turning point : They turned from a simple grocery store into a cheap convenience store that the average person could buy economically. It worked so hard that by 1960 Aldi had expanded to 300 branches across Germany.

How it's going :

- Two brothers divided the shop into two sides. (because one person wants to sell cigarettes At present, if the two branches are combined, there will be more than 10,000 Aldi stores.

- Karl the Elder (who doesn't want to sell cigarettes) got Aldi Süd in the south to take care of them all.

- As for Theo, the younger person (who wants to sell cigarettes), has Aldi Nord in the north to take care of

- Even now, Karl and Theo have died. But their children took over.

- By Aldi Süd, Karl's son took over Brothers Beate Heister and Karl Albrecht Jr., who are number 1 in Germany and 34th richest in the world, have a total net worth of $41.5 billion.

Theo's son, Theo Albrecht Jr. took over Aldi Nord, making him and his family the 98th richest person in the world with a total fortune of about $20 billion. He is also on the list of the 5th richest people in Germany, never falling out of the Top 10.

5. ESTEE LAUDER (Este Lauder) - ESTEE LAUDER

Estée Lauder The legendary woman who created the Estée Lauder brand, she is a successful businesswoman. Until becoming the creator of a cosmetic brand that most women around the world are well known for.

Strengths : From selling creams at hair salons .. to world-class cosmetic brands

How it started : Este's parents were immigrants from Hungary. Living in a small apartment in New York, Estée Lauder was interested in beauty from a young age. The starting point was a Hungarian uncle who was a chemist came to her home. He has tried to produce the cream. She watched what her uncle did and became fascinated with the cream until it ignited her.

Turning point : Este takes the cream she made herself and sells it in the hair salon. She uses a method to talk about the properties of the cream to customers who come to sit and do hair after one person. with the sales skills that come with the quality of the cream Thus causing word of mouth that her cream was good until in 1946 Este and her husband Joseph Lauder opened a cosmetics company. by bringing old restaurants to renovate as a factory

How it's going :

Estée Lauder Companies Inc. has grown to become one of the world's top makeup brands, including La Mer, Bobbi Brown, MAC, and Tom Ford Beauty.

- Leonard Lauder, Este's eldest son The 64th richest person in the world has an estimated net worth of $26.1 billion.

- Leonard has been involved in business from his mother since childhood. He took over the company's affairs after Este for more than 30 years until in 1999 he retired as CEO, but he is now President Emeritus and is known throughout the company as “Chief Teaching. Officer"

Successful businessmen in Thailand

There are many successful businessmen in Thailand who are rich enough to rank in Thailand's 50 Richest by forbes *Information as of 31/5/2021.

6. Mr. Thanint Chearavanont - CP GROUP, 7-ELEVEN

Thanin Chearavanont, or what everyone calls Chao Sua Thanin The senior chairman of Charoen Pokphand Group (CP Group) is the most successful businessman. By holding the position of the number 1 billionaire in Thailand for many years

Pros: From the cashier.. To the number 1 billionaire in Thailand

How it started : Thanin's parents A Teochew Chinese immigrant to Thailand. They used their trade as their main livelihood and started their retail business from the beginning. famous for agriculture especially vegetable seeds and animal feed

After learning more about trading in Hong Kong until the age of 19, Mr. Thanin began working as a cashier at Charoen Pokphand.

Turning point : At the age of 22, he went to work at Animal Harmony. which is a business related to the purchase of animals, slaughter and butchering of meat He learned to work here for three years, then left to help the family company in general management and marketing. and has developed product quality including aggressive marketing until able to expand the business to invest abroad by setting up feed mills around the world such as Taiwan, Singapore, Hong Kong, Belgium, etc.

How it's going :

- Charoen Pokphand Group It is well known as one of the largest animal feed companies in the world. and has a variety of business groups in 13 groups together

- 7-Eleven (7-Eleven), a popular convenience store business That was bought the right to operate a retail business by CP All, expanding branches throughout Thailand and abroad, with 7-Eleven making a huge profit for CP, with 71,100 branches in more than 17 countries around the world. It aims to open 13,000 more branches by the end of 2021.

- The CP Group recently auctioned Tesco Lotus back to its own for $10.6 billion. (Read more about this at Hypermarket.)

- Currently, Dhanin Chearavanont is ranked 103rd richest person in the world with an estimated fortune of $16.8 billion. And still reigning as the richest person in Thailand, No. 1, together with the Chearavanon brothers They have total assets of about $27.3 billion.

7. Chirathivat Family - CENTRAL

Chirathivat family Thai businessman family of Chinese descent Owns Central Group that operates department stores, hotels, restaurants, real estate, print media, and many more. He is one of the richest billionaires in Thailand.

Strengths : From 1 grocery store to luxury department stores and many business groups covering both Thailand and abroad.

How it started : Mr. Tiang Sae Jeng, a Hainan Chinese immigrant who came to Thailand to trade. Starting from borrowing 300 baht from father-in-law to run a small business, opening a coffee shop and selling miscellaneous items by naming the shop "Keng Seng Lee"

Turning point : In 1947, Khun Samrit, the eldest son of Khun Tieng, proposed to open a bookstore called Central Trading. It is the first Central Department Store at Si Phraya. Starting from the sale of 1 shophouse. Later, various types of products were brought in for sale. to attract more customers, such as various appliances

until able to expand more stores and began to bring brand names to sell when expanding more branches Then the name was changed to just Central Department Store.

How it's going :

- Currently, the Chirathivat family has more than 9 business groups in hand, namely department stores, shopping centers and real estate, consumer goods, building materials and home furnishings, fashion marketing, hotels and resorts, stationery and books. and online, restaurants including Central Vietnam

- Chirathivat is a very large family, with more than 200 members in the family and has good management of assets and business with a conglomerate system. And there is a rule that the sale of shares to other people who are not family members is prohibited.

- Chirathivat family Has approximately 9.5 billion US dollars. The 4th richest person in Thailand and never dropped in the Top 5 Richest people in Thailand

8. Prajak Tangkaravakun and family - TOA

Prachak Tangkaravakoon, the head of the paint business that includes TOA, Captain, SuperShield, 4Seasons, was included in the list of Thai billionaires for the first time in 2018 after TOA traded. in the stock market in October 2017

Strengths : From a hardware store that sells door latch.. To the kingdom of house paint in Southeast Asia

How it started : In 1958, the business was pioneered for the first time in a single-storey tenement building. which sells hardware A brand that sells door latch. Later it was expanded to be a building material shop. before starting to produce wood paint for sale by itself The main leader is Prajak Tangkaravakun.

Turning point : It was a family-only business for about 50 years, but in 2017 brought the company to the stock market for the first time with wire and cable manufacturer Stark. The company, run by his son, Mr. Wanarat Tangkaravakun, has nearly doubled its asset growth by 82%.

How it's going :

- The Tangkarava family currently has businesses in hand, such as industrial paints and auto parts, chemicals, auto dealers, real estate, and wire and cable manufacturer Stark.

- TOA has production bases in Thailand, Vietnam, Lao PDR, Myanmar, Malaysia and Cambodia and is Thailand's largest paint manufacturer. and is expected to increase its market share in Southeast Asia

- Currently, Prajak Tangkaravakoon and his family are the seventh richest people in Thailand with a total wealth of approximately $3.1 billion.

9. Supachai Umpuch and family - THE MALL

Supachai Umpuch, the founder of The Mall, is a legend of starting a business from another center. And is always the innovator in new business that is not unique to anyone until now The Mall has become one of the malls that everyone uses regularly.

Strengths : From a child counting bottles of liquor in a brewery.. to the kingdom of the mall and many luxury department stores in Thailand

How it started : Mr. Supachai started working as a general contractor. until he was stationed at a liquor dealer by being a person counting the stock of liquor bottles Later, he moved to a clerk in another store. Prapai Sawat shop name

Turning point : When working in the liquor business all along Makes Supachai very good at this. As a result, the owner of the shop named Khun Prapai shared Lom shares with him, causing him in 1959 to have around 4-5 hundred thousand baht in savings.

So he started his own business. The first business was a tavern, followed by cinemas, nightclubs, massage parlors, which these businesses. It's all the business that Supachai has pioneered. (He is always the initiator and let others manage When people started to follow He often sells to go into new and unique businesses) until 2024 the first branch of The Mall was opened in Ratchadamri area, and there were subsequent branches, which his children have helped run the business until now.

How it's going :

- Currently, Khun Supalak Umpuch, daughter of Khun Supachai Is the head of the management of The Mall Group, where she has been an important force in running the business to help Supachai since the start of the Mall Ratchadamri project.

- Which has to give credit to Khun Supalak and Khun Supachai's children too which continues to manage this business until it can be expanded further

- In addition to the mall There are also many affiliated businesses such as The Emporium, EmQuartier, Siam Paragon and many others, which are luxury department stores that gather luxury brands from all over the world here.

- Mr. Supalak Umpuch and family ranked 20th among the richest people in Thailand with approximately $1.6 billion in assets

10. Osathanugrah Family - Osotspa

Osathanugrah family It is a family that Thai people should know each other well. Because it was the family that founded Osotspa, a consumer product company. Most of the featured products are medicines and energy drinks such as Yatum Jai, Lomboton, M-150, Peptine, C-Vitt, etc., and there are also items such as Babi Mild, Twelve. Free Plus

Strengths : From a small drugstore in Sampeng.. to the kingdom of Osotspa, whose products have been in the hearts of Thai people for more than a century.

How it started : The beginning took place in the year 1891 by Khun Pae Sae Lim. At first, Khun Pae opened a miscellaneous shop in Sampeng area named "Tek Heng Yu", but changed to selling various drugs. Because Khun Pae has brought a formula of traditional Chinese medicine called Krisana Refined, which has properties to relieve various stomach ailments, presented to His Majesty King Rama VI, making the drug popular. Therefore, the drug has been produced and sold continuously.

Turning point : After the year 1974, the business grew large from the production of products to be sold in many forms.

- Khun Surat Osathanukroh, the third generation heir, was the first leader of energy drinks to pioneer the Thai market. Lipo brand name causing the beverage market to expand

- Khun Rat Osathanukroh, heir of the 4th generation, marketed the M-150 energy drink until it became a popular brand until now, changed the Uthaithip brand to be U-tip, attracted an Olympic boxer as a presenter, etc.

- Year 2018, Khun Petch Osathanugrah, the heir of the 4th generation, decided to list the company on the Stock Exchange of Thailand.

How it's going :

- Currently, Osotspa has entered the stock market, becoming Osotspa Public Company Limited.

- Osotspa has registered 27 major trademarks of the company, producing a lot of products for sale to foreign markets. Including having many joint venture companies

- Year 2021, Khun Petch decides to sell shares and resigns as CEO.

- Osathanugrah family The 8th richest person in Thailand and has assets of about 3 billion US dollars.

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