- Category:
- Richest Business › Richest Billionaires
- Net Worth:
- $1.9 Billion
- Birthplace:
- Shandong, China
- Profession:
- Businessman
What is Chanchai Ruayrungruang's Net Worth?
Chanchai Ruayrungruang is a Chinese businessman who has a net worth of $1.9 billion. He made his personal fortune as the head of the privately-held Reignwood Group, which specializes in delivering luxury goods and services to more affluent representatives in society. In addition, the group owns Reignwood Centre and the Pine Valley golf course in Beijing. Nowadays, the group is a manufacturer of the Red Bull beverages in China, and sales agent for Bell Helicopter in China.
Last year, Reignwood International Leasing acquired a $10 billion credit line from the Chinese government-run China Development Bank to start a business that will lease ocean-engineering equipment. Furthermore, it invests in London's 10 Trinity Square, as well as continues to make investments overseas in real estate. What was started in 1974 as a company active in tourism, general trading and real estate development has gradually evolved into a multinational business that holds investments in health and wellness, green industries, mining, energy, aviation, financial services, consumer goods, modern services as well as real estate.
