Suphachai Chearavanont: Biography, Career, and Business Insights

Suphachai Chearavanont’s Profile Summary

Company	True Corporation
Position	Chairman of True Corporation as of 2019, after having served as its CEO from 1999 to 2017. He also holds other executive roles within the Charoen Pokphand (CP) Group
Source of wealth	Telecommunications through True Corporation, executive roles at Charoen Pokphand Group, strategic investments and partnerships in digital infrastructure
Also known as	Suphachai Chearavanont is known for his work in corporate social responsibility, educational initiatives, and sustainability advocacy.
Age	58
Education	Boston University – Bachelor's degree in Business Administration, Assumption College – secondary education.
Citizenship	Thailand
Residence	Bangkok, Thailand
Family	Suphachai Chearavanont is married to Busadee Chearavanont, and they have three children: Korawad, Kamolwan, and Sander.
Website, Social Media	https://www.true.th/

Suphachai Chearavanont’s biography

Suphachai Chearavanont, born in 1967, is a prominent Thai business leader and a member of the influential Chearavanont family. He began his professional journey in the telecommunications sector and significantly shaped Thailand's telecom landscape through his leadership at True Corporation. From 1999 to 2017, he served as CEO of True, overseeing the company's expansion in mobile, broadband, and digital TV services. His initiatives, such as the establishment of Thailand’s first telecommunications infrastructure fund, were pivotal in modernizing the country’s telecom infrastructure. Suphachai also played a key role in forming strategic partnerships, including selling a stake in True to China Mobile, which helped alleviate corporate debt. Beyond telecommunications, he has held leadership positions across various sectors as part of CP Group, where he currently serves as CEO. He is widely recognized for his contributions to corporate social responsibility, particularly in education and sustainability initiatives. His work has earned him numerous accolades, such as the Asia Pacific Telecom CEO of the Year award in 2015. Suphachai’s leadership extends to various public and private committees in Thailand, influencing education reform and sustainable development policies

How did Suphachai Chearavanont make money?

Suphachai Chearavanont makes money in the following areas:

Telecommunications through True Corporation, executive roles at Charoen Pokphand Group, strategic investments and partnerships in digital infrastructure
What is Suphachai Chearavanont net worth?

As of 2025, Suphachai Chearavanont’s net worth is estimated to be $551M.

What is Suphachai Chearavanont also known as?

Suphachai Chearavanont has been highly active in corporate social responsibility (CSR) efforts. He founded the True Plookpanya initiative, which has brought educational resources to over 6,000 underprivileged schools in rural Thailand. Additionally, he has been a strong advocate for sustainability, leading CP Group's efforts to achieve carbon neutrality and zero waste by 2030. His influence also extends to public policy, where he has worked with the Thai government on education reform and chaired various sustainability-related committees. His leadership in these areas has garnered him recognition beyond his business achievements.

Prominent achievements of Suphachai Chearavanont

Suphachai has received numerous awards, including the Frost & Sullivan Asia Pacific Telecom CEO of the Year (2015), the Asia Brand Management Innovation Personality Award (2013), and the Gold Telly Award (2019) for his contributions to mass communication. He has also been recognized for his leadership in digital and social initiatives, such as his role as chairman of the United Nations Global Compact Network Thailand and his involvement in various sustainability projects.

What are Suphachai Chearavanont’s key insights?

Suphachai Chearavanont emphasizes long-term sustainability, innovation, and social responsibility. His business philosophy centers around using technology to drive transformation while ensuring that the company’s growth aligns with societal needs. He is a strong advocate for education, sustainability, and digital transformation. Additionally, he believes in balancing technological advancement with social welfare, as shown by CP Group's goal of becoming carbon neutral and zero waste by 2030. Suphachai stresses the importance of leadership in addressing societal challenges, especially through public-private partnerships.

Suphachai Chearavanont’s personal life

Suphachai Chearavanont comes from the prominent Chearavanont family, which is one of the wealthiest in Asia. His father is Dhanin Chearavanont, founder of the CP Group, and his mother is Khunying Tewee Chearavanont. He has two elder brothers, Soopakij and Narong, and two sisters, Varnnee and Tipaporn. Suphachai is married to Busadee Chearavanont, and they have three children, including Korawad, who is involved in technology ventures. The family is closely linked to CP Group's leadership and is influential in Thailand's business and philanthropic sectors.

Useful insights

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