Suriya Juangroongruangkit: Biography, Career, and Business Insights

Suriya Juangroongruangkit’s Profile Summary

Company	Thai Summit Group
Position	Suriya Juangroongruangkit serves in a key leadership role at Thai Summit Group, a leading automotive parts manufacturing company in Thailand, which is family-run.
Source of wealth	Suriya's wealth comes primarily from Thai Summit Group's automotive parts business, political leadership positions, and potentially other investments in Thailand's industrial sectors.
Also known as	Suriya Juangroongruangkit is also known for his political leadership, particularly as Deputy Prime Minister and Minister of Transport, and his contributions to industrial development in Thailand.
Age	70
Education	University of California, Berkeley – Bachelor of Science in Manufacturing Engineering
Citizenship	Thailand
Residence	Bangkok, Thailand
Family	Suriya Juangroongruangkit is married to Surisa Juangroongruangkit, and they have at least one child, Satanan Juangroongruangkit. His nephew, Thanathorn Juangroongruangkit, is also a well-known political figure in Thailand
Website, Social Media	https://www.thaisummit.co.th/

Suriya Juangroongruangkit’s biography

Suriya Juangroongruangkit was born on December 10, 1954, in Bangkok, Thailand, into a prominent Thai Chinese family. He studied Manufacturing Engineering at the University of California, Berkeley, and began his career working for various automotive companies. He rose to prominence within his family’s business, the Thai Summit Group, which is one of Thailand’s largest auto parts manufacturers. Suriya has also had a long career in Thai politics, holding multiple cabinet positions, including Minister of Transport and Minister of Industry. He has served as Deputy Prime Minister of Thailand and is currently the Minister of Transport as of 2023. Over the years, Suriya has been associated with multiple political parties, including Pheu Thai, Palang Pracharath, and Thai Rak Thai. His political career has been marked by efforts to strengthen Thailand’s transport infrastructure and its industrial base. Additionally, he is part of a politically active family; his nephew, Thanathorn Juangroongruangkit, is also well known in Thai politics.

How did Suriya Juangroongruangkit make money?

Suriya Juangroongruangkit makes money in the following areas:

Suriya's wealth comes primarily from Thai Summit Group's automotive parts business, political leadership positions, and potentially other investments in Thailand's industrial sectors.
What is Suriya Juangroongruangkit net worth?

As of 2025, there is no publicly available and reliable information regarding Suriya Juangroongruangkit’s net worth.

What is Suriya Juangroongruangkit also known as?

In addition to his business success at Thai Summit Group, Suriya Juangroongruangkit is widely recognized for his significant contributions to Thailand’s political landscape. He has held numerous high-ranking positions, including Deputy Prime Minister and Minister of Transport, where he played a key role in advancing the country’s transportation infrastructure. His influence extends to industrial development as he has been a strong advocate for modernizing Thailand’s industrial capabilities, particularly in the automotive sector. Beyond his business and political endeavors, Suriya is an influential figure in the Pheu Thai Party, and his leadership has shaped various policy initiatives aimed at strengthening the nation’s economy.

Prominent achievements of Suriya Juangroongruangkit

Suriya Juangroongruangkit has held numerous high-profile political positions, including Deputy Prime Minister and Minister of Transport. He has significantly influenced Thailand’s transportation infrastructure development, helped expand the automotive industry through Thai Summit Group, and maintained a prominent role in Thailand’s political landscape across different parties

What are Suriya Juangroongruangkit’s key insights?

Suriya’s business philosophy centers around innovation in the automotive industry and expansion of Thailand’s industrial capabilities. He strongly believes in the modernization of Thailand's infrastructure, particularly in transportation, and has been a key player in developing policies that enhance the country's competitiveness. His work reflects a belief in balancing political leadership with business growth, which he sees as essential for the country’s progress

Suriya Juangroongruangkit’s personal life

Suriya is part of a prominent family in both business and politics. His wife, Surisa Juangroongruangkit, has supported his career throughout their marriage. They have a son, Satanan Juangroongruangkit. Suriya’s nephew, Thanathorn Juangroongruangkit, is a prominent political figure and businessman, well-known for his leadership at Thai Summit Group and his involvement in founding the Future Forward Party

Useful insights

Fundamental principles of investing

As someone deeply immersed in the world of finance, I firmly believe that learning the fundamental principles of investing is the cornerstone of financial literacy. The books I recommend here have shaped modern investment strategies, offering timeless wisdom that can benefit both beginners and seasoned investors. These are not just texts, but essential tools to help you navigate the complexities of the financial markets with confidence and insight.

Benjamin Graham – "The Intelligent Investor"
- Summary:
  
  Written by one of the most influential investment thinkers, this book outlines the principles of value investing. Graham emphasizes the importance of analyzing a company’s intrinsic value, long-term investment strategies, and avoiding emotional decisions driven by market fluctuations. The book also discusses defensive investing, focusing on preservation of capital and minimizing risk.
- Why read it:
  
  This is a must-read for anyone looking to understand the core philosophy behind successful long-term investing. Graham’s principles influenced generations of investors, including Warren Buffett, making it an essential guide to navigating stock market risks with a focus on minimizing losses.
Ray Dalio – "Principles"
- Summary:
  
  Ray Dalio, founder of one of the world’s largest hedge funds, shares the life and work principles that led to his immense success. The book covers Dalio’s unique management and investment strategies, focusing on radical transparency, truth-seeking, and the importance of learning from mistakes. It also provides practical insights into organizational behavior and personal growth, making it valuable beyond just investing.
- Why read it:
  
  Dalio's "Principles" is a treasure trove of wisdom for investors and business leaders who wish to improve their decision-making. It’s a guide on how to align personal and professional life through well-defined, actionable rules.