Thai PM declares millions in watches and bags among $400 mn assets / Photo: Manan VATSYAYANA - AFP/File
-
InterContinental Hotels Group PLC Announces Transaction in Own Shares - November 04
-
Galloway accuser could not foresee publishing-sector fallout, lawyer argues
-
No. 22 UCLA defeats No. 5 Arizona 84-75 despite Kharchenkov's 38 points
-
New York City Center revives In the Heights as a timely community story
-
Vessel operator seeks witnesses after Vancouver grounding
-
Godzilla Minus Zero shifts focus toward postwar human drama
-
US Air Force deploys F-16 fighters to remote Aleutian base for readiness drill
-
Mehbooba Mufti urges dialogue and renewed Central Asia links for Kashmir
-
Bezos grant helps Seattle nonprofit move thousands of families toward housing
-
Seacliff Healthcare Seeks Specialist GP in Thirroul
-
Shrini Srivastava joins crew of Varanasi-Delhi Vande Bharat Sleeper service
-
US stocks fall before midterm Election Day as technology shares weaken
-
Nearly Half of Australian Workers Overqualified, Survey Finds
-
BLS Polymers makes strong market debut at ₹248 per share
-
RBI eases export-declaration compliance for individual service exporters
-
Petrol and diesel prices remain broadly steady across major Indian cities
-
India proposes more import entry points for drugs and medical devices
-
Reliance shares remain in focus after near-12% surge
-
Derek Tierney Outlines Ten-Year Strategy for National Digital Health System
-
2026 Arizona Midterms: Key Races, Ballot Measures, and Voter Deadlines
-
NBC’s Steve Kornacki Reveals Tech Habits Ahead of Midterm Elections
-
Coal India prepares possible $1 billion Mahanadi Coalfields listing
-
India and Israel oppose UN draft on regional conventional arms control
-
Julia Stiles and Ezra Sosa Share Emotional Farewell After 'DWTS' Elimination
-
BLS Polymers shares open 65.3% above IPO price
-
US Buildings Threatened by Wildfires Could Triple by 2060
-
Capital-markets shares rally as Motilal Oswal and Angel One lead gains
-
Why Pregnancy Cost Estimates Fail: A Family’s $9,000 Surprise
-
Latino Voters Defy ICE Fears, Turn Out in Record Numbers for Midterms
-
US Strikes Iranian Targets in Strait of Hormuz Ahead of Midterms
-
ITC shares rise as analysts anticipate gradual cigarette-business recovery
-
Brodeur’s Overtime Goal Secures Bethlehem’s Second Consecutive Sectional Title
-
Reliance rally puts historical one-year return pattern in focus
-
Rare 1970 Plymouth ‘Cuda 426 Hemi Listed for $400,000
-
Kuwait edges Oman 1-0 in veterans Gulf Cup in Doha
-
The Digital Burden: Why Instant Messaging Feels Like a Full-Time Job
-
Saudi Aramco quarterly profit climbs 34.6% amid elevated oil prices
-
Alberta Tabled Controversial Riding Boundary Maps Amid Gerrymandering Accusations
-
Washington reports movement in Iran negotiations aimed at preventing escalation
-
Hong Kong court set to sentence activist Joshua Wong in security case
-
Korea’s Labor Share of GDP Hits Record Low Amid Semiconductor Boom
-
Australia raises benchmark rate to highest level in 18 years
-
littlefish and Halo Dot Partner to Replace Payment Terminals with SoftPOS
-
'The Remarried Empress' Cast Discusses Bringing Fantasy Royal Drama to Life
-
Kuwait inspectors destroy 115 kilograms of unverified meat in Farwaniya
-
Asian stocks retreat as AI worries outweigh steep oil-price drop
-
Egypt Accelerates Construction of 341km Sinai Railway Linking Arish and Taba
-
Hamad International Airport stages emergency drills during WATAN 2026
-
John Schneider Admits Owes Millions in 'Dukes of Hazzard' Divorce Battle
Thai PM declares millions in watches and bags among $400 mn assets
Thailand's Prime Minister Paetongtarn Shinawatra declared more than $400 million in assets on Friday, her party said, including more than 200 designer handbags worth over $2 million and at least 75 luxury watches, valued at almost $5 million.
The youngest daughter of telecom billionaire and ex-prime minister Thaksin Shinawatra, Paetongtarn took office in September as the fourth member of the clan to lead a Thai government in 20 years.
She was obliged to declare her assets and liabilities to the National Anti-Corruption Commission (NACC).
She identified 13.8 billion baht ($400 million) in assets, a document posted on media websites showed.
Her investments were worth 11 billion baht and she had another billion baht in deposits and cash, her declaration said.
Her other assets included 75 watches valued at 162 million baht and 39 more timepieces, plus 217 handbags worth 76 million baht, as well as property in London and Japan, among other holdings.
She also declared liabilities of nearly five billion baht, according to the NACC document posted by local media, giving her a net worth of 8.9 billion baht ($258 million).
A representative from the Pheu Thai Party confirmed to AFP that the figures reported by local media were accurate.
The prime minister's father and predecessor Thaksin -- who once owned Manchester City football club -- has a net worth of $2.1 billion, according to Forbes, making him the 10th richest person in Thailand.
Thaksin used the wealth generated by his Shin Corp telecommunications empire to propel him into politics, and his family has remained influential even during his years in exile following his ousting in a coup.
Ch.P.Lewis--AT
