Billionaire Sarath Ratanavadi’s Gulf Development Becomes Kasikornbank’s Third-Largest Shareholder
- Posted on May 20, 2025
- By Forbes
- 1 Views
Billionaire Sarath Ratanavadi’s Gulf Development Becomes Kasikornbank’s Third-Largest Shareholder
The investment is part of the continuing diversification strategy at Gulf Development, a power producer founded by billionaire Sarath Ratanavadi in 2007. Today, the company has stakes in telecommunications and digital infrastructure.
