BANGKOK – Thailand’s newly appointed Prime Minister, Paetongtarn Shinawatra, has publicly declared a personal fortune amounting to $400 million, highlighting her significant wealth in a recent financial disclosure.
Paetongtarn, the daughter of former Prime Minister and telecom magnate Thaksin Shinawatra, showcased her opulent lifestyle with an impressive collection of luxury items. Among her assets, she listed 217 designer handbags valued at approximately $2 million and 75 luxury watches, which together are worth about $5 million.
Her wealth extends beyond fashion, with significant property investments including estates in London and Japan, adding to her extensive portfolio.
While Paetongtarn’s fortune is noteworthy, it pales in comparison to that of her father, Thaksin Shinawatra, whose net worth is estimated at $2.1 billion. Despite the vast difference, Thaksin’s wealth could certainly cover a few more luxury items for his daughter should she ever need them.
This declaration not only sheds light on the financial standing of Thailand’s new leader but also stirs discussion about wealth distribution and governance in one of Southeast Asia’s key economies.
Key Points:
New PM’s Wealth: Thailand’s Prime Minister Paetongtarn Shinawatra declares a $400 million fortune.
- Luxury Assets: Her assets include 217 designer handbags ($2M) and 75 luxury watches ($5M).
- Real Estate: She owns properties in London and Japan.
- Family Wealth: Her father, Thaksin Shinawatra, has a net worth of $2.1 billion.
