Chanchai Ruayrungruang (born 1954), also known as Yan Bin, is a Chinese-Thai

billionaire A billionaire is a person with a net worth of at least one billion (1,000,000,000, i.e., a thousand million) units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. The American busi ...

businessman and CEO of the privately held

Reignwood Group Reignwood Group () is a Chinese investment company owning brands and companies in China, the rest of Asia, the UK and the US. It was founded in 1984 by Chanchai Ruayrungruang (aka Yan Bin), a Thai-Chinese businessman. Reignwood's businesses inclu ...

. Ruayrungruang was born in the

Chinese province The provincial level administrative divisions () are the highest-level administrative divisions of China. There are 34 such divisions claimed by the People's Republic of China, classified as 23 provinces (), five autonomous regions, four muni ...

Shandong Shandong ( , ; ; Chinese postal romanization, alternately romanized as Shantung) is a coastal Provinces of China, province of the China, People's Republic of China and is part of the East China region. Shandong has played a major role in His ...

. He emigrated to Thailand in the 1980s, where he founded the Reignwood Group before moving the company back to China in 1990. Ruayrungruang lives in

Beijing } Beijing ( ; ; ), Chinese postal romanization, alternatively romanized as Peking ( ), is the Capital city, capital of the China, People's Republic of China. It is the center of power and development of the country. Beijing is the world's Li ...

, China. In the mid 1990s, he acquired the rights to manufacture and distribute

Red Bull Red Bull is a brand of energy drinks of Austrian company Red Bull GmbH. With 38% market share, it is the most popular energy drink brand as of 2019. Since its launch in 1987, more than 100 billion cans of Red Bull have been sold worldwide, inclu ...

in China through a joint venture with members of the Yoovidhya family.

References

{{DEFAULTSORT:Ruayrungruang, Chanchai Living people Chinese billionaires

Chanchai Ruayrungruang Chanchai Ruayrungruang (born 1954), also known as Yan Bin, is a Chinese-Thai billionaire businessman and CEO of the privately held Reignwood Group. Ruayrungruang was born in the Chinese province of Shandong. He emigrated to Thailand in the 198 ...

1950s births Chinese chief executives