Thai billionaire Dhanin Chearavanont went on an advertising splurge to join other fellow billionaires' call for an end to protests in Hong Kong.
Dhanin Chearavanont bought ads with three major local media companies – Ming Pao, Sing Tao and Oriental Daily – pleading for the restoration of order, rule of law and prosperity.
With an estimated net worth of nearly $38 billion, according to a recent Bloomberg wealth ranking, Dhanin is currently the senior chairman of Charoen Pokphand (CP) Group, global leader of animal feed and major telecom service provider in Thailand.
Dhanin fled southern China almost a century ago to reach Thailand and established CP Group as not only a leading local conglomerate but acted as a primary channel for Chinese investments into the region. One of Dhanin's biggest holdings is a stake in Hong Kong-listed Ping An, China’s largest insurer.
Chearavanont joins fellow billionaires like Wheelock’s Peter Woo and New World Development’s Henry Cheng to make public statements urging an end to the protests.