Billionaire Sarath Ratanavadi’s Gulf Development Doubles Kasikornbank Stake
Forbes Business
by Phisanu Phromchanya, ContributorFebruary 16, 2026
The latest investment in Kasikornbank is part of the continuing diversification strategy at Gulf Development, an energy producer founded by billionaire Sarath Ratanavadi in 2007.
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Originally published on Forbes Business on 2/16/2026