Billionaire Sarath Ratanavadi’s Gulf Development Doubles Kasikornbank Stake
- Posted on February 16, 2026
- By Forbes
- 5 Views
Billionaire Sarath Ratanavadi’s Gulf Development Doubles Kasikornbank Stake

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.