Somphote Ahunai

Founder, Chairman and CEO, Energy Absolute

 

Renewable energy firm Energy Absolute has made him one of the richest individuals in Thailand

Somphote Ahunai

Since founding renewable energy company Energy Absolute (EA) in 2006, Somphote Ahunai has become one of Thailand's wealthiest individuals, with a net worth of about US$4 billion at its peak in 2022 (since then, this has been adjusted to $2.1 billion at the end of 2023). Formerly a securities trader, he took the company public in 2013 and has since built EA into a conglomerate comprising more than 50 companies.

Under his leadership, EA is pioneering the production of Thai-made electric vehicles, and also operates the largest battery factory in ASEAN, marking a substantial contribution to the region's energy and automotive sectors. Mine Mobility and Absolute Assembly, two subsidiaries of EA, produce electric cars and electric buses, respectively. A third, Energy Mahanakorn, has built more than 2000 charging stations for electric cars in Thailand. BCPG, the energy-generation unit of the conglomerate, has built solar and wind farms across the country.