Markets Magazine

Thailand’s Rural Boom Yields Mercedes and $6,000 Jacuzzis

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When Tos Chirathivat and his billionaire family make acquisitions for their Thailand-based retail, property and hotel empire, they often do it in style.

Seeking additional prime space in Bangkok’s congested downtown in 2006, Tos’s Central Group bought 1.4 hectares (3.5 acres) of the British ambassador’s front lawn, which it’s now transforming into a curvaceous luxury shopping mall in the shape of an infinity symbol, Bloomberg Markets magazine will report in its December issue.