BANGKOK : Ousted premier Thaksin Shinawatra, a former telecoms tycoon, has fallen from grace and is no longer counted among Thailand's billionaires since the military froze his assets following last year's coup, Forbes said Friday.

Thaksin, once Thailand's fourth richest business man with a fortune worth US$2.2 billion, is now thought to be worth around US$300 million, the US magazine said.

The self-made tycoon "fell from the billionaire perch after facing frozen assets, multi-million dollar fines and other court decisions against his family," Forbes said.

The military, which overthrew Thaksin in a coup in September 2006, froze at least US$1.52 billion of assets belonging to him and his family.

Since the coup, Thaksin has remained in exile and now lives in London with his wife, Pojaman.

On Tuesday, Thailand's Supreme Court agreed to hear corruption charges against the couple and authorities warned they could issue an arrest warrant if they do not return home.

Although Thaksin was no longer a billionaire, he still ranked the 14th richest man in Thailand, Forbes said.

Thaksin recently bought Manchester City football club for over US$160 million.

Forbes said Thailand's wealthiest business man is Chaleo Yoovidhya, who created the formula for the country's hugely popular energy drink called Red Bull.

His net worth was US$3.5 billion. - AFP/ch

sure,

i heard that he has to go back to flip burger @burger king again

his beautiful daughter has to quit school to sell flowers @intersections

his life is turn upside down since the coup

his life is a nightmare now

got paypal account?

donate please, helpthaksinbecomebillionaie@paypal.com

What ' sup man,. Me?

555

I lurve Thai humor!!!

anatta! where u beeeeeeeen? plz come visit SG chat... looooooong time no sooooooee... want some fun??? hahahahah

actually, I really want to chat to someone abt thai vipassana meditation, if that's one kind of fun you are into... ?

forgot to tell u, last April or May, i think i saw thaksin at harrods, not sure whether the man was thaksin but he looked exactly like him in tv. he look kinda relax n enjoy coffee or what ever at cafe there.

If every guys who dislike him donate 100 Baht. I think its more than enough to hire a team of hit man to assassinate him.


Are you a nun

Anatta. what a absolute title

Anatta = No title -

Hey, I just donated 4 billions is that enough?

Thailand is going backward to dictatorial democracy again. Southeast Asia is getting poorer and poorer economically and politically day by day. Sad but true.

Wow, helloworld, another wise man, come here to judge every body this bad, that bad.
I wonder he ever look at himself.
Maybe he come from the perfect world, but too bad that he is so fast in judging every body, putting dark sunglass in his own eye.