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Thai Prime Minister Reveals $400 Million in Assets, Including Luxury Items

Paetongtarn Shinawatra, Thailand's youngest prime minister, discloses her wealth as required by anti-corruption laws, highlighting her family's enduring political influence.

  • Paetongtarn Shinawatra, Thailand's prime minister since August 2024, declared assets worth $400 million to the National Anti-Corruption Commission (NACC).
  • Her wealth includes 217 designer handbags valued at over $2 million, 75 luxury watches worth nearly $5 million, and properties in London and Japan.
  • Shinawatra also reported liabilities of $141 million, resulting in a net worth of approximately $258 million.
  • She is the fourth member of the Shinawatra family to serve as Thailand's prime minister, following her father Thaksin Shinawatra, a billionaire and former leader ousted in a 2006 military coup.
  • The asset declaration underscores the significant role of wealth in Thai politics, with critics pointing to transparency concerns and the influence of elite families.
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