title: Vanich Chaiyawan
text: # Vanich Chaiyawan
  
  Vanich Chaiyawan (Chinese: 侯業順; pinyin: Hóu Yèshùn; born 1931) is a Thai billionaire businessman, chairman of Thai Life Insurance, the second-largest life insurer in Thailand.
  
  ## Early life
  
  Vanich Chaiyawan was born in 1931. He comes from a Thai Chinese family.
  
  ## Career
  
  Chaiyawan owns about 60% of Thai Life, which is now run by his son Chai Chaiyawan as president. He also owns Thai Asia Pacific Brewery and Thai Credit Retail Bank.
  
  ## Personal life
  
  He is married with eight children and lives in Bangkok.
  
  