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The Shinawatra family's ranking fell to 48th, from 47th last year.

Money & Banking magazine, in collaboration with the dean of Chulalongkorn University's Faculty of Commerce and Accountancy, this year reported its rankings of the richest Thais in the stock market.

Following an overview of stock millionaires as of September 30, there were 5,095 individuals holding equity of more than 0.5 per cent in each listed company. The combined value of the stocks was Bt397.9 billion, falling 16.44 per cent, or Bt78 billion, from last year.The millionaires' wealth this year eroded considerably as the Stock Exchange of Thailand (SET) Index fell 29.45 per cent year on year to 596.94 points as of September 30, due to the global economic crisis and local political turmoil.

Anant had combined stock holdings of Bt14.66 billion, consisting of a 23.98-per-cent stake in Land and Houses and 1.67 per cent in the Mandarin Hotel.

The property tycoon was first ranked the top stock millionaire in 1994. He regained that ranking in 2002 and held it in 2003. He has remained at the top since 2006.

Thongma Vijitpongpun, vice chairman and founder of Preuksa Real Estate, was ranked the second-richest millionaire for the third consecutive year. His total share holdings were valued at Bt9.56 billion, consisting entirely of his stake in Preuksa. However, his wealth dropped 61.85 per cent, or Bt1.55 billion, as the value of his stock dropped steeply.

Prasert Prasarttong-osoth moved up to No 3 this year, from No 4 last year, with shareholdings valued at Bt5.11 billion. He owns 13.55 per cent of BGH and 0.79 per cent of BTV.

Pravit Maleenont, chairman of BEC World, operator of TV Channel 3, this year climbed to No 4, from No 8 last year. His total holdings were valued at Bt4.86 billion.

This year, his wealth fell 8.19 per cent, or Bt433.96 million, from last year.

Niti Osathanugrah of Osotspa this year ranked as the fifth-richest millionaire, climbing from 10th last year, with total stocks valued at Bt4.37 billion. His stocks were down Bt901 million, or 17 per cent, from last year.

Phuangphan Bulpakdi, a stock investor, jumped to No 6, from No 148 last year. She holds majority stakes in Live Incorporation and Bliss-Tell worth Bt3.77 billion, up 530 per cent from last year.

At No 7 is Nijjaporn Joranachit, elder sister of Italian-Thai Development president Premchai Karnasuta. Her stocks had a combined value of Bt3.63 billion.

Entertainment tycoon Paiboon Damrongchaitham, the major shareholder in GMM Grammy, this year ranked No 8, up from 25th last year. He holds a 55-per-cent-stake in GMM Grammy, and his stock value increased 49.4 per cent this year to Bt3.53 billion.

Prachum Maleenont ranked No 9 this year, up from No 12 last year, with total stocks valued at Bt3.39 billion.

Among families, the Maleenonts were ranked the richest in the country, with family-owned stocks valued at Bt24.43 billion.

The Asavabhokin family was ranked No 2, with combined stock holdings that were valued at Bt17.68 billion.

At No 3 was the Vijitpongpun family, with Bt11.41 billion worth of stocks, followed by the Chirathivat family at No 4 with Bt10.92 billion and the Prasarttong-osoth family at No 5 with total stock holdings valued at Bt6.62 billion.

The Shinawatra family holdings had a combined value of Bt6.45 billion. They ranked 48th this year, down from No 47 last year.