chearavanont family net worth

Chia Ek Chor's son,Dhanin Chearavanont,was born in Bangkok in 1939. The family is noted for its success in business, making them one of the richest ethnic Chinese families in the world. Today, the CP group is expanding in Russia, the Philippines, and Indonesia. The family is noted for its success in business, making them one of the richest ethnic Chinese families in the world. Korawad's income mostly comes from and basic source is being a successful Unknown Activist. Dhanin is known as a Thai businessman based in Bangkok, the owner of dhanin chearavanont family tree Uncategorized September 20, 2021 The brothers -- all of whom spell their last names differently -- each have a net worth of more than $2 billion, according to the Bloomberg Billionaires Index. Dhanin Chearavanont's Charoen Pokphand group began as a Bangkok seed shop set up in 1921 by Chearavanont's father. A tech startup launched by an heir to the Chearavanont familys business empire has secured funding from the venture capital arm of Sinar Mas Group, one of Indonesia's largest conglomerates, which is controlled by the Widjaja family. SINGAPORE (November 10, 2016) Indian families stood out on the 2016 Forbes list of Asias Richest Families, with 17 out of the top 50 families hailing from India. He is the senior chairman of CP Group, Thailand's largest private company. The collective net worth of Thailand's 50 richest is US$123.5 billion, up 16% since 2016. As of January 2021, his net worth was estimated at $17.2 billion. He obtained a Bachelor of Science degree in Business Administration from New York University, USA, a Certificate of Advance Management Program in Transforming Proven Leaders . 4 on Thailands 50 Richest, as his Gulf Energy expands plans to include digital infrastructure. The Chearavanont Family The Chearavanont family is a Sino-Thai business family based in Bangkok, Thailand with ancestral roots in Shantou, China. Celebrity Net Worth estimates his annual salary to be in the neighborhood of $80 million, with most of his money coming from music and related merchandise sales. He spent a year studying Chinese in Taiwan when he was eight. 2022 Forbes Media LLC. His business grew rapidly in China and diversified into retail, real estate, and cars. Bio: The Chearavanont family is a Thai business family based in Bangkok, Thailand with ancestral roots in Shantou, China. Narong Chearavanont Net Worth Narong Chearavanont biography. Popularly known as the Businessperson of Thailand. Born: October 15, 1938 in Bangkok, Thailand Thanks to soaring sales of smart devices, Sura Khanittaweekul makes his debut on this years list with a $670 million fortune. Forbes Asia released their latest list of the richest families in Asia for 2016 : the first spot still belongs to Lee's family (Samsung), but two Thai families, Chearavanont and Chirathivat, now rank 2nd and 14th. In 2016, he succeeded his father as CEO of the CP Group. 2022 Bangkok Post Public Company Limited, Chearavanont family keeps crown as rich Thais get richer. Thank you for subscribing our enewsletter. After enjoying a surge in their wealth a year ago, Thailands richest hit a speed bump in 2019, where half of the nations richest saw their fortunes decline, including each of the top four. The Chearavanont family, Thailand: $26.5 billion (22.9bn) The Charoen Pokphand Group . Real estate giant Great Eagle's founder clan endures infighting over control of family wealth. Biography Timeline 2017 The Chearavanont family (Thai: ) is a Sino-Thai business family based in Bangkok, Thailand with ancestral roots in Shantou, China. The less visible side of Law family wealth is cut from a different cloth: its Crystal International apparel manufacturing arm stitches garments for a host of famous labels: Uniqlo, H&M, Victoria's Secret, Abercrombie & Fitch, Marks & Spencer, Puma, North Face, Levi's, Gap and Under Armour. Second on the wealth list is TCC Group chairman Charoen Sirivadhanabhakdi, who grew richer by $1.7 billion, making his net worth $15.4 billion. Dhanin is head of the Chearavanont family which was ranked fourth-wealthiest family in Asia in 2017. SINGAPORE (May 31, 2017) More than two thirds of the tycoons on the Forbes Thailand Rich List 2017 saw their wealth increase, with the top five notching up the biggest dollar gains. The heirs to some of Asias richest business dynasties are coming out of the shadows of their parents. Thailands wealthiest saw their fortunes plummet amid coronavirus woes. [2] The family is currently headed by Dhanin Chearavanont. TV Show Host. Dhanin's father, Ekchor Saechia, and uncle, Seowhui Saechia, left China for Bangkok in the 1920s to begin . Instagram Star. The rebuilt company was more stable and when the avian flu hit in 2004 and threatened the poultry segment of its business, the CP Group was strong enough to survive it. By July 2021 Forbes stated Dhanin Chearavanont and his brothers worth to be US$12.8 Billion; and in July 2022, Forbes ranked . Jaran Chiaravanont will celebrate 84th birthday on a Wednesday 19th of April 2023. Despite this, the brothers built a seed trading business that grew into one of the largest conglomerates in Southeast Asia. The group donated $29 million to various initiatives to tackle the Covid-19 pandemic in Thailand. Dhanin Chearavanont, the youngest (pictured), was CP's chairman and CEO for 48 years until he stepped down in 2017 but remains senior chairman. Worldscope reports financial and ownership data for 4,413 of those publicly traded firms. Ek Chor sent his son to China and Hong Kong for his schooling. So, how much is Suphachai Chearavanont worth at the age of 54 years old? Rising consumer prices are a new headache for the Thai government as Southeast Asias second-largest economy recovers from a Covid-19 slump. Dhanin Chearavanont was born on April 19, 1939 in Bangkok, Thailand, Thailand. Members of the next generation are making a name for themselves by either venturing out on their own, helming the family businesses or are being groomed for succession. #4 Chearavanont family. 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The Chearavanont family . Then, in 1997, the Asian financial crisis hit. All Rights Reserved. Dahmer was two things for Netflix: A series that sparked enormous pushback about how the story of the serial killer and his victims was handled. His strength was in making connections that were important to growing the business. World Music Singer. He nurtured the connections that drove the trading side of the CP Group and also put modern management and technology into place. While many businesses were hesitant to expand into China, Chearavanont was educated there so he was primed and ready to expand. In June, he spoke at an online United Nations seminar on corporate sustainability during the pandemic. Check out Korawad Chearavanont's net worth in US Dollar Sep, 2022. The list - headed by the Chearavanont family with a net worth of US$29.5 billion is presented annually, with rankings based on net worth. Dhanin Chearavanont. . However, Chearavanont did not panic, rather he took a look at where he had made mistakes and sold off all assets that were not central to the CP Group's business. In just the time from 1992 to 1995, the company's revenue doubled to $6.5 billion (equal to $12 billion today, adjusted for inflation). A family construction business that has spanned over three generations, Sun Hung Kai Properties was established by Kwok Tak-seng back in 1972. As Thailand's GDP stirs, the holdings of the nation's very wealthiest get another big boost. While most of the tycoons who top Forbes' "Thailand's 50 Richest List" have long histories in the country, some are self-made. And one of its most viewed series ever, up there with the likes of the last season of Stranger Things. He is the Senior Chairman of CP Group, Thailand's largest private company. On the second position, the Chirathivat family (Central Group) posted a net worth of $21 billion (668.2 billion baht), compared with $21.2 billion (674.5 billion baht) last year. The Chearavanont empire got started in 1921 when Chia Ek Chor fled his typhoon ravaged village in China for Thailand with a few seeds to grow cabbage, radishes, turnips, and cauliflower. He was previously an executive director of the Company from 2005 to 2010. Their combined $31.7 billion net worth is derived from the Charoen Pokphand Group, a conglomerate with food, retail, and telecom units. 1949 We have estimated Suphachai Chearavanont's net worth, money, salary, income, and assets. Categories. Family Member. 2022 Forbes Media LLC. As of Forbes 2013 List of World Billionaires, Dhanin Chearavanont is placed 58th with a net worth of $14. The family bought the business from the Thai government after winning the auction with a whopping $3-billion bid. What King had the most wives? Mr Vichai replaces Vanich Chaiyawan, a founder of Thai Life Insurance Co, whose rank dropped to No.7 as his net worth dipped by $200 million to $3.8 billion. All Rights Reserved. 1 Jun 2017 at 04:00, updated: This is the first time the 70-year-old company recruited outsiders to help manage group business, which has a combined sales revenue estimated at 320 billion baht. Chearavanont worked at the slaughterhouse for five years and then joined the family business. Dhanin is head of the Chearavanont family, which was ranked by Forbes Asia in 2017 as Asia's fourth-wealthiest family with a net worth of US$36.6 billion. Much of this stems from land and real estate . The stock market rose by 12% in the past 12 months. Chearavanont family keeps crown as rich Thais get richer published : 1 Jun 2017 at 04:00 . 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Narong Chearavanont serves as Executive Director of the Company. The Chearavanont family (Thai: ) is a Sino-Thai business family based in Bangkok, Thailand with ancestral roots in Shantou, China. Coming in third is the Chirathivat family, which operates retail businesses under the Central Department Store brand, as well as hotels and property, with $15.3 billion, up $2.3 billion. Starting in the mid-2000s, the CP Group has opened thousands of 7-Eleven stores in Thailand and Southeast Asia. Dhanin Chearavanont Net Worth $14.4 Billion Dhanin Chearavanont's father, Chia Ek Chor, and uncle, Chia Seow Hui, migrated to Bangkok in the 1920s, and began selling seeds and agricultural chemicals. The Chearavanont family is estimated to have $28 billion of net worth from all of the business they run. Transformed it into one of the world's largest suppliers of animal feed. Chearavanont is 81 years old. After college, he interned at a petrochemical factory in Houston. Why is King of Thailand so rich? TV Actor. At the time, those vegetables were very hard to find in Thailand. Upcoming Birthday Currently, Jaran Chiaravanont is 83 years, 5 months and 28 days old. According to the Forbeslist of Thailand's 50 Richest in 2017, more than two-thirds of the tycoons saw their wealth increase, with the top five notching the biggest dollar gains. As of January 2021, his net worth was estimated at $17.2 billion. Korawad Chearavanont Net Worth his net worth has been growing significantly in 2021-2022. As of 2013, he is considered as the wealthiest man in Malaysia as well as in the whole of Southeast Asia. Here we are updating just estimated networth of Korawad Chearavanont salary, income and assets. Net Worth: $ 4.79 Billion 09. Henry VIII Henry VIII is best known for his six wives, and several mistresses he kept on the side. Suphachai has also proven to be a thoroughly modern CEO, he pledged to have the entire CP Group carbon neutral and zero waste by 2030. 2. Economic malaise spurs shopping moguls to go on a buying spree. Chearavanont was approached by Honda, Wal-Mart, and Tesco to bring those brands into China. Dhanin's father, Ekchor Saechia, and uncle, Seowhui Saechia, left China for Bangkok in the 1920s to begin selling seeds and agricultural chemicals. Korawad Chearavanont salary income and net worth data provided by People Ai provides an estimation for any internet celebrity's real salary income and net worth like Korawad Chearavanont based on real numbers. Movie Actress. Chearavanont co . Montri Jiaravanont will celebrate 84th birthday on a Wednesday 19th of April 2023. They started selling seeds and agricultural chemicals. The contract governing the Thai-Chinese high-speed railway construction may need to be renegotiated, as construction of the project's first phase between Bangkok and Nakhon Ratchasima is now falling behind schedule, a source at the Transport Ministry said. Related by financial asset: Sino Biopharmaceutical, Related by financial asset: Charoen Pokphand Foods. [2], The family is currently headed by Dhanin Chearavanont. The Lee Kum Kee brand boasts a lineup of more than 200 different sauces -- soy, shrimp, chili, Japanese, panda, you name it. Since . Like his father, he weathered some difficult times by restructuring company debt. The nations 50 richest on the 2020 Forbes Thailand Rich List saw $28 billion erased from their combined wealth. That's right, the CP Group is the owner of the largest group of 7-Elevens in Thailand. Contemporary rankings The Chearavanont Family ($37.9 billion) The family is behind Charoen Pokphand Group, which is the world's largest producer of animal feed and livestock. He is the richest person in Thailand. The collective wealth of Asias 50 richest families on the list are worth a record $699 billion, up 35% from last year. The rich list was compiled using shareholding and financial information obtained from the families and individuals, stock exchanges and analysts, the Stock Exchange of Thailand and regulatory agencies. He has has two sons and three daughters. CP's other interests include telecommunications . More amazing stories from Alux SINGAPORE (June 2, 2016) The Chearavanont brothers Dhanin, Sumet, Montri and Jaran, who control agribusiness conglomerate Charoen Pokphand Group (CP Group), take the top spot on the 2016 Forbes Thailand Rich List with a combined net worth of US$18.5 billion. Submit a correction suggestion and help us fix it! Net worth: USD 36.6 Billion Source: Charoen Pokphand (CP) Group Citizenship: Thailand. While the basic premise of 'Behind Every Star' does not deviate far from the original, some of the mirrored situations are resolved in different ways. You will get the updates within 24 hours. In the 1980s, as China opened up to foreign firms, the Charoen Pokphand Group became the preferred partner for international brands such as Honda, Walmart, and Tesco. After enjoying a surge in their wealth a year ago, Thailands richest hit a speed bump in 2019 as half of the top 50 saw their fortunes decline, including each of the top four. So, how much is Korawad Chearavanont networth at the age of years old? published : The . Their combined $31.7 billion net worth is derived from the Charoen Pokphand Group, a conglomerate. Collectively, the top 50 families are worth []. He established the True Plookpayna initiative for the company, which was designed to improve education for underprivileged children in 6000 schools in rural Thailand. This year the net-worth cutoff to make the list was $3.4 billion-$500 million more than last year. Suphachai Chearavanont is 52, he's been the Executive Vice Chairman of the Board of CP Pokphand Co since 2012. Dhanin Chearavanont, whose net worth is $4.95 billion, serves as the senior chairman of the group, with his two sons, Soopakij and Suphachai, serving as the chairman and CEO, respectively.. Net Worth: 2.4 Country Of Citizenship: Thailand Residence: Bangkok, Thailand, Asia & Australia Industry: Agriculture Marital Status: married, 5 children Youngest of four brothers, Dhanin was just 25 when he took over the family's small seed shop. a broadband giant. With an estimated net worth of $30.2 billion, Chearavanont brothers of Charoen Pokphand Group are the wealthiest in Thailand, that's according to CEOWORLD magazine's Thailand Rich List Index For 2021. The collective net worth of Thailands 50 richest is US$123.5 billion, up 16% since 2016. YouTube Star. The collective net worth of Thailand's 50 richest is US$123.5 billion, up 16% since 2016. Chearavanont relied on philosophies he learned growing up from his dad and his education in China and refocused his business. He is known as the richest man in Malaysia as well as in the entire of Southeast Asia. The family owns the conglomerate CP Group, and was ranked by Forbes Asia in 2017 as Asia's fourth-wealthiest family with a net worth of US$36.6 billion. They are worth $123.5 billion, up 16% since 2016, outperforming the stock market's 12% rise in the past 12 months. Suphachai Chearavanont Net Worth & Basic source of earning is being a successful Thai Businessperson. His widow Jan Moran serves as chairman of the Jim Moran Foundation. Essentially, he went into survival mode. With such particularly higher barrier this year, some families came up short. When he returned to Thailand, Ek Chor sent his son to work for a slaughterhouse controlled by the government. The family is noted for its success in business, making them one of the richest ethnic Chinese families in the world. He was raised in Thailand in fact, even though the family roots are in China, the Chearavanont family considers themselves to be Thai through and through. After his death in 2002, his sons took over . Age Pui Wong Mr Chang Suphachai Ch Mr Chearavan Narong Chear The family owns the conglomerate CP Group, and was ranked by Forbes Asia in 2017 as Asia's fourth-wealthiest family with a net worth of US$36.6 billion. While he was in survival mode, the company moved into the telecom business in Thailand, giving him more competition. Identities Podcasts . Dancer. Today, we're taking a look at the third-richest family in Asia: the Chearavanont family. Wealth: $31.7 Billion (23,42,93,11,50,000 approximately) Chia Ek Chor and his brother Chia Seow Hui left China for Thailand with the few seeds in hand in 1920. The family owns the conglomerate CP Group, and was ranked by Forbes Asia in 2017 as Asia's fourth-wealthiest family with a net worth of US$36.6 billion. Dhanin Chearavanont Net Worth. There are 23 older and 2 younger executives at CP Pokphand Co. Suphachai, like his father, was schooled in China. The family owns the conglomerate CP Group, and was ranked by Forbes Asia in 2017 as Asia's fourth-wealthiest family with a net worth of US$36.6 billion. Chearavanont was a follower of Feng Shui and he chose to promote employees who deserved it, rather than following the nepotism that the company previously used. Central Group, under chief executive Tos Chirathivat, restructured its management board late last year by bringing in a number of key professionals, including former central bank governor Prasarn Trairatvorakul, to run the group's operations and brace for increasing challenges in retail business. Samsung's businesses -- helmed by the Lee family -- account for 21% of South Koreas GDP. Business. The oldest executive at CP Pokphand Co. Ltd. is Adirek Sripratak, 75, who is the Exec. Bio Early Life Dhanin . Dhanin Chearavanont (TORU YAMANAKA/AFP via Getty Images). The family behind Charoen Pokphand Group, one of the world's largest producers of animal feed and livestock, got a nearly $9 billion boost to its wealth in 2017 partly due to a surge in the value of its holding in Chinese insurer Ping An, whose shares jumped on rising income and . Upcoming Birthday Currently, Kiat Chiaravanont is 83 years, 2 months and 29 days old. Thailands export-and-tourism-dependent economy, already weakened by the US-China trade war, was dealt a further blow by the Covid-19 outbreak. The []. Biography Timeline 1939 Dhanin was born in 1939, the fourth and youngest son of Chia Ek Chor. [1] The family owns the conglomerate CP Group, and was ranked by Forbes Asia in 2017 as Asia's fourth-wealthiest family with a net worth of US$36.6 billion. Collectively, the 50 families on the list are worth a record $699 billion, up by nearly $200 billion from last year. At the young age of 27, pop singer Justin Bieber is one of the world's wealthiest performers, with a net worth of $285 million. We're running down the richest families in Asia to round out 2020. Indian-born plastics tycoon Aloke Lohia emerged in 10th place to replace former prime minister Thaksin Shinawatra. Suphachai Chearavanont has a net worth of $5.00 million (Estimated) which he earned from his occupation as Businessperson. CP Group had a lot of debt and its creditors panicked and demanded loans be repaid immediately. A notable gainer on this year's list is duty-free tycoon Vichai Srivaddhanaprabha, who moves up from No.7 to No.5 with $4.7 billion in wealth, up from $3.25 billion in 2016. Dhanin Chearavanont was born in 1938, in Bangkok, Thailand, the son of migrant parents from Shantou, China. He returned to Thailand to work for a subsidiary of the CP Group. As of August 2020, his net worth was estimated at $14.3 billion. During this period of time, anti-Chinese sentiment was strong in Thailand. In 1978, China opened up their business to accommodate those across the globe. The Chearavanont family. As he was growing up, his father and uncle were expanding their business across Asia. Identities Podcasts People Ai. Net Worth 2022 is. [1] The family owns the conglomerate CP Group, and was ranked by Forbes Asia in 2017 as Asia's fourth-wealthiest family with a net worth of US$36.6 billion. The business now hauls in $13.1 billion in revenue annually, and the Moran family is worth $5.5 billion, Forbes estimates. Source of wealth: Charoen Pokphand Group. Suphachai Chearavanont's income source is mostly from being a successful . Suphachai Chearavanont Social Network Thailand's 50 super-rich own $84b Jul 4, 2013 Forbes Asia on July 3 came out with the newest "Top 50 richest list" on Thailand, and it can be seen that the tycoons. He is the Senior Chairman of CP Group, Thailand's largest private company. Thailand's richest man, Dhanin Chearavanont, who is valued by Forbes at a net worth of $12.6 billion, is planning the country's biggest ever initial. Chia Ek Chor and his brother Chia Seow Hui lived in the Chinatown area of Bangkok. The family fortune got its start selling seeds, and today it thrives with, among other things, Slurpees. Dhanin Chearavanont took control of the family business . After 48 years as chairman and CEO, in January 2017, Dhanin Chearavanont crowned his eldest son, Soopakij, 53, and the youngest, Suphachai, 50, as CP's chairman and CEO, respectively. The net worth of Mr Lohia, chief executive of SET-listed Indorama Ventures Plc, one of the world's leading makers of polyethylene terephthalate, rose to $1.75 billion from $1.2 billion in 2016. Then successfully branched into retail and telecom and other businesses. Newcomers to this year's list include poultry producer Winai Teawsomboonkij (No.35), who founded Thaifoods Group; Itthipat Peeradechapan (No.44), founder of SET-listed Taokaenoi Food and Marketing; and Nutchamai Thanombooncharoen (No.46) of Carabao Group. Chearavanont family. Wealth: $50.4 billion. The Chearavanont Family Chearavanont Family (Estimated family net worth: $30.7 billion) | source: thailandblog.nl The Chearavanont family indulges in Agriculture, manufacturing, real estate, commerce, and the food industry. Reality Star . Kiat Chiaravanont will celebrate 84th birthday on a Wednesday 19th of April 2023. This puts them as the second richest family in Asia, and the fifteenth worldwide. #1 - Thailand's 50 Richest (2022) Chearavanont brothers $26.5B 2022 Thailand's 50 Richest Net Worth as of 7/6/22 Photo by C.P. 2022 Celebrity Net Worth / All Rights Reserved. Here are the families and individuals who shape Thailand's economic. He is from Thai. The Chearavanont family is a Sino-Thai business family based in Bangkok, Thailand with ancestral roots in Shantou, China. Chia Ek Chor founded Thai diversified . SONGKHLA: A teacher killed her autistic son in what police believed she might have smothered him a pillow before she attempted suicide by drinking a glass of toilet cleaner at a condominium unit in Hat Yai district on Tuesday. Adisak Sukumvitaya took one shop over three decades ago into a $6.5 billion market cap retailing and financial services group and sees more growth ahead. In 2019, he led the CP Group's artificial reef program in Thailand. Chalerm Yoovidhya, who shares a $24.5 billion Red Bull fortune with his family, was this year's biggest gainer and retained his position as the second [] Their father Chia Ek Chor, along with his brother Choncharoen Chiaravanont, opened a shop selling seeds imported from China to Thai farmers in 1921. [citation needed], Magnolia Quality Development Corporation Limited, "Asia's wealthiest dynasties Chearavanont Family", "Executive Profile: Soopakij Chearavanont", "CP All deal raises fear of market dominance - The Nation", https://en.wikipedia.org/w/index.php?title=Chearavanont_family&oldid=1078901287, This page was last edited on 23 March 2022, at 23:04. Thailands richest saw their collective wealth surge to more than US$162 billion, up one third from the previous year. Dhanin Chearavanont, head of Thailand's agribusiness conglomerate Charoen Pokphand Group, got . Dhanin is head of the Chearavanont family, which was ranked by Forbes Asia in 2017 as Asia's fourth-wealthiest family with a net worth of US$36.6 billion. Following the COVID-19 pandemic, the group invested $3 million in a factory to produce 3 million face masks per month. Forbes estimates that Dhanin's net worth is over $14.4 billion, accumulated largely from his interests in banking, insurance and telecommunications. Forbes estimates that Dhanin's net worth is over $14.4 billion, accumulated largely from his interests in banking, insurance and telecommunications. Four siblings draw their wealth from Charoen Pokphand Group, one of the world's largest producers of animal feed and livestock. Thailand and Saudi Arabia are set to sign agreements to elevate diplomatic and investment ties, when Crown Prince Mohammad bin Salman makes the first official visit by a top Saudi royal family member to the Southeast Asian country in more than three decades. Dhanin is head of the Chearavanont family which was ranked by Forbes Asia in 2017 as Asia's fourth-wealthiest family with a net worth of US$36.6 billion. Wealth: $76 Billion (56,15,29,80,00,000 approx) Dhirubhai Ambani, the father of Mukesh and Anil Ambani started building Reliance Industries in 1957. The Chearavanont brothers, led by Dhanin Chearavanont, honorary chairman of Charoen Pokphand (CP) Group, Thailand's agriculture and food conglomerate, remain the wealthiest family in Thailand this year, according to Forbes magazine. Net worth: US$30.7 billion . The family's net worth has since fallen from over $40 billion (34.6bn) to $17.2 billion (14.8bn). The empire now falls in the hands of Mr Dhanin's two sons after he decided to step down earlier this year. In April, Mr Charoen announced the largest property investment in a single site in the country with One Bangkok, a 120-billion-baht business district at the intersection of Rama IV and Wireless roads. At the same time, Chearavanont's CP Group was getting into the telecom business.

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