Bounnhang Vorachit Net Worth

Background and career

Bounnhang Vorachit (Lao: ບຸນຍັງ ວໍລະຈິດ; born 15 August 1937) is a retired Laotian politician who was General Secretary of the Lao People's Revolutionary Party (LPRP), the country's top leader, and President of Laos from 2016 to 2021. He was previously prime minister from 2001 to 2006 and vice president from 2006 to 2016. During his tenure, Barack Obama made the first visit to Laos by a sitting U.S. president, and Laos deepened its ties with China through the Belt and Road Initiative and the railway between the two countries. He retired at the party's Eleventh Congress in January 2021, and he was succeeded as party leader and president by Thongloun Sisoulith.