The billionaire heiress and Harvard graduate is leading Thailand’s election

Paetongtarn Shinawatra

The billionaire heir could be the clear winner in Thailand’s election.

(Photo: Reuters)

Bangkok Nine years after the military coup, Thailand is facing a new balance of power: two main opposition parties, led by billionaire heiress Paetongtarn Shinawatra and Harvard graduate Pita Limjaroenrat, emerged victorious in Sunday night’s parliamentary election.

Having tallied 70 percent of the vote, the pro-democracy parties Pheu Thai and Move Forward are clearly ahead of their competitors – and can also count on an absolute majority of seats in parliament.

The previous prime minister, former army chief Prayut Chan-ocha, had to accept a crushing defeat. According to provisional results, the United Nations Thai party, which it nominated as the top candidate, may only be fourth or fifth. Prayut has been in power for nine years.

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