Top Ten Richest Most Powerful Billionaires and Families in Asia

Top Ten Richest Most Billionaires and Asia's Richest Families

Asia is the centre of world financials that dominates the global economy. A group of billionaires has enabled the region to emerge as influential globally. These individuals not only have massive wealth but also significant business ventures worldwide that impact the region and the world. According to Forbes, The top richest people in Asia have different businesses in different sectors. Here, we have made the list of the wealthiest people in Asia who have different visions but a common goal of increasing their wealth day by day.

Key Highlights

  • Mukesh Ambani is the top richest person in Asia, with a net worth of about $109.5 billion.

  • Zhong Shanshan is one of the richest people in Asia and is also the head of Nongfu Spring.

  • The Ambanis are the world's top 10 wealthiest families.

Who Are the Top 10 Richest People in Asia?

The top richest people in Asia, according to Forbes, as of January 2024, are

1- Mukesh Ambani

Mukesh Ambani, the chairman and MD of Reliance Industries, is also the richest man in Asia. As of January 30, 2024, his net worth was $109.5 billion. He made major investments in different areas like telecoms and energy retail in urban and rural regions of India. He is an opportunist who is always bold in making major investments in various sectors. For example, in 2008, he ventured into the Indian Premier League and bought Mumbai Indians. After years, he entered telecom broadband services by establishing Jio. Recently, Mukesh Ambani entered the financial sector and established Jio Financial Services. Jio Financial Services and BlackRock have announced an agreement to form Jio BlackRock in 2023 to expand the company's horizon. With his opportunistic approach, he is the wealthiest man in Asia.

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2- Gautam Adani

Gautam Adani has a combined net worth of about $78.8 billion. He is the chairman of Adani Groups, a 32-billion-dollar enterprise with mass expansion over ports, airports, energy, and green initiatives. He started trading in 1988 and is now the second richest person in Asia. Adani Group is one of the world's largest conglomerates, significantly contributing to India's infrastructure and long-term economic growth. He has made major investments in ventures like airport sustainable and renewable energy, data centres, and defence sectors.

Related Articles: Gautam Adani Currently Ranks 16th Richest Person in the World

3- Zhong Shanshan

Zhong Shanshan is a Chinese resident whose wealth comes from beverages, pharmaceuticals, etc. He has a net worth of about $61.0 billion. He is the owner of Beijing Wantai biological pharmacy. He worked as a construction worker, a salesperson, and even a news reporter. He is now one of the wealthiest people in Asia and is also the head of Nongfu Spring, a bottled water company.

4- Colin Zheng Huang

Colin Huang is a founder of PDD Holdings, a Chinese E-Commerce organisation. He has a net worth of about $45.9 billion. He also founded an online gaming platform, Xinyoudi, and an e-commerce platform, Ouku.com.

5- Zhang Yiming

Zhang Yiming is a very well-known name behind Chinese tech giant Bytedance. Bytedance is responsible for the establishment of the world's popular TikTok. TikTok has approximately 1 billion users around the globe. Zhang has about 20% stake in Bytedance. He has about $43.2 billion in net worth.

6- Tadashi Yanai and Family

Tadashi Yanai is the well-known name behind the fast retailing of a prominent clothing Empire in Tokyo, which also looks after the Uniqlo chain. He has a net worth of about $39.0 billion. The significant names behind fast retailing are Theory, Helmut Lang, and J Brand. Uniqlo has a presence in over 25 countries and has 2,400 stores worldwide. If you look at its significant cash investments, it comes from investment, dividends, and market performance.

7- Prajogo Pangestu

He is an energy and petrochemical tycoon from Indonesia and one of Asia's wealthiest people. He started with the Timber business, and his company, PT Barito Pacific, is the leader in petrochemicals, plastic production, mining, and thermal energy in Indonesia. He has a group of companies, PT Petrindo Jaya Kreasi and Barito Renewable Energy.

8- Li Ka Shing

Li Ka Shing is one of Asia's richest people, having a diversified source of wealth from CK Hutchinson, which is diversified among ports, retail, telecommunication, and energy. He is also known as a Hong Kong superman with a net worth of about $37.2 billion. Li Ka Shing Foundation has made donations of over $3.8 billion to various causes, a significant part of which was donated towards Greater China.

9- Shiv Nadar

Shiv Nadar is a well-known name behind HCL Technology, a software giant. He is the chairman of Emirates of HCL Technologies. Apart from his businesses, he is well known for his leadership capabilities and philanthropic activities. His total donation towards the Shiv Nadar Foundation is over $ 1 billion. He has been awarded Padma Bhushan, the third highest civilian award by the Government of India, for contributing to IT and software and India's economic growth. He has a net worth of about $35.3 billion.

10- William Ding

William Ding is the CEO of NetEase, one of the world's biggest online gaming companies. The company has given famous games like Fantasy Western World, Egg Party and Justice Mobile that use AI to create storylines. Ding is also the richest man and China's first Internet gaming billionaire. It also has an E-Commerce branch named Yanxuan that sells pork sourced from Ding's farms. He has a net worth of about 31.6 billion dollars, making him the tenth richest man in Asia.

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Who Is Asia's Richest Family?

If you look at the recent Bloomberg ranking, the richest family in Asia is the Ambani family, which owns Reliance Industries. The family has bounced back from its previous losses and is the head of others in Asia. Also, the Ambanis are the world's top 10 wealthiest families.

How Many Billionaires Are There in Asia?

According to the statistics report, as of 2019, there are 2335 billionaires worldwide, 721 of whom live in Asian countries. With the data change in 2022, there were 2394 billionaires worldwide. As of 2024, the world's population of billionaires has increased to 2640 billionaires, representing almost $12.5 trillion in wealth.

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Which Country Has the Most Billionaires?

Discover the nation with the highest number of billionaires and unravel the secrets of their success.

Country with the Most Number of Billionaires in the World

The United States has the largest number of billionaires in the world, with a total number of about 724 billionaires. China stands in second place with 698 billionaires, while India has 237 billionaires. Germany and Russia are in the top five countries, with 136 and 117 billionaires, respectively. The top 10 countries with the highest number of billionaires include Hong Kong, Brazil, Canada, the UK, and Italy.

Country with the Most Number of Billionaires in Asia

China has the most billionaires in Asia, with 698 billionaires. India stands at the second place in Asia with 237 billionaires. 

Who Is Asia's Richest Woman?

Savitri Jindal is Asia's richest woman and chairman of the Jindal group. The Jindal group has a clear interest in steel, power, cement, and infrastructure. In 2023, after beating Mukesh Ambani and Gautam Adani, she became India's richest woman, according to the Bloomberg Billionaires Index.

Conclusion 

Asia is the home of billionaires. When we talk about some of Asia's richest/wealthiest people, the first name that comes to mind is Mukesh Ambani, who has been the wealthiest man for decades. He owns Reliance Industries, which has multiple multinational companies in different sectors like petrochemicals, retail, telecommunication infrastructure, etc. If we talk about the most prosperous country in Asia, it is China; however, when we talk about Asia's richest families, Ambanis holds the first position.

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FAQs

Who is the No. 1 richest in Asia? 

The number one reaches in Asia is Mukesh Ambani, with a net worth of about $109.5 billion. 

Who is the youngest billionaire in 2024?

The youngest billionaires under 30 are Clemente Del Vecchio, Kevin David Lehmann, Kim Jung-min, Luca Del Vecchio, and Alexandra Andresen.

Who is the wealthiest woman in the world?

Francoise Bettencourt Meyers is the richest woman in the world, with a net worth of $98.7 billion. She has derived this net worth from her holdings in L'oreal, the world's largest cosmetic company.

Who is the world's richest man in 2024?

The world's richest man in 2024 is Bernard Arnold, with a net worth of about $210.6 billion.

15 Feb, 2024

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