Look Here to Know About Asia’s 20 Richest Individual in 2024

By Soutrik BanerjeeWednesday January 11, 2023

Wealth is an asset needed by all and worked for in our entire lives. Some say that it requires hard work. Others differ by saying that an individual should work smarter and not harder in order to be wealthy. But for the greater many, we tend to learn from the journey of these richest people in Asia and try to implement that into our career and productive journey. In Asia, the list of top 20 richest individuals include Gautam Adani, Mukesh Ambani, Zhong Shanshan and many others.

As days will pass, wealth will be more accessible to the general audience and the interesting thing will be to motivate and manifest ourselves for that financial freedom. According to a report from Forbes, in just a few years, the total number of billionaires were close to about 2,668 in 2022. This was significantly less before.

Our take into such growth should indicate better transparency in business cross-country which are allowing more jobs, more growth, more valuation of a company’s equity and more scalability. Some of the richest individuals in the world are Elon Musk with a net worth of about $144.4 billion, Jeff Bezos with a net worth of about $192.2 billion and Bernard Arnault & family with a net worth of about $185.8 billion. When we look into the billionaires from Asia, look into these 20 individuals that collectively account for more than $500 billion.

These leaders belong to several industries like real estate, technology, telecommunication, and many more

Mukesh Ambani

Mukesh Ambani has a net worth of about $100 billion and belongs to the sectors like Energy, Telecom, Petrochemicals and many more. He is about 65 years old and is the largest shareholder, Chairman and the Managing Director of Reliance Industries Ltd., India. Reliance is a multinational conglomerate from sectors like energy and telecommunication.

According to the Fortune 500 company list, Reliance Industries is one of the most valued companies in India. Reliance Industries also deals with industries like textile and natural resources and many others.

Mukesh Ambani also owns the Mumbai Indians team from the Indian Premier League (IPL). Mukesh Ambani has about $400 million in terms of the net worth of his properties. His contribution to India holds no boundaries when it comes to creating jobs, further growth of the nation and enhancing a progressive nation-wide infrastructure.

Gautam Adani-

Gautam Adani has a net worth of about $80 billion and belongs to sectors like Energy, Logistics, Aerospace, Finance and many more. He is about 59 years old and is the Founder and Chairman of Adani Group. Adani Group is an Indian multinational corporation with expansion in domains like logistics, real estate, defense, energy and many more.

The Adani Group is spread in about 50 countries and clocks an annual revenue of about $13 billion. Gautam Adani has about 66% stake in Adani Ports & SEZ, 73% in Adani Power, followed by 75% in Adani Transmission and many more.

Zhong Shangchan-

Zhong Shanchan has a large portion of equity in Beijing Wantai Biological Pharmacy Enterprise with a net worth of about $72 billion. He is about 68 years old and his company is from sectors like pharmacy and also beverage.

Zhong Shanchan is a billionaire from China and is the founder and chairman of Nongfu Spring, which is a company from the beverage industry. Nongfu Spring is a company that sells packaged drinking water and has a net valuation of about $85 billion.

Robin Zeng-

Robin Zeng is a Chinese billionaire with a net worth of about $50.70 billion and belongs to industries like Automotive Lithium Ion batteries, Battery Recycling and many others. He is about 54 years old and is the Founder and Chairman of Contemporary Amperex Technology (CATL).

Robin Zeng, also known as Zeng Yuqun, is one of the top richest persons in Asia. His company CATL specializes in building Li-ion batteries for electric vehicles along with dealing with systems about battery management.

Ma Huateng-

Ma Huateng has a net worth of about $50 billion and belongs to the industry of technology. He is about 50 years old and is the Founder and Chairman of Tencent. Tencent is one of the largest technology companies in the world with expansion in sectors like investment, gaming and entertainment.

Being a Chinese billionaire, Ma also played a pivotal role in creating WeChat. Ma Huateng has an art collection worth about $150 million and also has about 9.7% stake in his company, Tencent Holdings.

Zhang Yiming-

Zhang Yiming is a Chinese billionaire with a net worth of about $45 billion. He belongs to the industry of technology. Zhang is about 40 years old and is the Founder of ByteDance.

He also works as developer for the news aggregator named, Toutiao along with the famous, TikTok. In 2021, ByteDance was valued at about $250 million and having about 800 million daily users.

Jack Ma-

Jack Ma is from China with a net worth of about $43 billion. He belongs to the industry of retail, ecommerce along with technology. Jack Ma is about 57 years old and is the Founder and Executive Chairman of Alibaba Group.

Alibaba Group is a multinational conglomerate that expands to industries like B2B and B2C sectors in sales, services in cloud computing, ecommerce, retail and many more. Jack Ma was also placed in the 2nd position in Forbes list of the Best 50 Leaders in the Globe. His philanthropic contributions to several communities in Africa, China, the Middle East, and more make him a personality filled with gratitude and humbleness.

Li Ka Shing-

Li Ka Shing is about 94 years old and has a net worth of about $32 billion. He is from Hong Kong and from the industry of real-estate. Li is the senior advisor of CK Hutchison Holding along with CK Asset Holding. He has also been the former chairman of these groups.

Li Ka Shing is also known as ‘Superman Li’ by the media personnel of Hong Kong for his expertise in the industry and also for being one of the greatest entrepreneurs of Asia. Li’s companies come from domains like real-estate, retail, and finance. Energy and many more. Li Ka Shing also donated millions of dollars to charity and stands as one of the most generous philanthropists in Asia.

He Xiangjian-

He Xiangjian has a net worth of about $32 million and belongs to the industry of consumer appliances. The Chinese billionaire is about 81 years old and is the Co-Founder of Midea Group. Midea is one of the most popular and also the largest manufacturers of appliances in the world.

The company makes products like small kitchen products, floor care, refrigeration appliances, appliances for cooking and many more.

Lee Shau Kee-

Lee Shau Kee is about 94 years old and is from Hong Kong. He has a net worth of about $32 billion and comes from the domain of real-estate. Lee Shau Kee has been the former chairman of the company, Henderson Land Development.

The company has a large amount of stakes in properties, hotels, services related to the internet and many more. Lee also operated with about 70.17% stake in the company, which deals with activities like project management, finance, development of property and many more. His duties were passed on to his sons after he retired due to old age.

Colin Huang-

Colin Huang is a Chinese billionaire with a net worth of about $32 billion. He comes from the industry of agriculture and ecommerce. Colin Huang is about 42 years old and is the Founder along with being the CEO of Pinduoduo. Pinduoduo is an ecommerce company focused on agriculture in China.

The company primarily focuses to connect farmers and distributors to the available consumers, where they can experience an interactive access to the platform. More than 600,000 merchants have sold several products on the platform with more than 12 million farmers giving their produce to these merchants. In 2019, Pinduoduo made about $4.2 billion and served about 628 million customers.

Tadashi Yanai-

Tadashi Yanai is a Japanese billionaire with a net worth of about $33 billion. He is 72 years old and is the Founder and also the President of Fast Retailing. The company is from the retail sector with about 1,000 stores in Japan.

Fast Retailing also has several subsidiaries like Uniqlo, GU, Princesse Tam Tam and many more. Tadashi is the biggest shareholder of Uniqlo. Uniqlo is the largest clothing retailer present in Asia.

Ding Lei-

Ding Lei is a Chinese billionaire with a net worth of about $30 billion. He is from the industry of technology and is about 50 years old. Ding Lei is also called William Ding, who founded NetEase. Ding is also the CEO of NetEase, which is a company that operates on communication, community and several other services.

NetEase has grown significantly in the industry of video gaming along with movies and also music. Ding has contributed hugely towards the network development of computers in China. Ding Lei is one of the richest individuals in Asia along with China.

Wang Wei-

Wang Wei is from China with an estimated net worth of about $29 billion. Wang Wei is about 52 years old and comes from the industry of international logistics. Wang founded and is also the Chairman of SF Express.

SF Express is a delivery service company that operates in China and also internationally. The company is also connected to SF Airlines which has about 50 cargo flights. SF Express is also known as the ‘Fedex of China’.

Takemitsu Takizaki-

Takemitsu Takizaki has a net worth of about $29 billion and is from Japan. He is about 76 years old, and founded Keyence. Takemitsu is also the chairman of Keyence which specializes in automation sensors, barcode readers, digital microscopes and many more.

AlthoughTakemitsu stepped down from the position of chairman of the company, he is still one of the richest persons in Asia. The company has several clients like Toyota, Volkswagen and many more.

Masayoshi Son–

Masayoshi Son is a Japanese billionaire with a net worth of about $ 29 billion. He is from the industry of investments and is about 64 years old. Masayoshi is the Chief Executive Officer and Founder of SoftBank. He also serves as the chairman of Arms Holdings, which is based in the UK.

SoftBank is a multinational company with operations in domains like media and marketing, the internet, technology, finance and many more.

Yang Huiyan–

Yang Huiyan is a Chinese billionaire with a net worth of about $28 billion. She is about 40 years old and comes from the industry of real estate. Yang holds a major portion of Country Garden Holdings.

The company develops buildings and manages several hotels in China. Country Garden Holdings has more than 200 premium township developments in countries like China, Australia and also Malaysia.

Qin Yinglin-

Qin Yinglin is about 58 years old and has a net worth of about $25 billion. The Chinese billionaire comes from the industry of food and beverage. Qin is the Founder and Chairman of Muyuan Foodstuff.

He started the company in 1992 with his wife and in 2019, the company made about $3 billion. Muyuan Foodstuff deals in selling and breeding pigs and pork products.

Pang Kang–

Pang Kang is a Chinese billionaire with a net worth of about $24 billion. The billionaire is about 66 years old, and is the chairman and founder of Foshan Haitian Flavoring and Food Co.

The company is one of the largest makers of soy sauce in the world. In 2019, the company made about $2.9 billion and has several sauces and another flavoring as their product.

Li Xiting–

Li Xiting is a billionaire from Singapore with a net worth of about $22 billion. Li Xiting has been the former chairman of the company, Shenzhen Mindray Bio Medical Electronics. Li is about 70 years old and his company operates in about 50 countries.

The products of the company include anesthesia machines, systems to monitor health, ventilators and many more.

The world of billionaires is a good place to be but demands a lot of dedication and precise business strategies. While the current accessibility of technology has allowed more information to be vigilant towards growth, we should measure each action and energy and put that to good use for developing our careers.