Asia's ten wealthiest individuals in 2024

Are you wondering who the ten richest persons in Asia are? The richest persons in Asia in 2024 will be covered in this article.

Asia’s wealth landscape is dynamic and has always drawn attention worldwide. A wide range of people have made their mark on Forbes’ live billionaire list. But have you ever wondered who is the wealthiest individuals in Asia according to this list?

wealthiest individuals — Richest-Man-in-Asia-2024-

Mukesh Ambani is unsurprisingly the richest person in Asia with an astounding net worth of $113.5 billion as of June 2024. The ranking of the wealthiest Asians doesn’t stop at national boundaries. A list of the wealthiest individuals in Asia as of 2024 is provided in this article.

Asia’s Top 10 Richest Individuals

The top 10 richest individuals in Asia as of August 26, 2024, are listed on Forbes’ real-time billionaires list worldwide.

A Deeper Insight: Asia’s Wealthiest Individuals in 2024

Mukesh Ambani

Source of wealth: Diversified
Age: 67
Residence: Mumbai, India
Citizenship: India

The richest person in Asia is Reliance Industries’ chairman and managing director, Mukesh Ambani. In 2008, he took a chance on the Indian Premier League (IPL) by purchasing the Mumbai Indians. Even though Jio, Reliance’s internet and telecom service, has over 470.29 million users as of right now, the company’s growing reach is seen in the August launch of Jio Financial Services. In addition, BlackRock and Jio Financial Services declared their intention to establish Jio BlackRock in July 2023 as a joint venture to provide Indian investors with cutting-edge and creative investment options.

Gautam Adani

Source of wealth: Infrastructure, commodities, self-made
Age: 62
Residence: Ahmedabad, India
Citizenship: India

The Adani Group, a $81 billion company with interests in ports, airports, energy, and green projects, is led by Gautam Adani. He began as a trading company in 1988 and is currently one of Asia’s wealthiest individuals. He demonstrated his abilities as Gujarat’s important Mundra Port controller and as the country’s top airport operator. Furthermore, he became India’s second-largest cement maker in 2022 by strategically acquiring Holcim’s Indian holdings.

Prajogo Pangestu

Source of wealth: PT Barito Pacific
Age: 80
Residence: Jakarta, Indonesia
Citizenship: Indonesia

The richest individual in Indonesia is Prajogo Pangestu, a businessman in the energy and petrochemical industries. Even though he began in the forestry industry, his company, PT Barito Pacific, is currently one of Indonesia’s top producers of plastics, petrochemicals, mining, and thermal energy. In 2023, he became immensely wealthy when Petrindo Jaya Kreasi and Barito Renewables Energy, the two companies in his group, went public.

Zhong Shanshan

Source of wealth: Beverages, pharmaceuticals, self-made
Age: 69
Residence: Hangzhou, China
Citizenship: China

The founder of the bottled water company Nongfu Spring, Zhong Shanshan, is the richest individual in Asia and the richest Chinese person overall. His path took him from construction labor to journalism, beverage sales, and finally entrepreneurship. He also influences Beijing Wantai Biological Pharmacy, which manufactures quick COVID-19 diagnostic tests. Zhong Shanshan, who possessed a $62.3 billion fortune as of the end of 2022, was still regarded as the richest person in China.

Colin Zheng Huang

Source of wealth: E-commerce
Age: 44
Residence: Shanghai, China
Citizenship: China

The well-known Chinese e-commerce company PDD Holdings, which rebranded from Pinduoduo in February 2023, was founded by Colin Huang. Huang still controls roughly 28% of the company’s shares even though he resigned as chairman more than a year ago. He is also the founder of the online gaming platform Xinyoudi and the e-commerce website Ouku.com. Huang came in at number nine on Forbes’ 2022 list of the 100 richest individuals in China.

Tadashi Yanai & family

Source of wealth: Fashion retail, self-made
Age: 75
Residence: Tokyo, Japan
Citizenship: Japan

The man behind Fast Retailing, a well-known apparel company based in Tokyo that manages the Uniqlo brand, is Tadashi Yanai. The brands in Fast Retailing’s portfolio include Helmut Lang, Theory, J Brand, and GU. With more than 2,400 stores spread over 25 countries, Uniqlo, the company’s flagship brand, is particularly well-known, placing Tadashi among the wealthiest 10 individuals in Asia. Upon the opening of its first location in October 2023 in Mumbai, India. Now that it is aware of the fierce competition from both domestic and foreign businesses, Uniqlo wants to expand and take the top spot in India.

Zhang Yiming

Source of wealth: TikTok, self-made
Age: 40
Residence: Beijing, China
Citizenship: China

The creator of the immensely famous software TikTok, Zhang Yiming, is the main man behind the Chinese digital behemoth ByteDance. With more than 1 billion users worldwide, it has an astounding user count. He still owns a two percent stake in ByteDance as of March 2023. But because TikTok might be banned in the US, its usefulness is in doubt. A new law recently passed by the US Congress gives the US government the ability to attempt to outlaw TikTok. Beyond the renown of TikTok, ByteDance is present in a variety of industries, including gaming, news, and education.

Ma Huateng

Source of wealth: Online games
Age: 52
Residence: Shenzhen, China
Citizenship: China

Pony Ma, Ma Huateng, is the CEO of Tencent Holdings, the dominant Chinese internet company. Being in charge of WeChat, a popular messaging service with 1.3 billion users, places him among Asia’s wealthiest individuals. In addition, Tencent is one of the leading video game publishers and has a significant interest in the worldwide gaming industry thanks to its ownership of Epic Games. Tesla and Spotify are also affected by Ma’s influence because of Tencent’s investments. Notably, he recently disclosed Tencent’s intentions to create new artificial intelligence (AI) technologies for the benefit of society as a whole.

Savitri Jindal and Family

Source of wealth: Steel
Age: 74
Residence: Hisar, India
Citizenship: India

The Jindal Group, which is involved in the steel, power, cement, and infrastructure industries, is currently led by Savitri Jindal, the widow of founder Om Prakash Jindal. The late OP Jindal’s sons split apart the group’s businesses after his passing. They now operate on their own. Her son Sajjan Jindal, who is located in Mumbai, is in charge of the group’s most important assets. She is the richest lady in India in addition to being among the wealthiest Asians. Savitri Jindal has carried on her husband’s heritage of assisting communities and society by making contributions to a variety of fields, including healthcare and education.

Shiv Nadar

Source of wealth: Software services
Age: 79
Residence: New Delhi, India
Citizenship: India

One of the most well-known figures in software and IT in India is Shiv Nadar, the man behind HCL Technologies. He resigned as HCL Technologies’ chairman in 2020, and as of right now, he serves as chairman emeritus. In addition to his leadership skills and commercial acumen, Nadar is well-known for his generosity. In 2023, he gave more than Rs 2000 crore, or over Rs 5.6 crore every day. He has given more than $1 billion to his Shiv Nadar foundation in total. The Indian government has bestowed upon him the third-highest civilian award in India, the Padma Bhushan.

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