Asia’s Richest – The Top 10 Revealed
Asia is the wealthiest region in the world and its wealthy population is set to grow faster than any other region in the world.
Who is the top 10 richest in Asia?
The CEO Today real-time billionaires list shows the top 10 richest people in Asia as of September 24, 2024.
| Rank & Name | Net Worth (in USD Billions) | Country | Source of Wealth |
|---|---|---|---|
| #1 Mukesh Ambani | 117.1 | India | Reliance Industries, Reliance Jio, Network18, etc |
| #2 Gautam Adani | 85.8 | India | Adani Enterprises, Adani Ports, Adani Green Energy, etc |
| #3 Prajogo Pangestu | 55.9 | Indonesia | Barito Pacific Group |
| #4 Tadashi Yanai and Family | 47.2 | Japan | Fast Retailing |
| #5 Zhang Yiming | 45.6 | China | ByteDance, TikTok |
| #6 Zhong Shanshan | 47.3 | China | Nongfu Spring |
| #7 Savitri Jindal & family | 44.3 | India | JSW Group |
| #8 Ma Huateng | 43.3 | China | Tencent Holdings |
| #9 Shiv Nadar | 40 | India | HCL Technologies, Coforge Limited |
| #10 Li Ka-shing | 36.5 | HongKong | CK Asset Holdings and CK Hutchison Holdings |
Mukesh Ambani
- Age: 67
- Residence: Mumbai, India
- Citizenship: India
- Net Worth: $117.1B
Mukesh Dhirubhai Ambani is an Indian businessman, the chairman and managing director of Reliance Industries. Mr Ambani is the richest person in Asia. Mukesh Ambani entered the Indian Premier League (IPL) by acquiring ownership of the Mumbai Indians in 2008. Jio, the telecom and broadband service of Reliance, has drawn nearly 476 million subscribers to date. The recent launch of Jio Financial Services in August signifies the company’s growth. BlackRock and Jio Financial Services announced an agreement to establish Jio BlackRock in July 2023, a joint venture to bring cutting-edge investment solutions to investors in India.
Gautam Adani
- Age: 62
- Residence: Ahmedabad, India
- Citizenship: India
- Net Worth: $85.8B
Gautam Shantilal Adani is an Indian billionaire businessman, the founder and chairman of the Adani Group, a global conglomerate engaged in port development and operations across India. The Adani Group, established in 1988 as a commodities trading company, has grown through strategic acquisitions and the backing of Indian Prime Minister Narendra Modi. The strategic purchase of Holcim’s Indian assets in 2022 elevated him to become the second-largest cement producer in India.
Prajogo Pangestu
- Age: 80
- Residence: Jakarta, Indonesia
- Citizenship: Indonesia
- Net Worth: $55.9B
Prajogo Pangestu, born Phang Djoen Phen is an Indonesian business magnate, investor, and philanthropist. Mr Pangestu started with the timber business in the late 1970s. Pangestu’s company Barito Pacific Timber went public in 1993 and changed its name to Barito Pacific and it became the one of the top leaders in petrochemical, plastic production, mining, and thermal energy in Indonesia. The year 2023 marked a notable increase in Prajogo Pangestu’s wealth, attributed to the public offerings of his two companies, Petrindo Jaya Kreasi and Barito Renewables Energy.
Tadashi Yanai & family
- Age: 75
- Residence: Tokyo, Japan
- Citizenship: Japan
- Net Worth: $47.2B
Tadashi Yanai is a Japanese billionaire businessman, founder and CEO of Fast Retailing, a retail clothing empire, which is the parent company of the Uniqlo brand. Fast Retailing’s portfolio includes Theory, Helmut Lang, J Brand, and GU. The flagship brand Uniqlo has nearly 2,500 stores across 25 countries. The Uniqlo launched its first store in October 2023 in Mumbai at Phoenix Market City Mall Kurla and it aims to become India’s No. 1 fire.
Zhang Yiming
- Age: 41
- Residence: Beijing, China
- Citizenship: China
- Net Worth: $45.6B
Zhang Yiming is a Chinese internet entrepreneur, philanthropist. Mr Yiming is founder & chairman of ByteDance, best known for app TikTok, which has more than 1 billion users worldwide. It was launched in September 2015 (known as Douyin in China) and it was an instant hit with millennials. Zhang Yiming resigned as CEO earlier in 2021 and stepped down as chairman of ByteDance later that year. In May 2024 ByteDance sued the US government due to a potential ban on TikTok in the US.
Zhong Shanshan
- Age: 69
- Residence: Hangzhou, China
- Citizenship: China
- Net Worth: $47.3B
Zhong Shanshan is a Chinese entrepreneur, founder and chairman of Nongfu Spring, a China’s leading bottled water supplier. Mr Shanshan dropped out of primary school during the Cultural Revolution and began working in the construction industry, later as a newspaper reporter and a beverage sales agent before starting his own business. Zhong Shanshan owns majority of Beijing Wantai Biological Pharmacy Enterprise, one of the leading manufacturers of infectious disease diagnostics (including Covid-19 tests).
Savitri Jindal and Family
- Age: 74
- Residence: Hisar, India
- Citizenship: India
- Net Worth: $44.3B
Savitri Devi Jindal is an Indian businesswoman and politician, the chairperson emeritus of the OP Jindal Group, a steel and power conglomerate. Mrs Jindal became the chairperson of the group after her husband, OP Jindal, passed away in a helicopter crash in 2005. The group’s businesses were divided between his four sons, who run them independently. The primary assets of the group are managed by her son, Sajjan Jindal, an Indian billionaire businessman. Savitri Jindal has continued her husband’s legacy and has actively engaged in philanthropic efforts, focusing on enhancing education, healthcare, and other vital areas within the community.
Ma Huateng
- Age: 52
- Residence: Shenzhen, China
- Citizenship: China
- Net Worth: $43.3B
Ma Huateng is a Chinese businessman, investor and philanthropist, chairman and CEO of Tencent Holdings – a multinational technology conglomerate and holding company. WeChat, messaging app owned by Tencent, has over one billion monthly users, the majority of whom are based in China. Tencent is one of the largest internet and technology firms globally, and one of the biggest investment, gaming, and entertainment conglomerates in the world. Tencent made a strategic investment in American video game and software developer – Epic Games, Inc. Mr Huateng’s serious investments continue in Tesla, Spotify, Snap (the parent company of Snapchat). The company continues to invest in research and development, such as artificial intelligence, cloud computing and Internet.
Shiv Nadar
- Age: 79
- Residence: New Delhi, India
- Citizenship: India
- Net Worth: $40B
Shiv Nadar is an Indian billionaire businessman and philanthropist. Mr Nadar founded HCL in 1976, the IT hardware company which evolved into a comprehensive IT enterprise over the next thirty years. HCL Technologies is among India’s largest software services providers. In July 2020, Nadar handed over to his daughter Roshni Nadar and following year also stepped down as managing director of HCL Technologies. Shiv Nadar is currently a chairman emeritus and serves as a strategic advisor. Shiv Nadar Foundation was established in 1994 with Mr Nadar’s $1.1 billion donation. The Foundation was created to work towards the creation of a more equitable, merit-based society by empowering individuals through transformational education, creativity, and art.
Li Ka-Shing
- Age: 96
- Residence: Hong Kong
- Citizenship: Hong Kong
- Net Worth: $36.5B
Sir Li Ka-shing is a Hong Kong billionaire business magnate, investor, and philanthropist. Mr Li Ka-shing is the Senior Advisor of CK Asset Holdings Limited and CK Hutchison Holdings Limited since 10 May 2018. Mr Li started his company – Cheung Kong plastics, named after the Yangtze River, at the age of 21 in 1950 with $6,500 in savings and loans from relatives. The Li Ka Shing Foundation was founded in 1980, concentrating on educational programs, healthcare services, and research projects. Mr Li has invested over HK$30 billion in projects covering education, charity and anti-poverty programs, medical services, with about 80% of the projects in Mainland China and Hong Kong.
