Only a handful of these Asian countries and territories boast a billionaire with an individual net worth in the tens of billions. That is why Bloomberg Billionaires conduct an audit of the richest man in Asia. Asia is home to some of the world’s most populous countries, such as China and India, but also boasts four current superpowers: Japan, Taiwan, South Korea, and Mainland China.
The richest man in Asia is Wang Jianlin from mainland China who had a net worth of $32 billion. His wealth has grown significantly over this last year due to his investments in entertainment and real estate.
Gautam Adani becomes the richest man in Asia:
In 2017, the richest Asian was Gautam Adani from India. His net worth increased from $7.3 billion to $9.3 billion in 2017, this growth has landed him the title of richest Asian for the year. He is not only India’s wealthiest man but also holds a majority share of the Adani Group. This group is one of India’s largest conglomerates and operates as industries including ports, energy, and renewable energy generation and logistics.
The 59-year-old champion’s net worth reached $88.5 billion on Monday, according to the Bloomberg Billionaires Index.
According to the Bloomberg Billionaires Index, here is the list of the top 10 richest Asians
Gautam Adani:
He is now the richest man in Asia. The Indian billionaire industrialist and philanthropist have surpassed Ambani as the richest man. He is the Chairman and founder of the Ahmedabad-based multinational conglomerate Adani Group which is involved in port development and operations in India. The 59-year-old champion’s net worth reached $88.5 billion on Monday, according to the Bloomberg Billionaires Index.
Mukesh Dhirubhai Ambani:
Chairman and managing director of Reliance Industries Ltd. (RIL) Ambani’s ranking have slipped down to second now with a net worth of $87.9 billion. In November 2021, Mukesh Ambani was the wealthiest person in India and Asia. Gautam Adani was trailing him by about $2.2 billion.
Zhong Shanshan:
He is known as the “Bottled Water King”, has ranked third with a net worth of $75.9 billion. Zhong Shanshan, chairman of Nongfu Spring, a bottled water company, listed its shares in Hong Kong in September 2020.
Zhang Yiming:
A 39-year-old, Chinese billionaire, Zhang Yiming, who is the founder of Tik Tok, has grabbed the fourth position in the world’s richest Asian list, with a net worth of $44.5 billion.
Zeng Yuqun:
CATL’s founder Zeng Yuqun (China) has ranked fifth in the Asian richest list, with a net worth of $ 48.7 billion.
Ma Huateng:
Ma Huateng, a Chinese billionaire business magnate, has a net worth of $46.6 billion and is the sixth richest Asian.
Jack Ma:
Jack Ma is a Chinese investor and philanthropist. He has ranked seventh position in Asia’s richest person‘s list. He has a net worth of $35.9 billion
Li Ka-Shing:
Hong Kong business magnate Li Ka-Shing stands as the eighth richest person in Asia, with a net worth of $35.8 billion.
Lee Shau Kee:
The co-founder of Sun Hung Kai, Lee Shau Kee who is from Hong Kong has a net worth of $34.1 billion and is the ninth richest Asian.
He Xiangjian:
Appliance giant Midea’s founder He Xiangjian, who hails from China, is the tenth richest Asian and has a net worth of $33.1 billion.
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