Money may not always bring in more money because capitalism takes some lumps. The wealthiest are no more totally immune to strong economic forces and dwindling stock markets. Both the number of billionaires and their total wealth keep on swelling or shrinking.
Who are the top richest people in Asia? The latest stats released by the Forbes for the richest people in the world 2019 reveal that there are around 2,153 billionaires in the world, down by 55 a year ago. The top slot among the world’s richest individuals goes to Jeff Bezos, for the second consecutive year. Bill Gates, the founder of Microsoft, enjoyed this title for as many as twelve years.
The largest and the most populous continent, Asia has also emerged asa financial powerhouse. It houses some of the world’s top 10 economies, notably China, Japan and India.
As of 2019, among the wealthiest families, the Ambani family ranks atop with the net worth of $44.8 billion followed by Lee family, Kwok family, Chearavanont family occupying second, third, and fourth positions, respectively. But when it comes to individuals, it is not (Mukesh) Ambani but (Jack) Ma who occupies the top slot.
On the first place, it is Mukesh Ambani, an Indian business tycoon. He is the chairman and majority shareholder of the Reliance Industries Limited (RIL). RIL has the highest market value in India. Ambani is of the view that an entrepreneur should be realistic in their opinion because they cannot do everything.
|Date of Birth||April 19, 1957|
|Education||Bachelor of Science in Engineering, University of Bombay; Drop Out, Stanford University|
|CEO Of||Reliance Industries|
|Profession(s)||Chairman and managing director, Reliance Industries|
|Net Worth||55.2 Billion USD|
|Source of Wealth||Petrochemicals, Oil & Gas|
|Awards||NDTV Business Leader of the Year 2010, The Ernst and Young Entrepreneur of the Year 2000|
The 2nd slot on the list of the top richest people in Asia goes to Ma Huateng, the founder and CEO of one of the largest internet company in China – the Tencent. He has also featured more than once on the Time Magazine’s most influential people in the world list. As of 2019, his net worth has been estimated at $37.9 billion.
|Also Known as||Pony Ma|
|Date of Birth||October 29, 1971|
|Education||Shenzhen Middle School, Shenzhen University|
|Founder & CEO Of||Chinese Tech Giant Tencent|
|Profession(s)||Engineer, Entrepreneur, Philanthropist, Businessperson, Investor|
|Net Worth||39.6 Billion USD|
|Source of Wealth||Self made, Internet Media|
|Achievements||Richest man in China with net worth $51.1B (Mar 2018), 1st Chinese Businessman amnong top 10 richest persons in the world featured on 'Forbes' list (Nov 2017)|
The founder of Ali Baba group, Jack Ma may well be ranked as the third richest man in Asia with net worth of over $38 billion. He is also one of the most inspiring men on the list for his story of rise from rags-to-riches is quite interesting.
After being rejected from the Harvard, KFC and many other opportunities, he founded the Ali Baba Group – one of the world’s most valuable companies. According to Ma, he wanted to change history and do something important in life.
|Birth Name||Ma Yun|
|Date of Birth||September 10, 1964|
|Education||Bachelor of Arts/Science, Hangzhou Teacher's Institute|
|Founder & CEO Of||Ali Baba Group|
|Profession(s)||Entrepreneur, Teacher, Philanthropist, Investor, Businessperson|
|Net Worth||38.7 Billion USD|
|Source of Wealth||Self made, e-commerce|
|Achievements||Top 10 Business Leaders of the Year in 2014, Nominated as “Young Global Leader” by World Economic Forum (2005), Businessperson of the Year” by Businessweek (2007), Selected as World’s Best CEO among 30 (2008)|
Hui Ka Yan, the forth wealthiest person in Asia, is also a Chinese businessman. Also referred to as the Donald Trump of China, he is the majority shareholder and chairman of a real estate developer, the Evergrande Group.
|Also Known as||Xu Jiayin|
|Date of Birth||October 9, 1958|
|Education||Bachelor of Arts/Science, Wuhan University of Science and Technology|
|Founder & Owner Of||China Evergrande Group|
|Net Worth||37.7 Billion USD|
|Source of Wealth||Self made, Real Estate|
Once the richest man in Asia, Li-Ka Shing has been pushed down to the 5th position. However, with incredible net worth of over $33 billion, he is still the richest man in Hong Kong. An investor, business tycoon and philanthropist, Shing is presently working as the chairman of the board for CK Hutchison Holdings.
|Date of Birth||July 29, 1928|
|Education||Drop Out, High School|
|Founder & CEO Of||Cheung Kong Industries|
|Profession(s)||Philanthropist, Entrepreneur, Investor, Businessperson|
|Net Worth||32.6 Billion USD|
|Source of Wealth||Diversified, Self Made|
|Awards||Grand Bauhinia Medal|
A Chinese investor, business magnate and philanthropist, Wang Jianlin is the founder of the Dalian Wanda Group which runs the largest real estate business in China. It is also largest movie theatre company in China. His net worth is estimated to be around $29.6 billion.
|Date of Birth||October 24, 1954|
|Founder & CEO Of||Dalian Wanda Group|
|Profession(s)||Philanthropist, Investor, Businessperson|
|Net Worth||23 Billion USD|
|Source of Wealth||Real estate, Self Made|
|Achievements||Nominated as the “The Best CEO in Asia” by Asia Corporate Governance magazine (2015), Selected by “Foreign Policy” magazine as one of the “Top 100 Global Thinkers” in 2013|
A real estate business magnate, Lee Shau-Kee is a majority shareholder of Henderson Land Development, a property conglomerate dealing in properties, restaurants, hotels, and internet services. Having risen from rags-to-riches, he once said that his family would be able to eat meat or fish only once or twice a month. His net worth is estimated around $28.7 billion.
The founder and CEO of SoftBank Mobile, Masayoshi Son enjoys 8th place among the top richest people in Asia with the estimated net worth of $22.6 billion. The “Dot Com” crash in 2000 resulted in the loss of $70 billion, setting the record for most money ever lost in history.
Chairman of the Chinese delivery service company, SF Express, Wang Wei has an estimated net worth of $21.1 billion. SF Express is the second largest courier in China after the China Post.
Asia’s 10th richest individual, Yang Huiyan is a Chinese investor and the majority shareholder of Country Garden Holdings. She is, however, the richest woman in Asia with the net estimated worth of $20.4 billion.
Asia is the world's most populated continent with the greatest diversity of culture. Asian...
The continent of Asia consists of a large diversity of cultures, traditions and customs....