Asia's Wealthiest Man of 2024 Revealed in Latest Report"
Asia's Wealthiest Man of 2024 Revealed in Latest Report"
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Richest Men in Asia 2024
Rank Name Country Net Worth (in USD Billions)
- Gautam Adani India 97.6
- Mukesh Ambani India 94.3
- Zhong Shanshan China 62.9
- Colin Zheng Huang China 50.4
- Zhang Yiming China 43.4
- Tadashi Yanai and Family Japan 37.2
- Li Ka-shing Hong Kong 35.3
- Ma Huateng China 34.0
- William Ding China 33.3
- Shiv Nadar India 31.2
Asia’s Richest Man – Gautam Adani
Country: India
Age: 61 years
Net Worth: $97.6 Billion
Source of Wealth: Infrastructure, commodities, self-made
Gautam Adani, with a staggering net worth of $97.6 billion, stands at the helm of the $32 billion Adani Group, a multifaceted conglomerate with interests ranging from ports and airports to energy and environmental initiatives. What began as a trading firm in 1988 has now evolved into a corporate powerhouse, propelling Adani into the ranks of Asia's wealthiest individuals. Renowned as India's leading airport operator and the key overseer of Gujarat's significant Mundra Port, Adani has strategically expanded his empire. His pivotal acquisition of Holcim's Indian assets in 2022 not only enhanced his financial standing but also elevated him to the esteemed position of India's second-largest cement producer.
Second Wealthiest Person of Asia – Mukesh Ambani
Country: India
Age: 66 years
Net Worth: $94.3 Billion
Source of Wealth: Diversified
Ranked as the second wealthiest individual in Asia, Mukesh Ambani holds the positions of chairman and managing director at Reliance Industries. Ambani strategically entered the Indian Premier League (IPL) landscape in 2008 with the acquisition of Mumbai Indians. His company, Reliance, has achieved remarkable success with Jio, its telecom and broadband service, boasting nearly 450 million subscribers. The recent launch of Jio Financial Services in August underscores Reliance's commitment to diversification. A noteworthy development in July 2023 saw an agreement between BlackRock and Jio Financial Services, resulting in the establishment of Jio BlackRock—a joint venture aimed at offering innovative investment solutions in India.
Third Richest Man in Asia – Zhong Shanshan
Country: China
Age: 68 years
Net Worth: $62.9 billion
Source of Income: Beverages, pharmaceuticals, self-made
Securing the third spot among Asia's wealthiest individuals is Zhong Shanshan, the visionary behind Nongfu Spring, a prominent bottled water company. Not only does he hold this regional distinction, but he also proudly bears the title of the wealthiest individual in China. Zhong's diverse career, spanning construction, journalism, and beverage sales, ultimately paved the way for his triumphant journey into entrepreneurship. Notably, his influence extends to Beijing Wantai Biological Pharmacy, a significant player in the production of rapid Covid-19 diagnostic tests. As of the close of 2022, Zhong Shanshan continued to maintain his status as the richest individual in China, amassing a formidable fortune of $62.3 billion in the preceding year.
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