Richest Man in Asia 2024

Richest Man in Asia

Richest Man in Asia is a dominant force in the constantly changing world of global wealth, housing individuals who have accumulated immense fortunes. As of 2024, this continent is home to some of the most affluent tycoons, who play a significant role in their nations’ economic fabric. Let’s explore the lives and financial success of Asia’s wealthiest men, these visionary leaders who are molding industries and driving economies forward.

Asia’s Richest Person 2024

According to the Bloomberg Billionaires Index, Gautam Adani, an Indian tycoon, has regained his position as Asia’s wealthiest person after a challenging year. With a net worth of $97.6 billion, he now stands 12th globally. Adani, the founder of Adani Group and a self-made industrialist, has seen his wealth increase by $13 billion in the last two days, surpassing Mukesh Ambani. This impressive recovery comes after a turbulent period characterized by allegations of stock manipulation and accounting fraud, which led to an initial decrease of over $80 billion in Adani’s fortune in early 2023.

What is Bloomberg Billionaire Index?

The Bloomberg Billionaires Index, which was launched in March 2012, is a daily evaluation of the wealth of the 500 richest people in the world. Along with providing detailed profiles of each billionaire, the index offers a tool for comparing the fortunes of multiple individuals. Updated every day at the close of the New York stock market, it serves as a comprehensive and up-to-the-minute resource for monitoring changes in global wealth.

Top-10 Richest Man in Asia 2024

Richest Men in Asia 2024
Rank Name Country Net Worth (in USD Billions)
1. Gautam Adani India 97.6
2. Mukesh Ambani India 94.3
3. Zhong Shanshan China 62.9
4. Colin Zheng Huang China 50.4
5. Zhang Yiming China 43.4
6. Tadashi Yanai and Family Japan 37.2
7. Li Ka-shing Hong Kong 35.3
8. Ma Huateng China 34.0
9. William Ding China 33.3
10. 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, the head of the Adani Group, which is valued at $32 billion, has a remarkable net worth of $97.6 billion. The conglomerate encompasses various sectors such as ports, airports, energy, and environmental initiatives. Starting as a trading firm in 1988, Adani has risen to become one of the wealthiest individuals in Asia. He is widely recognized as India’s leading airport operator and holds significant control over Gujarat’s Mundra Port. he further strengthened his position by strategically acquiring Holcim’s Indian assets, making him the second-largest cement producer in India.

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Second Wealthiest Person of Asia – Mukesh Ambani

Country: India

Age: 66 years

Net Worth: $94.3 Billion

Source of Wealth: Diversified

Mukesh Ambani, who holds the second-highest wealth in Asia and serves as the chairman and managing director of Reliance Industries, strategically entered the Indian Premier League (IPL) in 2008 by acquiring Mumbai Indians. Reliance’s telecom and broadband service, Jio, has amassed approximately 450 million subscribers, and the recent introduction of Jio Financial Services in August signifies the company’s efforts to diversify. It is worth mentioning that in July 2023, an agreement between BlackRock and Jio Financial Services resulted in the establishment of Jio BlackRock, a joint venture focused on 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

Zhong Shanshan, the founder of Nongfu Spring, a bottled water company, is not only the richest Chinese but also holds the position of the third wealthiest person in Asia. Throughout his diverse career in construction, journalism, and beverage sales, he eventually ventured into successful entrepreneurship. Notably, he exerts significant influence over Beijing Wantai Biological Pharmacy, a prominent player in the production of rapid Covid-19 diagnostic tests. As of the end of 2022, Zhong Shanshan maintained his status as China’s richest individual with a fortune of $62.3 billion in the previous year.


Who is the richest woman of Asia?

With her wealth soaring by a whopping $9.6 billion in 2023, India’s richest woman Savitri Jindal has seen the highest net worth increase in the calendar year, much more than even the Ambanis and Birlas.

Who is the richest man of Asia as of 2024?

As of 2024, Gautam Adani, with the net worth of $97.6 billion holds the title of the richest man of Asia.

Name the top-5 richest persons in Asia

The top-5 richest person in Asia are: Gautam Adani, Mukesh Ambani, Zhong Shanshan, Colin Zheng Huang and Zhang Yiming.

Who is the youngest richest man in Asia?

The youngest billionaire in Asia, Wang Zelong hails from Jiaozuo, a mid-sized city in central China. Zelong inherited a stake of $1.4 billion in CNNC Hua Yuan Titanium Dioxide Company, which specializes in the distribution of titanium dioxide.

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