The Top 10 Richest People in Asia in 2024
Curious about the wealthiest individuals in Asia? This article delves into the top 10 richest people in Asia for 2024.
Asia’s wealth landscape is ever-evolving, with numerous individuals making significant impacts on the Forbes real-time list of billionaires. As of June 2024, Mukesh Ambani leads the list with a remarkable net worth of $113.5 billion. This article provides an overview of the wealthiest people in Asia for 2024.
The Top 10 Richest People in Asia in 2024
Based on Forbes’ real-time billionaires list as of June 24, 2024, here are the top 10 richest individuals in Asia:
| Rank | Name | Country | Net Worth (in USD Billions) |
| 1 | Mukesh Ambani | India | 113.5 |
| 2 | Gautam Adani | India | 85.7 |
| 3 | Prajogo Pangestu | Indonesia | 61.8 |
| 4 | Zhong Shanshan | China | 59.3 |
| 5 | Colin Zheng Huang | China | 50.7 |
| 6 | Zhang Yiming | China | 43.4 |
| 7 | Savitri Jindal & family | India | 41.2 |
| 8 | Ma Huateng | China | 40.4 |
| 9 | Tadashi Yanai and Family | Japan | 36.8 |
| 10 | Li Ka-shing | Hong Kong | 35.4 |
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A Deeper Insight: Richest People in Asia in 2024
Mukesh Ambani
- Source of wealth: Diversified
- Age: 67
- Residence: Mumbai, India
- Citizenship: India
Mukesh Ambani, the wealthiest person in Asia, leads Reliance Industries. He entered the Indian Premier League (IPL) by acquiring the Mumbai Indians in 2008. Reliance’s telecom and broadband service, Jio, has amassed nearly 470.29 million subscribers. In August, Jio Financial Services was launched, and in July 2023, BlackRock and Jio Financial Services formed a joint venture, Jio BlackRock, to offer innovative investment solutions in India.
Gautam Adani
- Source of wealth: Infrastructure, commodities, self-made
- Age: 62
- Residence: Ahmedabad, India
- Citizenship: India
Gautam Adani leads the Adani Group, a $81 billion conglomerate involved in ports, airports, energy, and green initiatives. Starting as a trading firm in 1988, Adani has become a key figure in India’s infrastructure sector. He is India’s leading airport operator and controls Gujarat’s Mundra Port. His acquisition of Holcim’s Indian assets in 2022 made him the second-largest cement producer in India.
Prajogo Pangestu
- Source of wealth: PT Barito Pacific
- Age: 80
- Residence: Jakarta, Indonesia
- Citizenship: Indonesia
Prajogo Pangestu, an energy and petrochemical magnate, is Indonesia’s richest person. Initially starting in the timber business, his company, PT Barito Pacific, now leads in petrochemicals, plastic production, mining, and thermal energy. His wealth surged in 2023 when his group’s companies, Petrindo Jaya Kreasi and Barito Renewables Energy, went public.
Zhong Shanshan
- Source of wealth: Beverages, pharmaceuticals, self-made
- Age: 69
- Residence: Hangzhou, China
- Citizenship: China
Zhong Shanshan, founder of Nongfu Spring, a bottled water company, is the third richest person in Asia and the wealthiest in China. His career spans construction, journalism, and beverage sales, leading to his entrepreneurial success. He also controls Beijing Wantai Biological Pharmacy, known for its rapid Covid-19 diagnostic tests. By the end of 2022, Zhong’s fortune was estimated at $62.3 billion.
Colin Zheng Huang
- Source of wealth: E-commerce
- Age: 44
- Residence: Shanghai, China
- Citizenship: China
Colin Huang founded PDD Holdings, formerly known as Pinduoduo, a major Chinese e-commerce company. Although he stepped down as chairman a few years ago, he still owns about 28% of the company. Huang also founded the online gaming company Xinyoudi and the e-commerce platform Ouku.com. In 2022, Forbes ranked him ninth among China’s 100 richest people.
Zhang Yiming
- Source of wealth: TikTok, self-made
- Age: 40
- Residence: Beijing, China
- Citizenship: China
Zhang Yiming is the founder of ByteDance, the company behind the globally popular app TikTok, which has over 1 billion users. As of March 2023, he holds a 2% stake in ByteDance. However, the company’s value faces uncertainty due to potential bans on TikTok in the US. ByteDance also operates in sectors like news, education, and gaming.
Savitri Jindal and Family
- Source of wealth: Steel
- Age: 74
- Residence: Hisar, India
- Citizenship: India
Savitri Jindal, the widow of Om Prakash Jindal, now leads the Jindal Group, which operates in steel, power, cement, and infrastructure. After OP Jindal’s passing, the group’s companies were divided among his sons, who now manage them independently. Her son, Sajjan Jindal, based in Mumbai, oversees the group’s most significant assets. Savitri Jindal is not only one of the wealthiest individuals in Asia but also the richest woman in India. She continues her husband’s legacy by contributing to education, healthcare, and other social causes.
Ma Huateng
- Source of wealth: Online games
- Age: 52
- Residence: Shenzhen, China
- Citizenship: China
Ma Huateng, also known as Pony Ma, is the head of Tencent Holdings, a major Chinese internet company. He oversees WeChat, a messaging app with 1.3 billion users, making him one of Asia’s richest individuals. Tencent also has significant investments in global gaming, including a stake in Epic Games, and ranks among the top video game publishers. Ma’s influence extends to Tesla and Spotify through Tencent’s investments. Recently, he announced plans for Tencent to develop new artificial intelligence (AI) technologies for the benefit of humanity.
Tadashi Yanai & Family
- Source of wealth: Fashion retail, self-made
- Age: 75
- Residence: Tokyo, Japan
- Citizenship: Japan
Tadashi Yanai is the founder of Fast Retailing, a major clothing company listed in Tokyo that owns the Uniqlo chain. Fast Retailing’s portfolio includes brands like Theory, Helmut Lang, J Brand, and GU. Uniqlo, the flagship brand, has over 2,400 stores in 25 countries, placing Tadashi among the top 10 richest people in Asia. In October 2023, Uniqlo opened its first store in Mumbai, India, aiming to become a leading brand in the country despite strong competition from local and international brands.
Li Ka-Shing
- Source of wealth: Diversified, self-made
- Age: 96
- Residence: Hong Kong
- Citizenship: Hong Kong
Li Ka-Shing, one of Asia’s wealthiest individuals, started his journey at 21 by founding Cheung Kong Plastics with $6,500 in savings and loans from relatives in 1950. His Li Ka Shing Foundation has donated over $3.8 billion to various causes, primarily in Greater China. Recently, CK Hutchison Holdings, controlled by Li Ka-shing, and Vodafone Group agreed to merge their British telecommunications businesses to create the country’s largest mobile operator.
