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Top 5 wealthiest people in Asia

Nowadays Asia is the home to over 1,000 billionaires. Interestingly, this number is bigger than in any continent. Currently, none of the Asian tycoons is included in the top 5 wealthiest people in the world. Still, some of them are likely to catch up with the leaders of Forbes' ratings shortly. Let's find out what Asian entrepreneurs can boast the largest capital.

Top 5 wealthiest people in Asia

Mukesh Ambani

Indian industrialist Mukesh Ambani today is the richest man in his country and throughout Asia. According to the latest estimates, his wealth totals $89.2 billion. In the world ranking of the rich, 65-year-old Mukesh Ambani ranks 13th. The main source of his income is India's largest holding Reliance Industries. The company owns several enterprises in petrochemistry, telecommunications, and retail commerce. Its annual turnover is estimated at $104 billion whereas the market value exceeds $208 billion.

Top 5 wealthiest people in Asia

Zhong Shanshan

Chinese entrepreneur Zhong Shanshan is the second richest person in Asia. According to recent reports, his fortune is estimated at $62 billion. The 68-year-old tycoon’s main source of income is bottled water and beverage company Nongfu Spring, which has a market value of $60 billion. He also owns a stake in Beijing Wantai Biological Pharmacy Enterprise, China's largest supplier of COVID-19 testing kits.

Top 5 wealthiest people in Asia

Zhang Yiming

40-year-old Chinese Internet entrepreneur Zhang Yiming is third in the ranking of Asian billionaires. According to recent estimates, his capital measures $45 billion. The businessman’s wealth comes from ByteDance, the IT company he founded. He also developed the popular application TikTok. Currently, the market value of the video-sharing platform exceeds $66 billion, and the number of active TikTok users is more than 1 billion.

Top 5 wealthiest people in Asia

Gautam Adani

In the fall of 2022, Indian billionaire Gautam Adani ranked second on the list of the world’s richest people. However, his triumph did not last long. A few months later, the chairman of the Adani Group was charged with fraud. As a result, the market capitalization of his company shrank considerably, and Gautam Adani himself incurred heavy losses. Currently, his fortune is estimated at $44 billion. With such capital, he occupies only 24th place in the global ranking of billionaires but ranks fourth on the list of the richest people in Asia.

Top 5 wealthiest people in Asia

Li Ka-shing

94-year-old Hong Kong businessman Li Ka-shing closes the list of the top 5 wealthiest Asian billionaires. Currently, his capital exceeds $38 billion. Li Ka-shing's key source of income is the diversified business empire he founded, CK Hutchison Holdings. Today, this conglomerate includes companies specializing in a wide variety of industries: logistics, energy, retail, utilities, financial services, telecommunications, and others.

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