The
Asian countries and territories with the most billionaires are: Mainland
China (308), India (113), Hong
Kong (71), Taiwan (36) South Korea (28)
and Japan (26).
China has the highest number of billionaires in Asia even though the richest
man in Asia is from India.
We’ve taken the time to create a compilation of the richest billionaires in
Asia as of 2020. Below, you can find out who the richest billionaires in Asia
are, what they do, and how much they’re currently worth.
1.
Mukesh
Ambani – 81 Billion
Mukesh
Dhirubhai Ambani is an Indian billionaire business magnate, and the
chairman, managing director, and largest shareholder of Reliance
Industries Ltd. (RIL), a Fortune Global 500 company and India’s
most valuable company by market value.
He is currently the richest man in Asia with a net worth of US$81.6 billion and
as of 2020 he is listed on Forbes as the 5th richest person in the
world.
2.
Ma
Huateng – $ 62 Billion
Ma
Huateng is a Chinese business magnate, investor, politician, and member of
the Chinese Communist Party.
He is the founder, chairman and chief executive officer of Tencent, Asia’s
most valuable company, one of the largest Internet and technology companies,
and the biggest investment, gaming and entertainment conglomerates in the
world.
3.
Jack
Ma – $ 49 Billion
Jack
Ma, or Ma Yun is a Chinese business magnate, investor and philanthropist.
He is the co-founder and former executive chairman of Alibaba Group, a
multinational technology conglomerate.
As of 2020, Ma is the second-wealthiest person in China, with a net
worth of $48.8 billion, as well as one of the wealthiest people in the
world, ranked 20th by Forbes.
4.
Xu
Jiayin – $35 Billion
Xu
Jiayin is a Chinese billionaire businessman and chairman
of Evergrande Group, a Chinese real estate developer.
Hui is the largest shareholder of China Evergrande Group. It has more than 700
projects in more than 240 cities in China
including Beijing, Shanghai, Guangzhou and Shenzhen
As of 2020, Xu has an estimated net worth of $35 billion, making him the
third-richest person in China, and 31st -wealthiest in the world,
according to Forbes.
5.
Lee
Shau-kee -$26 Billion $31.5 Billion
Lee
Shau-kee GBM is a Hong Kong business magnate, investor, and
philanthropist. He is well known real estate tycoon and majority owner
of Henderson Land Development, a property conglomerate with interests in
property, hotels, restaurants and internet services.
In 2019, aged 91, Lee stepped down as chairman and managing director of the
company, in favour of two of his sons, Peter and Martin Lee. He retains a role
as an executive director.
6. Li Ka-shing – $31
Billion
Sir Li
Ka-shing GBM KBE JP is a Hong Kong business magnate,
investor, and philanthropist.
Li was one of the most influential entrepreneurs in Asia, presiding over a
business empire with a diverse portfolio of businesses from a wide array of
industries, including transportation, real estate, financial services, retail,
and energy and utilities.
His conglomerate company Cheung Kong Holdings was influential in many
sectors of the Hong Kong economy and made up 4% of the aggregate market capitalization
of the Hong Kong Stock Exchange.
In spite of his wealth, Li cultivated a reputation for leading a frugal no-frills lifestyle,
and was known to wear simple black dress shoes and an
inexpensive Seiko wristwatch.
He lived in the same house for decades, in what has now become one of the most
expensive districts in Hong Kong, Deep Water Bay in Hong Kong
Island.
Li is also regarded as one of Asia’s most generous philanthropists, donating
billions of dollars to charity and other various philanthropic causes, and
owning the second largest private foundation in the world
after Bill & Melinda Gates Foundation in Asia.
7. He Xiangjian – $
31 Billion
He
Xiangjian is the co-founder of Midea, one of China’s largest
appliance makers.
Midea Group, whose shares trade on the Shenzhen Stock Exchange, now has more
than 200 subsidiaries, including Germany-based robotics firm Kuka.
He Xiangjian is one of the richest people in Asia with a net worth of $31
billion.
8.
Yang
Huiyan -$ 27.9 Billion
Yang
Huiyan is a Chinese billionaire businesswoman. She is a property
developer and the majority shareholder of Country Garden Holdings, a stake
largely transferred to her by her father Yang Guoqiang in 2007.
Yang chairs Bright Scholar Education Holdings, a Chinese education company that
went public on the New York Stock Exchange in 2007.
She is the richest woman in Asia with a net worth of $27.9 billion.
9.
Tadashi
Yanai- $24.3 billion
Tadashi
Yanai is a Japanese billionaire businessman, the founder and
president of Fast Retailing, the parent company of Uniqlo. As of May
2020, he was ranked 41st richest in the world by Forbes, and the richest
in Japan, with an estimated net worth of US$24.3 billion.
10.
Qin
Yinglin -$18.5 billion
Qin
Yinglin, chairman of China’s Muyuan Foodstuff, made his fortune as the
country’s largest pig breeder in the world’s biggest pork market.
Qin was born in Neixiang County in Henan, China’s most populous province.
He studied animal husbandry at Henan Agricultural University then started his
own business with wife Qian Ying, who sits on the board of Muyuan.
The couple started their venture with 22 pigs in 1992.
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