There are a handful of names that consistently appear at the top of the list of Asia’s wealthiest individuals. In 2023, the richest individual in Asia will be Mukesh Ambani, the chairman and managing director of Reliance Industries Limited from India. With an estimated net worth of $83.4 billion, Ambani is the twelfth richest person in the globe.
These individuals amassed their fortune through various means, such as business ownership, investments, and philanthropy. Their achievements have had a significant effect on the economics of their respective nations and regions.
The list of Asia’s wealthiest individuals in recent years is evidence of the region’s economic development and prosperity. As Asia continues to develop, it is probable that the list of Asia’s wealthiest individuals will continue to evolve.
All of these individuals serve as models for entrepreneurs and business executives worldwide. They have accomplished great success through diligence, commitment, and creativity. Their accounts serve as an inspiration for all of us.
Forbes has compiled a list of the top ten richest individuals in Asia in 2023.
Top 10 Richest People In Asia 2023
1. Mukesh Ambani (India) – $83.4 billion
Mukesh Ambani is the chairman and managing director of Reliance Industries Limited, an energy, telecommunications, and retail conglomerate. Today Mukesh Ambani has spread his Empire to include petrochemicals, oil, and gas, retail and alcoholic products, telecom, etc.
2. Gautam Adani (India) – $70.3 billion
Gautam Adani is the chairman and founder of the diversified conglomerate Adani Group, which has interests in ports, electricity, and infrastructure. He is also the first Asian to feature in the top three of the Forbes billionaire list. In fact, Gautam Adani has made a name for himself within the parameters of sustainability by working hard to launch the first large-scale Adani Green Power project.
3. Zhong Shanshan (China) – $67.9 billion
Zhong Shanshan is the founder and chairman of Nongfu Spring, China’s premier bottled water corporation. He is a self-made billionaire with a total net worth of 67.9 billion USD who started out his life working jobs like being a newspaper reporter or beverage sales agent. He turned his career on its head by launching his business of the bottled water company Nongfu Spring. He has also made considerable success as a major shareholder in the Beijing Wantai Biological Pharmacy, which made him among the richest people in Asia.
4. Jack Ma (China) – $60.5 billion
Jack Ma is the former chairman and co-founder of Chinese e-commerce company Alibaba Group. In 2014, the year that Alibaba Group went public and began trading its shares on the New York Stock Exchange, they raised a record-breaking USD 25 billion. Ma is a shareholder in Huayi Brothers, a significant media and entertainment conglomerate in China.
5. Pony Ma (China) – $54.7 billion
Pony Ma is the chairman and chief executive officer of Chinese technology corporation Tencent Holdings. Tencent is best known for its instant messaging app WeChat, which has more than a billion users.
6. Ma Huateng (China) – $54.6 billion
Ma Huateng is the chairman and chief executive officer of the Chinese technology corporation Tencent Holdings. The largest internet company in China and one of the most valuable companies in the world. Tencent Group formally offered shares of its music-streaming company, Tencent Music, on the New York Stock Exchange in December 2018, and by the end of September 2022, according to Statista, WeChat had over 1.31 billion monthly active users. Ma is renowned for keeping a low profile while being a well-known person.
7. Li Ka-shing (Hong Kong) – $48.8 billion
The Hong Kong industrialist Li Ka-shing is known as the “Superman of Asia.” He has diverse commercial interests, including in real estate, retail, and infrastructure. Li’s ownership interests in publicly traded businesses, the most well-known of which is the real estate developer CK Asset, make up the majority of his net wealth. Li owns 34% of CK Asset.
8. Masayoshi Son (Japan) – $48.6 billion
Masayoshi Son is the founder and chairman of the Japanese technology corporation SoftBank Group.
9. Lakshmi Mittal (India) – $47.7 billion
Lakshmi Mittal is the chairman and chief executive officer of the world’s largest steel corporation, ArcelorMittal.
10. Anil Agarwal (India) – $47.2 billion
Anil Agarwal is an Indian industrialist who serves as the chairman of the natural resources conglomerate Vedanta Resources.