Top 10 Richest Men In Asia 2020 {Net Worth}

List of richest men in Asia and their net worth. Asia is a unique continent that contains tons of people that are indulging in several activities. Some Asians are however more famous than others, and some are richer than others. In this article, we will explore the richest men in the continent – 10 of them.

So, who are the richest Asians? These men, these billionaires, have been able to maintain assets that have made them worth a fortune. We will explore their businesses as well as their current net worth too.

Let’s get started:

Top 10 Richest Men In Asia 2020

1. Mukesh Ambani

    • Net Worth: $52.2 billion
    • Country Of Origin: India

Mukesh Ambani is an Indian billionaire that is making a lot of money with Reliance Industries Limited – which was featured on the Fortune Global 500 list

Some years ago, Mukesh Ambani was the fourth richest man in Asia but has been able to grow his net worth to become the richest man in the continent.

The business magnate is currently the chairman, managing director and majority shareholder of RIL. The company has a higher market value than any other firm in India, and is a major source of Mukesh’s wealth.

With a net worth of  $52.2 billion, the Indian is the richest man, not only in India but in the whole of Asia.

2. Ma Huateng

    • Net Worth: $47.7 billion
    • Country Of Origin: China

Ma Huateng is a Chinese internet entrepreneur, known for founding one of the most influential companies in Asia – Tencent. He is the President and CEO of Tencent. The company is controlling China’s biggest mobile instant messaging service and is making a lot of money from the enterprise.

Ma has featured twice on Time Magazine’s list of the most influential people in the world, and he has an estimated net worth of  $47.7 billion.

3. Jack Ma

    • Net Worth: $41.3 billion
    • Country Of Origin: China

Jack Ma, some years back, was the richest man in Asia, before losing his spot on the list. The Chinese business magnate is the founder of Alibaba Group.

Jack grew from scratch to become one of the most influential persons in the world. He has an inspiring story too – being rejected from the likes of KFC and Harvard, and he now owns a global company that has pushed his net worth to about $41.3 billion

Jack Ma is interested in doing nice stuff with Alibaba, and the company is doing well too.

4. Hui Ka Yan

    • Net Worth: $27.4 billion
    • Country Of Origin: China

Hui Ka Yan is a Chinese businessman, and he is one of the richest men in Asia. He is the chairman and majority shareholder of Evergrande Group – which is a Chinese real estate developer.

He makes a lot of money from his ventures, that he used to be at the top of the rankings before he was overtaken by others. He is well-known in his country, and some even compare him to Donald Trump – who is also a huge investor in the real estate sector.

5. Lee Shau-Kee 

    • Net Worth: $26.5 billion
    • Country Of Origin: Hong Kong

Lee Shau-kee has a net worth of $26.5 billion, and he is actually one of the richest men in Asia. The Hong Kong-based real estate tycoon and majority owner of Henderson Land Development is currently sitting on the sixth spot of the list, and he also has an inspiring story to tell.

Actually, he grew up in a poor family in China, and he experienced poverty while growing up with his family (that they can’t afford to eat the way they want). He made it known that back then, they were only able to eat fish or meat perhaps once or twice a month.

He however moved up the ladder to control one of the biggest companies in Asia – HLD, which is a property conglomerate with interests in properties, hotels, and so on.

Lee Shau-Kee admonishes that people should use the money to make money and that they should save first, then use what they have to invest in what will yield some more money. Well, considering his net worth and his status, a lot of people can give thoughts to his advice.

6. Tadashi Yanai

    • Net Worth: $25.9 billion

Yanai Tadashi, born 7 February 1949 is one of the richest men in Asia, with a net worth of $22.2 billion. He is currently regarded as the ninth richest man in the continent.

He is a Japanese billionaire businessman, who is earning a lot of money from his business activities. He is the founder and president of Fast Retailing, the parent company of Uniqlo (“unique clothing”) – a valuable company in Asia.

It is interesting to add that he is currently the richest man in his country Japan, and also one of the richest men in the world as things stand now.

7. Li-Ka Shing

    • Net Worth: $24.6 billion
    • Country Of Origin: Hong Kong

Li-Ka Shing is from Hong Kong and is currently the richest man in his country. He is one of the wealthiest persons in Asia – currently sitting on the fifth spot of the list and can boast of having a net worth of  $24.6 billion.

He is a business magnate, the current chairman of the board for CK Hutchison Holdings. The company has interests in diverse lucrative ventures, fetching tons of money. Additionally, he is a philanthropist, and he appears to be concerned about the growth and development of society – both his country as well as the larger society.

8. He Xiangjian 

    • Net Worth: $24.3 billion 
    • Country Of Origin: China

Hé Xiǎngjiàn was born on October 5, 1942, and is also one of the wealthiest people in the whole of Asia. He is the co-founder of Midea, one of the biggest appliance makers in China, and the company keeps increasing his net worth. 

For instance, as of January 2015, he has a net worth of $9.3 billion and was the 9th richest person in the whole of China. Nevertheless, currently, the Chinese businessman has been able to work towards growing his wealth and is currently with a net worth of $24.3 billion.

He Xiangjian is married with three children. The Chinese billionaire reportedly lives in Foshan. 

9. Masayoshi Son

    • Net Worth: $23.1 billion
    • Country Of Origin: Japan

Born on the 11th of August 1957, Son is one of the richest men in Asia. The Korean-Japanese billionaire technology entrepreneur, investor, and philanthropist have amassed a lot of money from his ventures, and he is currently with a net worth of $23.1 billion.

Masayoshi Son is the founder and chief executive officer (CEO) of SoftBank – a Japanese holding company. He is also the chairman of Arm Holdings – based in the United Kingdom. 

He is the CEO of SoftBank Mobile and earns a lot also for his $20 million early stakes into Jack Ma’s Alibaba back then in 1999.

Son’s story is quite inspiring. He lost up to $70bn during the dot com crash of 2000 (which is regarded as the highest amount of money lost in history). 

Nevertheless, here is a man that kept pressing on and doing nice things with his talents – and is currently said to be worth up to $22.6 billion. He is pretty doing a lot of things in the business world. He has investments in various climes, and he is making a lot of money, that, he is one of the richest men in the world at large. 

10. Lee Kun-hee

    • Net worth: $15.7 billion 
    • Country Of Origin: South Korea

Lee Kun-hee was born on the 9th of January 1942. He is a South Korean business magnate and is one of the wealthiest people in Asia. Lee is the chairman of Samsung Group – a valuable company in Asia. 

In 1996, he became a member of the International Olympic Committee, and it is proof that he is a man of reputation. Well, he is one of Lee Byung-Chul’s children. Lee Byung-Chul is the founder of Samsung, Kun-hee is his third son. 

The family is one of the richest in the world. Back then in 2008, he was involved in a Samsung slush funds scandal – which made him resigned, before coming back in 2010. He survived a heart attack in 2014, and that same year, Forbes named him one of the most powerful persons in the world (as well as the most powerful person in Korea). The name of his son is Lee Jae-Yong.

9. Wang Jianlin

    • Net Worth: $13.9 billion
    • Country Of Origin: China

Wang Jianlin, a Chinese business magnate, investor, and philanthropist, is one of the richest men in Asia, with a net worth of $13.8 billion.

Jianlin is the owner of the largest real estate development company in China – Dalian Wanda Group (which is also the largest movie theatre company in China). When he was younger, he fought in the army for up to 16years.

In 1992, Jianlin became chairman of the Dalian Wanda Group, and he has been able to ensure the company grew into what it is today – one of the most valuable companies in Asia, that has given him a bunch of his wealth.

Wang Jianlin appears to be a man who is in for running a company according to market rules, and not collecting or offering bribes. That is impressive. Considering that corruption abounds in Asia too, and many big companies are actually corrupt, then we should do away with anything unethical.

Read Also: 

Closing On The Richest Man In Asia

In conclusion, although there are several rich persons in Asia as things stand now, these ten men are toping the pack, and are known to be the richest men in the continent presently, earning a lot of money from their businesses and investments.

So, here we go with our list of the top ten richest men in Asia. As expected, the tides will change any moment from now – some will experience an increase in their net worth and vice versa. 

Tag: Richest Person In Asia

Olawale Legend