List of Top 20 Richest People of Asia in 2021

PV Vyshnavi PV Vyshnavi
Oct 16, 2021 17 min read
List of Top 20 Richest People of Asia in 2021

Even during the pandemic, the net worth of many billionaires have been growing consistently. According to Forbes, the number of billionaires in the Forbes 35th list of the world wealthiest people, the number of billionaires have increased to 2,755, which was 660 more than a year ago.

Everyone knows that the richest person on the planet is Elon Musk with a net worth of $203.4 billion, followed by Jeff Bezos with $192.2 billion and Bernard Arnault & family with $185.8 billion, as of October 16, 2021. But do you know the top twenty richest people in Asia? According to Bloomberg Billionaire Index and the Forbes Billionaires List, the top 15 richest people in Asia, collectively account to over $500 billion.

The people in this list are self-made, big tech tycoons and real estate giants. The person who takes the top spot in the list of Asia is none other than India's richest person, Mukesh Ambani who is the Chairman of the conglomerate, Reliance Industries Ltd. The other high profile billionaires from the continent are Jack Ma, Gautam Adani, Zhong Shanshan, Ma Huateng, Li Ka-Shing, etc. To find out who else made the top 20 according to Forbes.

1. Mukesh Ambani
2. Zhong Shanchan
3. Gautam Adani
4. Robin Zeng
5. Ma Huateng
6. Zhang Yiming
7. Jack Ma
8. Li Ka Shing
9. He Xiangjian
10. Lee Shau Kee
11. Colin Huang
12. Tadashi Yanai
13. Ding Lei
14. Wang Wei
15. Takemitsu Takizaki
16. Masayoshi Son
17. Yang Huiyan
18. Qin Yinglin
19. Pang Kang
20. Li Xiting
Frequently Asked Questions

Here is the list of the Top 20 Richest People in Asia.

1. Mukesh Ambani

Chairman/MD Reliance Industries Ltd
Net Worth US$100.6 billion (as of October 2021)
Industry Energy, Telecom, Retail, Petrochemicals, Textiles and Natural Resources
Country India
Age 64 (2021)
Mukesh Ambani
Mukesh Ambani

Mukesh Dhirubhai Ambani is an Indian Billionaire Businessman, the Chairman, Managing Director and the largest shareholder of the Reliance Industries Ltd., which is an energy and telecom multinational conglomerate.

Reliance Industries owns business across India and has its foothold in the industries such as energy, petrochemicals, textiles, natural resources, retail and even telecommunications. The company is also in the list of the Fortune Global 500 Company and is the country most valuable company as per its market value.

Ambani is credited for creating Jio, an affordable 4G phone service in India. The billionaire also owns an Indian Premier League team known as the Mumbai Indians and also has a property worth more than $400 million. As of 16th October 2021, Mukesh Ambani is the richest person not only in India but also Asia with a net worth of US $100.6 billion and is also the 11th richest person in the world. The head honcho of Reliance India Limited has joined the coveted club of billionaires with a fortune of at least $100 billion on 8th October 2021, Friday, following the rapid rise of the stocks of the conglomerate.

2. Zhong Shanchan

Founder/ CEO Nongfu Spring
Majority stake holder Beijing Wantai Biological Pharmacy Enterprise
Net Worth US$71.6 billion (as of 28th May 2021)
Industry Beverage and Pharmacy
Country China
Age 67
Zhong Shanshan
Zhong Shanshan

Zhong Shanshan is a Chinese billionaire businessman, the founder and chairman of Nongfu Spring which is a popular beverage company in China and a majority stake holder of Beijing Wantai Biological Pharmacy Enterprise.

Nongfu Spring is a bottled water and beverage company that went public in September 2020, the company recently tripled its value to $85 billion. As of 16th October 2021, the net worth of Shangshan is $71.6 billion, making him the richest person in China, the 2nd richest person in Asia after Gautam Adani.

He became the second richest person in Asia due to the recent stock listing of Nongfu and also because Wantai Biological managed to tap into the high demand of Covid 19 kits. Zhong Shanshan is also known to have accumulated his wealth the fastest in history, according to Bloomberg.


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3. Gautam Adani

Founder/ CEO Adani Group
Net Worth US $75.20 billion (as of October 2021)
Industry Resources, Logistics, Energy, Energy, Defence, Aerospace, Real Estate, Financial, etc.
Country India
Age 59 (2021)
Gautam Adani
Gautam Adani

Gautam Shantilal Adani is an Indian Billionaire Industrialist, the Founder and Chairman of the Adani Group. Adani Group is an Indian multinational conglomerate that has diverse businesses across the industries of resources, logistics, energy, energy, defense, aerospace, real estate, financial, etc.

Adani Group has an annual revenue of more than US $13 billion with operations in more than 50 countries. Adani is especially known for being a port developer and operator and is known for having the largest port in the country known as the Mundra port.

As of 2018, Gautam Adani has over 66% stake in Adani Ports & SEZ, 75% stake in Adani Enterprises, 73% stake in Adani Power, and a 75% stake in Adani Transmission. As of 16th October 2021, Gautam Adani has a net worth of US $75.20 Billion, making him the second richest person in Asia. He had recently overtaken Chinese bottled water producer, Zhong Shanshan in September 2021.

4. Robin Zeng

Founder/ Chairman Contemporary Amperex Technology
Net Worth US $50.70 billion (as of October 2021)
Industry Automotive Li-ion Batteries, Energy Storage Systems, Battery Recycling
Country China
Age 53 (2021)
Robin Zeng
Robin Zeng

Robin Zeng also known as Zeng Yuqun is a Chinese billionaire entrepreneur, the Founder and Chairman of Contemporary Amperex Technology (CATL).

The CATL is well known Chinese’s battery manufacturer and Technology Company that specializes in making lithium-ion battery for electric vehicles, battery management systems. Zeng is among the richest people in China and in Asia. With a net worth of $50.70 billion, he recently overtook Jack Ma, as per the reports dated October 16, 2021.

5. Ma Huateng

Chairman/MD Tencent Holdings
Net Worth US$49.10 billion (as of October 2021)
Industry Technology
Country China
Age 49 (2021)
Ma Huateng
Ma Huateng

Ma Huateng, also known as Pony Ma is a Chinese Billionaire Businessman, the Founder, Chairman and CEO of Tencent. Tencent is the continent’s most valuable company and one of the largest internet and Technology Company.

Besides , Tencent is also one of the biggest investment, gaming and entertainment conglomerate in the world known for developing China’s instant messaging app called WeChat. According to Time magazine Ma Huateng is one of the most influencial people in 2018, while Fortune also ranked him as among the top businessmen of the year in 2017.

The businessman wealth comes from the 9.7% stake in Tencent holdings. He is known to own properties in Hong Kong and art pieces that are worth over US $150 million. As of 16th October 2021, the net worth of Ma Huateng is US $49.10 billion, making him one of the richest people in China and the 5th richest person in Asia.


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6. Zhang Yiming

Founder/ Former CEO ByteDance
Net Worth US $44 billion (as of October 2021)
Industry Internet Technology
Country China
Age 38 (2021)
Zhang Yiming
Zhang Yiming

Zhang Yiming is a Chinese Billionaire Businessman and the Founder of ByteDance and developer for the news aggregator Toutiao and the world renowned video sharing platform TikTok. ByteDance is a Chinese multinational internet tech company known for developing video sharing and social networking sites like TikTok and Douyin.

ByteDance also developed an app known as Toutiao, which is a platform that delivers news content in various forms. As of 2018, ByteDance has over 800 million daily users across all its content platforms and has been valued at $250 billion as of 2021. According to Bloomberg billionaires index Zhang's personal wealth is estimated to be around $44 billion.

Zhang Yiming stepped down from the position of CEO of Bytedance to embrace a new role within the company on 20th May 2021.

7. Jack Ma

Founder/ CEO Alibaba Group
Net Worth US$42.30 billion (as of October 2021)
Industry Technology, E-commerce, Retail
Country China
Age 56 (2021)
Jack Ma
Jack Ma

Jack Ma is a Chinese billionaire businessman, the Founder and former Executive Chairman of Alibaba Group. Alibaba is a Multinational Technology Conglomerate that specializes in E-commerce, retail, technology and offers C2C, B2C and B2B sales, electronic payments, shopping search engines and cloud computing services.

Alibaba is the world largest retailers and e-commerce companies and has the 6th highest global brand valuation in 2018. Jack Ma was ranked 2nd in the Forbes list of the World 50 greatest leaders and is also a popular philanthropist as he has supported many underprivileged communities in China, Africa, Australia, and the Middle East.

As of 16th October 2021, the net worth of Jack Ma is US$42.3 billion making him a distinguished billionaire in China and the 7th richest person in Asia.


8. Li Ka Shing

Chairman Li Ka Shing Foundation
Net Worth US $31.80 Billion (As of October 2021)
Industry Real Estate
Country Hong Kong
Age 92 (2021)

Li Ka Shing is a Hong Kong businessman, an investor and well known philanthropist. He is the senior advisor and former chairman of the board for CK Hutchison Holdings and CK Asset Holdings. Li Ka Shing is 92 years old and is known to be the world leading port investor, developer and operator of the largest health and beauty and retailer in Asia and Europe.

According to Forbes Hong Kong Fortune league chart, Li Ka Shing became the richest person in Hong Kong in February 2021. Li is often regarded as "Superman li" by the Hong Kong media because of his business prowess, he also is the most influential entrepreneurs in the continent.

Li presides over a huge business empire that has its foothold in the industries such as transportation, real estate, financial services, retail, and energy and utilities. The billionaire is also a philanthropist that leads a simple life and has donated billions of dollars to charity and causes making him Asia most generous philanthropists.

As of 16th October 2021, Li Ka Shing net worth is over US $31.80 Billion making him one of the richest person in Hong Kong and among the richest in Asia.


9. He Xiangjian

Founder Midea Group
Net Worth US$31.70 billion (as of October 2021)
Industry Consumer appliances
Country China
Age 79 (2021)
He Xiangjian
He Xiangjian

He Xiangjian is the Co-founder of Midea Group, which is known to be one of the world's largest appliance makers. Midea Group is electrical appliances manufacturer that has more than 200 subsidiaries.

The company is known for its products like lighting, water appliance, floor care, small kitchen appliance, laundry, cooking appliance and refrigeration appliances. According to Bloomberg Billionaire Index, Xiangjian was ranked the 44th place as his net worth was $32.7 billion in April 2021.

Media is also the world largest producers of robots and appliances which is why the company was also listed in the Fortune Global 500 since 2016. He Xiangjian stepped down from the company operation in 2012, but is still one among the richest in China and Asia with a wealth of $32.70 billion.

10. Lee Shau Kee

Founder/Chairman Henderson Land Development
Net Worth US $31.10 billion (as of October 2021)
Industry Real Estate
Country Hong Kong
Age 93 (2021)
Le Shau Kee
Le Shau Kee

Le Shau Kee is a billionaire businessman from Hong Kong, real estate tycoon, founder and former chairman of Henderson Land Development. Henderson Land Development is a well known property conglomerate with stakes in property, hotels, restaurants and internet services.

The company's main activities are property development, investment, project management, construction, hotel operation, finance, investment holding and infrastructure. The billionaire controlled over 70.17% of the share capital of the company as of 2015.

Kee stepped down from the position of chairman in 2019 at the age of 91 and passed the mantel to his sons. Le Shau Kee is one of the richest people in Hong Kong and in Asia. His net worth is estimated to be $31.10 billion, as of 16th October 2021.

11. Colin Huang

Founder/ CEO Pinduoduo
Net Worth US$31.10 billion (as of October 2021)
Industry E-commerce, Agriculture
Country China
Age 41 (2021)
Colin Huang
Colin Huang

Colin Huang also known as Huang Zheng is a Chinese billionaire businessman, the Founder and CEO of Pinduoduo. Pinduoduo is a leading E-commerce and the largest agriculture-focused technology platform in China. Pinduoduo’s main objective is to connect farmers and distributors directly with the consumers and provide an interactive shopping experience.

Over 600,000 merchants have sold their produce through the platform with more than 12 million farmers supplying their fruits and vegetable to the merchants. According to Bloomberg, the platform has over 628 million customers and made $4.2 billion in 2019. Huang has also founded two other popular internet based companies known as Xinyoudi (a gaming business) and Ouku.com (an e-commerce platform).

The businessman has grown his wealth steadily in the recent years, climbing the global ranks from number 94 in 2019, to number 57 in 2020, and then 21. As of 16th October 2021, Colin Huang net worth is US$31.10 billion, which makes him the one of the richest people in China and the 11st richest person in Asia.


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12. Tadashi Yanai

Founder/ Chairman Fast Retailing
Net Worth US$32.5 billion (as of October 2021)
Industry Retail
Country Japan
Age 72 (2021)
Tadashi Yanai
Tadashi Yanai

Tadashi Yanai is a Japanese Billionaire businessman, the Founder and President of Fast Retailing. Fast Retailing is public Japanese retail holding company that owns more than a 1000 stores. The company owns popular Japanese subsidiaries like Uniqlo, J brand, Comptoir des Cotonniers, GU, Princesse Tam Tam and Theory.

He is also the biggest shareholder of Asia’s largest clothing retailer known as Uniqlo. According to Bloomberg Billionaire Index, Tadashi Yanai became the richest person in Japan and the 34th richest person in the world, as his net worth was estimated to be $42.billion as of April 2021.

However, as of 16th October 2021, the billionaire’s net worth is US $32.5 billion, making him the richest person in Japan and among the richest in Asia.

13. Ding Lei

Founder/CEO NetEase
Net Worth US $29.8 billion (as of October 2021)
Industry Technology
Country China
Age 49 (2021)

Ding Lei is also known as William ding is a Chinese Billionaire businessman, the Founder and CEO of NetEase. NetEase is Internet Tech Company known for its services like content, community, communications and commerce. The company also develops online PC and mobile games, advertising services and e-commerce platforms in China.

NetEase is one of the largest internet and video game companies in the world. Besides gaming, NetEase works with other online media entertainment like movies and music. Ding Lei is known to have made many contributions to the development of computer networks in China, while his company work with Blizzard Entertainment and Microsoft subsidiary Mojang.

According to Bloomberg, the net worth of Ding Lei as of 16th October 2021 is $29.8 billion, making him one of the richest people in China and in Asia.

14. Wang Wei

Founder/Chairman SF Express
Net Worth US $28.8 billion (16th October 2021)
Industry International express delivery and logistics services
Country China
Age 50 (2021)

Wang Wei is a Chinese billionaire businessman, the Founder and Chairman of SF Express. SF Express is a multinational express delivery services and logistics company. The company is the 2nd largest courier in China as it provides domestic and international express delivery.

It is also known for the SF Airlines which has a fleet of 50 cargo aircrafts. SF Express began in 2009 and has transported more than two million tonnes of cargo till 2018. This is why the SF Express is known as the "Fedex of China.”

As of 16th October 2021, the net worth of Wang Wei is US $28.8 billion, making him one among the richest people in China as well as in Asia.

15. Takemitsu Takizaki

Founder/Chairman Keyence
Net Worth $28.5 billion (as of October 2021)
Industry Technology
Country Japan
Age 75 (2021)

Takemitsu Takizaki is a Japanese bilionaire businessman, founder and chairman of Keyence. Keyence is a well-known manufacturer of automation sensors, vision systems, barcode readers, laser markers, measuring instruments, and digital microscopes.

The company has many big brands as its clients Toyota, Toshiba, and Volkswagen. Takizaki stepped down as the company chairman but still has a net worth of $28.5 billion, as of 16th October 2021, making him one of the richest people in Japan and Asia.

16. Masayoshi Son

Founder/ CEO Softbank
Net Worth US$28.20 billion (as of October 2021)
Industry Investment
Country Japan
Age 63 (2021)
Masayoshi Son
Masayoshi Son

Masayoshi Son is a Japanese billionaire entrepreneur, the Founder and CEO of SoftBank and also the chairman of the UK based Arm Holdings. Softbank is a well-known Japanese multinational holding company that operates in the areas of broadband, fixed-line telecommunications, e-commerce, internet, technology services, finance, media and marketing, semiconductor design, etc.

The company was also ranked 36th in the list of Forbes Global 2000. Masayoshi Son's net worth is estimated to be $28.2 billion as of 16th October 2021, making him the one of the richest people in Japan and the 16th richest person in Asia. Masayoshi was also ranked as the 45th in the list of Most Powerful People, according to Forbes.


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17. Yang Huiyan

Chairman and Majority stake holder Country Garden Holdings and Bright Scholar Education Holdings
Net Worth US $27.3 billion (as of August 2021)
Industry Real Estate
Country China
Age 40 (2021)
Yang Huiyan
Yang Huiyan

Yang Huiyan is a Chinese billionaire businesswoman, Property developer and a majority stakeholder of Country Garden Holdings, 70% of shares of the company were transferred to her by her father Yang Guoqiang in 2007.

The Country Garden is a property development company that constructs buildings and manages hotels in China, owned by Yang’s family. The company was ranked 147thin the Fortunes Global 500 list. Country Garden has more than 200 high-end township developments in countries like China, Malaysia, and Australia.

As of August 2021, Yang Huiyan’s net worth is estimated to be $27.3 billion, making her not only the richest woman in China but also the richest woman in Asia.


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18. Qin Yinglin

Founder/Chairman Muyuan Foodstuff
Net Worth US $25 billion (as of October 2021)
Industry Food and beverage
Country China
Age 56 (2021)

Qin Yinglin is a Chinese billionaire, founder and chairman of Muyuan Foodstuff. Muyuan is a popular pig breeding and distribution company that breeds and sells pigs and pork products. Qin is known to have started the company with his wife in 1992, and by 2019 the company made $3 billion.

The agriculture billionaire is known to be the "the country's largest pig breeder in the world's biggest pork market”, according to Forbes. Qin is famous as the world's richest farmer. His net worth is estimated to be $25 billion, as of 16th October 2021. This makes him one of the richest people in China and in Asia.


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19. Pang Kang

Chairman Foshan Haitian Flavouring and Food Co.
Net Worth US $23.80 billion (as of October 2021)
Industry Food and beverage
Country China
Age 65 (2021)

Pang Kang is a Chinese billionaire businessman and the chairman of a popular food and beverage company known as Foshan Haitian Flavoring and Food Co. The company manufactures a wide variety of sauces and flavoring, it is also the largest manufacturer of Soy Sauce in the world.

Based in China's Guangdong providence, the food company made $2.9 billion in 2019, within five years of its launch. Foshan also makes over 200 different condiments such as oyster sauce, hoisin, shrimp, vinegar, and chicken stock.

As of 16th October 2021, the net worth of Pang Kang is over $23.80 billion, making him one of the richest people in China and in Asia as well.

20. Li Xiting

Founder/Chairman Shenzhen Mindray Bio-Medical Electronics
Net Worth US $21.30 billion (as of October 2021)
Industry Medical Electronics
Country Singapore
Age 70 (2021)

Li Xiting is a Singaporean billionaire, Founder and former Chairman of Shenzhen Mindray Bio-Medical Electronics. Over the year the billionaire has been one of the pioneers in the world of healthcare. While his company is known to operate in 30 countries and have over 17 subsidiaries.

Mindray is known for its healthcare devices such as health monitoring systems, ventilators, defibrillators, anesthesia machines and infusion systems. According to Forbes, Li Xiting is the richest person in Singapore in 2020. As of 16th October 2021, the net worth of Li Xiting is $21.30 billion, making him the richest Singaporean and among the richest people in Asia.


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Frequently Asked Questions

Who are the top three richest people of the world?

The top three billionaires of the world are Elon Musk, with a net worth of $203.4 billion, followed by Jeff Bezos with $197.7 billion and Bernard Arnault with $193.2 billion, as of 16th October 2021.

Who are the top ten richest people of Asia?

The top ten richest billionaires of Asia are Mukesh Ambani, Zhong Shanchan, Gautam Adani, Robin Zeng, Ma Huateng, Zhang Yiming, Jack Ma, Li Ka Shing, He Xiangjian, Le Shau Kee.

Who are the other top people of Asia?

The other top billionaires of Asia are He Xiangjian, Ding Lei, Li Ka Shing, Yang Huiyan, Wang Wei, Pang Kang, Li Xiting, Qin Yinglin and Takemitsu Takizaki.

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