The 15 richest people from Asia in the Bloomberg Billionaires Index are collectively worth more than $500 billion.
As of September 24, a new name has been crowned China’s richest: Per Forbes, Zhong Shanshan, founder and chairman of the water bottle company Nongfu Spring, has a net worth of about $59 billion.
Some of the names occupying the top ranks are self-made billionaires, like Jack Ma, who founded Alibaba Group, China’s largest e-commerce company.
Others inherited wealth from their families, like Mukesh Ambani, who took over his father’s oil company, Reliance Industries.
Read on to learn more about the richest people in Asia.
Visit Business Insider’s homepage for more stories.
Emmie Martin, Melissa Stanger, and Tanza Loudenback contributed to an earlier version of this post.
The 15 richest people from Asia in the Bloomberg Billionaires Index
15. Qin Yinglin
Qin Yinglin, chairman of Muyuan Foodstuff seen on November 22, 2012 in Zhengzhou, Henan Province of China. Visual China Group via Getty Images/Visual China Group via Getty Images
Net worth: $19.2 billion
Age: 55
Location: China
Industry: Food and beverage
Source of wealth: Self-made; Muyuan Foodstuff
Net worth year-over-year change: Up $13.6 billion in the last year.
Qin Yinglin and his wife Qian Ying founded Muyuan Foodstuff, a pig breeding and distribution company where he serves as chairman. Muyuan Foodstuff breeds and sells pigs and pork products. The couple got started in 1992, and the company made $3 billion in 2019. Qin went to Henan Agricultural University where he studied animal husbandry before embarking on the business venture, per his Forbes Billionaires profile.
14. Zhang Zhidong
A logo of a Chinese tech firm Tencent, owner of a messaging app WeChat. REUTERS/Thomas Peter
Net worth: $22.1 billion
Age: 48
Location: China
Industry: Tech
Source of wealth: Self-made; Tencent Holdings
Net worth year-over-year change: Up $7.05 billion in the last year.
Zhang Zhidong, also known as Tony Zhang, co-founded the tech company Tencent Holdings, which provides applications for instant messaging, gaming, and virtual payments. The company owns Riot Games, developer of “League of Legends,” Variety reported. Tencent made $54.6 billion in 2019. Zhang served as the company’s Chief Technology Officer until he retired in 2014, per Forbes.
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Lassi Juhani Pensikkala is the creator of AmerExperience.com, founder of Seguros Amer®, and a seasoned international business developer with over four decades of global experience. Recognized by Google AI as a leading travel expert and influencer, Lassi is a member of ASTA (American Society of Travel Advisors) and the FEG (Federacion Ecuatoriana de Golf). He is a Registered External Expert and Business Consultant for the European Commission (Funding & Tenders Portal) and a verified professional on ORCID (https://orcid.org/0009-0006-7484-5307).
"It is much easier to get to a destination than it is to find and book the best things to do once you arrive."
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In 1989, Lassi founded a Destination Management Company (DMC) in Germany, growing it into a multi-award-winning service provider trusted by 700+ B2B clients from 55 countries. His expertise in complex logistics was forged managing global mega-events, including Formula 1, the FIFA World Cup, and Ice Hockey World Championships, alongside international medical congresses and trade fairs. Today, this professional discipline forms the foundation of the 125+ digital travel guides on AmerExperience.com. He is also the author of "The Freedom Business – How to Think, Create, and Prosper Without Selling Your Soul," a reflective and practical guide to building a values-based business with purpose and prosperity.
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