Money & Power

10 Super-Rich Asian Moguls Who Have Dominated the World

From Samsung's Lee Kun-hee to Alibaba's Jack Ma, here are some of the most prominent Asian billionaires.
IMAGE Jigneshhn/Financial Times/ WIKIMEDIA COMMONS/ World Economic Forum at English Wikipedia
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Lately, Asia’s super-rich have been getting richer and richer. Just last year, Forbes reported that Asia was home to the highest number of billionaires in the world—outnumbering billionaires in both Europe and the U.S. But where do these tycoons’ businesses actually lie? Here, we take a look at the moguls who have gone beyond Asia to the world.

LAKSHMI MITTAL


Net Worth: $19.4 billion

Lakshmi Mittal is the chairman and CEO of ArcelorMittal, the world’s biggest steelmaker. Born in India, Mittal belonged to a steel clan. In 1976, when Mittal was 26 years old, he started his own steel company in Indonesia and eventually acquired Luxembourg-based Arcelor. Today, he produces 10 percent of the world’s steel.

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GOPICHAND, SRICHAND, PRAKASH, AND ASHOK HINDUJA

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Net Worth: $19.8 billion

The Hinduja family—which consists of siblings Srichand, Gopichand, Prakash, and Ashok—control the Hinduja Group. The London-based conglomerate company is involved with foundries, import-export, trading, motor vehicles, banking, call centers, and healthcare across 37 countries. Gopichand and Srichand live in London, Prakash stays in Geneva, and Ashok resides in Mumbai. The Hindujas are the richest Asians in the United Kingdom.

LEE KUN-HEE

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Net Worth: $20.6 billion

Samsung Group’s Lee Kun-hee is the wealthiest man in South Korea. Though Samsung is most known for its consumer electronics, the group is also involved with fashion, theme parks, insurance, and advanced materials.

TADASHI YANAI


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Net Worth: $22.2 billion

Tadashi Yanai is the founder and president of Fast Retailing, a retail holding company. One of its subsidiaries is Uniqlo which has stores in over 16 countries worldwide including Australia, Germany, France, Spain, and the United Kingdom. Fast Retailing also owns J Brand, Comptoir des Cotonniers, G.U., Princesse Tam-Tam, and Theory.

LI KA-SHING


Net Worth: $34.8 billion

Hong Kong's richest man Li Ka-shing is the chairman of CK Hutchison Holdings and CK Asset Holdings. Born in China’s Guangdong Province, Li dropped out of school at 16 to support his family. He started Cheung Kong plastics, the predecessor to CK Hutchison Holdings, when he was 21. Today, the multinational conglomerate operates in over 50 countries and has holdings in ports and related services, retail, infrastructure, energy, and telecommunications including Park 'N Fly Airport Parking, Watsons, and the Eversholt Rail Group. Early this year, he announced his plans to retire as chairman this coming May.

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JACK MA


Net Worth: $38.9 billion

Jack Ma is one of the wealthiest people in the world. The former English teacher co-founded Chinese e-commerce site Alibaba with just $60,000 startup. He has since become the co-founder and executive chairman of the group. It’s been widely reported that Alibaba’s sales surpass those of Amazon and eBay, combined.

MUKESH AMBANI

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Net Worth: $41.5 billion

After his father’s passing, Ambani became the chairman, managing director and largest shareholder of Reliance Industries Limited. His father founded the conglomerate holding company in 1966, and today it’s become a Fortune Global 500 company as well as India's most valuable company. Reliance’s Jamnagar complex is the world's largest oil refinery complex.

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Paolo Chua
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