A proverb goes, “Money can’t buy happiness.” While there is a debate in this regard, having a lot of money can surely reward you with the title of ‘millionaire’ or ‘billionaire,’ and the titles go on to the next level. On another note, much of the top billionaires’ wealth is wrapped up in public equity, and their net worth can shift a lot from year to year. Based on these evident possibilities, the world’s wealthiest person list can vary from year to year, depending on their latest net worth and financial performance. Based on real-time, here is the latest list of the world’s top 10 wealthiest persons.
Please Note: The InCAP offers this list of top 10 Richest Person in Asia of 2021. It’s an analysis of the International Corporate Association of Professionals (InCAP), so there is no opportunity for debate centering on this ranking.
Born: October 5, 1942 (age 79 years), Shunde District, Foshan, China
Organization Founded: Midea Group
One of China’s major appliance manufacturers, Midea, was co-founded by He Xiangjian. His net worth was assessed to be $32.1 billion by Bloomberg Billionaires Index in September 2021, putting him in 51st place in the index. The company is founded by He Xiangjian that has grown to become one of the world’s largest appliance manufacturers. In 1968, he organized a group of 23 citizens from Beijiao to establish Midea. Midea Group, whose stock is traded on the Shenzhen Stock Exchange, now has over 200 subsidiaries, including Kuka, a robotics company based in Germany. In 2012, he retired from the company’s activities. He Jianfeng, his son, is a Midea Group and Midea Real Estate Holding director.
Born: 1970 (age 51 years), Shanghai, China
Organization Founded: S.F. Express
S. F. Holding, better known as S.F. Express is chaired by Wang Wei. It is a package transportation service regarded as the “FedEx of China.” The firm received China’s first drone delivery license in March 2018. S.F. was created in 1993 in Shunde, Guangdong Province, with Wang owning around 60% of the company. In early 2017, Wang took the package delivery company public via a reverse merger on the Shenzhen Stock Exchange. His net worth was assessed to $30.6B in 2021.
Born: February 7, 1949 (age 72 years), Chuocho, Ube, Yamaguchi, Japan
Organization Founded: Fast Retailing, Uniqlo (parent company)
Tadashi Yanai is the founder and also president of Fast Retailing, the parent company of Uniqlo, a Japanese billionaire businessman. Bloomberg Billionaires Index stated that he was the wealthiest person in Japan as of October 2021, with an estimated net worth of US$33.4 billion and the 40th richest person in the world.
Born: August 11, 1957 (age 64 years), Tosu, Saga, Japan
Organization Founded: Softbank
Masayoshi Son is a Japanese technology entrepreneur, investor, and philanthropist worth billions of dollars. He became a Japanese citizen in 1990 after becoming a third-generation “Zainichi Korean.” He is the creator, chairman, and CEO of Japanese holding company SoftBank and the CEO of SoftBank Mobile, and the chairman of UK-based Arm Holdings. Despite losing the most significant money in history (roughly $70 billion during the dot com crash of 2000), the Bloomberg Billionaires Index estimated Son’s net worth to be US$23.1 billion in October 2021, making him the second richest man in Japan and the 68th richest person in the world. According to Forbes Magazine’s list of the world’s most influential people, Son is the 45th most powerful person on the planet. Previously, Son was ranked 32nd on Forbes’ list of The World’s Billionaires 2020.
Born: September 10, 1964 (age 57 years), Hangzhou, China
Organization Founded: Alibaba Group
Alibaba Group, a multinational technology conglomerate founded by Jack Ma, and also co-founded the private equity business in Yunfeng. He is a staunch supporter of a market-driven, open economy. As a result, he came in second place on Fortune’s annual “World’s 50 Greatest Leaders” list. As of 2021 in October, he has a net worth of $42.3 billion. Ma is China’s fourth wealthiest person (after Zhong Shanshan, Ma Huateng, and Zhang Yiming), as well as one of the world’s richest persons (ranked 32nd by Bloomberg Billionaires Index).
Born: January 1, 1980 (age 41 years), Hangzhou, China
Organization Founded: Pinduoduo
Colin Huang, also popularly known as Huang Zheng, is the former chairman of Pinduoduo, one of China’s leading e-commerce platforms. Pinduoduo, that has been raised $1.6 billion in a July 2018 IPO in the US, despite backlash over its alleged sale of counterfeit goods. He is a serial entrepreneur, previously launched Xinyoudi, an online game company, and Ouku.com, an online e-commerce platform. Huang interned with Microsoft in Beijing and Seattle before joining Google in the United States in 2004. In 2021, his net worth was valued at $33.1B.
Born: October 29, 1971 (age 50 years), Chaoyang, Shantou, China
Organization Founded: Tencent, Tencent Indonesia
Mr. Ma Huateng is a Chinese business tycoon worth billions of dollars. He founded Tencent and became its chairman, and CEO which is now one of Asia’s most valuable corporations, one of the world’s largest Internet and technology companies, and one of the world’s most significant investment, gaming, and entertainment conglomerates. WeChat is China’s most popular mobile instant texting program, and was developed by the firm. Its subsidiaries provide media, entertainment, payment systems, smartphones, internet-related services, value-added services, and online advertising services in China and worldwide. According to Real Times Billionaires – Forbes, he has a net worth of US$46 billion as of September 2021.
Born: December 1954 (age 67 years), Zhuji, Shaoxing, China
Organization Founded: Nongfu Spring, Wantai
Nongfu Spring is a bottled water company that went public in Hong Kong in September 2020, and is chaired by Zhong Shanshan. During China’s turbulent Cultural Revolution, Zhong, a Hangzhou native, dropped out of elementary school. Prior to launching his firm, he worked as a construction worker, a newspaper reporter, and a beverage sales representative. Beijing Wantai Biological Pharmacy, which went public on the Shanghai Stock Exchange in April 2020, is likewise under Zhong’s ownership. He has a net worth of $79.6B as of 2021.
Born: June 24, 1962 (age 59 years), Ahmedabad, India
Organization Founded: Adani Group
Gautam Shantilal Adani is a millionaire businessman from India. He is the founder and chairman of the Adani Group, a multinational company based in Ahmedabad specializing in port development and operations in India. He also serves as the president of the Adani Foundation, which his wife, Priti Adani, runs. He did, however, form the Adani Group in 1988 and expanded his firm into areas such as resources, logistics, energy, agriculture, defense, and aerospace. According to Forbes, as of December 8, 2021, his net worth is predicted to be over US$79.6 billion. He was Asia’s second-richest man and the world’s 13th richest man.
Born: April 19, 1957 (age 64 years), Aden, Yemen
Organization Founded: Reliance Industries Ltd.
Mukesh Dhirubhai Ambani is an Indian businessman who is the chairman, managing director, and significant shareholder of the company named Reliance Industries Ltd. (RIL), a Fortune Global 500 corporation and the most valuable firm in India by market value. Forbes claimed that he is the wealthiest Man in Asia with having a net worth of US$90 billion and the 11th richest person in the world as of December 2, 2021.
