Who are the top Entrepreneurs in Asia? It’s clear that the rich just keep getting richer after a year of living through a global pandemic.
A glimpse of the journey of a business tycoon is starting a business in a small room and seeking investors, working hard to achieve goals, creating milestones, and finally grasping success. Through their hard work, impressive skills, and innovative ideas, they have achieved great success.
Let’s take a look at the successful Entrepreneurs in Asia who have contributed greatly to Asia’s success.
1. Mukesh Ambani
Net Worth: $50.4 bn
Location: India
In the list of entrepreneurs in Asia, Mukesh Ambani is ranked number one. Currently, he serves on the board of Reliance Industries, which specializes in oil and gas refineries, petrochemicals, and other activities in the petroleum and petrochemical sectors. Additionally, Ambani is a business pioneer. Through several ventures, he has diversified his reach in the Indian market. Among Mukesh Ambani’s accolades are awarded from Ernst & Youngs India, India Leadership Conclave and Indian Affairs Business Leadership Awards, Harvard Business Review, and Asia Society, among others.
2. Kwok
Net Worth: $38 bn
Location: Hong Kong
Kwok Tak-Seng founded Sun Hung Kai Properties, one of Hong Kong’s largest property developers. In Hong Kong, he was a successful businessman. Before this, he worked for Hung Cheong Import & Export Ltd, the Hong Kong agency for YKK Zippers, the world’s largest manufacturer of zips and zippers. Upon his death in 1990, his sons Walter, Thomas, and Raymond assumed control. It is for this reason that he is ranked second on this list of entrepreneurs in Asia.
3. Dhanin Chearavanont
Net Worth: $37.9 bn
Location: Thailand
In 1921, Chia Ek Chor fled his typhoon-ravaged village in southern China and began a new life in Thailand selling vegetable seeds with his brother. Through several technology ventures and contract farming initiatives, their business is also diversified geographically across Asia. He now leads the Charoen Pokphand Group (CP Group) in his father’s footsteps. CP Group’s Senior Chairman and President of the Chearavanont family. In addition, he is one of the most successful entrepreneurs in Asia.
4. Hartono
Net Worth: $32.5 bn
Location: Indonesia
Chinese-Indonesian tobacco billionaire Robert Budi Hartono is Chinese. Djarum is the third-largest maker of clove cigarettes in the world, owned by him. In the wake of his father’s death, he invested in Bank Central Asia. As a result, the family’s fortune now consists almost entirely of that investment.
5. Lee Byung-Chul
Net Worth: $28.5 bn
Location: South Korea
Lee Byung-Chul established Samsung in 1938 as a fruit, vegetable, and fish trading company. A year after setting up Samsung Electronics, he became the world’s biggest maker of memory chips and smartphones. In 1987, Lee Kun-hee, his third son, took over the company. In 2014, Jay Y. Lee, his son, also became Samsung’s leader after his father suffered a heart attack.
6. Yoovidhya
Net Worth: $24.5 bn
Location: Thailand
A successful businessman and investor in Thailand, Chaleo Yoovidhya. In the West, he created the energy drink Krathing (or Krating) Daeng (“Red Gaur”), in which Red Bull was trademarked. His berry-flavored energy drink, which contained caffeine, glucuronolactone (a carbohydrate), and taurine (an amino acid) was also developed in the 1960s by TC Pharmaceuticals.
7. Mistry
Net Worth: $21.1 bn
Location: India
The grandfather of Pallonji Mistry started a construction business with an Englishman in 1865. In addition to engineering and construction, Shapoorji Pallonji Group is now active in diverse business areas. A member of the Shapoorji Pallonji Group, he also owns Shapoorji Pallonji Construction Limited, Forbes Textiles, and Eureka Forbes Limited.
8. Henry Sy
Net Worth: $20.9 bn
Location: Philippines
In the Philippines, Henry Sy is best known as a Chinese Filipino philanthropist and business magnate. In 1958, he opened his first shoe store after moving to the Philippines at age 12 and helping his father sell rice, sardines, and soap. Throughout his life, he built ShoeMart into SM Investments, one of the Philippines’ biggest conglomerates that own 77 SM malls, 62 department stores, 56 supermarkets, and more than 200 grocery stores.
9. Chirathivat
Net Worth: $20.3 bn
Location: Thailand
Tos Chirathivat is the CEO of Central Group, one of Thailand’s largest family-owned business groups. With over 50 subsidiaries, Central Group is also now Thailand’s largest private commercial conglomerate. Chirathivat served in various positions at the Robinson department store, Big C Super Center, and B2S Company Ltd. before joining Central Group as CEO.
10. Kadoorie
Net Worth: $18.5 bn
Location: Hong Kong
As a young man, Ellis Kadoorie worked for the Sassoons, a prominent family of the Jewish diaspora in Baghdad, before he moved to Hong Kong with his brother. In the years that followed, the brothers set up a brokerage and acquired stakes in facilities such as banking, real estate, and power generation. Elly’s grandson Michael now chairs both businesses.
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