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Top 10 Richest People In Asia In 2024

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Asia is home to some of the globe’s richest people, with fortunes built across a wide spectrum of industries, including technology, telecommunications, real estate, and e-commerce.

This article gives you a summary of the wealthiest people in Asia for 2024, according to Forbes India.

Mukesh Ambani (India, $113.5 billion)

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Mukesh Ambani chairs and manages Reliance Industries Limited, India’s most valuable company by market value, which operates in refining, petrochemicals, retail, and telecommunications. Forbes has consistently named Ambani as India’s wealthiest individual for the last decade.

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Gautam Adani (India, $85.7 billion)

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Gautam Adani leads the Adani Group, a $81 billion conglomerate involved in ports, airports, energy, and green projects. Since beginning as a trading firm in 1988, he has become one of Asia’s wealthiest individuals.

Adani has demonstrated his expertise as India’s leading airport operator and manager of Gujarat’s major Mundra Port. His strategic purchase of Holcim’s Indian assets in 2022 also elevated him to the position of India’s second-largest cement producer.

Prajogo Pangestu (Indonesia, $61.8 billion)

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Prajogo Pangestu, Indonesia’s wealthiest individual, made his fortune primarily in energy and petrochemicals. Starting with timber, his company, PT Barito Pacific, has expanded significantly into Indonesia’s plastics manufacturing, mining, and energy sectors.

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Pangestu’s wealth surged in 2023 with the initial public offerings of his companies, Petrindo Jaya Kreasi and Barito Renewables Energy, marking their entry into the stock market.

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Zhong Shanshan (China, $59.3 billion)

Zhong Shanshan, the founder of Nongfu Spring, a prominent bottled water company, is Asia’s third-richest person and the wealthiest in China. Nongfu Spring has grown to become one of China’s largest beverage companies, offering a wide array of products, including water, juice, and tea.

Colin Zheng Huang (China, $50.7 billion)

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Colin Huang, the founder of PDD Holdings (formerly Pinduoduo), a major Chinese e-commerce giant, still holds a substantial ownership stake of around 28% in the company despite stepping down as chairman. He has expanded his interests into online gaming with Xinyoudi and launched another e-commerce platform, Ouku.com.

Zhang Yiming (China, $43.4 billion)

Zhang Yiming, the visionary behind the Chinese tech giant ByteDance, is most renowned for creating the immensely popular app TikTok, which boasts over 1 billion users globally. As of March 2023, he holds a two percent stake in ByteDance.

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However, uncertainty looms over its value due to potential US bans on TikTok, following recent legislative actions granting the US government authority to pursue such measures. Apart from TikTok’s fame, ByteDance is involved in various sectors, including news, education, and gaming.

Savitri Jindal & family (India, $41.2 billion)

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Savitri Jindal, widow of founder Om Prakash Jindal, now chairs the Jindal Group, which encompasses steel, power, cement, and infrastructure sectors. Following OP Jindal’s passing, the group’s companies were divided among their sons and now operate independently.

Her son Sajjan Jindal, based in Mumbai, oversees the group’s most significant assets. Savitri Jindal not only ranks among Asia’s wealthiest individuals but also holds the distinction of being India’s richest woman. She continues her late husband’s legacy of community support through contributions to education, healthcare, and other sectors.

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Ma Huateng (China, $40.4 billion)

Ma Huateng, also known as Pony Ma, founded and chairs Tencent Holdings, a leading Chinese technology company. Beginning his career in the tech industry, Ma established Tencent in 1998. The company is renowned for its expertise in social media, e-commerce, and gaming.

Tadashi Yanai and Family (Japan, $36.8 billion)

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Tadashi Yanai is the founder and chairman of Fast Retailing, a prominent clothing company headquartered in Tokyo that owns Uniqlo stores. Fast Retailing also controls other brands such as Theory, Helmut Lang, J Brand, and GU. Uniqlo, its primary brand, operates over 2,400 stores in 25 countries, solidifying Tadashi’s position among Asia’s top 10 richest individuals.

Li Ka-shing (Hong Kong, $35.4 billion)

At the age of 21 in 1950, Li Ka-Shing launched Cheung Kong Plastics with $6,500 saved and borrowed from relatives, named after a river. His philanthropic efforts through the Li Ka Shing Foundation have been substantial, donating over $3.8 billion to various causes, particularly in Greater China.

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 ‘Pioneer Of Cable TV News’: Key Facts About CNN Founder, Ted Turner

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Ted Turner, the media businessman who founded CNN died at the age of 87. He died peacefully on Wednesday, surrounded by family, according to Turner Enterprises.

Contents

Launched 24-hour news television

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Built a media network

Expanded through sports

Recognition and influence

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Philanthropy and global causes

Environmental efforts

Health and later years

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Early career path

Leadership and legacy

Personal life

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Exit from business

Family

Below are key facts about his life and impact:

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Launched 24-hour news television

Turner founded CNN on June 1, 1980, introducing the first 24-hour news channel and changing how audiences follow global events.

READ ALSO:CNN To Layoff 200 Staff Amid Attempts To Modernise Business

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Built a media network

He moved from billboards into broadcasting, turning an Atlanta TV station into a national superstation in 1976. His business later grew to include CNN International, TNT, Turner Classic Movies and Cartoon Network.

Expanded through sports

Turner invested in sports broadcasting and owned teams including the Atlanta Braves and the Atlanta Hawks, using television to reach wider audiences.

Recognition and influence

In 1991, he was named Time magazine’s Man of the Year for his role in shaping modern news coverage.

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Philanthropy and global causes

He founded the United Nations Foundation and supported campaigns against nuclear weapons. In 1997, he pledged $1 billion to the United Nations.

READ ALSO:CNN President, Jeff Zucker Resigns After Failing To Disclose Secret Affair With Colleague

Turner supported conservation work, including reintroducing bison in the United States, and backed environmental education through the “Captain Planet” cartoon.

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Health and later years

In 2018, Turner revealed he had Lewy body dementia. He also recovered from a mild case of pneumonia in early 2025.

Early career path

He took over his father’s billboard company at 24 after his father’s death and later expanded into radio and television, despite limited experience in journalism.

I worked until 7 o’clock, and when I got home the news was over,” he once said. “So I missed television news completely. And I figured there were lots of people like me.”

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Leadership and legacy

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Ted was an intensely involved and committed leader, intrepid, fearless and always willing to back a hunch and trust his own judgement,” Mark Thompson, Chairman and CEO of CNN Worldwide, said in a statement. “He was and always will be the presiding spirit of CNN. Ted is the giant on whose shoulders we stand, and we will all take a moment today to recognize him and his impact on our lives and the world.”

Personal life

Turner married actress Jane Fonda in 1991, and they later divorced after 10 years, though they remained close.

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I would never love anyone like I love him,” she said. “But I just couldn’t keep moving in his world, along the surface for the rest of my life. I knew that I would get to the end of my life and regret not doing the things that I also needed to do for me.”

Exit from business

He sold his company to Time Warner in 1996 and later stepped away following its merger with AOL.

Reflecting on his life, Turner once said: “I lost Jane. I lost my job here. I lost my fortune, most of it. Got a billion or two left. You can get by on that if you economize.”

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Family

He is survived by his five children, 14 grandchildren and two great-grandchildren.

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Iran’s Nationwide Internet Shutdown Hits 70 Days

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NetBlocks, a monitoring group, has disclosed that an internet shutdown enforced by the Iranian regime has entered its 70th day, severing key access from swathes of the population under the shadow of war.

NetBlocks reported on Friday that the blackout has now surpassed 1,656 hours, marking more than two months since US-Israeli strikes pounded Tehran and escalated across the Middle East.

“Digital connectivity is vital in times of crisis,” NetBlocks said in a post on X. “Limiting service harms those most in need – people with disabilities, students, small businesses and the general public.”

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According to CNN, Iran imposed a separate internet shutdown on the country’s 92 million people earlier this year, when it launched the most lethal crackdown on anti-government protesters since the Islamic Republic’s founding 47 years ago.

CNN further reports that the latest blackout has cut off another potential lifeline for Iranian residents faced with high unemployment and economic pressure exacerbated by the US-Israeli campaign.

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(CNN)

 

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Gas Prices In US Edge Down After Two Weeks Of Increases

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The cost of a gallon of regular gas in the United States (US) has edged down a little more than a penny to $4.55.

According to AAA’s readings, this marks the first decline in the average gas price after 15 straight days of increases.

The decline is minuscule compared to the large increases in gas prices over the last two weeks.

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According to CNN, gasoline costs rose an average of nearly 4 cents a day during that period and had several daily increases of between 7 and 9 cents.

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Also Read: Trump insists US-Iran ceasefire intact despite recent exchange of fire

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CNN also reports that based on past gas spikes, it will likely take weeks for gas prices to get down below $4 a gallon.

The report, however, states that a previous two-week stretch of gas price declines only shaved 14 cents off the average price, taking the average price to $4.02, before the recent 15-day run of increases.

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According to CNN, it could take months for the average price to fall below $3 per gallon, as it did before the war in Iran.

CNN further reports that only one state – Oklahoma – now has an average price of less than $4 a gallon, and its average stands at $3.98. California has the highest average price at $6.16.

(CNN)

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