The most powerful billionaires in Asia

Li Ka-shing is considered the man who changed the fate of Hong Kong, while Jack Ma is highly appreciated for his vision of global e-commerce.

As Asia grows and plays a larger role in the global economy , its entrepreneurs are also expanding their influence around the world. Mukesh Ambani’s investments in renewable energy or Jack Ma’s vision for global e-commerce are expected to continue to make a difference for years to come.

According to SCMP , below are the most powerful businessmen in Asia. These people not only own large fortunes, but also have diverse business activities and many charitable initiatives that have significant influence in the region.

1. Mukesh Ambani - 87 billion USD

Ambani is the Chairman and largest shareholder of Reliance Industries - India's most valuable company. Mukesh is also the richest person in India and Asia. In 2020, he was in the top 10 richest people in the world .

Reliance has investments in a wide range of sectors, from telecommunications, energy to retail in both rural and urban India. In early 2022, Ambani also announced plans to invest $80 billion in renewable energy.

Through the Reliance Foundation, Ambani has undertaken many philanthropic initiatives in the areas of education, digitalization, natural disaster relief, healthcare and rural development. (Photo: Bloomberg)

2. Zhong Shanshan – 62 billion USD

Zhong is the founder of Nongfu Spring, a bottled water company in China. He is also the founder of vaccine manufacturer Beijing Wantai Biological Pharmacy Enterprise, a major supplier of Covid-19 test kits in China and around the world. The billionaire does charity work in many fields, from education, clean water in rural China, sustainable development and poverty reduction. (Photo: Reuters)

3. Zhang Yiming – 45 billion USD

Zhang is the co-founder and former CEO of ByteDance – the parent company of the short video app TikTok. Zhang is considered a visionary in using artificial intelligence (AI) to create personalized content. He also participates in many charitable activities in China, such as Covid-19 prevention, education support and many environmental initiatives. (Photo: VCG)

4. Gautam Adani - $44 billion

Adani is the Chairman of Adani Group – India’s multi-industry empire with businesses ranging from energy, infrastructure to defense. Most of his wealth was built in the last 3 years, thanks to the transition to green energy and infrastructure. Developing business segments in line with Prime Minister Narendra Modi’s direction has helped Adani’s companies thrive.

In addition to business, Adani is involved in many initiatives related to the environment, education, sustainable development, clean energy, wildlife conservation and Covid-19 prevention. (Photo: Reuters)

5. Li Ka-shing – 38 billion USD

Billionaire Li Ka-shing is known as "Superman" in Hong Kong, famous for his strategic investments and business acumen. He built a business empire through the diversified company CK Hutchison Holdings - operating in many fields, from ports, retail, telecommunications to energy.

Li is considered to have changed the fate of Hong Kong. He also donated a large amount of his wealth to education, health and society. The billionaire retired in 2018 at the age of 90. (Photo: Reuters)

6. Tadashi Yanai – 37 billion USD

Yanai is the founder and CEO of Fast Retailing – the parent company of Uniqlo (Japan). This fashion brand has survived the pandemic and is increasingly famous for its convenient products, long-lasting wear, in many situations and affordable prices.

In addition to business, Yanai is actively involved in many charitable initiatives, such as reducing damage from natural disasters, supporting social security, education, and sustainable development both in Japan and around the world. (Photo: Bloomberg)

7. Pony Ma – 35 billion USD

He is the founder and CEO of Tencent – ​​a multi-industry company in Shenzhen (China) famous for its social media and gaming industries. In 2021, Shanghai Securities News once rated Pony Ma as the person who "rewrote the mobile era" in this country.

Pony Ma is also involved in many charitable and environmental initiatives. He founded the Tencent Foundation in 2007, which focuses on education and supporting disadvantaged groups in China. The Tencent Foundation has spent hundreds of millions of dollars on building schools, providing scholarships and supporting health care programs. (Photo: Reuters)

8. Robin Zeng – 34 billion USD

Robin Zeng is the founder of CATL – one of the world’s largest electric vehicle battery manufacturers. With his large fortune, Zeng has the means to promote the development of clean energy globally.

His philanthropic efforts focus on sustainable development and environmental protection. CATL's battery technology is considered to indirectly contribute to the goal of increasing clean fuel vehicles and reducing CO2 emissions. (Photo: CATL)

9. William Ding – 28 billion USD

Ding is the CEO and founder of NetEase – a Chinese technology company operating in the fields of e-commerce, games and Internet services. He founded the Ding Foundation – supporting educational programs and helping the disadvantaged. The foundation's activities focus on science and technology education. (Photo: Reuters)

10. Jack Ma – 24 billion USD

Jack Ma co-founded Alibaba – one of the world’s largest e-commerce companies. He has always been considered a symbol of China’s success, having gone from an English teacher to one of the world’s richest entrepreneurs. While running Alibaba, he frequently spoke in public and was a high-profile speaker at major international events, such as the World Economic Forum (WEF).

After stepping down as Alibaba chairman in 2019, Jack Ma has focused on various philanthropic projects. Recently, he has frequently traveled abroad to study global food issues. The billionaire once visited a tuna farming laboratory in Japan and went to a university in the Netherlands to learn about sustainable food production. (Photo: Reuters)

Ha Thu (according to SCMP)

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