As of Tuesday, Asia’s top five billionaires, topped by India’s Mukesh Ambani, had a combined net worth of $371 billion, according to Forbes India.
1. Mukesh Ambani

SONU MEHTA/HINDUSTAN TIMES – GETTY IMAGES
Mukesh Ambani, 67, made his fortune through Reliance Industries, a conglomerate that invests in petrochemicals, telecommunications, retail, and financial services.
His late father, Dhirubhai Ambani, began the company as a tiny textile producer in 1966.
When their father died in 2002, Mukesh and his brother Anil Ambani inherited the firm.
Mukesh presently serves as Reliance’s chairman and managing director.
According to Forbes, Mukesh Ambani is the most rich individual in Asia and India, with a net worth of $112 billion as of May 14.
This year, he ranks as the world’s richest billionaire heir.
2. Gautam Adani
Gautam Adani, 61, is the founder and chairman of Adani Group, an industrial giant in India, according to their website.
According to Forbes, the Adani Group was founded in 1988 as a commodities trading corporation and has since expanded into a variety of sectors, including ports and logistics, electricity generation and transmission, and green energy.
As of August 2022, the conglomerate comprises of seven publicly traded firms with a total market valuation of more than $242.73 billion.
Adani is India’s largest airport operator and administers Mundra Port, the country’s largest port.
His net worth stood at $80.5 billion as of May 14.
3. Zhong Shanshan
Zhong Shanshan, 69, is the founder and chairman of Nongfu Spring, China’s top bottled water supplier, according to Bloomberg.
The company, which was founded in 1996, went public on the Hong Kong Stock Exchange in 2020.
According to its financial papers, the beverage behemoth generated 42.7 billion yuan ($5.9 billion) in revenue last year.
Zhong also has a 74% ownership in Wantai Biological, a vaccine maker.
According to Forbes, Zhong is the richest Chinese billionaire, with a net worth of $67.2 billion as of May 14.
He’s held the title for four years in a row.
4. Prajogo Pangestu
Prajogo Pangestu, 80, began accumulating his fortune in the late 1970s through his timber company, Barito Pacific Timber.
It was then listed and rebranded as Barito Pacific as Pangetsu expanded into other sectors.
Today, his company is a major player in Indonesia’s petrochemical, plastics, mining, and thermal energy industries.
He currently serves as Barito Pacific’s president and commissioner.
As of May 14, Forbes estimated his net worth at $62 billion, making him the richest Indonesian billionaire.
5. Colin Zheng Huang
According to Business Insider, Colin Zheng Huang, 44, became well-known in China after founding Pinduoduo, an e-commerce platform, in 2015.
It was listed on the New York Stock Exchange in July 2018 and will change its name to PDD Holdings in 2023.
Although Huang quit as chairman a few years ago, he still owns approximately 28% of the company’s shares.
Forbes estimates that he has a net worth of $49.5 billion as of May 14.
According to Hurun Research Institute’s Global Rich List 2024, Huang is the top billionaire in China’s technology business.