Top 10 Asia's Richest 2021: Mukesh Ambani, Gautam Adani Surpass Chinese IT Magnates

Mukesh Ambani, chairman of Reliance Industries (RIL), and Gautam Adani, founder of the Adani Group, have surpassed Chinese billionaires and IT tycoons like Jack Ma and Zhong Shanshan in world wealth rankings, making them Asias wealthiest businesspeople.According to Bloomberg figures, Ambani and Adanis fortunes have increased to $84 billion and $78 billion, respectively, making them Asias wealthiest businesspeople. Asias top 10 richest people, as of June 12, 2021Mukesh Ambani: $84.3 billionGautam Adani: $77.0 billionZhong Shanshan: $71.2 billionMa Huateng: $60.1 billionJack Ma: $48.9 billionZhang Yiming: $44.5 billionColin Huang: $43.4 billionZeng Yuqun: $39.1 billionTadashi Yanai: $38.9 billionWilliam Ding: $35.7 billion Ambanis fortune has risen to almost $84 billion, according to the Bloomberg Billionaires Index, making him the worlds 12th richest person. So far in 2021, Ambani has invested $7.62 billion. Mukesh Ambani of the Reliance Group is Asias richest man, with $84.3 billion.Reliance was formed in 1966 as a modest textile firm by his late father, Dhirubhai Ambani, a yarn trader.With the debut of its 4G phone service Jio in 2016, Reliance started a pricing war in Indias hyper-competitive telecom sector.During the Covid-19 siege, Ambani raised more than $20 billion by selling a third of Jio to a group of investors that included Facebook and Google. Adani is second with a $77 billion wealth. Adanis fortune, on the other hand, has risen to $77 billion, with a $43.2 billion increase so far in 2021. According to Bloomberg figures, Adani is the 14th richest person on the planet. Gautam Adani, an infrastructure mogul, owns Indias largest port, Mundra, in his home state of Gujarat. Adani owns Abbot Point, a contentious Australian coal mining project whose Carmichael coal mine is touted as one of the worlds largest.In September 2020, Adani purchased a 74% share in Mumbai International Airport, Indias second busiest. Zhong Shanshan is a rich Chinese businessman. Nongfu Spring, a bottled water company that went public in Hong Kong in September 2020, is chaired by Zhong Shanshan.He is the founder and chairman of Nongfu Spring and the primary shareholder of Beijing Wantai Biological Pharmacy Enterprise. Ma Huateng (also known as Pony Ma) is the chairman of Chinese internet behemoth Tencent Holdings, which is one of the countrys most valuable companies by market capitalization. He is the founder, chairman, and CEO of Tencent, Asias most valuable corporation, one of the worlds largest Internet and technology corporations, as well as one of the worlds largest investment, gaming, and entertainment conglomerates. In December 2018, the companys music-streaming business, Tencent Music, went public on the New York Stock Exchange. Jack Ma Yun is a Chinese business entrepreneur, philanthropist, and investor. Alibaba Group, a multinational technological conglomerate, is his co-founder and former executive chairman. He also co-founded the private equity business Yunfeng Capital. Ma is a staunch supporter of a market-driven, open economy. In September 2019, Alibabas executive chairman, Jack Ma, stepped down and was replaced by CEO Yong Zhang, also known as Daniel Zhang. One of Chinas largest media content platforms, Beijing ByteDance, is chaired by Zhang Yiming. President Trump ordered ByteDance to sell TikToks U.S. businesses in August 2020; a potential deal with Walmart and Oracle is still in the works. Zhangs personal wealth is estimated to be $44.5 billion, according to the Bloomberg Billionaires Index. Zhang Yiming stated on May 20, 2021 that he would be stepping down as CEO of ByteDance at the end of the year and shifting to a new position within the company. Colin Huang, also known as Huang Zheng, is the chairman of Pinduoduo, one of Chinas largest e-commerce platforms. Huang, a serial entrepreneur, previously launched Xinyoudi, an online game company, and Ouku.com, an online e-commerce platform. Pinduoduo raised $1.6 billion in a July 2018 IPO in the United States, despite backlash over its alleged sale of counterfeit goods. Contemporary Amperex Technology (CATL), one of the worlds major providers of batteries for electric vehicles, was founded and is led by Zeng.BMW, Volkswagen, and Geely are among the clients of CATL, which went public on the Shenzhen Stock Exchange in 2017. Tadashi Yanai founded and controls Fast Retailing, the parent company of the Uniqlo apparel chain, which is listed on the Tokyo Stock Exchange.Theory, Helmut Lang, J Brand, and GU are among Fast Retailings other brands.On revenue of $19 billion, the corporation declared a net profit of $853 million for the fiscal year ending August 2020. Netease, one of the worlds leading online and mobile games companies, is led by William Ding.Mojang, a Microsoft company, and Blizzard Entertainment are among Neteases business partners.Faced with stiff competition from Chinese rival Tencent in the games market, Netease expanded into movies, online music, and e-commerce. Names of Richest PeopleFortuneBernard Arnault & Family $186.3 billion Jeff Bezos $186 billion Elon Musk $147.3 billion Bill Gates $125.5 billion Mark Zuckerberg $114.7 billion Warren Buffet $108.7 billion Larry Ellison $102.3 billionLarry Page $100.2 billion Sergey Brin $97.1 billion Amancio Ortega $89 billion ... With a net worth of $194 billion, Amazon founder Jeff Bezos is the wealthiest person on the planet. Following him is LVMH Chief Executive Bernard Arnault, who has a fortune of S173 billion. Elon Musk, the CEO of Tesla, ranks third on the list, with a fortune of over $169 billion.Jeff BezosIn 1994, Jeff Bezos launched e-commerce behemoth Amazon from his Seattle garage. In July 2021, he will step down as CEO and become executive chairman.