Bangladesh has witnessed remarkable economic growth over the past few decades, leading to the emergence of several successful entrepreneurs and business magnates. In this article, we will delve into the lives and achievements of the top 10 richest men in Bangladesh.
Top 10 Billionaires and Richest Persons in Bangladesh 2024
Top 10 Billionaires and Richest Persons in Bangladesh 2024 :
It’s important to assess the role of the billionaire’s Richest Person in Bangladesh in its economic growth. While billionaires are not a prerequisite for a country’s economic development, they can play a significant role in creating jobs, boosting investments, and driving innovation. In Bangladesh, the lack of billionaires may be attributed to various factors, including a weak startup ecosystem, limited access to capital, and a less favorable business environment.
Top 10 Billionaires and Richest Persons in Bangladesh 2024
01. Moosa Bin Shamsher :
Moosa Bin Shamsher is a Bangladeshi businessman who claims to be an international arms dealer and power broker. He founded DATCO Group, a manpower recruitment firm. Moosa claims to have made billions of dollars trading arms in the 1970s and 1980s, but the Anti-Corruption Commission of Bangladesh has accused him of misleading the agency about his wealth and business dealings.
Moosa’s net worth is unknown, but he has claimed to have roughly US$12 billion and US$10 million worth of diamonds frozen in his Swiss bank accounts. He also claimed to own around 1,200 bighas (roughly 400 acres) of land in Savar and Gazipur. Some people believe that Moosa is exaggerating his wealth, but there is no doubt that he is a wealthy man whose business dealings have had a significant impact on the political and economic landscape of Bangladesh
Business: DATCO Group, Arms Dealer
Net Worth: $12 billion
Born: 15 October 1945
Wife: Kaniz Fatema
Son: Bobby Hajjaj, Zubi Moosa
Top 10 Billionaires and Richest Persons in Bangladesh 2024
02. Salman F. Rahman
Salman F. Rahman is a Bangladeshi businessman and politician. He is the vice chairman of Beximco Group, one of the largest conglomerates in Bangladesh. He is also the Private Sector Development Adviser to the Prime Minister of Bangladesh, Sheikh Hasina.
Rahman was born in 1951 and graduated from the University of Karachi. He started his career in the textile industry and later expanded into other sectors, such as pharmaceuticals, energy, and banking. Rahman is estimated to have a net worth of $2 billion. He is married and has two children.
Business: Beximco Group
Net Worth: $2 billion
Born: May 23, 1951
Wife: Syeda Rubaba Rahman
Son: Ahmed Shayan Fazlur Rahman
03. Tarek Rahman :
Tarek Rahman is a Bangladeshi businessman and politician. He is the eldest son of former President Ziaur Rahman and former Prime Minister Khaleda Zia. Rahman is the chairman of the Bangladesh Nationalist Party (BNP) and the chief of the opposition in the Jatiya Sangsad (National Parliament).
He was born in Karachi, Pakistan in 1967 and studied at the University of Dhaka and the London School of Economics. Rahman entered politics in the early 1990s and was elected to the Jatiya Sangsad in 1996. He has been a vocal critic of the Awami League government and has been accused of corruption and money laundering. Rahman’s net worth is estimated to be around $1.7 billion.
Business: Politics
Net Worth: $1.7 Billion
Born: November 20, 1967
Wife: Zubaida Rahman
Daughter: Zaima Rahman
04. Sajeeb Wazed joy
Sajeeb Wazed Joy is the son of former Prime Minister Sheikh Hasina and the current ICT Adviser to the Prime Minister of Bangladesh. He is also the chairman of the ICT company, Synapse.
Joy was born in the United States in 1971 and studied at Stanford University and Harvard University. He returned to Bangladesh in 2008 and entered politics. He was elected to Parliament in 2014 and became the ICT Adviser in 2019. Joy is estimated to have a net worth of $1.5 billion, making him the richest man in Bangladesh.
Business: Politics, IT
Net Worth: $1.5 Billion
Born: 27 July 1971
Wife: Kristine Overmire Wazed
Daughter: Sophia
05. Sayeed Abul Hossain :
Sayeed Abul Hossain is the chairman and managing director of the Apex Group, one of the largest conglomerates in Bangladesh. He is also the chairman of the Bangladesh Association of Pharmaceutical Industries (BAPI).
Hossain was born in 1950 and graduated from the University of Dhaka. He started his career in the pharmaceutical industry and later expanded into other sectors, such as real estate, shipping, and telecommunications. Hossain is estimated to have a net worth of $1.2 billion, making him the richest man in Bangladesh.
Business: Politic
Net Worth: $1.2 Billion
Born: 1 August 1951
Wife: Khwaja Nargis Hossain
Daughter: Syeda Rubaiyat Hossain, Syeda Iffat
06. Muhammad Aziz khan
Muhammed Aziz Khan is the Founder and Chairman of Summit Power International Limited and Summit Holdings Ltd, overseeing Bangladesh’s largest infrastructure conglomerate with 6,000 employees. The group’s investments span energy, ports, logistics, and IT. Under Khan’s guidance, Summit pioneered Bangladesh’s first Independent Power Plant in 1998, operating 20 plants with a 3,000 MW capacity, including a 500 mmcf/d Floating Storage and Regasification Unit. The group also introduced the nation’s premier private off-dock port, Summit Alliance Ports Limited, handling substantial export and import volumes. Summit Communications Limited established a nationwide fiber-optic network, connecting Bangladesh to India, Singapore, and Europe.
Business: Summit Group
Net Worth: $1.1 Billion ( Listed in Forbes)
Born: 1955 (age 68 years)
Children: Three daughters
07. Ahmed Akbar Sobhan
Ahmed Akbar Sobhan is the chairman of the Bashundhara Group, one of the largest conglomerates in Bangladesh. He is also the chairman of the Bangladesh Association of Chambers of Commerce and Industry (BACCI).
Sobhan was born in 1944 and graduated from the University of Dhaka. He started his career in the shipping industry and later expanded into other sectors, such as real estate, media, and telecommunications. Sobhan is estimated to have a net worth of $1 billion, making him the richest man in Bangladesh.
Business: Bashundhara Group
Net Worth: $1 Billion
Born: 15 February 1952
Wife: Afroza Begum
Son: Anvir, Tasvir, Tanvir, Sanvir
08. Giasuddin Mamun
Giasuddin Mamun is the former chairman of the Meghna Group, one of the largest conglomerates in Bangladesh.
He was born in 1950 and graduated from the University of Dhaka. He started his career in the textile industry and later expanded into other sectors, such as cement, steel, and power. Mamun was the richest man in Bangladesh for several years, with an estimated net worth of $420 million. However, his net worth has since declined due to the financial crisis and the global recession.
Business: Politics, Channel 1
Net Worth: $420 Million
Wife: Shahina Yasmin
Son: Jawwad Mamoon
Daughter: Fabia Mamoon, Jannat Mamoon
09. Dr. Muhiuddin Khan Alamgir
Top 10 Billionaires and Richest Persons in Bangladesh 2024
Dr. Muhiuddin Khan Alamgir is a Bangladeshi economist, civil servant, and politician. He is a Jatiya Sangsad member representing the Chandpur-1 constituency since 2008, and was Minister of Home Affairs from 2011 to 2013. Alamgir was born in Kachua, Chandpur in 1942. He completed his master’s in economics from the University of Dhaka and later earned his master’s and Ph. D. in development economics from Boston University.
Alamgir is a successful economist and politician, but he is not a billionaire. His net worth is estimated to be around $400 million. This makes him a wealthy man, but not the richest man in Bangladesh.
Business: Politics
Net Worth: $400 Million
Born: 01 Mar 1942
Wife: Sitara Alamgir
Son: Jalal Alamgir
10. Ragib Ali
Ragib Ali is a Bangladeshi businessman and the founder of the Apex Group, one of the largest conglomerates in Bangladesh. He is also the chairman of the Bangladesh Association of Pharmaceutical Industries (BAPI).
Ali was born in 1950 and graduated from the University of Dhaka. He started his career in the pharmaceutical industry and later expanded into other sectors, such as real estate, shipping, and telecommunications. Ali is estimated to have a net worth of $270 million, making him the richest man in Bangladesh.
He started his career with a small pharmaceutical company and built it into a major player in the industry. He then expanded into other sectors, taking advantage of opportunities in the growing Bangladeshi economy. Ali is also a shrewd investor and has made some wise investments in the stock market.
Net Worth: $290 Million
Born: 10 October 1938
Wife: Rabeya Khatun Chowdhury
Son: Syed Abdul Hye
Daughter: Rujina Kadir
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Top 10 Billionaires and Richest Persons in Bangladesh 2024