Richest Man in Bangladesh 2024 – Top 10 [with Net Worth]

Richest Man in Bangladesh 2024

Top 10 Richest Man in Bangladesh 2024

Bangladesh is a rapidly developing country with a burgeoning economy. With this economic growth comes a wave of successful entrepreneurs and businessmen, who have managed to amass substantial wealth through their hard work, innovation, and determination. In 2024, the top 10 richest men in Bangladesh are poised to continue their meteoric rise to the pinnacle of success.

1. Moosa Bin Shamsher ($12 Billion)

Moosa Bin Shamsher is a well-known business magnate in Bangladesh and is the wealthiest man in the country, with a net worth of $12 billion as of 2024. He is the founder of DATCO Group, a conglomerate with diversified business interests in industries such as aviation, media, real estate, and energy. He also owns a private jet and a fleet of luxury cars.

Moosa Bin Shamsher is known for his philanthropic work and has established several charitable organizations to help the less fortunate in Bangladesh. He has also been awarded numerous accolades for his contributions to the business world and society at large.

2. Tarek Rahman ($ 1.5 Billion)

Tarek Rahman is the son of the late former Prime Minister of Bangladesh, Khaleda Zia, and the owner of the conglomerate, BEXIMCO Group. The company is one of the largest private sector enterprises in Bangladesh, with interests in textiles, pharmaceuticals, ceramics, and real estate.

Under Tarek Rahman’s leadership, BEXIMCO Group has become a major player in Bangladesh’s economy, and his personal net worth is estimated to be around $1.5 billion in 2024. Tarek Rahman is also known for his contributions to the cultural and social development of Bangladesh, as well as his philanthropic efforts.

3. Salman F. Rahman ($ 1.3 Billion)

Salman F Rahman is a Bangladeshi businessman and politician with an estimated net worth of $1.3 billion as of 2024. He is the co-founder of the BEXIMCO Group and also serves as a senior vice-chairman of the company.

Salman F Rahman is also involved in politics and is a member of the Bangladesh Awami League. He has served as the advisor to the Prime Minister of Bangladesh on private industry and investment and played a vital role in promoting foreign investment in the country.

Aside from his business and political pursuits, Salman F Rahman is also an advocate for the development of Bangladesh’s infrastructure, education, and healthcare. He has established several charitable organizations to provide aid to those in need and improve the overall standard of living in the country.

4. Sajeeb Wahed Joy ($1 Billion)

Sajeeb Wazed Joy, also known as Joy, is a Bangladeshi-American computer scientist and political adviser. As of 2024, he is estimated to have a net worth of $1 Billion. Joy is the only son of the current Prime Minister of Bangladesh, Sheikh Hasina, and her husband, the late M. A. Wazed Miah. He played a key role in the Awami League’s landslide victory in the 2018 general election, serving as the party’s campaign strategist.

Joy has been a strong advocate for the development of Bangladesh’s technology sector, and has played an instrumental role in promoting the country’s ICT industry. He is also the founder of the Center for Research and Information (CRI), a non-profit organization that aims to promote socio-economic development in Bangladesh. In addition, he has been actively involved in various philanthropic initiatives, such as providing aid to Rohingya refugees in Bangladesh.

5. Sayeed Abul Hossain ($ 1 Billion)

Sayeed Abul Hossain is a prominent businessman and industrialist in Bangladesh, with a net worth of $1 Billion as of 2024. He is the chairman of the Bangladesh Export Import Company (BEXIMCO), a leading conglomerate in the country with business interests in pharmaceuticals, textiles, and other industries. Under his leadership, BEXIMCO has become one of the largest exporters of pharmaceuticals in Bangladesh and has also expanded into international markets.

Hossain is also actively involved in various social and philanthropic initiatives. He has established the Sayeed Abul Hossain Foundation, which focuses on providing healthcare, education, and other forms of support to underprivileged communities in Bangladesh. In recognition of his contributions to the country’s economy and society, Hossain has received numerous awards and accolades over the years.

6. Ahmed Akbar Sobhan ($ 500 Million)

Ahmed Akbar Sobhan, also known as Shah Alam, is a billionaire businessman and the founder of the Bashundhara Group, one of the largest conglomerates in Bangladesh. As of 2024, he has a net worth of $500 million, making him one of the wealthiest individuals in the country. The Bashundhara Group has business interests in a wide range of industries, including real estate, cement, paper, and energy.

Sobhan is also involved in various philanthropic initiatives, such as providing support to underprivileged communities in Bangladesh. In addition, he has been actively involved in sports and cultural activities and has played a key role in promoting cricket in the country. Sobhan has received numerous awards and recognition for his contributions to Bangladesh’s economy and society, including the prestigious Independence Day Award in 2022.

7. Giasuddin Mamun ($ 400 Million)

Giasuddin Mamun is a prominent Bangladeshi businessman who is the founder and chairman of DBL Group. The conglomerate has a diverse range of businesses, including textiles, cement, and real estate. Under Mamun’s leadership, DBL Group has become one of the leading industrial conglomerates in Bangladesh, with a focus on sustainable business practices. In addition to his business activities, Mamun is also known for his philanthropic work. He has built several hospitals, schools, and mosques, and supports a range of social initiatives through his Giasuddin Mamun Foundation.

8. Dr. Muhiuddin Khan Alamgir ($ 400 Million)

Dr. Muhiuddin Khan Alamgir is a successful businessman and former politician in Bangladesh. He made his fortune through his various business ventures, including real estate, textiles, and energy. He is also the founder and chairman of a private university, the Britannia University, in the city of Cumilla. Alamgir has served in the Bangladeshi parliament and held several ministerial posts, including Minister of Home Affairs. He is also involved in various social and charitable activities, supporting education and healthcare initiatives in his constituency and beyond.

9. Ragib Ali ($ 250 Million)

Ragib Ali is a prominent Bangladeshi businessman and philanthropist. He made his fortune through his various business ventures, including pharmaceuticals, textiles, and real estate. Ali is the chairman of the Asiatic Group, which has interests in several industries such as healthcare, textiles, and financial services. In addition to his business activities, Ali is involved in various social and charitable activities, supporting education and healthcare initiatives in Bangladesh. He has established several hospitals, schools, and charitable foundations, including the Ragib Ali Foundation.

10. Iqbal Ahmed ($ 250 Million)

Iqbal Ahmed is a successful Bangladeshi-British businessman who made his fortune in the food industry. He is the founder and chairman of the Seamark Group, which is involved in seafood processing, real estate, and telecommunications. Ahmed has been recognized for his contributions to the British economy and was awarded the prestigious Order of the British Empire (OBE) in 2012. He is also involved in various charitable and social initiatives, supporting education, healthcare, and disaster relief efforts in Bangladesh and the UK. Ahmed is the founder of the Iqbal Ahmed Foundation, which supports a range of charitable causes.

Who is the Top Richest Person in Bangladesh 2024?

Moosa Bin Shamsher is one of the most well-known and controversial figures in Bangladesh. He is often referred to as the “richest man in Bangladesh” due to his vast wealth, estimated to be over $12 Billion.  Shamsher was born in 1948 in Dhaka, the capital of Bangladesh. He grew up in a middle-class family and began his career in the 1960s as a stockbroker. In the years that followed, he made a series of shrewd investments in a wide range of industries, including textiles, real estate, and telecommunications.

However, it was his involvement in the arms trade that made Shamsher a household name in Bangladesh. In the 1990s, he was accused of smuggling weapons into the country, and his reputation was further tarnished when he was arrested in Thailand in 1996 on charges of arms trafficking. He was later released after paying a substantial fine, but the incident only added to his notoriety.

Despite his controversial past, Shamsher remains a major player in the Bangladeshi economy. He owns a wide range of companies, including the Dhaka Tobacco Company, the Dhaka Transport Company, and the Dhaka Power Company. He is also a philanthropist and has donated substantial sums of money to various charitable causes in Bangladesh. Shamsher is known for his lavish lifestyle, and he is often seen driving expensive cars and wearing designer clothing. He has also made headlines for his extravagant parties, which have included performances by international celebrities such as Jennifer Lopez and Michael Jackson.

However, his extravagant lifestyle has also drawn criticism from some quarters, who argue that he has not done enough to address the poverty and inequality that are pervasive in Bangladesh. In conclusion, Moosa Bin Shamsher is undoubtedly one of the most influential and controversial figures in Bangladesh. While his wealth and business acumen are widely admired, his involvement in the arms trade and his extravagant lifestyle have also attracted criticism. Nevertheless, his impact on the Bangladeshi economy is undeniable, and he remains a major player in the country’s business world.

Who are Some Other Richest Men in Bangladesh?

1. MA Hashem: MA Hashem is the chairman and founder of the Partex Group, a conglomerate with interests in textiles, real estate, and food processing. The group is one of the largest private sector employers in Bangladesh, with over 60,000 employees. Hashem is also involved in various charitable and social initiatives, supporting education, healthcare, and disaster relief efforts in Bangladesh. According to Forbes, Hashem has an estimated net worth of $1.2 billion.

2. Mirza Salman Hossain Beg: Mirza Salman Hossain Beg is the founder and chairman of the PHP Group, a leading industrial conglomerate in Bangladesh. The group has interests in real estate, textiles, and energy. Beg is also involved in various social and charitable initiatives, supporting education and healthcare initiatives in Bangladesh. According to Forbes, Beg has an estimated net worth of $1.1 billion.

3. Anis Ahmed: Anis Ahmed is the founder and chairman of the Gemcon Group, a conglomerate with interests in real estate, textiles, and telecommunications. The group is one of the largest private sector employers in Bangladesh, with over 30,000 employees. Ahmed is also involved in various social and charitable initiatives, supporting education and healthcare initiatives in Bangladesh. According to Forbes, Ahmed has an estimated net worth of $800 million.

4. Abdul Monem: Abdul Monem is the founder and chairman of the Abdul Monem Group, a conglomerate with interests in construction, engineering, and food processing. The group is one of the largest private sector employers in Bangladesh, with over 10,000 employees. Monem is also involved in various charitable and social initiatives, supporting education and healthcare initiatives in Bangladesh. According to Forbes, Monem has an estimated net worth of $700 million.

5. AK Azad: AK Azad is the founder and chairman of the Ha-Meem Group, a leading garment manufacturing company in Bangladesh. The group has over 50,000 employees and exports clothing to several countries around the world. Azad is also involved in various social and charitable initiatives, supporting education, healthcare, and disaster relief efforts in Bangladesh. According to Forbes, Azad has an estimated net worth of $400 million.

6. Kutubuddin Ahmed: Kutubuddin Ahmed is the founder and chairman of the ACI Group, a leading industrial conglomerate in Bangladesh. The group has interests in pharmaceuticals, consumer goods, and agriculture. Ahmed is also involved in various charitable and social initiatives, supporting education and healthcare initiatives in Bangladesh. According to Forbes, Ahmed has an estimated net worth of $300 million.

7. Abdul Awal Mintoo: Abdul Awal Mintoo is the chairman of the Nitol-Niloy Group, a conglomerate with interests in automobiles, real estate, and agriculture. The group is one of the largest private sector employers in Bangladesh, with over 30,000 employees. Mintoo is also involved in various charitable and social initiatives, supporting education and healthcare initiatives in Bangladesh. According to Forbes, Mintoo has an estimated net worth of $200 million.

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