According to the reports issued by the Forbes, the 2012 richest people of Asia have less collective resources than 2011 list. These reports are maintained based on personal assets, business development and other sources of wealth of people. Some richest persons of Asia are also the part of the list of world’s richest people as well. The business individuals from India and China always remain the part of this list and they are many in number this year. Find the details of their financial resources and net worth in the following paragraphs. These updates are up to March 2012.

Li Ka-Shing:- Li ka-Shing is the richest person of Asia continent with New worth $ 25.5 billion. He is a wealthy executive from Hong Kong. Presently, he is the chairperson of Hutchison Whampoa Limited (HWL) and Cheung Kong Holding; he is the world’s largest operator of container terminals and the largest health and beauty retailer of the world. He is placed on the top position for the first time since 2004. More than 270,000 people works in his organization which is spread over 53 countries.
Mukesh Ambani (India):- Mukesh Ambani currently sits second on the list of Asia’s richest people with $22.3 billion according to Forbes Magazine. Mukesh was born on April 19, 1957 in Aden (City of Yemen). He is the famous Indian business man. He is the owner of reliance industries which is the India’s most valuable company. He was on the top of the list in last year but due to the inflation and ongoing clashes between India’s oil ministry and his organization, he is dropped down to the second place.
Lakshmi Mittal:- Lakshmi Mittal is the third richest person in Asia with a net worth of around US $20.7 billion. He is at the 21st position in Forbes billionaires. He was born on 15th of June 1950 in Sadulpur (India). He is also the richest person in Europe with personal wealth. Mittal is an Indian steel magnate and is the CEO and founder of Arcelor Mittal. He is presently the vice chairperson of the world steel association.
Thomas & Raymond Kwok and family:- Kwok family is the fourth richest party in Asia with $18.3 billion. Kwok also owns interests in telecom smartone-vodafone and city bus operator KMB. The two brothers, Thomas & Raymond were declared the cochairmen of the organization in September last year. Their elder brother is still included in the non-executive panel of the company.
Lee Shau Kee:- He is the fifth richest person in Asia with $18 billion dollar. He is also the second wealthiest person in Hong Kong and greater China Region, Just after Li Ka Shing. He was born on 29 January 1928 in Chin. Since 2006, Lee has accrued extra profits from his holdings of mainland-controlled stocks. This return on investment has earned him nicknames including Hong Kong’s buffet and “Asia’s Master of stock”.
Fouth Richest Prince Alwaleed Bin Talal Alsaud Prince Alwaleed Bin Talal Alsaud:- He is ranked by forbers as the sixth richest person in Asia. Forbes put his worth at US $ 18 billion in March 2012. He has been nicknamed by Time magazine as the Arabian warren Buffett. He is born on March 7, 1955 in Jeddah. He is the member of Royal family of Saudi Arabia. He has an estimated a fortune through investments in real estate and the stock market.
Georgina Rinehart: – Georgina Rinehart is at the seventh position in the list of richest people of Asia. She was born on 9 February 1954. Her wealth has doubled this year because of the deal she made with the South Korean Posco. She also runs media organizations and has heavy investments in this industry. 
Cheng Yu-tung:- This is the eighth richest person in Asia with a net worth of $16 billion in March 2012. He engages in the real estate business and owns Chow Tai Fook Enterprises which is a multinational company to control the New World Group. However, the main resource for his wealth was originated from jewelry business.
Mohammad Al Amoudi:- Mohammad Al Amoudi is listed on the ninth position in Asia’s richest people list. According to the March 2012 statistics, he has a net worth of $12.5 billion. Initially, he started his fortune investments in real estate business and now he is expanding his boundaries towards agriculture in Ethiopia. He is also operating oil refineries Sweden and Morocco. He is said to be the riches black person in the world after Aliko Dangote.
Robert Kuok:- Robert Kuok is the tenth richest person in Asia with net worth $ 12.4 billion. Most of his businesses are privately held by him or his family. Apart from a multitude of businesses in Malaysia, his companies have investments in many countries throughout Asia. His business interests range from sugarcane, animal feed, oil mining and hotels.
July 18, 2012 | Afifa Gillani | 9 Comments | 198 views