Top 10 Billionaires and Richest Persons in Bangladesh

According to Forbes’ newly published 2022 World’s Billionaires list, there are 2,669 billionaires in the globe, and none of them hail from Bangladesh. Bangladesh does have a total of more than 160 million people. Once people imagine Bangladesh, people think of hardship; nevertheless, in recent years, Bangladesh has made substantial success in the international economy. Bangladesh is becoming one of the richest countries in the world by earning a higher rate of GDP. While there is the hope of seeing Bangladesh grow despite the challenges of the pandemic, it would be great to have a look at how many billionaires are contributing to the rise in the GDP of Bangladesh.

Top 10 Richest Person in Bangladesh

1. Moosa Bin Shamsher

A renowned man in Bangladesh as Prince Moosa is the founder of the DATCO group. DATCO group is a business that exports rural farmers from Bangladesh to the construction industries in the Middle East. He is well known for his contribution to the field of commerce and persistent dedication to humanitarian and national causes. He is the number one richest person in Bangladesh. He has also expressed a desire to invest in the construction of the Padma Bridge in Bangladesh. He is also well known for being one of the international arms suppliers in the 1970s and 1980s.

2. Sayeed Abul Hossain 

Sayeed Abul Hossain was the Communications Minister of Bangladesh. After graduating from the University of Dhaka in Management, he became the State Minister of Local Government, Rural Development, and Cooperatives. Currently, he is serving as a member of Parliament. He is the founder of SAHCO International Ltd. which is a member of the Dhaka Stock Exchange. He is also the founder of SAHCO NGO and BAO Forum for Asia, which is also known as “Asian Davos”. 

3. Tarek Rahman

Being one of the political figures in Bangladesh, he has earned more than a million dollars in Bangladesh. His earnings are also generated from his father’s business, Ziaur Rahman. He studied at the University of Dhaka and was a member of the BNP National Campaign Strategy Committee. He currently lives in London. The source of his money has sparked much debate. The Bangladesh Anti-Corruption Commission initiated 12 complaints against him.

4. Sajeeb Wahed Joy

As the son of Prime Minister Sheikh Hasina, Sajeeb is one of the billionaires in Bangladesh. Although he is not active in politics, he serves as an advisor to the government on ICT matters. Wazed is the President of Wazed Consulting Inc., a US consulting firm. He was born on July 27, 1971. His father served as a nuclear physicist in Bangladesh. He is the mastermind of Digital Bangladesh and endorses the Vision 2021 manifesto of the Awami League, the political party of his mother. 

5. Ahmed Akbar Sobhan

As the founder of Bashundhara Group, Ahmed Akbar Sobhan leads the business by providing employment to above 50 thousand people in Bangladesh. He graduated in Business Studies from the University of Dhaka. As the founder of the real estate business, he was awarded many recognitions by the government. While he initially started as East West Property Development (Private) Limited, Bashundhara Group has become one of the largest businesses in the country today. During the COVID-19 pandemic, he converted four Bashundhara Group convention centers into 5000-bed hospitals for the proper treatment of COVID-19 patients.

6. Dr. Muhiuddin Khan Alamgir

Being one of the renowned politicians, he served in the Ministry of Home Affairs from 2011 to 2013 in Bangladesh. Dr. Muhiuddin Khan Alamgir completed Master in Economics from Dhaka University and did his PhD at Boston University. He is now a renowned civil servant, economist, and writer. He has an income of more than 400 million dollars and most of the income was earned when Awami League formed the government in Bangladesh.

7. Giasuddin Mamun

Being a childhood friend of Tarek Rahman, Giasuddin is now one of the richest businessmen in Bangladesh. He is a business partner of Tarek Rahman and has been accused of money laundering by the government. He is oftenly criticized for just using his lobbying power to further his commercial goals. It is claimed that he was granted funds with little to no interest and paid nothing back. He was charged by Bangladesh’s Anti-Corruption Commission.

8. Salman F.Rahman

Salman Fazlur Rahman started the BEXIMCO company with his brother after setting up a family-owned jute factory. As an advisor to Prime Minister Sheikh Hasina, he enlisted as one of the billionaires in the Beijing-based Hurun Global in 2017. He also owns Independent Television, a Bangla news channel, and The Independent, an English daily newspaper. He also serves on the Board of Editors and Chairman for The Independent. Salman F Rahman is also a controversial figure who has been widely criticized for his claimed participation in share market looting, remains one of Bangladesh’s wealthiest individuals.

9. Ragib Ali 

Ragib Ali is from Sylhet and is a pioneer tree planter. He is the chairman of Sylhet Tea Company Ltd. and many other tea states in Chattagram and Sylhet. He also founds Leading University in Sylhet. Being an educationalist, he used to be the chairman of North South University, Asia-Pacific University, and is now at Leading University. He has completed his education in the UK and has links with family who lives in Bradford, UK.

10. Iqbal Ahmed

As one of the British-Bangladeshi entrepreneurs, Iqbal Ahmed owns SEAMARK and IBCO, seafood processing companies. He and his brother were listed among the Top richest Asians in the UK for generating more than 250 million dollars. His business has also provided employment opportunities for many Bangladeshis in the UK.  

Every billionaire has a role to play in the performance of a country’s economy. Bangladesh proves that you don’t have to be wealthy to contribute to GDP. By utilizing entrepreneurial skills, you can reach the sky. 

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