Bangladesh’s Top 10 Richest Men 2019

The country's most Affluent of the Year

Bangladesh is a developing country located in South Asia. It has a measured value of 7.3% GDP growth. Most of the country’s income is generated through exports in textiles, seafood, and leather goods. However, much of the region is still stricken with poverty, which places a considerable divide between the country’s rich and poor. Bangladeshi millionaires overstate the real economic conditions of Bangladesh, and the most prominent of them are listed below!

  1. Moosa Bin Shamsher

 

Known as the richest Prince of Dhaka, Moosa has generated a total of over 1.5 billion dollars from his immigration business. He currently resides in a bungalow in the country’s capital city, often making media headlines for his overly flamboyant lifestyle.

 

Early Life

Moosa Bin Shamsher was born on October 15th 1945 in Faridpur, Bangladesh. He father was Shamsher Ali Molla. Mr Molla served as a first-class officer in the British Indian Government. As a student, Mossa demonstrated strong potential. He went on to graduate school and study at Faridpur Rajendra College, before getting into California State University to study Economics.

 

Career

 

Moosa set up DATCO; a manpower exporting company. It remains an essential company in exporting labour. Aside from exporting man-power, Moosa began investing in the weapons and arms business. The venture quickly added to his wealth. His net worth is over $12 billion.

  1. Salman F Rahman

 

Salman is a very well known businessman in Bangladesh, and unliked by some for his alleged participation in share market looting. In recent years, he has held his ground in remaining one of the country’s richest.

 

Early Life

 

Salman was born on May 23rd, 1951. In 1961, he and his brother overtook the running of the family’s Jute Mill and began producing its products. The Mill was nationalised after the Bangladeshi liberation war in 1971.

 

Career

 

A year afterwards, Salman and his brother founded the Bangladesh Export Import Company BEXIMCO. Under its jurisdiction, they started exporting a multitude of products to Europe. Today his chain companies transport agricultural, and pharmaceutical items overseas. He is also an esteemed Politician. His net worth is $1.4 billion.

 

  1. Sajeeb Wazeed

 

Sajeeb Wazed is Bangladeshi Prime Minister Sheik Hasina’s younger son. He runs the Bangladesh Government’s Digital Bangladesh program, developed to integrate digital technologies in the country’s citizens’ lifestyle.

Early Life

Sajeeb was born on July 27th, 1971. His grandfather was the so-called founder of the nation, and his father was a nuclear scientist. He studied at Harvard University.

Career

He currently works as an IT Advisor to Bangladesh Government. His source of income is also questionable and subject to controversy. He is rebuked often for using his mother’s influence to gain financial power. His net worth is $1 billion.

 

  1. Syed Abul Hossain

 

Syed is a business mogul, and member of the Bangladesh Parliament, where he is the wealthiest MP. His wealth massively progressed after he joined the government.

Early Life

Sayed Abul Hossain was born on October 1st, 1951. He graduated with a Bachelor’s and Masters from Dhaka University. He is a member of the current ruling party in Bangladesh, the Awami League.

Career

Syed has been serving as a member of the parliament since 1972. He is the founder of SAHCO International Limited, which deals with foreign investors who transfer money to Bangladesh. He has been accused of numerous corruption offences while serving as a country communication Minister. His net worth is almost $1 Billion dollars.

  1. Ahmad Akbar Sobhan

He is the Chairman and founder of one of the most esteemed companies in Bangladesh. Many important organisations seek his involvement in the country’s business activities.

Early Life

Ahmad Akbar Sobhan was born on February 15th in 1952. Ahmad started to be a participant in enterprise, businesses and commercial trading under East West Property Development (Pvt) Ltd.

Career

Ahmad is currently Chairman of the Bashundra Group, and one of the top magnates in the country. The industries he owns deal with food and beverage, sanitary products, iron, pipelines, cement and much more. His net worth is over $500 million.

  1. Mohiuddin Khan Alamgir

Mohiuddin became a laughing stock in his home country after he speculated members of the opposition party were involved in tearing down Rana Plaza.

Early Life

He was born on March 1st in 1942. He has a PhD in Economics from Boston University. The prominent figure has many talents; he is an economist, writer and civil servant from Bangladesh.

Career

Mohiuddin is a Member of Parliament. He has been given numerous administrative roles as part of the Awami League of Government. His net worth is priced at $400 million.

  1. Ragib Ali

He is nicknamed the ‘richest tea-gardener’ and also has a reputation as the wealthiest industrialist in Bangladesh. His contribution to the local economy and industry is astounding.

Early Life

Ragib was born on October 10th, 1938. Although he is Bangladeshi-born, he completed his higher education in the United Kingdom. He started as an ordinary waiter and made it to be a big entrepreneur and philanthropist.

Career

Ragib is known for his various tea estates and properties in Sylhet. He has also founded multiple schools and colleges across the country. He is also Chairman of the South East Bank Limited in Bangladesh. His net worth is valued at around $250 million.

  1. Iqmal Ahmed

Iqmal is also a Bangladesh-British entrepreneur. His business empire is based around Manchester and specialises in shipping. He is also the successful owner of various shipment companies.

Early Life

He was born on August 4th, 1956. He moved to the UK at age 15 and attended the City College in West Minister. Shortly afterwards, he joined his family business situated in Oldham.

Career

Iqmal is the owner of the Seamark and INCO seafood processing companies. His businesses originated from Sylhet city. He is globally renowned in the marketplace abroad and has a net worth of $250million.

  1. Giasuddin Al Mamun

Giassuddin has largely taken advantage of political favouring in the past. He is named as the country’s richest timberman.

Early Life

Little is known about this Bangladeshi businessman’s early life. He has a brother named Hafiz Ibrahim. He is also a member of the Bangladeshi Nationalist Party.

Career

Giassuddin is one of Tarique Rahman’s business partners. He has taken loans from financial organisations with little to no interest. He has several corruption charges against him. His net worth is $150 million.

 

  1. Tarique Rahman

Nobody knows what the net worth of Tarique Rahman is to date. Some people state he’s worth $1.5 billion; others contest he’s worth $1 billion. Although, it goes without saying he deserves a position in the richest Bangladeshis’ list.

Early Life

Tarique Rahman hails from a political dynasty. He is one of the sons of Ziaur Rahman and Khaleda Zia, ex-Bangladeshi Prime Minister. His father was also the 7th President of Bangladesh. He graduated from the University of Dhaka.

Career

Tarique is Chairman of his home country’s Nationalist Party. He now resides in London. Much controversy follows the source of his income. The Anti Corruption Commission in Bangladesh filed a total of 12 cases against him thus far.

Manisha Bhanot

 

If you want to look at the list of the top 10 richest Bangladeshi men from 2018, then click here: http://asianworldnews.co.uk/home/top-10-richest-men-in-bangladesh-2/

 

 

 

 

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