Forbes 30 Under 30 Asia 2024

Meet the Innovators: Forbes 30 Under 30 Asia 2024

2024 Forbes 30 Under 30 Asia: Young Entrepreneurs to Watch

17.05.2024: The wealthiest and most influential individuals in Asia have each followed unique paths to amass their fortunes. These billionaires hold significant sway over the global economy, politics, and charitable endeavors. According to Forbes, there were 2,781 billionaires worldwide in 2024, with Bernard Arnault, the chairman of LVMH, reigning as the wealthiest among them. However, the individuals featured on this list belong to an even more exclusive group, as many of them are the founders of technology behemoths, with a substantial portion of their wealth tied up in the very companies they established.

The ultra-rich individuals in Asia have the ability to utilize their wealth as collateral for loans, which allows them to avoid selling their stocks and consequently defer or even eliminate taxes on unrealized capital gains, benefiting their heirs as well. Moreover, these billionaires can also take advantage of various tax deductions to offset their reported income, resulting in some individuals on this list not paying any income tax in recent years. It is worth noting that since a significant portion of their wealth is tied to publicly traded stocks, the net worth of the wealthiest individuals fluctuates in accordance with the market valuations of the companies they possess. The following list presents the ‘’Forbes 30 Under 30 Asia 2024’’ richest individuals in Asia .