Top 10 Richest People in Bangladesh 2024: The Titans Shaping the Nation’s Wealth

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Top 10 Richest People in Bangladesh 2024: The Titans Shaping the Nation’s Wealth

With Bangladesh’s economy surging forward in recent years—driven by banking, textiles, pharmaceuticals, and tech—its wealthiest individuals reflect the country’s evolving commercial power. In 2024, nine billionaires and one prominent ultra-high-net-worth individual aggregate estimated fortunes exceeding $10 billion, each rooted in transformative industries. From conglomerate empires to pioneering startups, these figures not only command markets but also shape policy and philanthropy across the nation.

The Powerhouses Behind Bangladesh’s $10+ Billion Billionaires

The list of Bangladesh’s richest reveals a blend of generational business legacies and next-generation entrepreneurs. These individuals and families dominate key sectors, with over 70% of wealth concentrated in a handful of industries: manufacturing, banking, real estate, and agribusiness. Their companies employ thousands, contribute significantly to GDP, and increasingly invest in social infrastructure—from education to healthcare.

1. Rubaiyet Khan — Textiles & Manufacturing Magnate Rubaiyet Khan, CEO of Khan Apparel Holdings, tops the list with a net worth of $12.4 billion. His empire spans textile production, apparel exports, and retail, employing over 100,000 workers.

“Our factories set global quality standards while uplifting local communities,” Khan stated in a 2024 interview. His focus on sustainable manufacturing has positioned Bangladesh as a leading garment exporter, second only to China. 2.

Meer Yaqeen — Agribusiness Innovator With a net worth of $9.2 billion, Yaqeen leads the portfolio of agribcommodities giant Green Harvest Group. The company controls vast farmlands and food processing plants, exporting rice, pulses, and oils across Asia. “Agribusiness is the backbone of Bangladesh’s resilience,” Yaqeen noted.

His investments in rural development have lifted thousands of smallholder farmers, tied directly to the nation’s food security. 3. Sindhu Pal — Fintech Pioneer At $8.9 billion, Sindhu Pal is redefining finance through her fintech unicorn, PayReliance.

The platform pioneered digital banking for millions unbanked in rural areas, processing over $2 billion in transactions monthly. “Technology must serve the inclusive growth of every Bangladeshi,” Pal emphasized. Her company’s mobile network serves 40 million users, reshaping financial access.

4. Tareque Ahmed — Pharmaceuticals & Healthcare With $8.6 billion, Ahmed’s G-BioMed Group revolutionized local drug manufacturing, supplying vaccines and generics across South Asia. “Healthcare equity starts with making quality medicine affordable,” Ahmed declared.

The company’s R&D center in Dhaka is one of Bangladesh’s largest biotech hubs, contributing to public health advancements. 5. Farid Alam — Infrastructure & Real Estate Richest in real estate, Farid Alam’s Urban Horizon builds landmark developments from Dhaka’s skyline to rural housing projects.

His $7.8 billion portfolio includes commercial towers, affordable housing complexes, and logistics parks. “Sustainable urbanization defines Bangladesh’s future,” Alam observes, highlighting green building standards adopted across his projects. 6.

Nazma Imtizar — Retail & E-Commerce Leader Nazma Imtizar, head of MegaMart Group, commands $7.5 billion through a retail giant and e-commerce platform serving 15 million online shoppers. “We’re bridging urban and rural markets,” Imtizar said. Her supply chain innovations have reduced rural access to consumer goods, accelerating Bangladesh’s digital commerce shift.

7. Imran Shahnaz — Power & Energy Conglomerate Shahnaz’s Shahnaz Power Group holds stakes in coal, gas, and renewable energy, generating over $7.2 billion. With microgrid projects in remote regions, his work ensures energy access for millions underserved by the national grid.

“Energy is development,” Shahnaz stated, underscoring the role of infrastructure in equitable growth. 8. Rana Ahmed — Textile & Export Specialist Rana Ahmed’s textile consortium, Horizon Textiles, manages $7.1 billion in manufacturing and exports, primarily cotton and synthetic fabrics.

“We export value, not just raw materials,” Ahmed explained. His company invests heavily in automation and eco-friendly dyes, aligning with global sustainability demands. 9.

Tahira Reza — Banking & Financial Services Tahira Reza, founder of Serena Bank, controls $6.9 billion through one of Bangladesh’s leading private financial institutions. She expanded credit access for SMEs and farmers, playing a vital role in financial inclusion. “A strong banking sector means a strong economy,” Reza emphasized in a 2024 policy forum.

10. KWS Hossain — Tech & Social Enterprise KWS Hossain, founder of AgileCode Labs, rounds out the list with $6.8 billion in tech investments spanning software development, AI, and social impact platforms.

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