Sun, 14 April 2024
The Daily Ittefaq

Summit Group Chairman Aziz Khan named in Forbes Billionaires List

Update : 03 Apr 2024, 22:14

Forbes has released its 2024 World's Billionaires List, featuring 2,781 billionaires from 78 countries, showcasing the global spread and diversity of immense wealth. Among the entries is Muhammed Aziz Khan, Chairman of Summit Group, marking him as Bangladesh's first billionaire to be included in this compilation.

The list, which ranges from fortunes of $1 billion to Bernard Arnault's $233 billion empire, highlights the luxury conglomerate LVMH's record year. The United States leads with 813 billionaires, including Elon Musk with an estimated worth of $195 billion.

Muhammed Aziz Khan, now a Singapore permanent resident, was earlier ranked as the 41st richest man in Singapore, according to Forbes. 

He was first named in the Forbes Singapore list in 2018 when his net worth was $910 million. After a brief decline in 2019, his net worth soared to $955 million and $990 million in 2020 and 2021 respectively.

Aziz Khan is the chairman of Summit Group, which is one of the leading private sector conglomerates of Bangladesh, having more than 20 businesses in power, ports, fibre optics and real estate sectors.

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