Here’s a list of Forbes Top 10 Richest People in Myanmar And Their Net-Worth 2018. The World well-known ranking organization, Forbes, has released its list of richest people in Myanmar for 2018. What is the secret to the success of the top 20+ richest people in Myanmar.
Conferring to Forbes’ 2018, there are certain individuals in Myanmar, who are wealthy as they run certain business conglomerates. There are some Burmese who through their hard work, determination and persistence made a big fortune over time and are entitled the Richest People. They are seen to be among the richest people in Myanmar as they have built an empire that shapes the economy of Myanmar.
Money has always been an indicator of success, high class and status in any society in the world. In this year 2018 list of richest men in Myanmar, there are some notable names that joined the fold. In this article, we would be addressing: who are the richest men in Myanmar? What businesses made them rich? What is their net worth and so on.
Finally, below are the richest Burmese billionaires whose sumptuous net worth will surely hold you spellbound.
- Eike Tun- $1.2 billion
Aik Htun is said to be one of Myanmar Millionaires. Born on October 21, 1948 (age 69) , Eike Tun popularly known as a prominent Burmese businessman, otherwise best known as the managing director and vice chairman of the sister company of Olympic Construction Company, the Asia Wealth Bank, which was Burma’s largest private bank until the banking crisis of 2003.
- Khin Shwe – $2.3 billion
Khin Shwe is the 9th Richest person in Myanmar currently.Born on January 21, 1952 (age 66) ,Khin Shwe has served part of his career as a Member of Parliament from the year 2011 to 2016. In the Myanmar general election, 2010, he was elected as a Amyotha Hluttaw MP for Yangon Region’ Constituency № 9, Twante, Kawhmu, and Kungyangon Townships.
- Htay Myint – $2.5 billion
Wunna Kyawhtin Htay Myint is said to be the chairman of the Yuzana Company, which has for a while now been a major conglomerate in Myanmar. Htay Myint was also a member of parliament in the country’s national lower house, the Pyithu Hluttaw. He also owns the Southern Myanmar United Football Club.
- Ne Win Tun – $3 billion
Ne Win Tun is said to be Burmese 7th richest currently. According to various sources and Forbes list of Burmese Billionaire’s Ne Win Tun net worth is estimated to be in the range of approximately $3 billion currently. Ne Win Tun estimated Net worth includes stocks properties and as well as luxury goods.
- Michael Moe Myint – $3.7 billion
Michael Moe Myint is a Burmese business tycoon. Born on September 11, 1952 (age 65) at Yangon, Myanmar (Burma). Michael Moe Myint is Founder and serves as Chief Executive Officer at Myint & Associates Co., Ltd. Mr. Myint has over 30 years working experience in the field of aviation, aerospace and energy, both in Myanmar and overseas. Mr. Myint serves as Chairman and Chief Executive Officer at MPRL E&P Pte Ltd. and also the founder of Asia Drilling Pte Ltd. After leaving the aviation industry, he served as the Vice-President at Interaero Inc
- Aung Thet Mann – $4.2 billion
Aung Thet Mann also known as Shwe Mann Ko Ko, is a Burmese business tycoon and currently CEO of Ayer Shwe Wah, a major Burmese company. According to various sources and Forbes list of Burmese Billionaire’s Aung Thet Mann net worth is estimated to be in the range of approximately $4.2 billion currently. Aung Thet Mann estimated Net worth includes stocks properties and as well as luxury goods.
- Zaw Zaw Net Worth – $5 billion
Zaw Zaw, one of Myanmar’s most successful and notorious business tycoon and chairman of Max Myanmar Group of Companies, a major conglomerate with former interests in gems and active interests in construction, mechanical engineering, transportation, hotel and tourism, rubber. Zaw Zaw efforts for Myanmar football as the Chairman of Myanmar Football Federation starting from 2005, were recognized by the Asean Football Federation and was instrumental in the MFF picking up the AFF Association of the Year award at the AFF Awards 2013 in the first week of April.
- Pyi Aung & Nay Aung Net Worth – $ 5 billion
Even though Pyi Aung & Nay Aung may have not made as much money as billionaire Tay Za, two of Aung Thaung sons, Pyi Aung (also spelled Pye Aung) and Nay Aung are thought to have become multimillionaires using their father’s position in Than Shwe’s junta to advance their business interests, which include timber, oil, gas, electricity.
- Htun Myint Naing – $5.5 billion
Htun Myint Naing, also known as Steven Law and Lo Ping Zhong is a Burmese business tycoon. He is best known for being the managing director of Asia World, the country’s largest conglomerate, and as son of Lo Hsing Han, one of the country’s most notable drug traffickers. Htun Myint Naing also owns the Magway FC.
- Tay Za Net Worth – $7 billion
Tay Za is a Burmese notorious business tycoon and the Chairman of Htoo Group of Companies, Myanmar. He is a close associate of the country’s former head of state, Than Shwe. He is the first Myanmar entrepreneur to appear on the cover of Forbes Asia.
Tay Za is currently the richest man in Myanmar currently. Tay Za net worth is estimated to be in the range of approximately $7 billion currently. Tay Za estimated Net worth includes stocks properties and as well as luxury goods.
There you have it; the richest people in Myanmar all have wide business interests in almost all Burmese industries. However, there is still a growing number of wealthy individuals, not only in business.