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Home Biography
richest person in bangladesh

Richest Person in Bangladesh: Top 10 Wealthiest Business Figures

Varsha by Varsha
September 15, 2026
in Biography
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Bangladesh’s biggest fortunes are tied to industries such as power, real estate, pharmaceuticals, food processing, banking, textiles and manufacturing. However, finding the richest person in Bangladesh requires some care because most major private business owners do not publish audited personal net-worth statements.

The clearest case is Muhammed Aziz Khan, whose fortune is tracked by Forbes. Forbes lists him at $1 billion as of March 10, 2026. Other wealthy Bangladeshi businessmen have wealth figures reported through tax files, election affidavits, company ownership records or investigations rather than a Forbes-style valuation.

The list below therefore uses the most credible publicly available figure for each person and explains what that number actually represents.

Table of Contents

Toggle
  • Top 10 Richest Person in Bangladesh
    • 1. Muhammed Aziz Khan
    • 2. Salman F Rahman
    • 3. Ragib Ali
    • 4. Mohammed Saiful Alam
    • 5. Iqbal Ahmed
    • 6. Tapan Chowdhury
    • 7. Nazrul Islam Mazumder
    • 8. Mohammad Obaidul Karim
    • 9. Ahmed Akbar Sobhan
    • 10. Azam J. Chowdhury
  • Conclusion

Top 10 Richest Person in Bangladesh

The list includes Bangladesh’s leading business figures from different industries. Here are the top 10 richest people in Bangladesh, ranked by wealth.

RankNameReported Wealth/AssetsMain Business
1Muhammed Aziz Khan$1 billionSummit Group
2Salman F Rahman$258 millionBEXIMCO
3Ragib Ali$250 millionTea, banking and education
4Mohammed Saiful Alam$207 millionS Alam Group
5Iqbal Ahmed$162 millionSeamark Group
6Tapan Chowdhury$154 millionSquare Group
7Nazrul Islam Mazumder$58 millionNASSA Group
8Mohammad Obaidul Karim$41 millionORION Group
9Ahmed Akbar Sobhan$21 millionBashundhara Group
10Azam J. Chowdhury$8 millionEast Coast Group

1. Muhammed Aziz Khan

Net worth: $1 billion
Business: Summit Group
Major sectors: Power, ports, infrastructure, fibre optics and real estate

Muhammed Aziz Khan is the founder and chairman of Summit Group, one of Bangladesh’s leading infrastructure and business groups. He began his business career in the 1970s and established Summit Group in 1985, initially building the company around trading before moving into infrastructure and energy.

Khan became one of the early private-sector leaders in Bangladesh’s power industry. Under his leadership, Summit established the country’s first independent power plant and went on to build a large portfolio of power projects. The group later expanded into ports, logistics, fibre-optic networks, LNG and real estate. Today, Summit Group has a major presence in Bangladesh’s energy and infrastructure sectors. Khan has also developed international partnerships through Summit Power International, including partnerships with major global companies in the energy and infrastructure industries.

2. Salman F Rahman

Net worth: About $258 million
Business: BEXIMCO Group
Major sectors: Pharmaceuticals, textiles, apparel, ceramics and finance

Salman F Rahman is the co-founder and vice chairman of BEXIMCO Group, one of Bangladesh’s best-known diversified business groups. He established the company with his brother Sohail Rahman in 1972, beginning with international trading activities before expanding into manufacturing and other industries.

BEXIMCO has developed businesses in pharmaceuticals, textiles, garments, ceramics, finance and other sectors. Its pharmaceutical business, Beximco Pharmaceuticals, has also built an international presence through exports to overseas markets. Rahman has played a major role in expanding BEXIMCO and has also held leadership positions in several major business and industry organisations in Bangladesh. His career has made him one of the country’s most prominent corporate figures.

3. Ragib Ali

Estimated wealth: About $250 million
Major sectors: Tea, banking, education and business

Ragib Ali is a prominent Bangladeshi industrialist whose business career has strong roots in Sylhet’s tea industry. He has been associated with tea estates and commercial ventures for decades and became one of the better-known business figures from the region. Beyond tea, Ali has been involved in banking, education and other businesses. His interests in education have also made him a notable figure outside the traditional business sector. His long career across multiple industries has established Ragib Ali as one of Bangladesh’s best-known wealthy entrepreneurs.

4. Mohammed Saiful Alam

Net worth: About $207 million
Business: S Alam Group
Major sectors: Food, sugar, steel, power, cement and finance

Mohammed Saiful Alam is the founder of S Alam Group, a large Bangladeshi conglomerate with businesses across several important industries. The group has grown from its early trading activities into a diversified business organisation with a substantial presence in manufacturing and infrastructure. S Alam Group operates in areas including food processing, sugar, steel, cement and power, while its wider business interests also include financial services. The group’s expansion across essential industries has made Saiful Alam one of the most prominent businessmen in Bangladesh.

5. Iqbal Ahmed

Wealth: About $162 million
Business: Seamark Group
Major sectors: Seafood, food processing, shipping, hospitality and property

Iqbal Ahmed OBE is a Bangladesh-born British entrepreneur and the chairman and chief executive of Seamark Group. He built his business career around the food industry, particularly seafood and frozen food. Seamark has grown into an international food business with operations connected to seafood processing, food distribution, shipping and related industries. Ahmed has also expanded his interests into hospitality and property. His success in building an international food business from the UK has made him one of the most successful entrepreneurs of Bangladeshi origin.

6. Tapan Chowdhury

Net worth: $154 million
Business: Square Group
Major sectors: Pharmaceuticals, textiles, healthcare, food and consumer products

Tapan M. A. Chowdhury is the managing director and CEO of Square Pharmaceuticals and one of the leading figures associated with Square Group. Square has developed into one of Bangladesh’s largest corporate groups, with businesses covering pharmaceuticals, healthcare, textiles, food, consumer products and other industries. The group’s pharmaceutical business is particularly important to Bangladesh’s healthcare and manufacturing sectors. Chowdhury has been closely involved in the development of Square’s businesses and continues to hold a leading position within the group.

7. Nazrul Islam Mazumder

Net worth: About $58 million
Business: NASSA Group
Major sectors: Garments, textiles, banking, finance and real estate

Nazrul Islam Mazumder is the chairman of NASSA Group, a Bangladeshi business group with a strong presence in the garments and textile industry. NASSA has built its business around ready-made garments and textile manufacturing, while its wider interests include banking, finance, real estate and other commercial activities. Mazumder has also been involved in Bangladesh’s financial and business community through leadership roles in major institutions, making him a familiar name among the country’s leading industrialists.

8. Mohammad Obaidul Karim

Net worth: $41 million
Business: ORION Group
Major sectors: Pharmaceuticals, healthcare, power and infrastructure

Mohammad Obaidul Karim is the founder and chairman of ORION Group, a diversified Bangladeshi business group with operations across several major industries. ORION’s businesses include pharmaceuticals, healthcare, power generation and infrastructure, along with other commercial ventures. The group has developed a broad portfolio rather than focusing on a single industry. Karim has led the expansion of ORION for decades and is recognised as one of Bangladesh’s established corporate entrepreneurs.

9. Ahmed Akbar Sobhan

Net worth: About $21 million
Business: Bashundhara Group
Major sectors: Real estate, cement, paper, media, food and consumer products

Ahmed Akbar Sobhan is the founder and chairman of Bashundhara Group, one of Bangladesh’s largest diversified business groups. He began his business career in the real estate sector, and Bashundhara later expanded into cement, paper, media, food, consumer products and other industries. The group has developed a large presence in Bangladesh’s manufacturing and consumer markets. Sobhan’s decades-long involvement in the country’s corporate sector has made him one of Bangladesh’s most recognisable industrialists.

10. Azam J. Chowdhury

Net worth: $8 million
Business: East Coast Group
Major sectors: Energy, petroleum, tea, shipping and finance

Azam J. Chowdhury is the chairman and owner of East Coast Group, a diversified Bangladeshi business group with interests in several major industries. The group has built a strong presence in energy and petroleum, while its wider businesses include tea, shipping, finance and related commercial activities. Chowdhury is also associated with companies operating in Bangladesh’s energy and financial sectors. With decades of experience in business, he has become a prominent figure in Bangladesh’s private-sector economy.

Conclusion

The richest person in Bangladesh, Muhammed Aziz Khan, stands at the top of this list with a fortune built through power, infrastructure and other major businesses. Alongside him, figures such as Salman F Rahman, Ragib Ali, Saiful Alam and Tapan Chowdhury have built successful business careers across pharmaceuticals, textiles, tea, food, finance and manufacturing.

Together, these wealthiest people in Bangladesh reflect the wide range of industries driving the country’s private sector. Their business groups have become important names in areas ranging from energy and real estate to healthcare, consumer products and financial services.

 

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