Have you ever wondered who are the 2022 richest people in Myanmar. This article outlines the 2022 top 10 richest people in Myanmar and how they rose to the top by comparing their net worth. This list of rich people compiled by Top Most 10 is made up of business leaders, Entrepreneurs, politicians and business tycoons who run the affairs on Myanmar. Below is the list of the 2022 richest people in Myanmar and their net worth.
Here are the 2022 Richest People in Myanmar and their net worth
10. Eike Tun – $1.2 million
Aik Htun is a prominent Burmese businessman, 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.
9. Khin Shwe – $230 million
Khin Shwe Burmese business tycoon and politician who served as a Member of parliament in the House of Nationalities for Yangon Region № 9 constituency from 2011 to 2016. He is the chairman of Zaykabar Construction, one of the country’s largest construction companies.
8. Wunna Kyawhtin Htay Myint
Wunna Kyawhtin Htay Myint is the chairman of the Yuzana Company, a major conglomerate in Myanmar and served as Member of Parliament in the Pyithu Hluttaw for Myeik Township from 2011 to 2016. He also owns the Southern Myanmar United Football Club.
7. Ne Win Tun – $320 million
Nay Win Tun is the Chairman, Ruby Dragon Group of Companies, on the changing environment for business and investment.
6. Michael Moe Myint
Michael Moe Myint is a Burmese business tycoon, who founded and runs 2 major companies in the country’s petroleum industry, Myint & Associates, a service provider and MPRL E&P, a gas extraction company.
5. Aung Thet Mann – $400 million
Aung Thet Mann, also known as Shwe Mann Ko Ko, is a Burmese businessman and currently CEO of Ayer Shwe Wah, a major Burmese company. Aung Thet Mann’s father is Shwe Mann, a former military general and Speaker of the Pyithu Hluttaw. He graduated from the Yangon Institute of Economics.
4. Zaw Zaw – $496 million
Zaw Zaw is a Burmese business magnate, banker, investor, and philanthropist. He is the chairman of Max Myanmar Group of Companies, a major conglomerate.
3. Pyi Aung & Nay Aung – $510 million
Aung Yee Phyo Company is a timber trading and agricultural production company based in Myanmar. An affiliate of the IGE Group of Companies, it is owned by Pyi Aung & Nay Aung.
2. Tun Myint Naing – $550 million
Htun Myint Naing, also known as Steven Law and Lo Ping Zhong is a Burmese businessman. 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. Tun also owns the Magway FC.
1. Tay Za – $900 million
Tay Za is a Burmese 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 and still remains the richest man in Myanmar.
Tay Za’s Major Holdings
1. AIR BAGAN
Burma’s first private airline. Fleet of 12 aircraft. $25 million to $30 million estimated resale.
2. ASIA GREEN DEVELOPMENT BANK
Opened August 2010.
3. HOTELS
Aureum Palace and Myanmar Treasure branded properties. 17 hotels, over 1,100 rooms: $120 million to $150 million.
4. MINING
Nickel, jade, limestone, gold.
5. CONSTRUCTION AND REAL ESTATE
$30 million to $40 million in Yangon residential projects.
6. EXPORTS
Timber, pulses, rice.