Muhammad Aziz Khan, Chairman of Summit Group, a business conglomerate of Bangladesh, has again been in the top 50 richest people in Singapore.
He is ranked 41st in the list of the top 50 richest people in Singapore published by the American magazine "Forbes" on Wednesday.
Aziz Khan's net worth was $1.12 billion during the publishing of the news. He was ranked 42nd in the 2022 list of Singapore's richest people by Forbes. His net worth is shown at $1.0 billion. Aziz Khan has taken a step forward in the list of the richest people this year and his wealth has increased to $1.12 billion.
While his position is the 41st on the list for Singapore he ranked the 2540th in the list of world millionaires made by Forbes.
His net worth in 2021 was $99 crore. Since 2019, his wealth has been increasing continuously. Then in 2022, his wealth increased to a billion dollars. As a result, he is also included in the list of billionaires of Forbes.
According to "Forbes", in 2019, Aziz Khan sold 22 per cent shares of Summit Power International to the Japanese company JERA for $330 million. Based on that sale price, Summit Power's market value was determined at $1.5 billion.
