The quest for wealth often involve stretching our grey matter to the hilt for a groundbreaking idea, making huge and risky investment decisions or eventrying to ‘engineer’ a windfallfrom the lottery. While many in today’s connected, modern, and economically turbulent society are fixing their minds on how to get rich, some are already born with a silver spoon. Of course, there are those young ones who have arrived through their hard work and while some of them take their fortune too much for granted, there are those who work at multiplying what they have. In this issue, Top 10 of Asia takes a look at its list of Asia’s wealthiest youngsters whose riches came in a myriad of ways.
Huynh Hang Huu
In September 2013, Hyunh Uy Dung, the owner of Dai Nam Tourist Site in Binh Duong province, Vietnam created headlines when he declared that he would transfer trillions of Vietnamese Dong in assets to his then one-year-old son, Hyunh Hang Huu. The toddler, now the richest boy and youngest heir in Vietnam currently chairs Dai Nam Joint Stock Company and he owns the father’s other assets such as Lac Canh Resort and Dai Nam Van Hien Theme Park.
Meet Wang Sicong, the only son of Wang Jianlin who is the world’s 26th richest man and the richest man in China. Junior Wang, well known for his obnoxious display of wealth once drove the whole republic up the wall when he posted a picture of his husky with not one, but two gold Apple Watches! (That’s $24,000 on its furry paws!). And it doesn’t stop there – he booked the entire Sanya Resort for his 27th birthday party and also invited the K-pop band T-ara for a special gig that day. For Wang, life is about money, video games, his pooch and party.
Zhang Jiale is a billionaire heiress and the daughter of Sino Life Insurance’s Zhang Jun who’s estimated net worth is $1.1 Billion. The billion-dollar princess indulges herself by shopping and showing off her massive designer bags collection, traveling all around the world and also partying. But there’s something different about this girl here; Zhang is probably the few “fuerdais” (the term used in China to label the second generation rich kids) who realizes money isn’t the answer for everything, judging from the photo captions like “money can buy a house but not a family”that she uses.
Angela Yeung, popularly known as Angelababy gained worldwide attention after her $31 million “princess-themed” wedding last year. Dubbed as the “Kim Kardashian of China”, the model and actress is 27 this year with $40million in her bank account. She gained her fame and fortune by signing up as a model from the very young age of 14. So, if you’re looking to make big bucks and you think you look good, why not be like Angela?
The 26-year-old son of Peter Lim, Singapore’s billionaire investor and businessman with a net worth of $2 Billion lives his life in luxury and style almost all the time. Kane, who is a fashion major started his own business at 17 and raked in his first million by the age of 20. His Instagram is filled with snaps of his luxury items such as Chanel bags, Christian Louboutin shoes and a whole lot of (trippy) blings. Fun fact; pop star Rihanna follows his Instagram!
Sheikh Shujah, the son of the Singaporean oil tycoon Sheikh Babu Nooruddin has a net worth of $750 million. Shujah, known as Thura Oo on Instagram is popular for his extravagant lifestyle and his collection of flashy watches. But his life isn’t just about parties, cool cars and expensive stuff; he is also a passionate entrepreneur who co-founded Jadeite Technologies Pte Ltd, a company focusing on app development and investments in tech startups.
The 28-year-old Richard Muljadi is the son of Indonesia’s richest woman Kartini Muljadi who has a net worth of $715 Million. Coming from the Muljadi family who founded the pharmacology giant, Tempo Scan Pacific, Richard has all the riches he needs to live a lavish lifestyle filled with fast cars, pool parties and affluent styles. However, he’s not all party as he owns several businesses on his own in the oil and gas sector.
The 21-year-old speaker, investor, innovator and entrepreneur Evan Luthra learned about success and failure by observing his father from a young age. Evan was born and raised in India in a family involved in the fashion industry. He started developing mobile apps at the age of and that eventually led him to fame and fortune. Evan earns a lot, spends a lot and brags a lot; he spends $20,000 on alcohol for a night in clubs and he could charter a yacht for $50,000 a day. Today, he owns EL Group International and is an accredited angel investor who has contributed more than $250,000 in some nine startups.
Nguyen Be Lory
The world indeed is a small place. In 1994, Larry Hillbolm found out that he had a long lost son, Ngyuen Be Lory residing in Vietnam. When Larry died in 1995, a huge sum of his assets was donated for medical research and the rest went to Lory and three other kids. Lory is 21 currently and he is officially US$100 million richer.
Sumail “Suma1L” Hassan
If you think gaming is a waste of time, Sumail “Suma1L” Hassan Syed is a 16-year-old Dota 2 (Defense of The Ancients 2) player from Pakistan who will make you think again. On August 8 2015, Sumail and his team, Evil Geniuses won US$ 6.6 million in The International Dota 2 Championship held in Seattle. As if that wasn’t big enough for him, that very night, he set a Guinness World record as the youngest gamer to earn more than $1 million. Now that’s what you call “going pro”.