Muhammed Aziz Khan
Summit's Aziz Khan now 42nd richest man in Singapore
Bangladesh-born Muhammed Aziz Khan, the chairman of Summit Group, has become the 42nd richest man in Singapore on the list of Forbes 2022.
His net worth was stated to be $1 billion in the list as of Friday.
Khan started Summit as a trading firm but went on to focus on infrastructure. Summit has interests in power, ports, fiber optics and real estate.
Read: Forbes features Hasina at 43 on its most powerful women list
In 2019, Khan sold a 22% stake in Summit Power International to Japan's JERA for $330 million, which valued the company at $1.5 billion, according to Forbes website.
He was also listed among the richest in Singapore by Forbes in 2018. Often called a visionary and now a living legend, his business acumen is only matched by his dedication to improving the lives of others, a philanthropist and avid connoisseur of art.
He was recognised as the ‘Global Asian of the Year 2018’ under the Power & Energy category by AsiaOne magazine for his contribution to the sector in 2019.
Read: Bangladeshis dominate Forbes 30 Under 30 Asia 2021 list
Meanwhile, with a net worth of $15.6 billion, Li Xiting, founder and chairman of medical equipment provider Shenzhen Mindray Bio-Medical Electronics, topped the list of Singapore's 50 wealthiest citizens.
2 years ago
Post-COVID-19 era offers huge opportunities for Bangladesh: Aziz Khan
Muhammed Aziz Khan, founder and Chairman of Summit Power International Limited, Summit Holdings Ltd and IPCO Developments (Bangladesh) Limited, has said there will be huge opportunities for Bangladesh in the post-Covid-19 scenario that the country needs to utilize.
4 years ago
Cosmos Foundation's webinar on impact of COVID-19 on Bangladesh Friday
As part of Cosmos Dialogue, a webinar titled “Impact of COVID-19 on Bangladesh: Prognosis for Recovery" will be held on Friday connecting experts from home and abroad virtually.
The webinar will begin at 8pm (BST) at www.facebook.com/unbnewsroom which will be the first-ever webinar as part of Cosmos Dialogue.
4 years ago