Muhammed Aziz Khan, the visionary chairman of the Bangladeshi conglomerate Summit Group, has earned a spot on the prestigious Forbes World's Billionaires List for 2024.
Residing in Singapore, Khan is celebrated as the sole Bangladeshi entrepreneur to be featured on this year's list, a testament to his remarkable success and influence in the global business arena.
Khan's inclusion in the Forbes list is a recognition of his substantial contributions to Bangladesh's economy through Summit Group. The conglomerate has made significant strides in various sectors, including power generation, port management, fiber optics, and real estate, under Khan's strategic guidance, according to Forbes.
A testament to his business savvy was the lucrative sale of a 22% stake in Summit Power International to Japan's JERA for $330 million in 2019, which placed the company's valuation at an impressive $1.5 billion.
In a move that underscores the family's commitment to their business legacy, Khan's daughter, Ayesha, has taken the helm at Summit Power International, continuing the path of innovation and growth set by her father.
Globally, Khan is ranked 2545th among the world's billionaires, while in Singapore, where he has made his home, he stands as the 41st wealthiest individual, as per the 2023 Forbes list.
His journey from an ambitious student with an MBA from the University of Dhaka to a global business figure is an inspiring story of determination and skill.
At 69, Khan remains a pivotal figure in the business world, actively shaping the economic narrative in Bangladesh and beyond. His achievements not only reflect his personal success but also highlight the potential of Bangladeshi entrepreneurship on the world stage.
