Top 10 Richest People In Myanmar 2020 | Rich and Famous TV

Top 10 Richest People in Burma 2020 | Rich and Famous TV
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Top 10 Richest People In Myanmar in 2020

Myanmar (formerly Burma) is a Southeast Asian nation of more than 100 ethnic groups, bordering India, Bangladesh, China, Laos and Thailand. Yangon (formerly Rangoon), the country’s largest city, is home to bustling markets, numerous parks and lakes, and the towering, gilded Shwedagon Pagoda, which contains Buddhist relics and dates to the 6th century. Here are the top ten richest people in Burma for the year 2020:

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10. Eike Tun. Net Worth: $1.2 Million

U Eike Tun is Managing Director of one of the most successful construction businesses in Burma—the Olympic Construction Company, which was established in 1990. In collaboration with the government Housing Development Agency and Yangon Municipality, Olympic Construction Co. has engaged in recent housing projects such as Wisaya Plaza, Myaing Haywin Housing, Kanthaya Plaza and Olympic Tower. The Company is also engaged in agricultural projects in the Delta and Magwe Divisions and the Eight Mile Junction Supermarket which has been in business since 1999.

U Eike Tun is also a vice president of a sister company of the Olympic Construction Company—the Asia Wealth Bank. The Asia Wealth Bank was established in 1994 and is one of Burma’s best known private commercial banks with many branches in Burma. The bank’s chair is U Win Maung who speaks little Burmese and is also thought to be Kokang-Chinese. U Eike Htun however is articulate in Burmese and frequently appears at public ceremonies and meetings. He has good connections with top ruling leaders notably, Lt Gen Khin Nyunt.

Many businessmen conclude the bank’s success is due to the bold risks it has taken compared to competitors. Asia Wealth Bank has received substantial support from Chinese business interests. The bank has introduced and distributed bankcards, gift cheques, and travelers cheques. The Asia Wealth Bank introduced “New Generation” credit cards to its clients at the end of 1999. It is the only private bank that provides safe and security boxes to clients.
9. Khin Shwe. Net Worth: $2.3 Million

Khin Shwe has served as a Member of Parliament from 2011 to 2016. In the Myanmar general election, 2010, he was elected as a Amyotha Hluttaw MP for Yangon Region’ Constituency ? 9, Twante, Kawhmu, and Kungyangon Townships. He is the chairman of Zaykabar Construction, one of the country’s largest construction companies.

He also serves as chairman for the National Development Group of Companies, Myanmar Tourism Board and the Myanmar Construction Entrepreneurs Association. The Burmese government has awarded him two titles: Thiri Thudhamma Manijotadhara (1998) and Agga Maha Thirithudhamma Manijhotadhara (2001).

Khin Shwe is head of Sasana Nogghaha, a religious organization supported by the Burmese government. Along with Htay Myint, Dagon Win Aung and Nay Zin Latt, Khin Shwe serves as a patron of the Myanmar Hoteliers Association.
8. Htay Myint. Net Worth: $2.5 Million

Wunna Kyawhtin Htay Myint is the chairman of the Yuzana Company, a major conglomerate in Myanmar (Burma) and seved as Member of Parliament in the Pyithu Hluttaw for Myeik Township from 2011 to 2016.

He also owns the Southern Myanmar United Football Club. In 1994, he founded the Yuzana Company, which is involved in the transportation, construction, hotel, palm oil and rubber production industries.

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