Summit Group chairman Muhammed Aziz Khan has secured the 49th position in the Forbes’ 2025 list of Singapore’s 50 richest people amid graft allegations in Bangladesh.
According to the American business magazine, which released the ranking on Wednesday, the Bangladesh-born businessman, now a Singaporean citizen, has a real-time net worth of $1.1 billion.
The 70-year-old businessman’s inclusion in the list comes at a time when the Anti-Corruption Commission in Bangladesh is probing allegations of money laundering and amassing illicit wealth through corruption against Aziz Khan and his family members.
Aziz Khan first entered Forbes’ Singapore billionaires list in 2018 with a net worth of $910 million. He was ranked 42nd in 2022 and 41st in 2023.
Eduardo Saverin, cofounder of Meta Platforms, ranked first in the 2025 list with $40.4 billion net worth.
In the 2025 Forbes global billionaires list, Aziz Khan is placed at 2,790th.
Summit Group, founded by Aziz Khan, has diversified interests in power, ports, fibre optics and real estate in Bangladesh.
In 2019, Aziz Khan sold a 22 per cent stake in Summit Power International to Japan’s JERA for $330 million, according to Forbes.
