Bangladesh's entrepreneur Muhammed Aziz Khan, chairman of Summit Group, was named as the 34th richest man in Singapore in the Forbes' list for 2018.
His net worth was $910 million as of July 25, said Forbes on its website.
“I am very pleased and happy to be making to the list,” Khan said, according to his company.
Forbes has taken into consideration only the power assets worth $910 million, according to Mohsena Hassan, head of public relations of Summit Corporation.
All of Khan and his family's assets, which are all in Bangladesh, worth about $1.5 billion, she said in an email.
Khan, a 63-year-old entrepreneur, is one of the pioneers in the power industry of Bangladesh with more than 36 years of experience.
Summit Group is one of the leading private sector conglomerates of Bangladesh, comprising more than 20 business units. It has interests in power, ports, fibre optics, real estate and liquefied natural gas.
A Singapore permanent resident, Khan is planning to list power unit Summit Power International (SPI) on the Singapore exchange.
He ventured into businesses in 1973, at a time when there was hardly any track record of the country producing successful entrepreneurs.
But in the course of the last four decades, Khan has gone on to cement his name among the country's most illustrious businessmen.
He set up Summit Industrial and Mercantile Corporation in 1985, aiming to develop the country's infrastructure.
