Meet Moosa Bin Shamsher: Bangladesh's richest person, he is 40,000 times richer than Sheikh Hasina

When we talk about billionaires, names like Elon Musk, Jeff Bezos, Mukesh Ambani and Gautam Adani often come to our mind. However, many might not be aware that Bangladesh also has its share of wealthy individuals. Despite facing challenges like poverty and unemployment, the country is home to several billionaires who have built impressive fortunes. These individuals are not only making headlines in Bangladesh but are also catching global attention with their vast wealth. Today, we'll focus on one such billionaire, Moosa Bin Shamsher, and explore how wealthy he is.

Who is Moosa Bin Shamsher?

Credit: Alchetron

Moosa Bin Shamsher was born on October 15, 1945, in Faridpur, Bangladesh, into a well-known Muslim family. His father, Shamsher Ali Molla, was a senior officer during the British rule in India. Moosa was a brilliant student from an early age and showed exceptional intelligence at Faridpur Rajendra College. He later studied at California State University, where he earned a Ph.D. in Economics.

Moosa also had a passion for literature and culture, winning the All Pakistan Inter-School English Debate Competition. During the Liberation War, he was arrested by the Pakistani Army and was in poor health when he was released, needing treatment at Faridpur Sadar Hospital. After the war, he helped rebuild Bangladesh's economy.

Moosa Bin Shamsher began his career early and became a prominent business leader in Bangladesh. He started with DATCO, a company that exported manpower, and later moved into the arms trade, becoming a billionaire by selling tanks, fighter planes, and other weapons worldwide.

His success in the arms industry led to him being featured in a 1998 Sunday Telegraph article titled "Man with the Golden Guns." Known in the West as Prince Moosa for his unique style, he faced controversy over claims that he had $7 billion hidden in a Swiss bank. In 2007, Moosa established the DATCO Group, which deals in international weapons and exports Bangladeshi workers for global construction projects.

Moosa Bin Shamsher's net worth

Moosa Bin Shamsher is the richest person in Bangladesh. He founded the DATCO Group, a recruitment firm. Moosa Bin Shamsher is an international arms dealer and power broker. His net worth is around $12 billion (Approx Rs 1 lakh crore), reported in tv9hindi. In comparison, former Bangladesh PM Sheikh Hasina¡¯s net worth is just Rs 2.48 crore. This makes Moosa Bin Shamsher 40,000 times richer than Hasina.

Other Top Bangladeshi Billionaires

• Salman F Rahman: Chairman of the Beximco Group, one of the largest groups in Bangladesh, Salman¡¯s net worth is about $2 billion (Approx Rs 16,600 crore).
• Tarique Rahman: The eldest son of former President Ziaur Rahman and former Prime Minister Khaleda Zia, Tarique Rahman has a net worth of approximately $1.7 billion, which is around Rs 14,110 crore.
• Sajeeb Wazed Joy: The son of former Prime Minister Sheikh Hasina, Joy is also the current ICT advisor to the Prime Minister and chairman of the ICT company Synapse. His net worth is about $1.5 billion, or Rs 12,450 crore.
• Saeed Abul Hussain: Chairman and MD of the Apex Group and chairman of the Bangladesh Association of Pharmaceutical Industries (BAPI). His net worth is approximately $1.2 billion, or Rs 9,960 crore.
• Ahmed Akbar Sobhan: Chairman of the Bashundhara Group, one of Bangladesh's largest groups. His net worth is estimated at $1 billion (Approx Rs 8,300 crore.)
• Giasuddin Mamun: Former chairman of the Meghna Group. His net worth is around $420 million, which is about Rs 3,486 crore.
• Dr. Muhiuddin Khan Alamgir: A Bangladeshi economist and politician with a net worth of about $400 million, or Rs 3,320 crore.