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Wednesday, November 6, 2024
CEOWORLD magazine - Latest - Stats Gate - Business Dynasties: The 20 Richest Families In Asia

Stats Gate

Business Dynasties: The 20 Richest Families In Asia

Mukesh Ambani
Reliance Industries Limited (RIL) chairman Mukesh Ambani

Not surprisingly, with a $76.0 billion fortune, the Ambanis of India are the richest business family in Asia. The Ambanis are behind the oil-to-telecom conglomerate Reliance empire. The Kwok family of Hong Kong ranks No. 2 on our annual ranking of Asia’s wealthiest business families, with a fortune of $33 billion, followed by Chearavanont family of Thailand (31.7 billion), and Hartono family of Indonesia ($31.3 billion).

Rounding out the top five is South Korea’s Lee family, which controls the formidable Samsung empire, with a combined net wealth of $26.6 billion. The Ambani family is now the richest family in Asia. Ambanis alone owns nearly 17% of the total $463 billion fortune that the top 20 richest families in Asia own.

Richest families in Asia

RankNameWealthCountry
1Ambani$76.0 billionIndia
2Kwok$33.0 billionHong Kong
3Chearavanont$31.7 billionThailand
4Hartono$31.3 billionIndonesia
5Lee$26.6 billionSouth Korea
6Yoovidhya$24.2 billionThailand
7Cheng$22.6 billionHong Kong
8Mistry$22.3 billionIndia
9Pao/Woo$20.2 billionHong Kong
10Sy (Henry Sy)$19.7 billionPhilippines
11Tsai$19.0 billionTaiwan
12Lee$17.3 billionHong Kong
13Kwek/Quek$16.5 billionSingapore
14Torii/Saji$16.3 billionJapan
15Kadoorie$16.1 billionHong Kong
16Hinduja$15.1 billionIndia
17Ho (Stanley Ho)$14.6 billionHong Kong
18Chung$14.1 billionSouth Korea
19Ng$13.8 billionSingapore
20Chirathivat$12.9 billionThailand

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CEOWORLD magazine - Latest - Stats Gate - Business Dynasties: The 20 Richest Families In Asia
Sophie Ireland
Sophie is currently serving as a Senior Economist at CEOWORLD magazine's Global Unit. She started her career as a Young Professional at CEOWORLD magazine in 2010 and has since worked as an economist in three different regions, namely Latin America and the Caribbean, Africa, East Asia, and the Pacific. Her research interests primarily revolve around the topics of economic growth, labor policy, migration, inequality, and demographics. In her current role, she is responsible for monitoring macroeconomic conditions and working on subjects related to macroeconomics, fiscal policy, international trade, and finance. Prior to this, she worked with multiple local and global financial institutions, gaining extensive experience in the fields of economic research and financial analysis.


Follow her on Twitter, Facebook, Instagram, or connect on LinkedIn. Email her at sophie@ceoworld.biz.