List of Asia’s 20 Richest Families Released, Includes 6 from India
In a recent report by Bloomberg, the richest families in Asia have been revealed, with six Indian families making it to the top 20 list. The list is dominated by traditional business dynasties, with a significant presence of Indian families. In fact, India has the highest number of families on the list, with six families making it to the top 20.
The Mukesh Ambani family, led by the Reliance Industries chairman, tops the list with a staggering wealth of $90.5 billion. The Ambanis’ wealth is largely driven by their interests in energy, petrochemicals, and telecommunications.
Coming in second is the Chearavanont family from Thailand, with a wealth of $43.4 billion. The family’s wealth is primarily derived from their business interests in food and beverages, with their company, CP Group, being one of the largest food companies in Asia.
The third spot is held by the Hartono family from Indonesia, with a wealth of $34.6 billion. The family’s wealth is largely driven by their interests in banking and finance, with their company, Bank Central Asia, being one of the largest banks in Indonesia.
Other Indian families that feature on the list include the Mistry family, led by Cyrus Mistry, with a wealth of $23.4 billion; the Kwok family from Hong Kong, with a wealth of $22.4 billion; the Tsai family from Taiwan, with a wealth of $18.3 billion; the Jindal family, with a wealth of $17.4 billion; and the Birla family, with a wealth of $15.5 billion.
Other notable families that feature on the list include the Yoovidhya family from Thailand, the Lee family from South Korea, and the Hinduja family from India.
It is worth noting that the list excludes 1st-generation wealth creators, such as the Adani family, who have built their wealth through entrepreneurial ventures. The list instead focuses on traditional business dynasties that have built their wealth over generations.
The Bloomberg report highlights the significant presence of Indian families on the list, with six families making it to the top 20. This is a testament to the country’s business-friendly environment and the ability of its entrepreneurs to build and sustain successful businesses over generations.
In conclusion, the release of Bloomberg’s list of Asia’s 20 richest families is a significant event that highlights the wealth and success of some of the continent’s most prominent business families. The inclusion of six Indian families on the list is a testament to the country’s business prowess and its ability to produce successful entrepreneurs and business leaders.
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