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14 Indian kinsfolk glittered in Forbes 50 Asian Richest Families list

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India’s name is marked in “Forbes 50 richest families in Asia” featuring 14 Indian families in the list with 4 spots in top 10.

  • List is headed by the Lee family with revenues 22% of the South Korea’s GDP

14 Indian kinsfolk glittered in Forbes 50 Asian Richest Families list

Here is the list of top 10 richest family and Indians spots

Ranking

Name

Source of Income

Founded

Net Worth

1Lee (Byung-Chull) familySamsung1938$26.6 Billion
2Lee (Shau Kee) familyHenderson Development1973$24.1 Billion
3Ambani familyReliance Group1966$21.5 Billion
4Chearavanont familyCharoen Pokphand Group1921$19.9 Billion
5Kwok familySun Hung Kai & Co1969$19.5 Billion
6Kwek / Quek familyHong Leong group1941$18.9 Billion
7Premji familyWipro1945$17 Billion
8Tsai (Wan-Tsai) familyCathay Financial1962$15.1 Billion
9Hinduja familyHinduja Group1914$15.4 Billion
10Mistry familyShapoorji Pallonji Group1865$14.9 Billion

OTHER INDIAN FAMILIES IN LIST

15Godrej familyGodrej Group1897$11.4 Billion
19Mittal familyArcelor Mittal1976$10.1 Billion
22Birla familyAditya Birla Nuvo Ltd1857$7.8 Billion
29Bajaj familyBajaj Group1926$5.6 Billion
30Burman familyDabur India Ltd.1884$5.5 billion
33Patel familyCadila Healthcare1951$4.8 Billion
40Lal familyEicher Group1948$4 Billion
42Bangur familyShree Cement1979$3.9 Billion
43Jindal familyJindal Group1952$3.8 Billion
46Munjal familyHero Group1947$3.2 Billion

This was the first ever ranking of Asia’s richest families in which 50 gens are taken from 10 Asian countries which are selected on the basis of following criteria

  • Involvement of minimum of 3 generations.
  • The miniumum net worth entry was US $2.9 billion and valuations are based on stock prices and exchange rates as on September 25.

Most of the richest families in the list are of Chinese ancestry but none is of mainland.