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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

1 Lee (Byung-Chull) family Samsung 1938 $26.6 Billion
2 Lee (Shau Kee) family Henderson Development 1973 $24.1 Billion
3 Ambani family Reliance Group 1966 $21.5 Billion
4 Chearavanont family Charoen Pokphand Group 1921 $19.9 Billion
5 Kwok family Sun Hung Kai & Co 1969 $19.5 Billion
6 Kwek / Quek family Hong Leong group 1941 $18.9 Billion
7 Premji family Wipro 1945 $17 Billion
8 Tsai (Wan-Tsai) family Cathay Financial 1962 $15.1 Billion
9 Hinduja family Hinduja Group 1914 $15.4 Billion
10 Mistry family Shapoorji Pallonji Group 1865 $14.9 Billion

OTHER INDIAN FAMILIES IN LIST

15 Godrej family Godrej Group 1897 $11.4 Billion
19 Mittal family Arcelor Mittal 1976 $10.1 Billion
22 Birla family Aditya Birla Nuvo Ltd 1857 $7.8 Billion
29 Bajaj family Bajaj Group 1926 $5.6 Billion
30 Burman family Dabur India Ltd. 1884 $5.5 billion
33 Patel family Cadila Healthcare 1951 $4.8 Billion
40 Lal family Eicher Group 1948 $4 Billion
42 Bangur family Shree Cement 1979 $3.9 Billion
43 Jindal family Jindal Group 1952 $3.8 Billion
46 Munjal family Hero Group 1947 $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.