Ambani Family Holds the Crown as Asia's Richest: Discover Which Indian Families Made the Top 20 List

Indians continue to dominate the wealth charts across Asia, thanks to their business acumen, with six families making it to Bloomberg’s list of Asia’s 20 richest families. The Ambani family, led by Mukesh Ambani, takes the top spot with a combined fortune of $90.5 billion. Their flagship company, Reliance Industries, is a massive conglomerate with business interests spanning energy, telecommunications, and retail. The family’s residence, Antilia, is famously the most expensive private residence in the world, a 27-story mansion in Mumbai.

In second place is Thailand’s Chearavanont family, with a fortune of $42.6 billion. Their wealth comes from the Charoen Pokphand Group, which operates in diverse sectors like food, retail, and telecom, making it one of Southeast Asia’s largest conglomerates. Close behind are Indonesia’s Hartono family, with $42.2 billion, who made their fortune with Bank Central Asia and a tobacco business background.

Fourth on the list is India’s Mistry family, with a wealth of $37.5 billion. The Shapoorji Pallonji Group, which operates in construction, engineering, and several other sectors, is the family’s flagship. They also hold a significant stake in the Tata Group, one of India’s largest and most influential conglomerates.

In fifth place, we have Hong Kong’s Kwok family, with a net worth of $35.6 billion. They control Sun Hung Kai Properties, one of Hong Kong's largest real estate developers. Taiwan’s Tsai family, with a fortune of $30.9 billion, takes the sixth spot. Their wealth comes from Cathay Life Insurance, Fubon Insurance, and their investments in real estate and telecom.

India’s Jindal family, with a net worth of $28.1 billion, claims the seventh spot. Their conglomerate, the OP Jindal Group, operates in steel, energy, cement, and sports industries. Thailand’s Yoovidhya family, owners of TCP Group and makers of the global energy drink Red Bull, follow in eighth place with a fortune of $25.7 billion.

The Birla family, a household name in India, takes the ninth spot with a net worth of $23 billion. Their Aditya Birla Group spans multiple industries, including financial services, metals, and retail. South Korea’s Lee family, the driving force behind tech giant Samsung, rounds out the top ten with a fortune of $22.7 billion.

India’s Bajaj and Hinduja families also make a significant impact on the global business stage. The Bajaj family, known for their automotive and financial services, is valued at $20.1 billion, while the Hinduja family, with diverse interests in sectors like automotive, energy, and banking, is worth $15.2 billion. These families reflect the growing economic power of Asia and showcase the diverse industries that have contributed to their immense wealth.