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TEMPO.CO, Jakarta - Asian countries have been demonstrating significant progress, with strong innovation and enhanced development across various sectors of life, including economic systems.
Pioneering the region’s reputation in the international scene, these richest families in Asia continue to demonstrate excellence in major business fields. While some view the wealthy figures from an investor's standpoint, others focus more on their overall net worth.
7 Richest Families in Asia
Forbes and Bloomberg highlighted several richest families in Asia, including the Ambani Family, Hartono Family, and Tsai Family, each with their net worth. Read on to discover more from the list below:
1. Ambani Family - $90.5 billion (India)
The richest family in Asia, the Ambani family, traced their fortune back to the late 1950s when their father, Dhirubhai Ambani, started Reliance Industries. Beneath the successful story, it’s known that sons of the conglomerate experienced a fallout in 2002 due to their father’s passing without a will.
Today, Reliance Industries is bestowed to Mukesh Ambani, whose interests align with leading business fields including telecom, media, retail, financial services, petrochemicals, oil, and gas. The Mumbai-based conglomerate reportedly lives in a 27-story mansion, also known as the world’s most expensive private residence.
2. Chearavanont Family - $42.6 billion (Thailand)
Charavanont Family is a business tycoon in food, telecom, and retail establishments. Their staggering fortune comes from one of the world’s current largest producers of animal feed and livestock. Dating back to an endeavor begun in 1921, their business is now led by Chia Ek Chor’s son, Dhanin.
3. Hartono Family - $42.2 billion (Indonesia)
The Indonesian Hartono family is renowned for their large cigarette empire, Djarum, which was bought by the father, Oei Wie Gwan, of the country’s conglomerates. After the death of their father in 1963, Budi and Michael Hartono invested a large sum of money in a private bank, Bank Central Asia, which now makes up most of the Hartono family’s fortune.
Aside from finances and cigarettes, the family took an interest in the football club Como 1907. The Hartono siblings saved this club from bankruptcy in 2019 and successfully resurrected it to Italy’s prestigious championship, Serie A, last year.
4. Mistry Family - $37.5 billion (India)
Pallonji Mistry’s grandfather pioneered the family’s construction enterprise back in 1865. The 160-year old company has been involved in numerous iconic establishments including a reservoir supplying water to Mumbai residents and a remarkable contract of building the palace of the Sultan of Oman.
It was also reported that Shapoorji Pallonji Group has raised $646 million upon listing its construction firm, Afcons Infrastructure, on the stock exchange.
5. Kwok Family - $35.6 billion (Hong Kong)
The Kwok family receives a mind-boggling fortune from their shares in Sun Hung Kai Properties, one of Hong Kong’s biggest real estate developers. One of the sons of the late Kwok Tak-seng now chairs the empire. Recent reports mentioned that Sun Hung Kai Properties’ upcoming development in West Kowloon is to rent the entire 14-story building to UBS Group to host all the bank’s staff in the city.
6. Tsai Family - $30.9 billion (Taiwan)
Thanks to the Cathay Life Insurance they founded back in 1962, the Tsai brothers are among the current richest families in Asia. Several years into the business, the two brothers came to a mutual agreement of dividing the company into Cathay Life Insurance, helmed by Tsai Wan-lin, and Cathay Insurance, led by Tsai Wan-tsai.
One of the subsidiaries of their empire is currently expanding in Southeast Asia, hiring more headcount in Singapore.
7. Jindal Family - $28.1 billion (India)
OP Jindal Group has been a big name in various business sectors, including cement, sports, steel, and energy. The death of Haryana minister Om Prakash Jindal in a helicopter crash in 2005 had led his wife, Savitri, to assume the leadership of the family’s business. The sons of the late conglomerate are actively growing the enterprise in certain areas of electric vehicles, renewable energy, aluminum production, and green hydrogen.
Whether viewed from an investment perspective or sheer net worth, these richest families in Asia remain at the forefront of the region's economic ecosystem. To those of you who are interested in financial coverage, see also the world’s richest people at the first quarter of 2025 here.
BLOOMBERG | FORBES
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