The 20 Richest Families In Asia Control More Than 450 Billion

The 20 wealthiest families in Asia are worth more than $450 billion combined – highlighting how the current economic climate is making rich people even wealthier and widening the gap between the wealthy and the rest of the population. Hong Kong minted six of the biggest family fortunes and has one of the widest wealth gaps of any country in the world. Familiar names are missing from this list. Jack Ma, for instance. This is a list of the wealthiest dynasties in Asia, so first-generation fortunes like Ma’s, or those that are run by a single heir, do not quality. When you consider Ma’s $39 billion fortune, Ma Huateng’s $42 billion fortune, and Tadashi Yanai’s $17 billion fortune – well, its staggering how many multi-billion fortunes reside in Asian countries. Thanks to the rise of the tech industry and a global economy, the wealthy are making their millions and billions all over the world, not just in the West. #20. Chung Family Country: Korea Source of wealth: Hyundai Net Worth: $13.5 billion #19. Lee Family Country: Hong Kong Source of wealth: Lee Kum Kee oyster sauce Net Worth: $14.7 billion #18. Torii/Saji Family Country: Japan Source of wealth: Alcohol distributor Net Worth: $14.8 billion #17. Ho Family Country: Hong Kong Source of wealth: Casinos and Hotels Net Worth: $14.9 billion #16. Hinduja Family Country: India Source of wealth: Energy, automotive, finance, health care Net Worth: $16 billion #15. Tsai Family Country: Taiwan Source of wealth: Cathay Financial/Insurance Net Worth: $16.2 billion #14. Pao Family Country: Hong Kong Source of wealth: Property development Net Worth: $16.7 billion #13. Ng Family Country: Singapore Source of wealth: Soy Sauce/Property development Net Worth: $13.2 billion #12. Cheng Family Country: Hong Kong Source of wealth: Jewelry Net Worth: $18.2 billion #11. Kwek/Quek Family Country: Singapore/Malaysia Source of wealth: Property development/finance/hospitality Net Worth: $18.4 billion #10. Kadoorie Family Country: Hong Kong Source of wealth: Peninsula Hotel Group Net Worth: $18.5 billion #9. Chirathivat Family Country: Thailand Source of wealth: Jd.com/retail Net Worth: $20.3 billion #8. Sy Family Country: Philippines Source of wealth: Retail – department stores and supermarkets Net Worth: $20.9 billion #7. Mistry Family Country: India Source of wealth: Construction Net Worth: $21.1 billion #6. Yoovidhya Family Country: Thailand Source of wealth: Red Bull Net Worth: $24.5 billion #5. Lee Family County: South Korea Source of wealth: Samsung Net Worth: $28.5 billion #4. Hartono Family Country: Indonesia Source of wealth: Cigarettes/banking Net Worth: $32.5 billion #3. Chearavanont Family Country: Thailand Source of wealth: Food/retail/telecom Net Worth: $37.9 billion #2. Kwok Family Country: Hong Kong Source of wealth: Poperty development Net Worth: $38 billion #1. Ambani Family Country: India Source of wealth: Reliance Industries-oil/telecom Net Worth: $50.4 billion