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Whoa! Check out the 12 Richest Families in Asia, Some are from Indonesia

Jakarta, CNBC Indonesia Asia has a list of the richest families on the continent. They are spread in a number of countries, from India, South Korea, Hong Kong, Thailand to Indonesia.

Currently, there are at least 12 of the richest families in Asia, including:

Ambani Family from India

Company: Reliance Industries

The richest family in Asia is the Ambani family from India. They have a wealth of US $ 88.3 billion (approximately 1,255 trillion).

This is not surprising. Mukesh Ambani, is currently the richest person in Asia.

The source of the Ambani family’s wealth comes from Reliance Industries. The company is engaged in the oil and gas sector.

The Kwok Family from Hong Kong

Company: Sun Hung Kai Properties

The Kwok family are the real estate lords in Hong Kong. The total wealth, Walmer, Raymond, and Thomas Kwok reached US $ 33 billion.

All three inherited the company from their father in the 1990s. But the oldest brother in the family, Walmer, died in 2018 from a stroke.

Chearavanont family from Thailand

Company: Charoen Pokphand Group

The Chearavanont family is the owner of the Charoen Pokphand Group. The company is engaged in the food, retail and telecommunications businesses in Thailand.

His ancestor Chia Ek Chor, sailed from China and moved to Thailand in 1921. The company’s initial business was selling vegetables.

But in the hands of Dhanin Chearavanont’s son, the company’s business turned into a large conglomerate. The total wealth of the family as of December 2020 reached US $ 31.7 billion.

Hartono family from Indonesia

Company: Djarum, Bank Central Asia (BCA)

Initially, Michael and Budi Hartono inherited the famous cigarette company in Indonesia, Djarum, from their father. From there the two brothers led the way as the richest people in the country.

They also invest in Bank Central Asia (BCA). Both do the same thing in the real estate business. This family wealth reached US $ 31.3 billion.

Lee family from South Korea

Company: Samsung

The Lee family has led Samsung for three generations. Now, Jay Y. Lee, is the heir and leader of the tech giant.

The Lee family is listed as having assets of US $ 26.6 billion. Like a Korean drama, the life of this rich family is full of scandals ranging from embezzlement, bribery to Jay who has to serve a prison sentence.

Yoovidhya Family from Thailand

Company: TCP Group

The family started the pharmaceutical business in 1956. But now the business is growing selling consumer goods.

As of December 2020, the family is believed to have a net worth of US$24.2 billion. One of their successful products in the market is Krating Daeng.

Mistry Family from India

Perusahaan: Shapoorji Pallonji Group

This family started the business since 1985. At that time the ancestor Pallonji Mistry started a construction business in collaboration with a British citizen.

Now the family business is growing, including engineering and construction. They have a net worth of $22 billion and own a number of buildings in Mumbai, including the Reserve Bank of India building.

Sy family from Philippines

Company: SM Investments

This one family also comes from China but migrated to the Philippines around the 1950s. Initially the business was built by Henry Sy’s father from a grocery store selling rice, canned sardines to soap.

From a small shop, the family is now able to build a conglomerate in retail, banking and property. The total wealth of the Sy family is US $ 19.7 billion.

The quack family from Singapore

Company: Hong Leong Group

The Kwek family has 15 family members who control the Hong Leong Group company. A holding company that does business in the hospitality to finance sectors in Singapore and Malaysia.

The Quek family’s net worth is $16.5 billion. There are two key figures in the Kwek family, the first being Kwek Leng Chan, who runs the family business in Malaysia. Meanwhile, Kwek Leng Beng, his cousin, runs the family business in Singapore.

Torri/Saji Family from Japan

Company: Suntory

This family starts with the ancestor Shinjiro Torii. He opened a western beverage business in 1899.

In its development in 1961, the company turned into a billion dollar conglomerate with investments in alcoholic beverages to healthy food. Currently, the family’s wealth is around US $ 16.3 billion.

Kadoorie Family from Hong Kong

Perusahaan: CLP Holdings

The Kadoorie family leads the largest energy supply company in Hong Kong, they provide 80% of Hong Kong’s electricity. Michael Kadoorie is a key figure in the family fortune, he heads CLP Holdings and a number of hotels, including Peninsula Hotels.

Michael is the third generation of an influential Iraqi-Jewish family in Hong Kong. Now his family has a net worth of US $ 16.1 billion.

Hindu family from India

Company: Hinduja Group

Apart from Ambani and Mistry, other rich families also came from India. They are a Hinduja family who started a trading and banking business in 1914.

The total wealth of this family is about US $ 15.1 billion. Now, four Hinduja brothers, expanding their business into energy, automotive, finance and health.

They also own their own real estate. Not only in India but also in London, England.

[Gambas:Video CNBC]

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