Mukesh Ambani family is the richest in Asia; tops Forbes list
Written by : SMTV24x7 | Thu, Nov 16, 2017, 11:30 PM
India’s Mukesh Ambani family is the richest in Asia as its net worth rose USD 19 billion to USD 44.8 billion, toppling the Lees of the Samsung empire, to claim the numero uno position, Forbes said.
Korea’s Lee family still saw its wealth soar by USD 11.2 billion to USD 40.8 billion this year as shares of Samsung Electronics moved up 75 per cent over the past year, but it dropped to second spot.
According to Asia’s 50 Richest Families compiled by Forbes, Hong Kong’s Kwok family, Asia’s richest real estate household that controls Sun Hung Kai Properties, ranked third this year with a net wealth of USD 40.4 billion. Thailand’s Chearavanont family of the Charoen Pokphand Group took the fourth spot on the list, with a net worth of USD 36.6 billion.
“No family highlights this surge better than the Ambanis of India, this year’s biggest gainer in dollar and percentage terms,” Forbes said.