'Asian Wealthy Families'... Samsung 5th, Hyundai Kia Motors 18th
[Asia Economy Reporter Kiho Sung] Among the 'wealthy families in Asia,' the Ambani family of India holds the largest fortune, while the Samsung and Hyundai-Kia families rank 5th and 18th respectively, according to a recent survey.
Bloomberg reported on the 29th that the top 20 wealthy families in Asia, excluding first-generation companies led by founders and companies with only one successor, held assets totaling $463 billion (approximately 511.9391 trillion KRW) as of the 13th.
According to the report, the Ambani family, which controls the Indian conglomerate Reliance Industries, ranked first with assets worth $76 billion.
Second place went to the Guo family ($32 billion), who lead the Hong Kong real estate conglomerate Sun Hung Kai Group. Third was the Chearavanont family ($31.7 billion), leaders of Thailand's CP (Charoen Pokphand) Group, and fourth was the Hartono family ($31.3 billion), owners of Indonesia's tobacco company Djarum and BCA Bank.
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Following them, the Samsung family's assets were valued at $26.6 billion, ranking 5th. The Hyundai-Kia family, led by Chairman Chung Euisun, was ranked 18th with assets of $14.1 billion.
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