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Top 10 richest man in asia

Top 10 richest man in asia

(10.)Chirathivat family

Chirathivat family

Net Worth: $19.3billion                                                                                    Country:Thailand

The Chirathivat family  is a thai family of Chinese descent. The family was headed by Tiang Chirathivat (1905–1968), who migrated to Siam from Hainan and settled in Bangkok in 1927. Tiang had 26 children with three wives that resulted in roughly 220 Chirathivat offspring. Fifty-one are involved in the business. Today his descendants jointly own and manage the Central Group, and are ranked third on Forbes’ list of Thailand’s fifty richest.The Central Group owns more than 60 department stores and shopping malls. It also operates hotels and restaurants, with a total of 5,000 outlets.The Chirathivat family bought the upscale Italian department store chain, La Rinascente, for a reputed US$291 million. The purchase was announced in May 2011 by Tos Chirathivat, a Central Group executive.

(9.)Henry T. Sy Sr.

Sy family

Net Worth: $20.1billion                                                                                Country:Philippines

Henry T. Sy Sr. ( born on October 25, 1924) is a Chinese-Filipino business magnate, investor, and philanthropist. He is involved in the industries of real estate, hospitality, banking, mining, education, and health care. He is responsible for the establishment of SM Malls, anchored by Shoemart Department Store and Supermarket. He is the founder of SM Prime Holdings, the holding corporation for all his business interests in his vast business empire. In 2015, Forbes magazine listed him as the richest man in the Philippines, ahead of 11 other billionaires including John Gokongwei and Lucio Tan.

(8.)Cheng family

Cheng Family

Net Worth: $22.5billion                                                                                   Country:Hong Kong

Patriarch Cheng Yu-tung died in September 2016. Four years earlier he had installed eldest son Henry as chairman and executive director of family-controlled jeweler Chow Tai Fook and conglomerate New World. Interests range from communications to casinos. Henry’s daughter Sonia oversees hospitality and acquired top-end Rosewood Hotels in 2011. Son Adrian runs New World and started C Ventures, funding fashion-focused Chinese companies that cater to Millennials. Henry’s brother Peter heads New World China Land, which holds much of their father’s $16 billion mainland China property portfolio. The elder Cheng worked at the original Chow Tai Fook in Macau and married the boss’ daughter before settling in Hong Kong.

 

(7.)kwek/Quek family

Kwek / Quek

Net Worth: $23.3billion                                                                                   Country:Malaysia

More than 15 family members control Hong Leong Group, a conglomerate with interests ranging from finance to property. The family traces its fortune back to 1941, when Kwek Hong Png founded the company with 3 brothers. Hong Png’s eldest son, Kwek Leng Beng, runs operations in Singapore. Grandson Sherman will take over as chief executive of the family’s City Developments in January 2018. Leng Beng’s cousin Quek Leng Chan runs the group’s Malaysia dealings.

 

 

(6.)Lee Shau-kee

Lee (Shau Kee)

Net Worth: $29billion                                                                                   Country:Hong Kong

Lee Shau-kee ( born 7 March 1929 in , China) is a Hong Kong-based real estate tycoon and majority owner of Henderson Land Development, a property conglomerate with interests in properties, hotels, restaurants and internet services. As of October 2012 according to the Bloomberg Billionaires Index Lee is listed as the 19th richest person in the world. As of January 2018, Lee’s personal wealth was estimated to be $31.5 billion, making him the second wealthiest man in Hong Kong, and the 27th richest in the world.

He was the 4th world richest person in world before the handover of HK in 1997.Since 2006, Lee has accrued substantial profits from his holdings of Mainland-controlled stocks. This return on investment has earned him nicknames including “Hong Kong’s Buffett” and “Asia’s Master of Stock” . He is also affectionately known as “Uncle Four”, one of the very few fourth-born children in the world to have become a multi-billionaire.

(5.)Hartono

Hartono

Net Worth: $32billion                                                                                   Country:Indonesia

  • The Hartono brothers get more than two-thirds of their fortune from their investment in Bank Central Asia.
  • The Hartonos bought a stake in BCA, after another wealthy family, the Salims, lost control of the bank during the 1997-1998 Asian economic crisis.
  • The roots of the family fortune stem from kretek cigarette maker Djarum, started by their father and now run by Budi’s son Victor.
  • Family holdings include popular electronics brand Polytron and prime real estate in Jakarta.

 

 

(4.)Chearavanont family

Chearavanont

Net Worth: $36.6billion                                                                                   Country:Thailand

The family behind Charoen Pokphand Group, one of the world’s largest producers of animal feed and livestock, got a nearly $9 billion boost to its wealth in 2017 partly due to a surge in the value of its holding in Chinese insurer Ping An, whose shares jumped on rising income and bond yields. The business dates back to 1921, when brothers Chia ek Chor and Choncharoen Chiaravanont opened a shop selling seeds imported from China to Thai farmers. Today the group is led by Chia Ek Chor’s son Dhanin, who is senior chairman and shares the fortune with his 3 brothers and other relatives. After 48 years as chairman and CEO, in January 2017, Dhanin Chearavanont crowned his eldest son, Soopakij, 53, and the youngest, Suphachai, 50, as CP’s chairman and CEO, respectively.

 

(3.)Kwok family

Kwok family

Net Worth: $40.4billion                                                                                   Country:Hong Kong

Real estate tycoon Thomas Kwok, former cochairman of Hong Kong-listed developer Sun Hung Kai Properties, returned to prison in June 2017 after his final appeal was rejected. In 2014 he was sentenced to five years in connection with a corruption case and was released on bail in July 2016. Since 2014, one of his two brothers, Raymond, has been the sole chairman of Sun Hung Kai. Despite the legal defeat for Thomas, the group achieved a record $6.7 billion in sales under contract for the year that ended in June 2017, an increase of 28% over the previous 12 months. The group has been expanding in China, where nearly 60% of its 120 million square feet in properties are located. The two brothers ousted their eldest brother, Walter, in 2008, and he now runs his own real estate firm. Patriarch Kwok Tak-Seng cofounded Sun Hung Kai & Co. with Fung King Hey and Lee Shau Kee in 1969 and three years later set up Sun Hung Kai Properties on his own.

 

(2.)Lee (Byung-Chull)

Lee (Byung-Chull)

Net Worth: $40.8billion                                                                                   Country:South korea

(1.)Mukesh Dhirubhai Ambani

 Ambani

Net Worth: $44.8billion                                                                                   Country:India

Mukesh Dhirubhai Ambani (born 19 April 1957) is an Indian business magnate who is the chairman, managing director and largest shareholder of Reliance Industries Limited (RIL), a Fortune Global 500 company and India’s most valuable company by market value.He holds a 44.7% stake in the company. RIL deals mainly in refining, petrochemicals, and in the oil and gas sectors. Reliance Retail Ltd., another subsidiary, is the largest retailer in India.

He is the elder son of the late Dhirubhai Ambani and Kokilaben Ambani and the brother of Anil Ambani. As of January 2018, Mukesh Ambani was ranked by Forbes as 18th-wealthiest person in the world, with a net worth of $43.2 billion. In 2016, he was ranked 38, and is the only Indian businessman, on Forbes list of the world’s most powerful people. As of 2016, Ambani has consistently held the title of India’s richest person on the magazine’s list for ten years. Through Reliance, he also owns the Indian Premier League franchise Mumbai Indians. In 2012, Forbes named him one of the richest sports owners in the world.He resides at the Antilia Building, one of the world’s most expensive private residences. Its value is close to $1 billion. As of 2015, Ambani ranked fifth among India’s philanthropists, according to China’s Hurun Research Institute.

All data is according to forbes 2017 survey.

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