Indian billionaire Mukesh Ambani's family named Asia's richest

^{Photo: Bloomberg}
The family of Indian billionaire Mukesh Ambani has topped the Bloomberg ranking of Asia's 20 richest families.

The list also includes wealthy families from India, Thailand, China, Indonesia, Malaysia and other countries. The Ambani family, who own the Indian conglomerate Reliance Industries, topped the list with $90.5 billion in financial assets.

The second place in the ranking went to the Thai Cheravanont family, with a fortune of $42.6 billion - they own the Charoen Pokphand group of companies, which is engaged in food products and Asia's leading telecommunications business. Indonesian banker Hartono took third place with a capital of $ 42.2 billion. In addition to Ambani, Bloomberg included six other Indian billionaire families in the list.

The total wealth of billionaires in India has tripled over the past 10 years and now amounts to $ 905.6 billion. According to the Swiss financial holding UBS Group, the number of Indian billionaires has more than doubled during this time and has reached 300.

Currently, 108 family businesses with a capital of more than $ 1 billion are registered in the country, which puts India in the top 3 in the world. Family businesses have played a significant role in India's economic growth and have had a significant impact on the country's economic transformation. Factors such as urbanization, the growth of industrial potential and India's transition to green energy have led to a significant increase in the number of Indian billionaires.

According to forecasts, the number of billionaires in India will continue to grow in the next ten years, similar to the situation observed in China until 2020. Follow “Zamin” news on “Telegram”