A look at the richest Asian families in 2025 and their vast empires

WorldBusiness & Finance
3 Mar 2025 • 6:00 PM MYT
LifestyleAsia MY
LifestyleAsia MY

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From the Ambani family in India to the Zhang family in China, Asia is home to some of the richest families in the world in 2025. In fact, these richest Asian families have not only been contributing to the world economy for generations but are also driving their respective countries towards greater economic prosperity.

According to a February 2025 Bloomberg report, the 20 richest Asian families in 2025 have collectively topped a new high of more than USD 550 million in wealth. The Ambani clan still sits atop the list of Asia’s richest families, followed by Thailand’s Chearavanont, Indonesia’s Hartono, Hong Kong’s Kwok and more.

One interesting commonality in the top 10 is that they constantly adapt and harness the power of the latest innovations like artificial intelligence (AI) to expand their empires.

With brands like Samsung, Reliance and Djarum in the mix, the net worth of the richest families in Asia, their journeys and their companies are worth taking a look at.

Note: The net worth of each family mentioned below is based on the information in the Bloomberg report from February 2025 and does not reflect real-time net worth.

Top 10 richest Asian families and their net worth in 2025

1. The Ambanis

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Mukesh (left), Nita (centre) and Akash (left) Ambani (Image courtesy: reliance.com)

Net worth: USD 90.5 billion

Country: India

Company: Reliance Industries

Industry: Multinational conglomerate

Prominent family members: Dhirubhai, Mukesh, Nita, Anant, Akash and Isha Ambani

Drawing an astounding net worth from the various avenues of Reliance Industries, the richest Indian and Asian family is headed by Mukesh Ambani, the younger son of Dhirubhai Ambani, the founder of Reliance. The richest man in Asia, according to the Bloomberg Billionaires Index, Mukesh is the current chairman and managing director of the conglomerate.

Dabbling in various industries like retail, AI, oil and tech amongst others, each vertical of the company is headed by a member of the family. For example, retail is managed by daughter Isha Ambani, tech and communication is headed by elder son Akash Ambani while younger son Anant leads the expansion of Reliance’s energy and materials businesses.

In 2024, Anant Ambani married Radhika Merchant in one of the most expensive weddings in history. With private pre-wedding concerts by global artists like Rihanna, Justin Bieber and Backstreet Boys, the multi-city extravaganza cost over USD 600 million.

The Ambani family resides in Mumbai, living in a 27-storey home called ‘Antilia’, the world’s most expensive private residence.

2. The Chearavanonts

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Dhanin Chearavanont at the 16th Nikkei Global Management Forum in Tokyo in 2014 (Image courtesy: Toru Yamanaka/AFP)

Net worth: USD 42.6 billion

Country: Thailand

Company: Charoen Pokphand Group

Industry: Conglomerate

Prominent family members: Chia Ek Chor, Choncharoen, Dhanin, Jaran, Montri and Sumet Chearavanont

Nearly 100 years old, with four generations working in the Sino-Thai family business, the Chearavanonts are tycoons in the food, retail and tech industries. One of the world’s largest producers of animal feed and livestock, the company was founded by Chia Ek Chor, who fled his village in China for Bangkok after a typhoon with his brother.

In 2025, the Charoen Pokphand Group is led by Chia’s son, Dhanin Chearavanont. Other members of the family include Dhanin’s three older brothers, who collectively hold shares in the company along with him. Dhanin’s eldest son, Soopakij, and the youngest, Suphachai, are the conglomerate’s chairman and CEO, respectively.

The group operates 14 business groups in 21 nations, expanding to sectors like e-commerce and healthcare.

Their latest venture is the tech startup Amity Corp, led by CEO Korawad Chearavanont, the grandson of the Thai billionaire. The startup’s offerings include Enterprise and Generative AI chatbots, pre-built social features for apps, and websites, and building blocks for engaging employee experiences. Speaking to Reuters about the company, Korawad explained, “Amity’s generative artificial intelligence (AI) chat bots allows its enterprise customers to quickly resolve issues or respond to employee queries. (sic)”

3. The Hartonos

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Armand Wahyudi Hartono, Oei Wie Gwan’s grandson (Image courtesy: Kresnabasudewa, CC BY-SA 4.0, via Wikimedia Commons)

Net worth: USD 42.2 billion

Country: Indonesia

Company: Djarum, Bank Central Asia

Industry: Tobacco, Finance

Prominent family members: Oei Wie Gwan, Michael Bambang, Robert Budi and Armand Wahyudi Hartono

Another one of the richest Asian families in 2025 is the Hartono family. From tobacco to banking, the Hartono brothers have a diverse portfolio. The company started in 1950 when Oei Wie Gwan acquired a cigarette company and rebranded it to Djarum. Today, it is the biggest cigarette company in Indonesia.

In 1963, the business was passed on to Gwan’s two sons Michael Bambang Hartono and Robert Budi Hartono. They also invested in the Bank Central Asia, Indonesia’s largest private bank, after Gwan’s death.

Currently, Armand Wahyudi Hartono, Gwan’s grandson, serves as the deputy president director of Bank Central Asia. Their family holdings also include electronics brand Polytron and prime real estate in Jakarta.

4. The Mistrys

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Pallonji Mistry (left) with former Indian President, Pranab Mukherjee (right) [Image courtesy: President’s Secretariat (GODL-India), GODL-India, via Wikimedia Commons]
Net worth: USD 37.5 billion

Country: India

Company: Shapoorji Pallonji Group

Industry: Conglomerate

Prominent family members: Late Pallonji, Shapoorji, Pallon and Cyrus Mistry

A 19th-century, pre-independence business with the kind of generational wealth that makes it one of the richest Asian families, the Mistrys have expanded their business to not just construction but also engineering.

Founded in 1865, the company is almost five generations old — starting with the founder, the first generation Pallonji Mistry and his son Shapoorji Mistry. Shapoorji’s son and his father’s namesake Pallonji joined the business at 18, taking it to new heights. And, currently, his son, Shapoorji controls the 160-year-old empire. His brother Cyrus Mistry became the chairman of the Tata Group between 2012 and 2016.

In 2022, Shapoorji suffered the loss of his father Pallonji in June and a few months later, of his brother Cyrus, who passed away in a car accident. Shapoorji’s son, Pallon Mistry joined the board in 2019.

According to Forbes, the Mistry family owns an 18.4% stake in Tata Sons with about USD 165 billion in revenue, as of
as of 2024.

Furthermore, it is to be noted that most of the family’s assets are illiquid, held in Tata Sons.

5. The Kwok family

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A picture of Kwok Tak-seng’s son Thomas Kwok (Image courtesy: Exploringlife, CC BY-SA 4.0, via Wikimedia Commons)

Net worth: USD 35.6 billion

Country: Hong Kong

Company: Sun Hung Kai Properties

Industry: Property

Prominent family members: Kwok Tak-seng, Walter, Thomas and Raymond Kwok

At the helm of one of Hong Kong’s leading real estate developers, the Kwok family is another one of the richest Asian families. The company was started in 1972 by Kwok Tak-seng who passed away in 1990, leaving his sons Walter, Thomas and Raymond in charge. The brothers managed the family business until 2008 when Walter lost his title as chairman due to a feud with his brothers.

The company is now led by Raymond although in 2018 Geoffery, Walter’s son was given a non-executive directorial position in the company.

Sun Hung Kai helped build the city’s two tallest buildings, developed most of its biggest hotels and residential towers, and owns several popular shopping malls in Hong Kong.

6. The Tsais

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Richard Tsai (left) and Maggie Tsai (right) at the 2024 LACMA Art+Film Gala by Gucci in 2024 (Image courtesy: Matt Winkelmeyer / Getty Images North America / Getty Images via AFP)

Net worth: USD 30.9 billion

Country: Taiwan

Company: Cathay Financial, Fubon Financial

Industry: Finance

Prominent family members: Wan-tsai, Wan-lin, Hong-tu, Daniel and Richard Tsai

The Tsai siblings Wan-lin and Wan-tsai established Cathay Insurance in 1962. After a family dispute in 1979, the company was divided into Cathay Life Insurance and Fubon Insurance (formerly Cathay Insurance). Following this, Wan-lin took over Cathay and Wan-tsai, Fubon.

Over the years, Cathay became profitable and in 2001, it merged several of its units and became a financial holding company called Cathay Financial Holdings Co. Ltd. Wan-lin’s son Hong-tu became its board chairman. Meanwhile, Wan-tsai took Fubon to greater heights.

Lately, however, the companies have also expanded to the telecom and real estate sectors. According to their Forbes profile, after Wan-lin passed away in 2004, his son took over Cathay Financial Holdings. Additionally, Hong-tu’s sons are VPs in the company with executive powers.

On the other hand, Wan-tsai’s sons, Daniel and Richard have been running Fubon ever since he died in 2014.

7. The Jindals

 

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Net worth: USD 28.1 billion

Country: India

Company: OP Jindal Group

Industry: Industrial

Prominent family members: Late Om Prakash, Sajjan, Ratan and Naveen Jindal

What started as a single steel plant in 1952 by Om Prakash Jindal, is a large conglomerate that deals in energy, sports, cement and, of course, steel today.

The founder, OP Jindal delved into politics, becoming the power minister in Haryana. He passed away tragically in 2005 due to a helicopter crash. Subsequently, his wife Savitri took over as chairwoman. In August 2024, Forbes India listed her as the richest woman in the country with a net worth of USD 39.5 billion.

Her four sons — Naveen, Sajjan, Prithviraj and Ratan Jindal — now manage the business. One of the richest families in India, the Jindal Group, today, is one of the pioneering companies in clean, renewable energy, and electric vehicles along with aluminium and copper production. Some major brands under the group’s portfolio include Jindal Steel & Power Ltd, JSW Steel Ltd and Jindal Power Ltd.

8. The Yoovidhyas

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Chalerm Yoovidhya (right) and Daranee Yoovidhya (centre) at the F1 Grand Prix of Hungary in 2024 (Image courtesy: Mark Thompson/Getty Images)

Net worth: USD 25.7 billion

Country: Thailand

Company: TCP Group

Industry: Food and Beverages

Prominent family members: Late Chaleo, Saravoot and Charerm Yoovidhya

Founders of the most popular energy drink of all time, Red Bull, the Yoovidhya family in collaboration with the Mateschitz family has earned massive wealth with the success of the eponymous brand globally. However, it didn’t initially start that way.

In 1956, Chaleo Yoovidhya started a pharmaceutical company called T.C. Pharmaceutical. By 1975, he expanded into the food and beverages sector and invented ‘Krating Daeng’ — what we know as Red Bull today. The drink was then discovered by the Austrian marketer the late Dietrich Mateschitz who made the drink global.

Both Yoovidhya and Mateschitz poured USD 500,000 to create the company and held 49 per cent of Red Bull each. The remaining two per cent went to Chalerm Yoovidhya, the oldest of Chaleo Yoovidhya’s 11 children.

When Mateschitz passed away, his son Mark Mateschitz inherited his entire stake.

According to a 2025 Bloomberg report, Red Bull GmbH recorded massive revenue and operating profits the previous year. The company’s net sales rose 6.4% in 2024 to USD 11.7 billion, according to selected metrics published on its website.

In 2025, the Yoovidhya family is one of the richest Asian families, all set to open its third factory in China.

9. The Birlas

 

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Net worth: USD 23 billion

Country: India

Company: Aditya Birla Group

Industry: Conglomerate

Prominent family members: Ghanshyam Das, Krishna Kumar, Aditya, Ananya and Aryaman Birla

The Birla family is the owner of one of India’s oldest companies. In fact, Ghanshyam Das Birla, the third-generation founder, even financed Mahatma Gandhi during India’s freedom struggle under British rule.

The company started as a small cotton-trading business in 1857 and gradually expanded to retail, steel and telecom. Vodafone and Idea are some of their well-known telecom ventures. It is also India’s largest aluminium maker.

Ananya and Aryaman Birla are the seventh-generation board members and hold their place in the list of India’s richest heirs. The former is the founder of Svatantra Microfin, a company that provides microfinance to women in rural India, while Aryaman is involved with several businesses of the Aditya Birla Group (ABG) including Fashion & Retail, Real Estate, Paints, and the Group’s fashion D2C platform TMRW.

10. The Lees

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Lee Jae-yong (centre) at the WorldSkills Lyon 2024 vocational competition (Image courtesy: Jeff Pachoud/AFP)

Net worth: USD 22.7 billion

Country: South Korea

Company: Samsung

Industry: Technology

Prominent family members: Lee Byung-chull, Lee Kun-hee and Jay Y. Lee

Did you know that one of the world’s leading tech companies, was first founded as a fruit and vegetable trading company? Well yes, in 1938, Lee Byung-chull founded Samsung as just that. However, by 1969, he entered the tech industry and launched Samsung Electronics.

Today, Samsung is one of the biggest manufacturers of smartphones in the world. When Byung-chull passed away in 1987, his third son ascended in his stead. And after him, Jay Y Lee took over. Jay Y faced bribery charges and was jailed but was released on parole in 2021.

Such is their wealth and influence that, the mother of Jay Y Lee, Hong Ra-hee and his two sisters Lee Boo-jin and Lee Seo-hyun remain the three wealthiest female stockholders in Korea, even after they sold part of their shares in the global electronics giant to pay massive inheritance taxes in 2024, according to The Korea Times.

His focus after taking over has been expanding AI and Robotics. Under his leadership, Samsung has invested in over 200 startups.

Which other empires have made it to the richest Asian families list in 2025?

11. The Zhangs

Net worth: USD 21.9 billion
Country: China
Company: China Hongqiao, Shandong Weiqiao Textile
Industry: Base metals

12. The Chengs

Net worth: USD 21.8 billion
Country: Hong Kong
Company: New World Development, Chow Tai Fook
Industry: Property, Jewellery

13. The Bajajs

Net worth: USD 20.1 billion
Country: India
Company: Bajaj Group
Industry: Conglomerate

14. The Pao/Woos

Net worth: USD 19.6 billion
Country: Hong Kong
Company: BW Group, Wheelock
Industry: Shipping, Property

15. The Kewk/Queks

Net worth: USD 17.9 billion
Country: Singapore, Malaysia
Company: Hong Leong Group
Industry: Property

16. The Kadoories

Net worth: USD 17.1 billion
Country: Hong Kong
Company: CLP Holdings
Industry: Energy Supply

17. The Chirathivats

Net worth: USD 15.7 billion
Country: Thailand
Company: Central Group
Industry: Conglomerate

18. The Hindujas

Net worth: USD 15.2 billion
Country: India
Company: Hinduja Group
Industry: Finance, Property

19. The Sys

Net worth: USD 15.1 billion
Country: Philippines
Company: SM Investments
Industry: Conglomerate

20. The Lees

Net worth: USD 15 billion
Country: Hong Kong
Company: Lee Kum Kee
Industry: Retail

[Header and Feature Image Courtesy: World Economic Forum from Cologny, Switzerland, CC BY-SA 2.0, via Wikimedia Commons; Sarvajanik Puralekh, CC BY-SA 2.0, via Wikimedia Commons; Media Library – Samsung]


Note : The information in this article is accurate as of the date of publication.