The inaugural list of the Forbes’ 50 richest families in Asia witnessed as many as 14 Indian families, including that of the Ambanis, who ranked third with a net worth of USD 21.5 billion.
Besides the Ambanis, there are 14 out of 50 spots that are taken by the Indian families. The business dynasties include the Premji family ranked at the seventh spot with a net worth of USD 17 billion, and the Mistry family at the 10th place with a net worth of USD 14.9 billion.
The other Indian families in the coveted list, include Godrej family at 15th place with a fortune of USD 11.4 billion, Arcelor Mittal, Birlas with a net worth of USD 7.8 billion, Bajaj’s, Dabur India’s Burmans and others.
The overall list was topped by Lees of Samsung Group, whose 2014 revenues were equivalent to 22 percent of South Korea’s GDP.