Indian Families Now Seize The Majority Of Asia’s Wealth

WFY Bureau | Economy & Business

Six Indian families constitute the majority of the top 20 wealthiest families in Asia in 2025.

The 2025 list of Asia’s wealthiest families reveals a striking trend: six Indian families have secured their positions among the top 20. This remarkable dominance highlights the growing economic influence and prosperity of Indian households in the region.

In 2025, Asia’s wealth landscape is dominated by some of the most illustrious families, with the Ambani and Mistry families standing out among the elite. Six prominent Indian business lineages have carved their names into Bloomberg’s prestigious list of the top 20 richest families in Asia, showcasing their enduring influence and financial prowess.

In 2025, Asia continues to be a bastion of affluence, showcasing some of the most prosperous families globally. These dynasties have cultivated vast business empires that have thrived across generations, solidifying their status in the world of wealth and influence. This year, Bloomberg unveiled its highly anticipated list of the top 20 wealthiest families in Asia, capturing the attention of financial enthusiasts and industry insiders alike. This year, India has made a remarkable mark on the global stage, showcasing its reputation for family-run conglomerates and exceptional business savvy. Notably, six families have secured their positions among the top 20 wealth rankings worldwide.

The Ambani family has claimed the top spot on Bloomberg’s 2025 list of Asia’s Richest Families, boasting an impressive total value of $90.5 billion, which translates to around Rs 7.85 lakh crore. At the helm of Reliance Industries is Indian billionaire Mukesh Ambani, who took over the family’s flagship company following the passing of his father, Dhirubhai Ambani.

Mukesh Ambani’s offspring have stepped into the spotlight at Reliance Industries, a titan that stands as one of India’s most valuable and largest enterprises today. According to a report from PTI,

Introducing Thailand’s largest private conglomerate, the Charoen Pokphand Group, which boasts diverse divisions in food, retail, and telecommunications. At the helm is Dhanin Chearavanont, a prominent figure from the esteemed Chearavanont family. Their collective family fortune stands at an impressive $42.6 billion.

Boasting an impressive total wealth of $42.2 billion (approximately Rs 3.66 lakh crore), the Hartono family stands proudly as Indonesia’s wealthiest, securing the third position on the global stage. Starting with the iconic tobacco brand Djarum, which rose to prominence as Indonesia’s largest cigarette manufacturer, this family-owned enterprise has successfully expanded its horizons, now also managing Bank Central Asia.

The Hartono family, Indonesia’s wealthiest clan, boasts an impressive fortune of $42.2 billion, which translates to around Rs 3.66 lakh crore, securing their position as the third richest family in the world. Starting with the iconic tobacco brand Djarum, which rose to prominence as Indonesia’s largest cigarette manufacturer, the family business has since expanded its horizons, now also operating Bank Central Asia.

In the spotlight of wealth and influence, the Lee family of South Korea stands tall with an impressive fortune of $22.7 billion. At the helm of Samsung, a titan in the tech industry, their journey began in 1938 as a humble trading company. Over the decades, Samsung has evolved into a powerhouse, particularly with its flagship division, Samsung Electronics, solidifying its status as one of the largest tech companies globally.

Discover the Wealth: The Top 10 Richest Families in Asia for 2025

The Birla family stands as a testament to India’s rich business heritage, with a legacy spanning seven generations. In contrast, the Mistry family has carved its own path through five generations of leadership.

The Aditya Birla Group, under the visionary leadership of Kumar Mangalam Birla, has evolved into a multifaceted conglomerate with diverse interests spanning metals, financial services, and retail. Its roots trace back to the nineteenth century, when it began as a humble cotton-trading company founded by the enterprising Ghanshyam Das Birla.

In a fascinating tale of legacy and entrepreneurship, the Mistry family firm traces its roots back to 1865 in India. It was founded by Pallonji Mistry’s grandfather, who embarked on a construction venture alongside an English partner, setting the stage for a remarkable family saga in the business world. The Shapoorji Pallonji Group stands as a multifaceted powerhouse, engaging in a variety of business sectors, prominently featuring engineering and construction among its many endeavours.

Yet, the majority of the family wealth is concentrated within Tata Sons, the primary holding entity for the impressive $400 billion Tata Group, a key player among India’s vast conglomerates. In the wake of Ratan Tata’s passing, the helm of the Tata Trusts has been taken over by Noel Tata, marking a new chapter in the legacy of one of India’s most esteemed business families.

Source: Bloomberg