Asia's richest families worth over $625 billion

India's Ambani clan, with $69b, heads the list which excludes first-gen fortunes

Mr Mukesh Ambani's 27-storey home, Antilia, photographed in 2011. The Mumbai property, which has three helipads, six floors of parking and a series of floating gardens, is one of the world's most expensive private residences.
Mr Mukesh Ambani's 27-storey home, Antilia, photographed in 2011. The Mumbai property, which has three helipads, six floors of parking and a series of floating gardens, is one of the world's most expensive private residences.PHOTO: NYTIMES
Mr Mukesh Ambani, chairman of Reliance Industries, with his wife Neeta. Mr Ambani's late father started the family's business empire with US$100, and the clan now has a $69 billion fortune. PHOTO: ASSOCIATED PRESS
Mr Mukesh Ambani, chairman of Reliance Industries, with his wife Neeta. Mr Ambani's late father started the family's business empire with US$100, and the clan now has a $69 billion fortune. PHOTO: ASSOCIATED PRESS

SINGAPORE/HONG KONG • Mr Mukesh Ambani's late father, who started the family's business empire with US$100, used to tell his son that he did not know what it was like to be poor.

For the Ambanis, whose palatial home towers over Mumbai and is one of the world's most expensive private residences, that has never been truer. They are Asia's richest family, with a US$50 billion (S$69.4 billion) fortune.

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A version of this article appeared in the print edition of The Straits Times on August 28, 2019, with the headline 'Asia's richest families worth over $625 billion'. Subscribe