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You are here: Home / Ambanis are two times wealthier than the second richest family in Asia: Report

Ambanis are two times wealthier than the second richest family in Asia: Report

· December 1, 2020 ·

A ranking of Asia’s richest families published by Bloomberg in November 2020 has revealed that Mukesh Ambani’s family is now twice as wealthy as the second richest family of Asia.As per the Bloomberg Billionaires Index ranking of 20 richest dynasties in Asia, the Ambani family is two times wealthier than Asia’s second-richest family – the Kwoks of Hong Kong (with a net wealth of $33 billion) and three times richer than South Korea’s Lee family. In fact, the Ambanis’ fortune equal five times the net worth of Japan’s Torii and Saji family.Even though the Bloomberg ranking excludes first-generation wealth, the wealth of $76 billion amassed by three generations of the Ambani family is an astounding figure. Their wealth has increased by over $25 billion since Bloomberg’s July 2019 ranking. As against this, the other families that made it to the list of top 20 richest Asian families have added only around $10 billion.Close Forbes India Rich List 2020: Mukesh Ambani remains wealthiest Indian for 13th consecutive year related news Shaheen Bagh activist ‘Bilkis Dadi’ detained at Delhi-Haryana border as she tries to join farmers’ protest EU health agency to meet by December 29 for Pfizer COVID-19 vaccine decision Mukesh Ambani,… Read full this story


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Ambanis are two times wealthier than the second richest family in Asia: Report have 363 words, post on www.moneycontrol.com at December 1, 2020. This is cached page on Business Breaking News. If you want remove this page, please contact us.

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