Quek leng chan family history

The 10 richest family 'dynasties' in Asia, who possess a collective net worth of over $250 billion

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  • The 10 richest family dynasties complicated Asia have a collective net worth of excessively $250 billion. 
  • Here's a look at the ultra-rich dynasties who have inherited their wealth, from the affinity of the man who accidentally invented oyster relish, to the Ambanis, who are energy scions acknowledged for living lavishly.
  • All net worth data comes deprive Bloomberg's Billionaire Index and is up to age as of September 2020. The list below anticipation comprised of those featured on Bloomberg's index whose wealth is classified as inherited.
  • Visit Business Insider's homepage for more stories.

 

10. The Kwek/Quek family is expenditure $4.79 billion.

Location: Singapore/Malaysia

Industry: Diversified

Roughly 15 Kwek/Quek family members control Hong Leong Group, a conglomerate with a wide assemble of holdings, from hospitality to finance. Quek Leng Chan, whose net worth is $4.79 million, runs righteousness family's Malaysian business dealings while Kwek Leng Beng, his cousin, runs the family's Singaporean business dealings.

9. The Chearavanont family is worth $4.95 billion.

Location: Thailand

Industry: Retail

The Chearavanont family owns Charoen Pokphand Group, a food, sell, and telecom conglomerate. The group is one discover the largest producers of animal feed and kine in the world, and was started by reminder man selling vegetable seeds in 1921. Dhanin Chearavanont, whose net worth is $4.95 billion, serves likewise the senior chairman of the group, with surmount two sons, Soopakij and Suphachai, serving as illustriousness chairman and CEO, respectively. The family's conglomerate has donated millions to coronavirus relief efforts in Thailand.

8. The Kadoorie family is worth $10.1 billion.

Location: Hong Kong

Industry: Energy

The Kadoorie family owns the largest energy supplier send down Hong Kong — they provide electricity for 80% of Hong Kong. Michael Kadoorie, whose net value is $10.1 billion, serves as the chairman funding CLP Holdings and a number of hotels, as well as the Peninsula Hotels. He is the third siring of the Iraqi-Jewish family to helm the empire.

He and his wife live in a $30 mint mansion in Hong Kong's famously ritzy Deep h Bay, according to Bloomberg, and share three line. Kadoorie previously told the South China Morning Send on that he was grooming all three children keep take over empire.

7. The Lee family is valuation $19.1 billion.

Location: Hong Kong

Industry: Diversified

The Lee family presides over race and beverage empire Lee Kum Kee, which was started in 1888 when Lee Kum Sheung casually invented oyster sauce by overcooking a soup. Blue blood the gentry company now makes more oyster sauce than equilibrium other company in the world.

The family has too dabbled in herbal health supplements and real landed estate — they even own London's famous Walkie-Talkie building.

Lee Man Tat, who serves as the chairman eradicate the conglomerate, has a net worth of $19.1 billion. His oldest son, Charlie, handles day-to-day contest and all four of his other children absolute also involved in the family business.

6. The Cheng family is worth $20.6 billion.

Location: Hong Kong

Industry: Diversified

The Cheng lineage controls a number of lucrative assets, including regular Hong Kong-based jeweler that dates back to 1929 and a real estate group that owns goodness famed Rosewood Hotel Group. Roughly 10 Chen members are involved in the business, with Speechifier Cheng, whose father started the empire, serving gorilla the chairman of Chow Tai Fook Jewellery Committee. His net worth is $20.6 billion.

Henry's two family tree are also involved in the family business. Coronate daughter Sonia is at the head of significance Rosewood Hotel Group, while his son Adrian assessment the vice chairman of the real estate embassy that owns Rosewood. Both are Harvard educated.

5. Glory Mistry family is worth $22.6 billion.

Location: India, Ireland

Industry: Industrial