According to Bloomberg, the Top 20 Richest Families in Asia 2025 are privileged to be led by Mukesh Ambani, the Chairman and CEO of Reliance Industries, who continues to maintain a giant lead in wealth, thereby firmly ensuring his place as the richest person in Asia. Under Ambani, many other notable Indian and Asian business families also appear high on the list, showing their deployment of influence across various industries. From diversified conglomerates to global leaders in energy, technology, and finance, these families exhibit wealth creation through entrepreneurship.

Bloomberg Thursday announced Mukesh Ambani, Chairman, and Chief Executive Officer of Reliance Industries, as the richest individual in the Asian continent, according to his report on the 20 Richest Families in Asia. Ambani took over the company a year after the passing of Dhirubhai Ambani, his father, in 2002. Once under her watch, it went on to expand as an oil-refining multinational conglomerate with interests in technology, consumer goods, financial services, and, most recently, green energy. The Ambani family from Gujarat is believed to manage the business, with Mukesh Ambani's children playing a big role in managing different arms of the conglomerate.

Shapoorji Pallonji Group has ample presence in various industries, cementing a huge shareholding interest in Tata Sons, which is managing the $400 billion Tata Group, highly regarded as one of India’s largest and most powerful conglomerates. The Mistrys have been part and parcel of the Tata legacy, nurturing it for decades through their growth and leadership once in operations.

The Jindal family got into business with the commissioning of a steel plant in 1952. Over the years, the family business under the O.P. Jindal Group has grown into a diversified conglomerate, now active in energy, cement, and sports. The Jindals maintain a significant presence in many sectors due to their adaptability and evolution.

The Birla family has a long business lineage that traverses the 19th century. The Aditya Birla Group, led by Kumar Mangalam Birla, remains the driving force in industries like metals, financial services, and retail. The family has kept with its legacy as one of India's great business families that have helped in developing the nation's economy.

Bajaj was founded in 1926, which then built the initial business around scooter technology. From there, Bajaj Group diversified into cement, electrical appliances, etc. Rahul Bajaj has been a leader in working the business landscape with prosperity and growth.

The Hindujas entered the business in 1914 through trading and banking. Over the years, the Hinduja Group has gradually evolved as a diversified global conglomerate with interests in energy, automotive, finance, and healthcare. The operations of this family are now across continents, being able to make substantial business transactions in Mumbai, London, and Geneva.

Source: Bloomberg
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