MANILA – The richest family in Asia is from South Korea and has a combined wealth of nearly $27 billion, according to Forbes Asia.
In its first Asia’s 50 Richest Families list, Forbes Asia named South Korea’s Lee family, who controls the Samsung Group, as the richest business dynasty in the region.
Second and third-generation Lees run Samsung Group, CJ Group, Shinsegae Group and Hansol Group, with at least 15 other relatives running more than 55 businesses. The entire group has total sales of about $335 billion.
The top 10 richest families in Asia are:
1) Lee from South Korea; $26.6 billion
2) Lee from Hong Kong; $24.1 billion
3) Ambani from India; $21.5 billion
4) Chearavanont from Thailand; $19.9 billion
5) Kwok from Hong Kong; $19.5 billion
6) Kwek/Quek from Singapore, Malaysia; $18.9 billion
7) Premji from India; $17 billion
8) Tsai (Financial) from Taiwan; $15.1 billion
9) Hinduja from India, UK; $15 billion
10) Mistry from India; $14.9 billion
To qualify in the new Forbes list, a family’s wealth and participation in building that fortune has to extend to at least three generations. The minimum combined net wealth to qualify was $2.9 billion.
“Just as a family business brings its useful product to market and evolves from there, this inaugural ranking opens the door to new discoveries in future years,” said Tim Ferguson, editor of Forbes Asia.
From the 50 richest families in Asia, nearly half are of Chinese descent, but none of them is based in mainland China.
Only three families from the Philippines made it to the list. –ABS-CBNnews.com
September 18 –
International Equal Pay Day
“Increase wages now,
more than other cost items.
For widespread, practical equality!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
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October –
Monthly Observances:
Industry and Commerce Safety Month
National Statistics Month
Local Government Month
Consumer Welfare Month
Cooperative Month
National Quality and Productivity Improvement Month
National Health and Wellness Tourism Month
National Indigenous Peoples Month
Weekly Observances:
Week 1: Elderly Filipino Week
Week 2: National Health Education Week
Local Government Week
National Mental Health Week
October 17-23:
National Week for Overcoming Extreme Poverty
October 18 – 24:
United Nations Week
Last Week:
Nurses’ Week
Consumers’ Protection Week
Week of the 4th Sunday:
Barrio Farmers’ Week
Daily Observances:
First Monday (Oct 4): Universal Children’s Day i
n the Philippines
Oct 5: National Teachers’ Day
Oct 10: Local Government Day
Third Thursday (Oct 14): Conflict Resolution Day
Oct 21: Tenants’ Emancipation day
Oct 24: United Nations Day
Oct 29: National Indigenous People’s Thanksgiving Day
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