Photo: Abhijit Bhatlekar/MintNew Delhi: Mukesh Ambani family has topped the list of Asia’s 50 Richest Families with a net worth of $44.8 billion, up $19 billion from the previous year, Forbes said. According to Asia’s 50 Richest Families compiled by Forbes, Hong Kong’s Kwok family, Asia’s richest real estate household that controls Sun Hung Kai Properties, ranked third this year with a net wealth of $40.4 billion. The Ambanis are the only Indian family on the top 10 richest families list in Asia. On the list of Asia’s Richest Families 2017, compiled by Forbes, India enjoys the biggest presence in the ranking for the third time with as many as 18 families. The list of Asia’s 50 Richest Families is a snapshot of wealth using stock prices and currency exchange rates from the close of markets on 3 November.

Source: Mint November 16, 2017 08:53 UTC