Connect with us


Ranked: The 15 Richest Multi-Generational Families in Asia



This graphic shows the richest families in Asia in 2023 with data from Bloomberg.

Can I share this graphic?
Yes. Visualizations are free to share and post in their original form across the web—even for publishers. Please link back to this page and attribute Visual Capitalist.
When do I need a license?
Licenses are required for some commercial uses, translations, or layout modifications. You can even whitelabel our visualizations. Explore your options.
Interested in this piece?
Click here to license this visualization.

The 15 Richest Multi-Generational Families in Asia

Today, Asia’s 15 richest families control over $400 billion in wealth.

Many family dynasties have shaped Asia’s economy—from energy conglomerates to banking empires. In many ways, this was supported by social capital and long-term planning often built into family business structures.

The above graphic uses data from Bloomberg to show the wealthiest families in Asia from a multi-generational perspective. Data is based on combined family wealth and does not include first generation founders, or single family heirs.

Ranking the Wealthiest Families

Here are the region’s richest dynasties as of March 14, 2023.

RankFamilyLocation GenerationsCompanyWealth
1Ambani🇮🇳 India3Reliance Industries$79.3B
2Hartono🇮🇩 Indonesia3Djarum, Bank Central Asia$38.8B
3Kwok🇭🇰 Hong Kong3Sun Hung Kai Properties$34.8B
4Mistry🇮🇳 India5Shapoorji Pallonji Group$28.4B
5Chearavanont🇹🇭 Thailand4Charoen Pokphand Group$28.2B
6Yoovidhya🇹🇭 Thailand2TCP Group$27.4B
7Cheng🇭🇰 Hong Kong4New World Development, Chow Tai Fook$25.9B
8Pao/Woo🇭🇰 Hong Kong3BW Group, Wheelock$22.6B
9Tsai🇹🇼 Taiwan3Cathay Financial, Fubon Financial$21.4B
10Lee🇰🇷 South Korea3Samsung$18.5B
11Lee🇭🇰 Hong Kong5Lee Kum Kee$17.9B
12Ng🇸🇬 Singapore3Far East Organization$16.5B
🇸🇬 Singapore, 🇲🇾 Malaysia
3Hong Leong Group$15.8B
14Sy🇵🇭 Philippines3SM Investments$15.7B
15Birla🇮🇳 India7Aditya Birla Group$15.5B

Note: Values are subject to change with market fluctuations.

As seen in the table above, the Ambani family controls a $79 billion empire, the largest in Asia. At the helm is Mukesh Ambani, Asia’s richest person, who lives with his family in a 27-story skyscraper in Mumbai.

For three generations, the Ambanis have run a vast network of energy, retail, and telecom firms in India under Reliance Industries, the largest company in India.

Indonesia’s Hartono family is second on the list with a $39 billion fortune. After inheriting the Djarum cigarette company from their father, brothers Budi and Michael Hartono invested in Bank Central Asia. It is Indonesia’s largest private bank with over $6 billion in revenue in 2022.

The Kwok family, ranked third at $35 billion, control one of Hong Kong’s largest property development companies, covering mainly commercial and residential real estate. They are one of four families in the top 15 from Hong Kong, the largest of any one country or territory.

Driving Higher Returns

Family-run businesses play a major role in Asia beyond establishing family dynasties.

Across a global dataset of 1,000 family-run publicly listed companies from Credit Suisse, 517 were from the Asia-Pacific region in 2022. Overall, family-run companies were shown to have higher innovative output due to longer tenures generating stronger social capital, combined with more efficient operating models.

Click for Comments

United States

Visualizing the Most Sought-After Entry Level Jobs in 2023

Some jobs need a degree, while others don’t. Here are the top 20 most sought-after entry level jobs with and without a degree.



most sought after jobs

The Most Sought-After Entry Level Jobs of 2023

In the fast-paced realm of job hunting, staying ahead of the curve is crucial. And if you are an entry-level job applicant, the pressure is a notch higher.

New entrants in any job market today compete with groundbreaking technology like ChatGPT in addition to their peers. In the United States, these applicants have to also wade through an uncertain labor market, inflation, and long lists of job requirements. has identified the most sought-after entry level positions for applicants both with and without a degree in the U.S., and the year-on-year growth of these job postings.

Most Sought-After Entry-Level Jobs With a Degree

As the U.S. job market recovers from its pandemic slump, some careers are now booming. This in turn has opened up numerous opportunities for entry-level job applicants.

RankJob TitleAverage Annual SalaryChange in Postings
1Outside Sales Representative$60,000+258%
2Transportation Coordinator$47,500+227%
3Quality Auditor$84,500+131%
5Tax Preparer$67,500+123%
6Loan Processor$55,000+100%
7Retention Specialist$50,000+100%
8Network Operations Technician$85,500+94%
9Mental Health Manager$42,000+93%
10Speech-Language Pathologist$60,000+84%
11Geotechnical Engineer$65,000+80%
12Patient Access Manager$90,000+77%
13HR Coordinator$67,500+75%
14Lead Generation Specialist$62,500+73%
15Design Coordinator$55,000+73%
16Pharmaceutical Sales Representative$74,378+71%
17Behavioral Therapist$50,000+68%
18Special Events Coordinator$54,000+67%
19IT Engineer$92,500+67%
20Structural Engineer$90,000+63%

The demand for sales jobs multiplied this year as customer-facing businesses slowly returned to their pre-pandemic levels.

At the top of this list is the job for an Outside Sales Representative. Paying upwards of $60,000, postings for this job have grown by over 250% in a year, making it the most sought-after position for applicants with a degree.

The healthcare industry has secured its place in the top ranks too. Careers including mental health case managers, speech pathologists, behavioral therapists, and patient access managers dominate the Top 20 list.

Let’s not forget about the tech sector. While entry-level network technicians can earn upwards of $85,000 on average, while IT engineers are paid an entry package of over $90,000.

Most Sought-After Entry-Level Jobs Without a Degree

Nearly 65% of the U.S. working population does not have a four-year degree. However, millions of these workers continue to be highly skilled across professions and have a shot at some of the most sought-after entry level jobs in the country.

RankJob TitleAverage Annual SalaryChange in Postings
1Inventory Manager$59,000+189%
2Auto Body Technician$82,500+100%
3Environmental Health and Safety Specialist$65,000+100%
4Salon Manager$41,000+95%
5Drafting Technician$50,000+94%
6Business Analyst$72,500+82%
7Sheet Metal Mechanic$62,140+67%
8Aircraft Maintenance Technician$57,500+64%
9Catering Manager$47,500+56%
10Transportation/Logistics Coordinator$62,500+53%
11Route Sales Representative$50,000+51%
12Rental Agent$45,520+50%
13Distribution Center Coordinator$52,500+47%
14General Maintenance Technician$40,650+46%
15Patient Care Coordinator$43,152+44%
16Forestry Technician$45,760+43%
17Relationship Banker$43,576+43%
18Field Sales Representative$57,018+42%
19Park Ranger$45,912+42%
20Warehouse Receiver$45,000+39%

One example of this job is that of an Inventory Manager. The demand for skilled inventory managers in warehouses and companies post-pandemic has doubled the position’s job share in a year.

One of the highest paying non-degree jobs in this list—Auto Body Technician—can fetch highly-skilled entry-level workers a salary of $82,000 per year.

These jobs don’t seem to require a degree according to Indeed. However, the rising competition for these positions might give the upper edge to applicants with one, especially for jobs on the list such as Business Analyst and Relationship Banker.

Continue Reading