UCLA Center for East Asian Studies 

 
 
Asians Hold 19 Slots on Forbes 1998 List 
of the World's Richest Families
 
Note: This list excludes government officials and royalty. If it did not, the Sultan of Brunei would rank third, with $36 billion.
Rank Name/principal business Nation/Region Estimated Wealth
       
9. LEE Shau Kee Hong Kong $12.7 billion
        real estate    
13. (tie) LI Ka-shing Hong Kong $10 billion
       real estate    
19.  TSAI Wan-lin Taiwan $8.5 billion
       insurance, financial services    
25. Walter, Thomas and Raymond KWOK Hong Kong $7.4 billion
       real estate    
37. (tie) CHENG Yu-tung Hong Kong $6 billion
       real estate    
37. (tie) Nina WANG Hong Kong $6 billion
       real estate    
41. (tie) TSUTSUMI Yoshiaki Japan $5.7 billion
       real estate    
44. (tie) SAIJI Keizo Japan $5.6 billion
       Suntory Corp.    
52. (tie) TAKEI Yasuo Japan $5.2 billion
       consumer finance    
56. (tie) NG Teng Fong and Robert  Singapore $5 billion
       real estate    
62. (tie) Robert KUOK Malaysia $4.7 billion
       diversified    
74. (tie) SUHARTO family Indonesia $4 billion
       diversified    
74. (tie) WIDJAJA, Eka Tjipta Indonesia $4 billion
       pulp and paper    
81. (tie) WANG, Y.C. Taiwan $3.9 billion
       Formosa Plastics    
83. (tie) ITO Masatoshi Japan $3.7 billion
       retail    
85. (tie) KINOSHITA Kyosuke Japan $3.6 billion
       Acom Corp.    
89. (tie) MITTAL, Lakshmi India $3.5 billion
       steel    
92. (tie) KHOO Teck Puat Singapore $3.4 billion
       investments    
94. (tie) MORI Minoru and Akira Japan $3.3 billion
       real estate    
Source: Los Angeles Times, June 22, 1993, p. d2.
 
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Last Updated on 6/22/98
By Clayton Dube
Email: cdube@isop.ucla.edu