new delhi nov 16 indias mukesh ambani family is the richest in asia as its net worth rose usd 19 billion to usd 448 billion toppling the lees of the samsung empire to claim the numero uno position forbes said despite dropping to the second spot koreas lee family still saw its wealth soar by usd 112 billion to usd 408 billion this year as shares of samsung electronics moved up 75 per cent over the past year according to asias 50 richest families compiled by forbes hong kongs kwok family asias richest real estate household that controls sun hung kai properties ranked third this year with a net wealth of usd 404 billion thailands chearavanont family of the charoen pokphand group took the fourth spot on the list with a net worth of usd 366 billion the ambanis are the only indian family on the top 10 richest families list in asia no family highlights this surge better than the ambanis of india this years biggest gainer in dollar and percentage terms forbes said it noted that shares in mukesh ambanis conglomerate reliance industries soared on the back of improved refining margins and the demand produced by its telecom arm reliance jio which notched up 140 million subscribers since it was launched in 2016 on the list of asias richest families 2017 compiled by forbes india enjoys the biggest presence in the ranking for the third time with as many as 18 families other richest indian families on the list feature the premjis rank 11 usd 192 billion net worth the hindujas 12th usd 188 billion the mittals 14th usd 172 billion the mistrys 16th usd 161 billion and the birlas 19th usd 141 billion other indian families that got into the exalted list include the godrej family 20th usd 14 billion the bajajs 26th usd 93 billion the jindal family 32nd usd 77 billion the burmans 35th usd 705 billion eicher motors lals 36th usd 7 billion and shree cements bangur family 37th usd 67 billion motherson sumi systems sehgal family 41st usd 62 billion the wadia family 42nd usd 614 billion dlfs kushal pal singh 44th usd 61 billion the patel family which controls cadila 45th usd 6 billion the piramals 47th usd 538 billion and the munjals 48th usd 537 billion also made the cut collectively the 50 families in the club are worth a record usd 699 billion up by nearly usd 200 billion from last year according to forbes the list of asias 50 richest families is a snapshot of wealth using stock prices and currency exchange rates from the close of markets on november 3 private companies were valued by using financial ratios and other comparisons with similar publicly traded firms the ticket to entry for this years list was usd 5 billion usd 16 billion more than in 2016 drr ard