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U.S. President Trump frequently brings out the tariff stick, along with possible countermeasures from other countries, leading to severe challenges for the 25 richest families in Asia over the next four years.
Just a few weeks after taking office, with diplomatic insults and tariff threats, Trump has shocked the world. Bloomberg has compiled a list of the 25 richest families in Asia by 2025, pointing out that the biggest issue facing their dominant Conglomerates over the next four years is: Trump's tariffs, and how widespread and lasting the retaliatory tariffs from other countries will be.
Reports indicate that if the tariff war continues for a long time, the Lee family of South Korea's Samsung Electronics Group (ranked 10th, with Assets of approximately $22.7 billion) and the Zhang family, which controls China's aluminum product manufacturer Hongqiao Group (ranked 11th, with Assets of approximately $21.9 billion), will face risks.
The richest family in Asia is the family of Mukesh Ambani, chairman of Reliance Industries in India, with Assets of approximately 90.5 billion USD.
Due to the close interactions between Trump and Indian Prime Minister Modi, India's billionaires appear relatively unfazed.
At the same time, the leading wealthy families in the CSI Cross-Straits 500 Index ranking are: 5th, the family of GUO DE SHENG, founder of SHK PPT in Hong Kong (Assets approximately 35.6 billion USD); 6th, the family of the Tsai brothers, founders of Cathay Life in Taiwan, who currently possess stakes in the two major financial holding companies in Taiwan, and are venturing into Real Estate and telecommunications, with estimated Assets of about 30.9 billion USD; and 12th, the Cheng family in Hong Kong, which owns NEW WORLD DEV and CHOW TAI FOOK (Assets approximately 21.8 billion USD).
Bank of Malaysia...
Just a few weeks after taking office, with diplomatic insults and tariff threats, Trump has shocked the world. Bloomberg has compiled a list of the 25 richest families in Asia by 2025, pointing out that the biggest issue facing their dominant Conglomerates over the next four years is: Trump's tariffs, and how widespread and lasting the retaliatory tariffs from other countries will be.
Reports indicate that if the tariff war continues for a long time, the Lee family of South Korea's Samsung Electronics Group (ranked 10th, with Assets of approximately $22.7 billion) and the Zhang family, which controls China's aluminum product manufacturer Hongqiao Group (ranked 11th, with Assets of approximately $21.9 billion), will face risks.
The richest family in Asia is the family of Mukesh Ambani, chairman of Reliance Industries in India, with Assets of approximately 90.5 billion USD.
Due to the close interactions between Trump and Indian Prime Minister Modi, India's billionaires appear relatively unfazed.
At the same time, the leading wealthy families in the CSI Cross-Straits 500 Index ranking are: 5th, the family of GUO DE SHENG, founder of SHK PPT in Hong Kong (Assets approximately 35.6 billion USD); 6th, the family of the Tsai brothers, founders of Cathay Life in Taiwan, who currently possess stakes in the two major financial holding companies in Taiwan, and are venturing into Real Estate and telecommunications, with estimated Assets of about 30.9 billion USD; and 12th, the Cheng family in Hong Kong, which owns NEW WORLD DEV and CHOW TAI FOOK (Assets approximately 21.8 billion USD).
Bank of Malaysia...
Translated
![Trump's tariff stick is looming, and Asia's 25 wealthy families are in trouble.](https://sgsnsimg.moomoo.com/sns_client_feed/103267505/20250214/web-1739515742268-ek4s8kuIxt.jpeg/thumb?area=104&is_public=true)
![Trump's tariff stick is looming, and Asia's 25 wealthy families are in trouble.](https://sgsnsimg.moomoo.com/sns_client_feed/103267505/20250214/web-1739515611195-MlnyU2mOJ4.jpeg/thumb?area=104&is_public=true)
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$Hang Seng Index (800000.HK)$ crazy so fast drop. so many mafia in HSI.
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$NATGATE (0270.MY)$ rebound break 2.00 up trend start?
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$DSONIC (5216.MY)$ when bonus issue will be issued ?
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$DSONIC (5216.MY)$ Any reason this stock keep on drop?
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$FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$ Wow, a firework exploded directly at the end of the trading session.
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