The list has been dominated by Indian and Chinese power families. Indians hold 14 position in the top 50 and the Chinese dominate with the presence of 25 families.
The lee family who manage Samsung which has presence in countless businesses ranging from smartphone, tv and electronics to construction, semiconductor chip manufacturing have contributed 22% of Korean GDP in 2014.
The lee family wealth is not so surprising since Samsung has been founded by the Lee Byung-Chull and has been spawning itself in different forms in the mean while accumulating vast amounts of wealth. The founder was succeeded by his son, Lee Kun-Hee, as the chairman in 1987 and took the company to greater heights. As of today, the Samsung group is run by the third generation of the family with 15 relatives running almost 55 business. Their total turnover reached the $350 billion mark.
Well, the lee family is sure prosperous like the samsung group.
