SHOSUKE IDEMITSU
Chairman emeritus Idemitsu Kosan Japan
ADI GODREJ Chairman Godrej Group India
Godrej chairs the $4.5 billion revenue- generating Godrej Group, a family conglomerate founded by his grandfather Ardeshir Godrej, in 1897. The family business spans real estate, consumer products, industrial engineering, and retail. Under his leadership, Godrej has modernised the management structure and improved process, and now heads the group alongside his brother, managing director of Godrej Industries, Nadir, and his cousin, Godrej & Boyce managing director, Jamshyd. He also acts as president of several Indian trade and industry bodies and associations.
Second-generation Idemitsu heads Japanese oil wholesaler Idemitsu Kosan, with revenues of $32.1 billion. Last year, the family led by Idemitsu, which has a 28% stake in the company, dropped its opposition for a merger with Showa Shell Sekiyu, allowing the two oil firms to combine. The feud over differences in corporate culture was settled under the condition Showa Shell upheld the principles espoused by founder Sazo Idemitsu, along with two board seats reserved for family members at the merged company.
LI KA-SHING Senior Adviser CK Hutchison Holdings Hong Kong
Nicknamed ‘Superman’, Li Ka-Shing is revered as one of the most influential businessmen in Asia, presiding over a diverse portfolio from a wide array of industries, including real estate, transportation and financial services. Forbes Family has previously honoured Li with the first ever Malcolm S Lifetime Achievement award. He now sits as senior adviser for his $21.5 billion revenue (2016) family business after retiring as chairman. His son Victor now heads the conglomerate, which operates in more than 50 nations.
RICHARD LIU Chairman and chief executive
JD.com China
Liu is the founder, chairman, and chief executive of Chinese e-commerce firm
JD.com. He opened his first electrical goods store, in 1998 but was forced to move his business online after the SARS outbreak of 2003, which kept staff and clients at home. He has since built his company into an e-commerce behemoth, posting revenues of $67.19 billion in 2018. His focus has been on innovating his delivery methods, developing several models of drones to carry packages to rural villages.
AZIM PREMJI Chairman Wipro India
Indian technology magnate Premji’s $8.4 billion company Wipro is India’s third- largest outsourcer. Premji left his studies in 1966 to take over the family’s cooking oil business after his father died, which he then expanded into technology and software. Today, Wipro has an innovation centre in Silicon Valley, which is focused on developing new technologies and collaborating with start-ups. Premji’s son, Rishad, heads strategy and sits on the board, and also chairs industry lobby group NASSCOM.
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CAMPDENFB.COM
ISSUE 75 | 2019
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