Burman family

More than 80% of India’s 100 richest tycoons are wealthier than they were a year ago.

From taking new roles in their family businesses to starting their own, here’s how seven next-generation tycoons are furthering their families’ legacies.

When billionaire Harsh Mariwala decided to hand over day-to-day control of consumer goods giant Marico, he had a mantra for his role as chairman at the company he founded and ran for 24 years: “Mind On. Hands Off.” “The whole objective is to add value,” says Mariwala, 68. “Not control.”

All together, the Top 50 Richest Asian Families are worth US$519 billion.

India's fourth largest consumer goods company, Dabur, signed a deal on Wednesday to make two new drugs for malaria and diabetes management based on the ancient Indian science of Ayurveda. The $1.3 billion (fiscal 2015 revenues) Delhi company–which is one of the largest manufacturers of Ayurvedic medicines in the world–will launch [...]

Readers share their thoughts on previous issues.

SINGAPORE (October 8, 2015) – Forbes Asia today launched its inaugural ranking of the top 50 Asian business dynasties. South Korea’s Lee family, who controls the Samsung Group, tops the list with a combined wealth of US$26.6 billion. The full list can be found here and in the latest issue [...]

Inaugural ranking of the top 50 Asian business dynasties.

Family members have made investments that suit their own fancy and budget.

After 114 years the Burmans decided things needed to change at their family-owned Dabur. So every Burman quit his job at the company, and the Indian outfit has boomed.

The Burman family in New Delhi has four members on this year’s Forbes Billionaires List – Vivek Chand Burman (#1226 ), Anand Burman (#1324), Amit Burman (#1712) and Sidharth Burman (#1741). For long, the Burman clan - comprising cousins, uncles and grand uncles - chose to list its wealth under Anand [...]

Hunger for games.

Dabur India takes a traditional approach to health and beauty.

Harsh Mariwala has expanded what was once a stodgy Indian coconut-oil business into one of India's biggest purveyors of beauty products.

The acquisition will increase its share of the Indian tractor market to 40% and help it compete overseas.

Deal will increase its share of Indian tractor market to 40% and help it compete overseas.