Half a world away from Washington, Asia’s wealthiest dynasties are once again bracing for impact. Why? Because Donald J. Trump is back for round two and let’s just say, the global economy is in for a wild ride.
Just weeks into his second term, Trump has fired off diplomatic broadsides, tariff threats, and economic curveballs that could reshape Asia’s business landscape. As the region’s billionaires sip their morning teas in their sky-high penthouses, one question looms: How will Trump’s policies affect their bottom lines?
Money, Power, and a Dash of Chaos
A few of these tycoons have past run-ins with Trump, including Hong Kong’s Kwok family (No. 5) and the Kweks (No. 15), who once tangled with him over the sale of New York’s Plaza Hotel in the ‘90s. Meanwhile, Hong Kong’s Cheng family (No. 12) once helped bail Trump out of financial trouble, talk about an ironic plot twist.
For Asia’s top industrialists, tariffs could mean profit or peril. China Hongqiao’s Zhang family (No. 11) and Samsung’s Lee family (No. 10) are holding their breath, as Trump’s trade war playbook could hit their industries hard. Meanwhile, Thailand’s Chearavanont family (No. 2) may emerge as a winner, thanks to a shift in investment toward Southeast Asia.
A Billionaire’s Survival Guide
To survive Trump’s second term, these families might need a personal Trump translator—someone to separate policy from Twitter rants. According to Professor Nirmalya Kumar, “They should book a room at Mar-a-Lago and start taking notes.”
Still, Asia’s richest aren’t exactly amateurs. With diversified holdings and generational wealth, they’re well-equipped to weather economic storms. Some, like India’s Ambani family (No. 1), are already diversifying into AI and green energy, ensuring they stay ahead of the curve.
Final Thoughts: Is This a Crisis or an Opportunity?
Trump’s policies might shake up Asian markets, but they also open doors for strategic players. While tariffs could hit some industries hard, others—especially those tied to Southeast Asia’s booming economy—may thrive.
So, will Asia’s billionaires sink or swim under Trump 2.0? If history has taught us anything, money always finds a way to multiply—especially when there’s a mansion, a private jet, and a team of financial wizards involved.