Super rich sets sights on S’pore

Eye on the prize: Singapore is now home to almost 60% of Asia’s family offices. — The Straits Times/ANN

A new cohort of young and successful Indian business elites are joining the Ambanis, the family behind Indian conglomerate Reliance Industries, in setting up their family offices in Singapore to preserve and grow their wealth.

The Ambanis, one of India’s wealthiest and most influential families, set up a family office here in 2022.