Saturday, May 5, 2012

Asia and its growing number of billionaires in 2012

Asia now has 332 billionaires, an increase from last year’s total of 234.
China has seen the biggest increase in its number of billionaires with 115 compared to only 46 last year...
United states has now 413 billionaires which is only 1/3 of the total number of billionaires in the world (it used to have half of the billionaires).
 Hong Kong has 36 billionaires, up from 25 last year and India has 49.
 The most popular sectors that have increased signanficantly are financials, technology and consumer staples.
Forbes senior editor Luisa Kroll said: "It is much easier to get rich today if you go live in Shanghai. If I were 22 years old and an entrepreneur and maybe could speak Mandarin I'd hightail it there."
 I will try to keep that in mind and stay in Asia :)




Some of the New billionaires around asia in 2012: (from Forbes list)

 Garibaldi Thohir
$1.5 BILLION, INDONESIA, 45
Nicknamed "Boy," he is 1 of 5 new coal billionaires from Indonesia. He and 3 others got rich from Adaro Energy, which he runs, known for its "envirocoal," with low ash, sulfur content. Stock up a third in past year.


Yusaku Maezawa
$1 BILLION, JAPAN, 35
Founder of online retailer Zozotown, which caters to young fashionistas. Website structured like actual mall with stores; sells on consignment. Plans to branch out to older customers in an alliance with Yahoo Japan


 Hui Lin Chit
$1.7 BILLION, CHINA, 58
Chief executive of Hengan International,biggest producers of napkins products, household napkins; averaged 46% operating income growth for last five years.
 Kim Tack-Jin
$1 BILLION, KOREA, 44
 Developed softwares when he was student to help practice typing in Korean and he is soon planning to launch his baseball team

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