07 March 2008

Asia's Booming Top Billionaire$

Warren Buffett regains his No 1 position in the world's riches billionaires while it is interesting to note that Microsoft's Bill Gates wealth dwindles down to No 3, according to Forbes magazine's annual billionaires list.

The number of billionaires in Asia jumped more than
30 per cent last year, with tycoons from India and China leading the charge.

In total, this year saw 1,125 people around the world making the list, up from 946 last year, representing a total net worth of US$4.4 trillion dollars and a dramatic increase from US$3.5 trillion dollars in 2007.
Asians accounted for 211 people on the list, up from 160 last year, with India counting 53, up from 36 in 2007, and China, which had just 20 billionaires last year, now boasting 42.

Below are some of the top 200 billionaires in the world sorted in their respective countries :-

HongKong (name, world ranking, value)
1) Li Ka-Shing (11) USD26.5B
2) Raymond/Thomas/Walter Kwok (23) USD19.9B
3) Lee Shau Kee (29) USD19.2B
4) Stanley Ho (113) USD8B

Malaysia
1) Robert Kwok (97) USD9B
2) Ananda Krishnan (131) USD7.2B
3) Lee Shin Cheng (173) USD5.7B

Singapore
1) Ng Teng Fong-real estate (132) USD7B

Japan
1) Akira Mori & Family-real estate (124) USD7.5B

China
1) Yang Huiyan-real estate (female, age 26) (125) USD7.5B

Taiwan
1) Tsai Hong-Tu & Family-life insurance (120) USD 7.7B


For a more complete list of billionares, click http://www.forbes.com/2008/03/05/richest-people-billionaires-billionaires08-cx_lk_0305billie_land.html

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