Asia has the world's most billionaires: Survey

Comments print
PTI: Beijing, Feb 28 2013, 22:09 IST
Business.jpg
Asia has more billionaires than any other continent, a survey by a China-based wealth magazine showed today, apparently overtaking North America for the first time.

There were 1,453 people around the world with a personal wealth of USD 1 billion or more as of January, said the Hurun Report, a luxury magazine publisher that compiled the list.

Asia had 608 billionaires, North America 440 and Europe 324, it said in a statement.

It is believed to be the first time Asia has been named as home of the largest proportion of super-rich on any global list.

US business magazine Forbes said in its most recent international rich list, published in March last year, that the Asia-Pacific region had 315 billionaires, compared to 450 from North America and 310 in Europe.

Among individual countries, the United States and China dominated the Hurun list, with 408 and 317 billionaires respectively, followed by Russia, Germany and India.

Mexican telecoms czar Carlos Slim, 73, was ranked as the "Richest Man on the Planet" with a personal fortune of USD 66 billion. Slim also topped last year's Forbes global list.

US investor Warren Buffett and Amancio Ortega of Spain, founder of fashion brand Zara, were second and third in the Hurun Report rankings, with a net worth of USD 58 billion and USD 55 billion respectively.

Hong Kong investor Li Ka-shing kept his title of Asia's richest man with USD 32 billion, the seventh wealthiest person in the world.

"In China we've seen a huge urbanisation boom and that has created a lot of

... contd.

Ads by Google
   1 | 2 | Next
Previous Story  Rupee posts second biggest fall in 2013 after Budget presentation, plunges 50p Vs US dollar Next Story  Next big smartphone accessory is your car!
Reader's Comments| Post a Comment

Be the first to comment.

Post your Comment

Your email address will not be published. Required fields are marked *

Name *
Email *
Message *
 
captcha
please enter the above characters in the box below