India Asia's biggest source of billionaires

desidude007 · 03-06-2008, 09:41 PM

The wealth amassed by Indian billionaires is more than 3.5 times those in China, even as the world's most populous nation saw the highest number of newcomers joining the billionaire club over the past one year.

Despite China seeing a maximum 28 people joining the ranks of those with at least one billion dollar, India has managed to retain its position as Asia's biggest source of billionaires.

With 19 newcomers, India has 53 billionaires with a combined wealth of $340.9 billion, according to the Forbes list of world's billionaires released on Thursday.

In comparison, China has 42 billionaires - second highest in Asia - with a combined wealth of $95 billion.

India and China are followed by Hong Kong (26), Japan (24) and Australia (14) in terms of number of billionaires.

Last year, India had overtaken Japan as the biggest Asian nation in terms of number of billionaires. Japan has slipped even below China and Hong Kong this year.

Besides, India also holds the honour of having the largest number of four billionaires in top ten - NRI steel baron Lakshmi Mittal (4th), Mukesh Ambani (5th), Anil Ambani (6th) and KP Singh (8th).

In the top ten, there are two Americans - Warren Buffet at the top and Bill Gates at third - and one each from Mexico (Carlos Slim Helu at second), Sweden (Ingvar Kamprad at 7th), Russia (Oleg Deripaska at 9th) and Germany (Karl Albrecht).

However, India still remains way below the US in terms of total number of such people, which has as many as 469 billionaires worth a total of $1.6 trillion.

There are 656 non-US billionaires worth a total of $2.8 trillion. Among BRIC countries, Russia has the highest number of billionaires (88) with a combined wealth of over $470 billion. Brazil boasts of 18 billionaires worth $65.1 billion.

amitesh ghate · 03-07-2008, 07:43 PM

wow nice info from where did u got it ?

bloggy · 03-07-2008, 10:08 PM

Quote:

Originally Posted by amitesh ghate

wow nice info from where did u got it ?

This is the one i think -
http://www.forbes.com/2008/03/05/wor...artner=msnedit

There are 4 Indians in the top 10 billionaires in the world

abg88 · 03-07-2008, 11:37 PM

ambani brothers will be soon the number one in the list

bloggy · 03-08-2008, 02:57 PM

Quote:

Originally Posted by abg88

ambani brothers will be soon the number one in the list

Only if they both get united.

bunty · 03-09-2008, 07:40 PM

Can you give of more information about this where did you get this information

Digital-ace.com · 03-09-2008, 07:48 PM

India really on the roll which will raise on the top of nocth

03-06-2008, 09:41 PM	#1 (permalink)
desidude007 SUB Super Star Join Date: Feb 2008 Posts: 309	India Asia's biggest source of billionaires The wealth amassed by Indian billionaires is more than 3.5 times those in China, even as the world's most populous nation saw the highest number of newcomers joining the billionaire club over the past one year. Despite China seeing a maximum 28 people joining the ranks of those with at least one billion dollar, India has managed to retain its position as Asia's biggest source of billionaires. With 19 newcomers, India has 53 billionaires with a combined wealth of $340.9 billion, according to the Forbes list of world's billionaires released on Thursday. In comparison, China has 42 billionaires - second highest in Asia - with a combined wealth of $95 billion. India and China are followed by Hong Kong (26), Japan (24) and Australia (14) in terms of number of billionaires. Last year, India had overtaken Japan as the biggest Asian nation in terms of number of billionaires. Japan has slipped even below China and Hong Kong this year. Besides, India also holds the honour of having the largest number of four billionaires in top ten - NRI steel baron Lakshmi Mittal (4th), Mukesh Ambani (5th), Anil Ambani (6th) and KP Singh (8th). In the top ten, there are two Americans - Warren Buffet at the top and Bill Gates at third - and one each from Mexico (Carlos Slim Helu at second), Sweden (Ingvar Kamprad at 7th), Russia (Oleg Deripaska at 9th) and Germany (Karl Albrecht). However, India still remains way below the US in terms of total number of such people, which has as many as 469 billionaires worth a total of $1.6 trillion. There are 656 non-US billionaires worth a total of $2.8 trillion. Among BRIC countries, Russia has the highest number of billionaires (88) with a combined wealth of over $470 billion. Brazil boasts of 18 billionaires worth $65.1 billion.

03-07-2008, 07:43 PM	#2 (permalink)
amitesh ghate SUB Super Star Join Date: Feb 2008 Posts: 486	wow nice info from where did u got it ? __________________ EARN $'S FOR SIMPLY VIEWING THE WEBSITES MIN. PAYOUT FOR 5$ HURRY UP AND REGISTER HERE

03-09-2008, 07:48 PM	#7 (permalink)
Digital-ace.com SUB Super Star Join Date: Feb 2008 Location: Godhra Posts: 679	India really on the roll which will raise on the top of nocth __________________ Best free games and softwares \| Making Money Online \|Hot Babes Videos

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03-07-2008, 11:37 PM	#4 (permalink)
abg88 SUB Star Join Date: Mar 2008 Posts: 171	ambani brothers will be soon the number one in the list

03-09-2008, 07:40 PM	#6 (permalink)
bunty SUB Super Star Join Date: Mar 2008 Posts: 900	Can you give of more information about this where did you get this information