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India leads Asia billionaire club | India leads Asia billionaire club |
(about 1 hour later) | |
India has the most billionaires in Asia with a total wealth of $191bn between them, according to the Forbes magazine annual list of richest people. | India has the most billionaires in Asia with a total wealth of $191bn between them, according to the Forbes magazine annual list of richest people. |
With 36 billionaires, India has overtaken Japan's 24 billionaires, after two decades of Japan topping the Asian rich list. | With 36 billionaires, India has overtaken Japan's 24 billionaires, after two decades of Japan topping the Asian rich list. |
Steel magnate Lakshmi Mittal leads the Indian billionaire club, with a net worth of $32bn. | Steel magnate Lakshmi Mittal leads the Indian billionaire club, with a net worth of $32bn. |
Globally, there are a record 946 billionaires, up from 793 last year. | Globally, there are a record 946 billionaires, up from 793 last year. |
"It was a sizzling year in Asia. Both India and China saw huge gains, " Forbes associate editor Luisa Kroll was reported as saying by the AFP news agency. | "It was a sizzling year in Asia. Both India and China saw huge gains, " Forbes associate editor Luisa Kroll was reported as saying by the AFP news agency. |
China and Hong Kong together have a total of 41 billionaires, according to the list. | China and Hong Kong together have a total of 41 billionaires, according to the list. |
Lakshmi Mittal, 56, is the fifth richest person in the world, according to the magazine. | Lakshmi Mittal, 56, is the fifth richest person in the world, according to the magazine. |
The other Indians in the list include Mukesh and Anil Ambani of Reliance, Wipro chief Azim Premji, Bharti Group chairman Sunil Mittal and Aditya Birla Group chairman Kumar Mangalam Birla. | The other Indians in the list include Mukesh and Anil Ambani of Reliance, Wipro chief Azim Premji, Bharti Group chairman Sunil Mittal and Aditya Birla Group chairman Kumar Mangalam Birla. |
HAVE YOUR SAY Their success translates into thousands of jobs Ralph, United States Send us your comments | |
India has recorded impressive economic growth in the past few years, though critics say the poor have been largely left out of the process. | India has recorded impressive economic growth in the past few years, though critics say the poor have been largely left out of the process. |
Microsoft founder Bill Gates holds the top spot for the 13th year in a row in the world list of billionaires with a net worth of $56bn. | Microsoft founder Bill Gates holds the top spot for the 13th year in a row in the world list of billionaires with a net worth of $56bn. |
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