Asian Billionaires
This topic was created in the Miscellaneous forum by Gaurav_Aries on Sunday, March 11, 2007 and has 2 replies.
India's dominance in the billionaires club shocks China :
Beijing: Indians topping Forbes' list of Asian billionaires, replacing the Japanese, has flabbergasted the Chinese.
"I am surprised that Indians have topped the Forbes' list of Asian billionaires," Chen Yu, a media consultant said.
"I must change my distorted impressions about India," she said.
With 36 of its citizens worth over a billion dollars, India replaced Japan as Asia's top breeding ground for the super-rich, the Forbes 2007 listing of billionaires said this week.
Amongst the top dozen Asian billionaires, there were eight Indians led by steel baron, LN Mittal. Asia added 54 new billionaires in the last one year, 14 of whom were from India. In other words, every fourth new Asian billionaire was from India.
Compared to the impressive performance by Indian entrepreneurs, the only mainland Chinese to figure in the top 70 richest amongst Asians was Yan Cheung, the self-made woman entrepreneur of Nine Dragon Paper Co, who is the richest person in China.
Ting Guo, an executive with a multinational company, said India's rise is also as impressive as that of China, but mostly went unreported or underreported in the Chinese media.
Zhang Jing, a Chinese journalist with the China Information World, also said that she was unaware of India's growth story and only had a good impression of the software sector.
Beijing: Indians topping Forbes' list of Asian billionaires, replacing the Japanese, has flabbergasted the Chinese.
"I am surprised that Indians have topped the Forbes' list of Asian billionaires," Chen Yu, a media consultant said.
"I must change my distorted impressions about India," she said.
With 36 of its citizens worth over a billion dollars, India replaced Japan as Asia's top breeding ground for the super-rich, the Forbes 2007 listing of billionaires said this week.
Amongst the top dozen Asian billionaires, there were eight Indians led by steel baron, LN Mittal. Asia added 54 new billionaires in the last one year, 14 of whom were from India. In other words, every fourth new Asian billionaire was from India.
Compared to the impressive performance by Indian entrepreneurs, the only mainland Chinese to figure in the top 70 richest amongst Asians was Yan Cheung, the self-made woman entrepreneur of Nine Dragon Paper Co, who is the richest person in China.
Ting Guo, an executive with a multinational company, said India's rise is also as impressive as that of China, but mostly went unreported or underreported in the Chinese media.
Zhang Jing, a Chinese journalist with the China Information World, also said that she was unaware of India's growth story and only had a good impression of the software sector.
LOL...Archie thatz not what I strive for ...Am a simple man aft all 
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