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Forbes: Asia’s Top 15 Youngest Billionaires

Posted on September 7th, 2008 in Daily Observations, Effective and Efficient, Malaysia Personal Finance, Malaysia Risk Management & Insurance |

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Here’s a recent listing by Forbes: Asia’s 15 Youngest Billionaires.

Name Net
Worth
(bil) 		Age Country Sector Company  
Yang Huiyan $7.40 26 China Properties Country Garden Link
Wong Kwong Yu $3.50 39 China Retail Gome Appliances Link
Xiaofeng Peng $2.50 33 China Energy LDK Solar Link
Malvinder Singh $2.50 35 India Pharmaceutical Ranbaxy Lab Link
Shivinder Singh $2.50 33 India Pharmaceutical Ranbaxy Lab Link
Chu Lam Yiu $1.90 38 HK Consumer Huabao Int’l Link
Vikas Oberoi $1.70 37 India Properties Oberoi Const Link
Xian Yang $1.60 34 China Mining Hidili Industry Link
Anurag Dikshit $1.60 36 India Internet Starluck Casino Link
Robin Yanhong Li $1.40 39 China Internet Baidu.com Link
Ma Huateng $1.40 36 China Internet Tencent Holdings Link
Girish Tanti $1.30 38 India Energy Suzlon Energy Link
Zhang Cheng Fei $1.30 38 China Manufacturing Nine Dragons Link
Sameer Gehlaut $1.20 34 India Financial Services Indiabulls Link
Chung Yong-Jin $1.00 39 S. Korea Retail Samsung Link

Just like the recently wrapped up Beijing Olympics, the list is dominated by the Chinese, followed by India. The one and only entry from South Korea is ranked last in the Top 15 list.

Unfortunately, there’s a total absence of South East Asia entries. Whatever happened to the ASEAN initiative?

To quote the ASEAN Declaration…

The ASEAN Declaration states that the aims and purposes of the Association are:

(1) to accelerate economic growth, social progress and cultural development in the region and

(2) to promote regional peace and stability through abiding respect for justice and the rule of law in the relationship among countries in the region and adherence to the principles of the United Nations Charter

Ahem…look at Myanmar and their practice (or malpractice) of human rights (free registration).

Look at Thailand and their current state of affairs. Manipulated democracy or just pure power-craze?

Philiphines has their own MILF (not the married ones) to take care of.

Let’s not look too far, and zoom back on our own beloved homeland- Malaysia. We are not faring very well either in our political arena, with a potential of the ruling party being toppled this coming 16th September. It can either be viewed as an opportunity for a real change or it could just be a harbinger of chaos, which could just bring the entire nation down to their knees, while the Brits go, “I told you so.”

While ASEAN’s politicians are struggling to redefine their identities, recovering from internal conflicts and struggling with their addiction with power, the 2 major powers of the world is making leaps and bounds ahead of everyone in the game.

Interestingly, our 33-year old MP from Rembau, dubbed the World Richest Unemployed, didn’t manage to squeeze into the list above.





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  • pac-man
    the thing is, there's hardly self made billionaires nowadays (especially the young 'uns) most if not all get their titles through heredity instead of ground-ups.

    It's easy to be a billionaires if your pops or grandads own a sizeable chunk of the economy.

    p.s. : if you must use nationality, then might as well follow it through. Indian instead of India and Korean instead of Korea. ;)
  • I was referring to the Chinese people(former) while in the latter cases, I was referring to the country India and Korea.

    I thought that was obvious. Then again, thanks for pointing it out.
  • molly
    Wao, how nice to be a billionair. *dream*
  • damn~ i think we should move away from Malaysia! make some money from China or India, since our government only take care of the "BUMI"~
  • Jay-2-da-Zee: If that's the case, how come none of the BUMI is listed in the list above? :-P
  • They're a low profile lot - maybe!
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