Forbes 2008 list of Asian billionaires jumps 30%

Michael Alan Hamlin

Posted on March 6, 2008

211 Asians make list of 1,125

Forbes has released its annual billionaires list, which expanded to 1,125 people around the world, up from 946 last year. Two things stand out: 1) Warren Buffet replaced Bill Gates as the world’s richest man; and, 2) The number of Asian billionaires on the list jumped 30% on the strength of the booming China and India economies.

India in fact placed third in the world with 53 billionaires, behind the U.S. with 469 and Russia with 87. China has 36. The Philippines has two, Lucio Tan & Family and Henry Sy & Family.

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