MURDER, POLITICS, AND THE END OF THE JAZZ AGE
by Michael Wolraich
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India has 103 billionaires but their worth is not even half of China’s rich
By artappraiser on Thu, 11/07/2013 - 8:19pm |
ndia is ranked sixth in a list of top ten countries with most billionaires but is at a much lower ninth slot in total net worth sweepstakes, a new Wealth report by WealthX and UBS titled “Billionaire Census 2013″ has shown. The country has 103 billionaires, higher than that of Hong Kong , France, Saudi Arabia and Switzerland but their aggregate net worth is just $180 billion only above Switzerland’s $128 billion of 61 billionaires. The US tops the list with 515 billionaires having an eye popping net worth of $2,064 billion. This is over three times the number of billionaires in China, which has the world’s second largest billionaire population of 157. The total worth of the Chinese billionaires is $384 billion—about one-fifth of corresponding US figure. Interestingly, the worth of German and UK billionaires is much higher than that of China’s though they have fewer billionaires—148 and 135, respectively. And total net worth of Indian billionaires is not even half of China’s.
Read more at: http://www.firstpost.com/business/india-may-boast-of-103-billionaires-but-their-worth-is-not-even-half-of-chinas-rich-1213735.html?utm_source=ref_article
Read more at: http://www.firstpost.com/business/india-may-boast-of-103-billionaires-but-their-worth-is-not-even-half-of-chinas-rich-1213735.html?utm_source=ref_article
ndia is ranked sixth in a list of top ten countries with most billionaires but is at a much lower ninth slot in total net worth sweepstakes, a new Wealth report by WealthX and UBS titled “Billionaire Census 2013″ has shown. The country has 103 billionaires, higher than that of Hong Kong , France, Saudi Arabia and Switzerland but their aggregate net worth is just $180 billion only above Switzerland’s $128 billion of 61 billionaires. The US tops the list with 515 billionaires having an eye popping net worth of $2,064 billion. This is over three times the number of billionaires in China, which has the world’s second largest billionaire population of 157. The total worth of the Chinese billionaires is $384 billion—about one-fifth of corresponding US figure. Interestingly, the worth of German and UK billionaires is much higher than that of China’s though they have fewer billionaires—148 and 135, respectively. And total net worth of Indian billionaires is not even half of China’s.
Read more at: http://www.firstpost.com/business/india-may-boast-of-103-billionaires-but-their-worth-is-not-even-half-of-chinas-rich-1213735.html?utm_source=ref_article
Read more at: http://www.firstpost.com/business/india-may-boast-of-103-billionaires-but-their-worth-is-not-even-half-of-chinas-rich-1213735.html?utm_source=ref_article
By Sunainaa Chadha, FirstPost Business, Nov 7, 2013
India is ranked sixth in a list of top ten countries with most billionaires but is at a much lower ninth slot in total net worth sweepstakes, a new Wealth report by WealthX and UBS titled “Billionaire Census 2013″ has shown.
The country has 103 billionaires, higher than that of Hong Kong , France, Saudi Arabia and Switzerland but their aggregate net worth is just $180 billion only above Switzerland’s $128 billion of 61 billionaires.
The US tops the list with 515 billionaires having an eye popping net worth of $2,064 billion. This is over three times the number of billionaires in China, which has the world’s second largest billionaire population of 157. The total worth of the Chinese billionaires is $384 billion—about one-fifth of corresponding US figure.
Interestingly, the worth of German and UK billionaires is much higher than that of China’s though they have fewer billionaires—148 and 135, respectively. And total net worth of Indian billionaires is not even half of China’s.
Moreover [....]
URL:
http://www.firstpost.com/business/india-may-boast-of-103-billionaires-but-their-worth-is-not-even-half-of-chinas-rich-1213735.html
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