William Ding
Net worth: $1 billion
Age: 37
Country of citizenship: China
Residence: Guangzhou, China
Ding was briefly China’s richest man in 2003. The Internet company he founded, Netease, has held its own amid tough competition in the online gaming market that has become its main business. The company’s games include “Westward Journey Online III” and “Fantasy Westward Journey.”
Chung Yong-Jin
Net worth: $1 billion
Age: 39
Country of citizenship: South Korea
Residence: Seoul, South Korea
The only son of Shinsegae Chairwoman and fellow billionaire Lee Myung-Hee, Yong-Jin is the retailer’s vice chairman. He is expanding Shinsegae’s presence in China; was robbed last year when a personal security guard allegedly stole cash, designer clothes and a pair of Dolce & Gabbana shoes said to be worth $1,000. Was once married to a former Miss Korea who later became a popular Korean TV actress; the pair split in 2003.
Yang Huiyan
Net worth: $7.4 billion
Age: 26
Country of citizenship: China
Residence: Shunde, China
Daddy’s girl received a 58% stake in real estate developer Country Garden from its main founder, her father, Yeung Kwok Keung. She’s now China’s richest woman. Not much else is known about her other than the fact that she is an Ohio State grad, and her wedding video is posted on YouTube.
Wong Kwong Yu Huang Guangyu
Net worth: $3.5 billion
Age: 39
Country of citizenship: China
Residence: Beijing, China
This Guangdong native controls Gome Appliances, one of China’s two largest electronic appliance chains. He slipped behind rival Suning Appliances’ Zhang Jindong, at least in terms of founders’ net worths. Increasingly turning his interest to real estate and other investments. In 2007, Wong set up a $500 million investment fund with Bear Stearns to invest in other retailers.
Malvinder & Shivinder Singh
Net worth: $2.5 billion
Age: 35 (Malvinder), 33 (Shivinder)
Country of citizenship: India
Residence: Dehli, India
These brothers, both Duke University grads, control generic drug maker Ranbaxy Laboratories, founded by their grandfather. Malvinder is chief executive of Ranbaxy, which recently settled a lawsuit with GlaxoSmithKline over marketing rights to generic version of herpes drug Valtrex. In February 2008, Ranbaxy’s board approved a spinoff of the research arm into Ranbaxy Life Science Research. Shivinder runs Indian hospital chain Fortis Healthcare, which went public in 2007. The brothers also recently listed financial services arm Religare Enterprises.
Anurag Dikshit
Net worth: $1.6 billion
Age: 36
Country of citizenship: India
Residence: Gibraltar, Gibraltar
Developmental engineer turned online gambling mogul. Earned a degree in computer science and engineering from Indian Institute of Technology in New Delhi. First jobs at CMC, Websci and AT&T. PartyGaming founder, American Ruth Parasol, launched Starluck Casino on the Internet in 1997. Dikshit (pronounced Dix-it) joined a year later at age 25. He wrote the company’s betting software, which enables gamblers around the world to play one another in poker. The stock is down since its 2005 peak due to new U.S. laws banning financial groups from facilitating online bets. He sold a chunk of shares and left its board but still holds big stake.
Ma Huateng
Net worth: $1.4 billion
Age: 36
Country of citizenship: China
Residence: Shenzhen, China
One of three Chinese Internet moguls to debut on the billionaires list this year; others include Baidu.com’s Robin Li and Alibaba’s Jack Ma. His Tencent Holdings is China’s most popular provider of online chat services. It has attracted such advertisers as McDonald’s and Nike.
Girish Tanti
Net worth: $1.3 billion
Age: 38
Country of citizenship: India
Residence: Pune, India
The youngest of four Tanti brothers who co-founded Suzlon Energy, which is the world’s most valuable wind power company. Girish, who has a 12% holding in Suzlon and sits on its board, looks after international business and human resources. His family got its start in textiles; moved into wind energy initially just to save money. Older brother Tulsi heads the company.
Sameer Gehlaut
Net worth: $1.2 billion
Age: 34
Country of citizenship: India
Residence: Bombay, India
India’s youngest self-made billionaire. An engineer from India’s elite Indian Institute of Technology, Delhi,Gehlaut started online brokerage Indiabulls with two college pals in 1999. He still heads the company and is its largest shareholder. Early investors included steel tycoon Lakshmi Mittal and hedge fund Farallon Capital. Listed Indiabulls in 2004; the group then moved into real estate. Scooped up prized land in Mumbai in public auctions that is being developed into commercial offices and malls. Spun off and listed real estate arm Indiabulls Real Estate in 2007. Plans to raise another $1.2 billion in Singapore for a separate property investment trust. Inked joint venture for life insurance with Societe Generale. Expanding into power–plans include setting up India’s fourth commodities exchange that will compete with fellow billionaire Jignesh Shah’s MCX.
Zhang Cheng Fei
Net worth: $1.3 billion
Age: 38
Country of citizenship: China
Residence: Dongguan, China
Co-founded paper manufacturer Nine Dragons with older sister Yan Cheung (he spells his name differently in English). As the deputy chief executive, he is responsible for much of the day-to-day operations, including marketing, distribution and finance.
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