Asia produces a new billionaire every week

A  report by UBS and PricewaterhouseCoopers found that one billionaire pops up in Asia every three days.

Of 113 Asian entrepreneurs who reached billionaire status in 2015, 80 were from China, which means that the Asian country gained a new billionaire every five days!

According to the study:

Almost half of these came from the technology (19%), consumer & retail (15%) and real estate (15%) sectors. E-commerce businesses are in the ascendancy.



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