China adds remarkable share of world's newly minted billionaires
(NEWSER) - Asian magnates are the huge scorers in the annual Forbes list of the world’s billionaires, with 234 making the cut this year, compared to 130 last year. That's 23% of the 1,011 people worldwide on the list, up from 16%. And Asia is minting new billionaires like mad: Last year, just 7 of 38 newcomers to the list were from Asia. This year, it’s 62 of 97. The combined wealth of the Asians on the list more than doubled over last year, while the Europeans' rose 50% and the Americans' 18%. More»