There are 130 billionaires, up from 101 last year, compared with 359 in the
United States, 32 in Russia and 24 in , according to the magazine. India
buck the trend and the wealth seems to be still growing,” he said. “They’ve put the credit crunch behind them. The key driver has been urbanization. You’ve got all these cities being built, and that requires property developers, iron and steel manufacturers. The latest thing is cars.” China
Topping the list was Wang Chuanfu, chairman of electric car and battery maker BYD, with an estimated personal wealth of $ 5.1 billion. Second place went to Zhang Yin and family owner of paper recycler Nine Dragons paper, while in third place was Xu Rongmao and family, owner of Shimao Property Holdings.