Iron Man? ‘Yes, I can iron clothes. Magaling ako maglaba ha, especially when I was a student abroad.’ Lucio Tan Jr. has entered the building. We hear the sound of a helicopter approaching Century Park Hotel, and Philippine Airlines (PAL) spokesperson and external communications chief Cielo Villaluna says in her signature mellow voice: “ Bong Tan is here!” In a few minutes, Bong appears, looking cool and sharp in a battle-green blazer, with an untucked white polo shirt, a snazzy, tiny strip of printed cloth peeping out beneath the buttons. He wears no socks, something I would expect from a guy who seems like a warm person, someone who is not at all stiff, someone who is generous with his smiles and laughter. One thing popping out of the blazer is his athletic form. The abs, as seen through my X-ray vision, look good. This is certainly a man who knows how to keep fit. And save time. Do you always take a chopper to keep your appointments? I ask, considering … [Read more...] about Lucio Tan Jr.: Muscle man in the boardroom
Top 10 richest man in malaysia
PETALING JAYA: Two Malaysians are listed in Forbes Asia's inaugural Emergent 25 List, which honours star businesswomen who are making their recent mark in regional enterprises. Kuok Hui Kwong and Joanne Kua are named in the list released today. The listees reflect the broader impact women are having in the Asian business world, and were chosen for the money they generate, the influence they wield, and the ideas and trends they are advancing. Hui Kwong is the daughter of Robert Kuok, who is Malaysia's richest man. She rose to the top of her father's luxury crown jewel, Shangri-La Asia, at the beginning of 2017, taking over from her elder brother. As chairman of the Hong Kong-listed Shangri-La, she oversees total assets of US$13.2 billion, including stakes in 77 of more than 100 hotels the Kuok family manages around the world under four brands — Shangri-La, Kerry, Hotel Jen and Traders — as well as side businesses in wine and golf courses. Kua is group CEO and executive … [Read more...] about Two Malaysians in Forbes Asia’s inaugural Emergent 25 List
Mukesh Ambani, the Reliance Industries chairman, who keeps his standing as the richest Indian, is richer this year by $16.9 billion with assets amounting to $40.1 billion, said Forbes magazine in its recent list released online on Tuesday. India has 121 billionaires -- 19 more than last year -- making them the third largest group of the ultra-rich after those from the US and China, according to Forbes, the business magazine that produces an annual list. Mukesh Ambani moved up to the 19th global rank on the list of 2,208 billionaires worldwide compiled by Forbes. In 2017, he ranked 33rd with $23.2 billion. The US has 585 billionaires and China 373 this year on the Forbes tally, which it calls "The Three Comma Club" for the punctuation used in writing out fully the billion in numbers. In 2017, there were 102 Indians on the list. Amazon founder Jeff Bezos is the world's richest man with assets valued at $112 billion, overtaking Microsoft co-founder Bill Gates whose fortunes are valued at … [Read more...] about Mukesh Ambani with $40 billion, richest among 121 Forbes billionaires in India
Robert Kuok ranks 96 this year on Forbes’ global billionaire list. The Straits Times Robert Kuok is again Malaysia’s richest man this year, according to Forbes’ 2018 ranking of the world’s billionaires. According to the wealth ranking, Kuok’s wealth is estimated at $14.8 billion, up from $11.4 billion last year. Ranked at 96th place globally, the 94-year-old is by far Malaysia’s richest person, with the next Malaysians, Ananda Krishnan and Quek Leng Chan, tying 121 places behind at number 217. Both Quek, 76, and Ananda Krishnan, 79, have an estimated wealth of $7.2 billion each. This year, there are a total of 14 Malaysians on the list. They are: 14) Tiong Hiew King, 82 2018 Rank: 1,999 Wealth: $1.1 billion 13) Lim Wee Chai, 60 2018 Rank: 1,867 Wealth: $1.2 billion 12) Jeffrey Cheah, 72 2018 Rank: 1,756 Wealth: $1.3 billion 11) Syed Mokhtar AlBukhary, 66 2018 Rank: 1,284 Wealth: $1.9 billion 10) Koon Poh Keong, 56 … [Read more...] about Malaysia’s richest man Robert Kuok’s wealth surges further to $14.8 billion
Indian superstar Amitabh Bachchan made his millions (US$100 million) in record time and lost them too within a week, the Statesman reported. His example has come in handy to warn those reposing blind faith in the future of cryptocurrency. On the other hand, Mukesh Ambani, India’s richest man, who is arguably Asia’s richest too, and who transformed India’s telecom sector with his Reliance Jio Network is reportedly contemplating floating another version of the cryptocurrency – JioCoin. What is Bitcoin? A cryptocurrency is a virtual currency which is encrypted and anonymous, making it secure and hard to track. It has no physical manifestation and exists only as a unique string of numbers and characters in the memory of computers. These currencies are traded on online exchanges only geared towards cryptocurrencies, reports Dawn. Bitcoin was the first cryptocurrency which was started in 2009 by an anonymous group or person who go/goes by the name of Satoshi Nakomoto, … [Read more...] about Future of money or a fraud? Deconstructing Bitcoin in the region.