62% of New Millionaires come from Asia

[sana9821]

well there are more than half people population so i guess its normal, also people can be born in asia and make their business for example in europe, they would also be millionaires from asia...

[Robin_Good]

well there are more than half people population so i guess its normal, also people can be born in asia and make their business for example in europe, they would also be millionaires from asia...

There's more asian folks in general in the world. No wonder they have lots of wealthy people among them.

[Mehek]

in here chinese is most rich and every side of the world you can find chinese people and most of them have a business

Not only China India is also now worlds fourth biggest economy even with some big problems India is growing very fast and solidly

India's kicking butt with 7.3% growth in economy. Economists say that India will be in one of the top 3 economies at the year 2030. Ofcourse, a lot of things change but I think it might happen even sooner than 2030. India has a large market, it needs better marketing.

[madonnino]

well there are more than half people population so i guess its normal, also people can be born in asia and make their business for example in europe, they would also be millionaires from asia...

There's more asian folks in general in the world. No wonder they have lots of wealthy people among them.

besides the fact that Asians are many, just consider their vision of the work , I know a little ' of Asian people and I can only say that they are great workers , few holidays and many goals , I'm not surprised that their economy is in boom

[Kprawn]

I am a bit confused.... How can China be ruled by the Communist Party of China with socialist goals and they have the most millionaires? Is this not something that should occur within a country with capitalist goals?

I have seen scary videos on youtube where global assets are being bought by China on such a large scale, that the mayority of the assets in that country are acctually owned by China and not the country where it bought them. {The USA is also being bought piece by piece}

The economic reforms in China in the 1980's caused a lot of strange movement in political views towards wealth. Some of the Communist Party officials are now enriching themselves, and all socialist goals are being abandoned?

 

[jayce]

I don't know whether Middle East is a part of Asia or not, since people here just talk about China. Actually there are many richest people from Middle East like Prince Alwaleed (Saudi Arabia), Mohammed Al Amoudi (Saudi Arabia), Eyal Ofer (Israel), and many more. We can say Asia as a new power in the world, where each countries there have made some positive economy developments.

[mayflor2]

in here chinese is most rich and every side of the world you can find chinese people and most of them have a business

Not only China India is also now worlds fourth biggest economy even with some big problems India is growing very fast and solidly

India's kicking butt with 7.3% growth in economy. Economists say that India will be in one of the top 3 economies at the year 2030. Ofcourse, a lot of things change but I think it might happen even sooner than 2030. India has a large market, it needs better marketing.

Indian market can be a smart move for heavy bitcoin involvement as they have a large market, they have a lot of involvement with tech. With a huge economy and possible adaptation of economy, things can change completely regarding the future of bitcoin.

[bitcoinmar]

in here chinese is most rich and every side of the world you can find chinese people and most of them have a business

Not only China India is also now worlds fourth biggest economy even with some big problems India is growing very fast and solidly

India's kicking butt with 7.3% growth in economy. Economists say that India will be in one of the top 3 economies at the year 2030. Ofcourse, a lot of things change but I think it might happen even sooner than 2030. India has a large market, it needs better marketing.

Indian market can be a smart move for heavy bitcoin involvement as they have a large market, they have a lot of involvement with tech. With a huge economy and possible adaptation of economy, things can change completely regarding the future of bitcoin.

I agree but for the spread of bitcoin we need India strong business community which is right now not available but we can hope in near future we have some of this

[bitnanigans]

Asia is a rapidly growing market ripe for business, especially China with the economic boom. It is a largely untapped market and it would only be an advantage to learn their language.

[oniromancia]

This is part of a global trend related to demographics. Asia simply has more people and big North American money is heavily invested in Asia. It's no secret to the rich

[Miracal]

in here chinese is most rich and every side of the world you can find chinese people and most of them have a business

Not only China India is also now worlds fourth biggest economy even with some big problems India is growing very fast and solidly

India's kicking butt with 7.3% growth in economy. Economists say that India will be in one of the top 3 economies at the year 2030. Ofcourse, a lot of things change but I think it might happen even sooner than 2030. India has a large market, it needs better marketing.

Indian market can be a smart move for heavy bitcoin involvement as they have a large market, they have a lot of involvement with tech. With a huge economy and possible adaptation of economy, things can change completely regarding the future of bitcoin.

I agree but for the spread of bitcoin we need India strong business community which is right now not available but we can hope in near future we have some of this

It would be a smart move for established indian companies to invest their capital into good use of bitcoin. As it is new and unadopted in a country like India, its introduction and wide usage will do mutual benefits.

[Slark]

Not suprise there. Buoyed by a wave of new faces from China, the up-and-coming Asia-Pacific region surpassed the United States in billionaires on the newly released 2015 Forbes Billionaires List.
The Asia-Pacific, underpinned by China and India, had 562 billionaires, compared with 536 for the United States. Last year, the United States had 492 members and the Asia-Pacific region had 444.

http://www.forbes.com/sites/russellflannery/2015/03/09/2015-forbes-billionaires-full-list-of-asias-562-richest-people/

[mrcashking]

The Asia-Pacific region led by China is quickly catching up to the West in terms of wealth.

With the accelerating pace of innovation in mobile communications and fintech, the region
is expected to not only leapfrog the US & Europe by 2019, but also integrate millions
of unbanked people into the global economy.

I actually think it may happen sooner than that, what do you reckon?

No surprise here. Asia is going to dominate world trade by 2025 is what I read somewhere.

[dothebeats]

I don't know whether Middle East is a part of Asia or not, since people here just talk about China. Actually there are many richest people from Middle East like Prince Alwaleed (Saudi Arabia), Mohammed Al Amoudi (Saudi Arabia), Eyal Ofer (Israel), and many more. We can say Asia as a new power in the world, where each countries there have made some positive economy developments.

Middle East is also a part of Asia, but China is being tackled upon by most of the news because Chinese businessmen are the people who made some significant moves economically. Also, don't forget the quote "God made the world; the rest was made in China." No wonder most of the millionaires of today came from China, because obviously we support their products which in turn make them rich. Chinese people also are good in handling business. Well in case you didn't know, the majority of the elite and wealthy people here in our country (the Philippines) are Chinese--Henry Sy, owner of the SM Supermaket chains; John Gokongwei, one of the people who controls Robinsons Land, a large property developer in our country and; Lucio Tan, one of the major stockholders in the country's (the Philippines) national flag carrier, the Philippine Airlines.

[bryant.coleman]

India's kicking butt with 7.3% growth in economy. Economists say that India will be in one of the top 3 economies at the year 2030. Ofcourse, a lot of things change but I think it might happen even sooner than 2030. India has a large market, it needs better marketing.

I am a regular visitor to India, and I am more pessimistic about their future. India is a small country, with a population of 1.3 billion. The population is growing at a rate of 2% per year, and large number of the educated people are emigrating out of the country in search of better opportunities. Unless they do something to slow down the population explosion, India will remain as a third world nation for quite sometime.

[everaja]

There is no wonder that Asian countries are patching technology in every field , i would not talk about the old days rather i will tell you about the things that had happen in-front of my eyes , i have seen china laddering first in the field of mobile phones from 2003 , i have seen china exploding for raffels in 2006 , and all these are enough for me to prove that , yeah china as a Asian country is marching towards the zenith of development.

[bitcoinmar]

India's kicking butt with 7.3% growth in economy. Economists say that India will be in one of the top 3 economies at the year 2030. Ofcourse, a lot of things change but I think it might happen even sooner than 2030. India has a large market, it needs better marketing.

I am a regular visitor to India, and I am more pessimistic about their future. India is a small country, with a population of 1.3 billion. The population is growing at a rate of 2% per year, and large number of the educated people are emigrating out of the country in search of better opportunities. Unless they do something to slow down the population explosion, India will remain as a third world nation for quite sometime.

You absolutely true India's 2 biggest challenges are population and  emigration of educated peoples to developed countries for better opportunities but both need too much time to settle because of too much corruption in all system

[BillyBones]

Well, though it is good to hear that Asian are the future millionaires, still the Asian part are long way to go as means of life standards and attitude, it is not going to happen in the span of 50 to 70 years, while they improve their standards, Western and European countries reached to the above high level of standards in terms of economy and social.

[Anony]

The Asia-Pacific region led by China is quickly catching up to the West in terms of wealth.

With the accelerating pace of innovation in mobile communications and fintech, the region
is expected to not only leapfrog the US & Europe by 2019, but also integrate millions
of unbanked people into the global economy.

I actually think it may happen sooner than that, what do you reckon?

No surprise here. Asia is going to dominate world trade by 2025 is what I read somewhere.

The Asia-Pacific region led by China is quickly catching up to the West in terms of wealth. ;)It's only normal since there are more people in China alone than in the EU and the US together.China's double digit GDP growth and 1000 % return in real estate prices bubbles since 2001 .
 No wonder they become leaders in BTC mining. China may become the large holder of bitcoins in world.

[bryant.coleman]

Well, though it is good to hear that Asian are the future millionaires, still the Asian part are long way to go as means of life standards and attitude, it is not going to happen in the span of 50 to 70 years, while they improve their standards, Western and European countries reached to the above high level of standards in terms of economy and social.

In some of the countries, both the living standards and the attitudes are changing. For example take the case of Singapore and Hong Kong. But in certain other countries, the living standards are changing, but not the attitude (take the case of Qatar, China, Malaysia.etc). And in the third group of Asian countries, neither the living standard nor the attitude is changing (India, Pakistan, Nepal.etc).