VietNamNet Bridge - According to Forbes, as of November 16, 2015, Southeast Asia had a total of 70 people with assets of $1 billion or more. Vietnam has a sole representative Pham Nhat Vuong, Chairman of the Vingroup, with assets estimated at $1.8 billion. Among the Southeast Asian countries, Indonesia has the highest number of US dollar billionaires, with 17 people. The richest man of this country is R.Budi Hartono, with $8.5 billion. Ranking second is Singapore with 16 billionaires. The brothers Robert and Philip Ng are the richest men with total assets of $7.7 billion. Thailand was ranked 3rd with 15 people with assets from $1 billion or more. Dhanin Chearavanont, Thailand's richest person, is also the richest man in Southeast Asia today. According to the Wall Street Journal, Dhanin Chearavanont business empire is facing many challenges for a number of reasons such as China's economic slowdown, the Russian ruble devaluation and political instability in Turkey. However, this … [Read more...] about Which Southeast Asian country has the most USD billionaires?
10 richest countries in the world
VietNamNet Bridge – Rich Vietnamese are becoming better known in the world for the way they spend money. Of the 50 Mercedes-Maybach S600 manufactured for the global market in 2015, Vietnamese clients booked 10. In the past several years, some Vietnamese have been named on the list of the richest men in the world. According to "Billionaire Census 2014" by Wealth-X and UBS (Swiss bank), in 2014 Vietnam continued to be on the list of 14 countries in Asia with USD billionaires. In 2014, the number of USD billionaires in Vietnam increased from one to two, and their total assets rose from $1 to $3 billion. Compared with other countries in the region, the number of USD billionaires in Vietnam remains modest. However, in the world’s super-rich map, Vietnam has made considerable progress. This report does not disclose the names of the 2 USD billionaires of Vietnam but one of them was identified as Pham Nhat Vuong, the chairman of Vingroup, a big real estate group in … [Read more...] about The rich in Vietnam surprise the world
MOSCOW - Russian President Vladimir Putin earned about $151,000 in 2014, less than many others in the presidential administration, according to details of his income declaration published by the Kremlin on Wednesday. Putin's wealth has long been the focus of speculation by opponents who portray him as one of the richest men in the world, allegations he has dismissed. Putin declared ownership of three Russian cars, a trailer, some land, an apartment and a garage. His earnings of 7.65 million roubles compared to about 3.6 million roubles in 2013, which was around $100,000 at the exchange rate a year ago. The Kremlin did not say how much of the 2014 income was made up by Putin's salary, which is not public knowledge, but was raised a year ago. His income declaration has in the past included a KGB pension and interest from bank deposits. Putin earned much less last year than Barack Obama, who was paid $400,000 for his position as U.S. president and had additional income from book … [Read more...] about Putin earns less than many in the Kremlin, documents show
VietNamNet Bridge - Vietnam has one of the the lowest unemployment rates in the world, but it is also ranked as having one of the lowest labor productivity rates.Ministry of Labor, War Invalids and Social Affairs' (MOLISA) as reporting that 871,800 laborers were unemployed in the second quarter of 2014, a decrease of 174,000 from the first quarter. … [Read more...] about Vietnam’s productivity rate remains lowest in the world
The number of super-rich individuals with a net worth of at least US$30 million will grow faster in Vietnam than in any other country over the next decade, real estate services provider Knight Frank has said. The UK-based firm said in a recent forecast that the number of ultra-high-net-worth individuals would increase by 166 percent in the country to 293 in 2023. Indonesia is expected to rank second with a growth of 144 percent, followed by Ivory Coast and Kazakhstan with 116 and 109 percent. Knight Frank expects Asian cities to see the fastest growth in the number of ultra-wealthy individuals over the next decade. Ho Chi Minh City, Vietnam's largest urban hub, would head the list with the number rising by 173 percent to 246, it said. The government's recent move to allow foreign investors to own larger stakes in local banks, the ongoing restructuring of the economy by shifting from agriculture to industry, and success in bringing inflation under control should help underpin … [Read more...] about Vietnam wealthy population to grow fastest in the world: forecast