ASIA-PACIFIC India’s billionaires have seen their wealth swell more than their US counterparts in 2009 according to Forbes India rich list, in a further sign that the subcontinent is recovering faster than western economies.
The combined fortunes of India’s 100 richest have reached $276bn, well outstripping their Chinese peers’ $170bn, according to data compiled by Forbes magazine. Though the net worth of the 100 richest Americans has fallen by 18 per cent, they still amounted to the wealthiest national group with $775bn.
