Aburizal Bakrie - Rich man from indonesian

Coordinating Minister for People’s Welfare, Aburizal Bakrie, along with his family was proclaimed as the richest man in Indonesia in 2007 by Forbes Asia magazine.

Ical, short for Aburizal, toppled the position of Sukanto Tanoto, Grup Raja Garuda Mas boss, as the richest man in the republic. Last year, Forbes placed Ical and his family at the sixth position.

Bakrie’s family is undergoing the mudflow case in Sidoarjo, East Java. Hot mud has been flowing from the concession area of PT Lapindo Brantas—the Bakries’ affiliated company. In line with Presidential Regulation No. 14/2007, Lapindo must pay compensation of around Rp3 trillion. This is excluding the US$40 million (around Rp360 billion) which has already been disbursed.

However, the Lapindo tragedy did not affect Bakrie’s family business. Bakrie’s companies are still ongoing . Forbes even reported that Ical and his family’s income rose four times from US$1.2 billion (around Rp11 trillion) in 2006 to US$5.4 billion (around Rp50 trillion).

The Bakries have business in infrastructure, mining, property and telecommunication sectors. The largest contribution to the wealth was the increase of PT Bumi Resources—his coal holding company’s—share price. “The company’s share price rose 600 percent,” Forbes reported.

The complete report of Forbes will be launched on December 24. The Bakries’ spokesperson, Lalu Mara Satriawangsa, asked that the issues not be made a big deal of in the Forbes’ report. “The Bakrie family has pioneered the business in 1942. The process also has the ups and downs,” she told Tempo via telephone in Jakarta yesterday (13/12).

The victims of the mudflow in Sidoarjo who still remain in the evacuation camps were surprised on hearing the news of Bakrie as the richest man in Indonesia. “If they are the richest, there shouldn’t be any more reasons to delay the compensation process,” said Sunarto, coordinator of the mud victims, in Pasar Baru Porong, Sidoarjo, yesterday. “What’s so difficult is for him to provide new land for us,” he said.


from : http://www.tempointeraktif.com/

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Zhou Zhengyi - Rich man from Hongkong

The richest man in Shanghai, Zhou Zhengyi, was sentenced to 16 years in prison. Zhou appealed on December 10 and claimed he wanted revenge according to a newspaper report. After the verdict, his sister stated he was a scapegoat.
Several media in Hong Kong revealed former Chinese leader Jiang Zemin’s oldest son, Jiang Mianheng, was involved in Zhou’s case. Human rights lawyer Zheng Enchong who’s been keeping a close eye on the case said in fact Jiang Zemin’s second son, Jiang Miankang, was also involved. According to Zheng, among the eight parcels of land that Zhou allegedly embezzled, two of them belong to Jiang’s two sons. Zhou was in fact the two brothers’ front man and they worked closely with one another.
On the days of Zhou’s trial (October 23) and judgment (November 30), the Hong Kong based Information Center for Human Rights & Democracy (ICHRD) released two news reports about Jiang Mianheng’s involvement in Zhou’s case. According to the Information Center, on May 26, 2003, the first time Zhou was arrested, the last person Zhou met with was Jiang Mianheng.
Later the Information Center released news that Jiang Mianheng and Zhou illegally borrowed 500 million yuan (US$68 million) from the Shanghai Agricultural Village Credit Union (currently Shanghai Agricultural Village Commercial Bank). The Shanghai municipal government ended up having to pay off the bad loan. Shanghai Union Investment Ltd., owned by Jiang Mianheng borrowed 240 million yuan of the bad loan.

Reports Are Consistent With Leaked Documents
Attorney Zheng Enchong said he believed the information releases by ICHRD were correct, “I saw what happened with my own eyes and what the Center said corresponds with a lot of what happened.” According to Zheng, after he was released from jail on June 5, he received more than 20 credible documents from residents in Shanghai including at least three retired high level officials and officials from the Shanghai Municipal General Office. These documents reported Jiang Zemin’s two sons were involved in Zhou’s case.
Zheng said Jiang Zemin’s political influence helped Zhou buy the eight parcels of land in Zhou’s name. Zhou only owns two of them. Jiang Mianheng owns one in the name of Shanghai Union Investment, Ltd. Jiang Miankang (Jiang Zemin’s second son) owns one in the name of the Shanghai Municipal Construction Committee. The rest of them belong to former Shanghai Party Chief Chen Liangjun, richest man in Hong Kong Li Jiacheng, and the Jing’an District Government.
“The Jiang family and Zhou work together as a criminal group. The Jiang family can’t borrow money in the name of government officials, they must make up titles. Zhou can borrow however much he wants in his name (being the richest man in Shanghai). Zhou is the real victim, a rubber stamp for Jiang’s political gangs to borrow money in Hong Kong,” said Zheng.”
According to the Information Center, Zhou and Jiang Mianheng are in debt. The 500 million yuan they borrowed illegally from the Shanghai Agricultural Village Credit Union became a bad loan and the Shanghai municipal government had to pay for it. Out of the 500 million yuan, 320 million yuan was for Zhou to remodel a non-performing real estate project and 180 million yuan was for Chen Liangyu to build two highways in Shanghai.
Based on a report from Qianshao Magazine, Zhou has borrowed at least 1 billion yuan (approximately US$135 million) from the banks- over 300 million from Bank of China, over 200 million from China Construction Bank, over 300 million from Industrial Bank Co. Ltd., and more from Bank of Communications, Agriculture Bank of China, and Industrial & Commercial Bank of China.

Central Government Stepped in
Zheng said, “Based on information I have, Zhou and Jiang had borrowed money from June to August 2003. On September 5, 2003, the central government commented on a report from the Bank of China ‘find out the details of how money was loaned to Zhou Zhengyi.’ After September, no more money was loaned to them.”
In 2004, Hu Jintao personally assigned the vice president of the Bank of China to go to Shanghai and strictly control loans made in Shanghai. This resulted in Chen Liangyu, at a Politburo meeting in July 2004, condemning Premier Wen Jiabao’s policy of using a macro economy regulation to weaken the economy in Shanghai.

from : http://chinaaid.org/

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Mukesh Ambani - Rich man from India

India's wealthiest businessman Mukesh Ambani has bought his wife a multimillion-dollar (euro) custom jet for her birthday, a newspaper reported Friday.
Ambani spent 2.42 billion rupees (US$59 million; €49 million) on an Airbus-319 corporate jet fitted with a plush bar with mood lighting, a master bedroom, showers and a state-of-the-art entertainment cabin.
The jet rolled into Mumbai's airport in time for his wife Nita's 44th birthday on Thursday, the Mumbai Mirror newspaper reported, citing unidentified individuals.
Ambani is the chairman of Reliance Industries, a diversified Indian business conglomerate. His wife runs a top school in suburban Mumbai and heads a host of charitable trusts.
A Reliance company spokesman said he was not authorized to confirm the news report.
According to the paper the jet has a separate cabin for business — fully equipped with wireless and satellite communications systems — and another entertainment cabin with games, music and movies.
Reliance Industries is largely focused on petroleum and petrochemicals.

from : http://www.iht.com/

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Shigeru Miyamoto - Rich man from Japan

The real world is beginning to slowly accept the fact that the videogames culture is both profitable and relevant. One of the most important signs came about a week ago, when TIME conducted its poll to name the Most Influential Person of the Year. That person is Shigeru Miyamoto, the legendary game designer that works for Nintendo. Another sign is the person that tops the list of the wealthiest people in
Japan, as compiled by Forbes.

The man that tops the Forbes classification, which relies on public financial data and limited disclosures from various audit firms, is Hiroshi Yamauchi, the man that used to be the president of Nintendo, now retired both from his business position and from the public eye. His net worth has gone up by about 3 billion dollars last year, which was enough to beat former number one, Akira Mori, a property developer, to the number one spot on the Forbes list, as Akira only gained 2.2 billion dollars in the same period. The former president of a company that creates mainly consoles, handhelds and games for the above has risen to become the wealthiest man in all of Japan, a society that values videogames, their culture and the people that stand behind them. It must be a sign of new times.

No points will be awarded for the people that guess which is the main reason for the sudden wealth gain of Mister Hiroshi Yamauchi. Yes, it's the same now apparently ubiquitous Nintendo Wii console, which has taken the gaming world and the real world by storm in the last months, making Nintendo a very profitable company, while making its top managers extremely rich in the process. Creating a few big game hits, like the Wii Fit, also doesn't hurt one bit.

Forbes states that the 40 wealthiest people in Japan are now worth about 89.9 billion dollars together, a rise of more than 10 billion from last year. Six people on the list, Mr. Hiroshi Yamauchi included, added more than $1 billion apiece to their fortunes.


from : http://news.softpedia.com/

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