Billionaire club shrinks Asia's rich hit by economic woes


SINGAPORE: Asia's richest people have been hit by the global economic crunch, with 14 names from the region dropping out of a US magazine's global list of billionaires, but some newcomers joined the exclusive club. 

Hong Kong's Li Ka-shing, who goes by the humble nickname “Superman,” kept his status as Asia's richest person with a net worth of US$7.8bil (RM29.6bil), down from US$10bil (RM38bil) last year, Forbes magazine said yesterday.  

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