Two from Singapore on global list of under-40 billionaires

Young and rich: Saverin and Ye Gang. — The Straits Times/ANN

The number of the rich under the age of 40 increased to 53, up seven from last year, with the average wealth reaching US$5.2bil (RM22bil), according to Hurun Report’s latest list of global 40 and under self-made billionaires.

Among these young billionaires, 20 are from the US and 19 from China, and the figure accounts for more than 70% of the world, and 18 billionaires are newcomers.