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China and India lead the race in creating new billionaires:
For the first time, Asia has overtaken The United States as the region with the most billionaires.
According to a report by UPS and auditing firm PwC, a new billionaire is created every three days in Asia.
While Asia lead in the number of billionaires, America still has the lead in total wealth. Europe is in third place in the number of billionaires.
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Technology continues to be the biggest creator of wealth. Jack Ma of Alibaba is the richest man in Asia.
Three quarters of the new billionaires in 2016 were for China and India.
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Asia has more billionaires, 3/4th new billionaires from China & India, than the US for the 1st time https://t.co/5XTlZm1ZK3 via @MailOnline— Jayaraj (@Sjayaraj1999) October 29, 2017