Nishita Shah in Forbes’ next-generation billionaires list
Indian origin Nishita Shah, the managing director of Thailand’s diversified GP Group and Celebrity golfer Tiger Woods have made their way into the list of next generation billionaires compiled by the US business magazine ‘Forbes’.
Nishita Shah 28, and her family had earlier featured in the Forbes ‘Thailand’s 40 Richest People’ rankings with a net worth of USD 375 million.
Noting that the world’s current crop of billionaires have plenty of money but “not much youth”, the American magazine said that the average age of the 1,125 people on Forbes’ list of the world’s wealthiest is 61.
“It’s impossible to predict exactly who will replace them, but don’t bet against the following people. All are young, extraordinarily successful and have ambitious plans for the future,” the magazine said in an accompanying article published in its online edition.
Other names in the list are Elon Musk (37 years old), who is the co-founder of online payment processor PayPal, Kenji Kasahara (32 years), the creator of Japan’s leading portal Mixi, venture capitalist Roelof Botha (34 years), Chase Coleman (33 years), who runs Tiger Global fund, Michael and Xochi Birch, the founders of social networking site Bebo and Hollywood actor Tyler Perry (38 years).
On Tiger Woods, the magazine said that when the golf champion returns to the links from a knee injury “he will continue a financial rise that could crown him the first billionaire to make his money through sports.
“We predict it could happen as soon as 2011 because of Tiger’s lucrative endorsement deals,” the report added. (via)
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