The new economic powerhouses...
NEW YORK: The number of billionaires in China and India nearly doubled in the last year, pushing Japan from Asia's top spot for the first time in 20 years, according to Forbes Magazine's latest rich list.
"It was a sizzling year in Asia. Both India and China saw huge gains," said Forbes Associate Editor Luisa Kroll, who oversaw the report.
"After a 20-year reign at the top, Japan is no longer in Asia's top spot."