06 October 2013 10:30 | By Alyssa Woo, xinmsn
Asia's top 10 multi-billionaires

We round up a list of the top 10 multi-billionaires in Asia, and see how the nouveau rich spend their money

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According to the wealth management unit of the Royal Bank of Canada, Asia is set to lead the world in the number of millionaires and their total wealth - in 2012 alone, there were 3.68M millionaires in Asia. In Singapore, 8.2% of the 5.4M population are millionaires.

The growth of the newly rich has been so exponential that being a millionaire is becoming more commonplace. In that light, we've decided to focus on the cream of the crop - the top 10 multi-billionaires in Asia. According to a 2013 Ultra Wealth Report done by UBS AG and Wealth-X, there are currently 386 billionaires in Asia who are set to surpass those in Europe and the U.S. by 2021 and 2032 respectively - could it one of the people on our list?

Does having a crazy amount of money translate into ostentatious displays of wealth? We round up a list of the top 10 richest billionaires in Asia, and see how they spend their money…

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