Notable Newcomers of the Billionaires Club 2013

10. Koh Wee Meng
Net worth: $1.4 billion
Country: Singapore
Source of wealth: Real Estate

As Koh Wee Meng’s Singapore based Fragrance Group pitched high revenues over the past year, he made his debut in the billionaire club with a net worth of $1.4 billion. He twisted off Fragrance's hotel wing into Global Premium Hotels, recording the budget hotel chain last April and is now also getting higher into commercial real estate.

11. Silvio Santos
Net worth: $1.3 billion
Country: Brazil
Source of wealth: Television

His Grupo Silvio Santos wheels more than 30 companies and reported annual sales of $2 billion which helped the company owner Silvio Santos to join the club with net worth of $1.3 billion. He is one of the most recognizable entrepreneurs and Television personalities.

12. Ranjan Pai
Net worth: $1.3 billion
Country: India
Source of wealth: Education

Manipal is the first privately owned medical school started by RanjanPai’s grandfather in Manipal, Karnataka. Today Ranjan Pai leads the Manipal Education & Medical Group. And with a estimated net worth of $1.3 billion Ranjan Pai is the new member of the billionaire club 2013.

Also Read:
7 Companies You Love To Hate
10 Money Management Mistakes to Avoid