Next-gen billionaires

·         On August 20, 2008 golfer Tiger Woods and India-origin Nishita Shah, MD of diversified GP Group in Thailand, made their way into the list of next generation billionaires compiled by 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 $375 million.

·         The average age of the 1,125 persons on Forbes’ list of the world’s wealthiest is 61.

·         Other names in the list are :

o        Elon Musk (37), co-founder of online payment processor PayPal;

o        Kenji Kasahara (32), creator of Japan’s leading portal Mixi;

o        venture capitalist Roelof Botha (34); Chase Coleman (33), who runs Tiger Global fund;

o        Michael and Xochi Birch, founders of social networking site Bebo and Hollywood actor Tyler Perry (38).