CITREON - C-Cross SUV (Same platform with Mitsubishi Outlander)

PEUGEOT - 4007 Holland & Holland Concept Car at Geneva Motors show

This is a Rebaged version of Mitsubishi Outlander.
Which one is looks better? I prefer Mitsubishi Outlander looks more than this one.

MITSUBISHI - OUTLANDER European version

European version debut at Europe. Not much different from Japanese version, for example: exterior changed on Front Grille, bumper minor change, and Interior changes is Left-Hand drive steering wheel position, Manual transimission gear knob, with optional Diesel engine only for Europe.

India surpasses Japan with largest number of Asian billionaires

NEW DELHI (AP) - India became home to the most billionaries in Asia, pushing Japan back to the No. 2 spot, according to Forbes magazine's 2007 rankings of the world's richest people.

Lakshmi N. Mittal, the London-based steel magnate who spearheaded the takeover of European steel maker Arcelor SA, was the richest Asian - and the world's fifth-wealthiest - with a net worth estimated at US$32 billion, the magazine said.

India added 14 new billionaires since last year to bring its total on the list to 36 with a combined wealth of US$191 billion, Forbes said, contrasting sharply with the 400 million Indians who still live on less than a dollar a day.

Japan's 24 billionaires had an estimated combined net worth US$64 billion, according to the list, while Hong Kong came in the third spot with 21 billionaires, and China was fourth with 20.

Globally, the number billionaires reached a record 946, Forbes said.

The rankings underscored how China's and India's rapid economic growth are altering the balance among the world's wealthiest men and women.

The rich in the world's two most populous cashed in on nearly every opportunity created last year by their increasingly globalized economies, from a boom in stock markets to soaring commodity and real estate prices, the magazine said.

The United States may still have 44 percent of the world's total billionaires, but many of them are dropping through the ranks and are being overtaken by business tycoons from Asia and other emerging economies, including Russia and Mexico, the Forbes' list showed. Only five Americans were in the top 20 that included three Indians.

Hong Kong-based business tycoon Li Ka-shing was Asia's second-wealthiest and ninth overall with net worth of US$23 billion., the list showed.

Ranking second and third among Indians were the brothers Mukesh Ambani and Anil Ambani, who split their father's business after months of feuding in 2005.

Mukesh Ambani, whose Reliance Industries is largely focused on petroleum and petrochemicals, was No. 14 with wealth totaling US$20.1 billion.

His brother Anil, whose diversified business interests include telecommunications, power generation and finance, ranked 18 with an estimated net worth of US$18.2 billion.

The methodology of the rankings remains similar to the practice Forbes followed in previous years.

The worth of an individual's holdings in public companies was based on the Feb. 9 closing stock price, and the value of private companies was estimated by evaluating comparable public firms in the industry and by consulting with experts in the field. - AP

Source: The Star

Syed Mokhtar joins billionaires’ club?

PETALING JAYA: Tan Sri Syed Mokhtar Al-Bukhary has become the latest Malaysian to join the ranks of world's richest, according to the Forbes 2007 list of US dollar billionaires.

The inclusion of the 55-year-old, who made his fortune in the rice and sugar trade, increased the number of Malaysians in the list to nine from eight last year.

He was ranked as the eighth richest Malaysian and 754th in the world.

Tan Sri Robert Kuok, 83, retained his position as the country's wealthiest man with an estimated net worth of US$7bil (RM24.5bil) and even managed to move up 10 places to 104th on the list from 114 last year.

Kuok's sprawling business empire includes the South China Morning Post newspaper, the Shangri-La Hotel chain and real estate company Kerry Properties.

Malaysia's second richest man Tan Sri Ananda Krishnan moved up 28 places from his position last year to take 119th spot on the Forbes list.

Ananda, 68, who controls, among others, Maxis Communications Bhd and Astro, is estimated to have a net worth of US$6bil (RM21bil).

The other Malaysians in the list are Genting Bhd's Tan Sri Lim Goh Tong (ranked at 204), Public Bank Bhd's Tan Sri Teh Hong Piow (287), Hong Leong Group's Tan Sri Quek Leng Chan (314), plantation giant IOI group of companies' Tan Sri Lee Shin Cheng (349), YTL group's Tan Sri Yeoh Tiong Lay and family (583) and Sibu-based timber tycoon Tan Sri Tiong Hiew King (840).

For the first time in 20 years, India with 36 billionaires overtook Japan, which had 24, with Lakshmi Mittal holding on to the title as the richest man in Asia.

Asia produced more new billionaires than any other region in the world except Europe.

Bill Gates remained the richest man on earth for the 13th consecutive year, with a net worth of $56bil (RM196bil).

Source: The Star