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Asav Patel

New Forbes Billionaires 2010

Forbes 2010 the list of new billionaires have been published and the following are the new Forbes Billionaires of the year 2010.

01) Horst Paulmann & Family – US $ 5 Billion

Chile

Retail

Richest newcomer. In 1978 established $11 billion (sales) Cencosud, one of Chile's and Latin America's largest retail conglomerates, owner of malls, supermarkets, department stores and home centers, an insurance brokerage, family entertainment centers and a travel agency; took it public in 2001. Company planning on building the region's tallest building in Santiago.

02) Keiichiro Takahara – US $ 2 Billion -

Japan

Consumer goods

Chairman and founder of Unicharm, maker of diapers, sanitary napkins and other personal-care goods. Son Takahisa is group's chief executive, boosting pet food business to offset slowing sales of main products in aging Japan. Moving into other parts of Asia.

03) Li Shufu – US $ 1.8 Billion -

China

Cars

Runs Chinese automaker Geely, which announced plans to buy Swedish brand Volvo from Ford in December. Deal expected to close by end of March 2010. Farmer's son, opened photo studio, later made refrigerator parts. In 1990s turned ailing state-run motorcycle manufacturer into one of China's best-known brands.

04) Isac Perlmutter – US $ 1.6 Billion -

U.S.

Marvel

Marvel chief sold his superhero comics outfit (including Spider-Man, the Hulk, X-Men) to Disney for $4 billion in December. Netted nearly $900 million in cash, more than 20 million shares of Disney and gets to keep his day job running Marvel. Fought in Israel's 1967 Six-Day War; soon after moved to the U.S. with $250. Briefly presided over Jewish funerals in Brooklyn. Switched to retail; his company Toy Biz bought bankrupt Marvel in 1993.

05) Kelcy Warren – US $ 1.5 Billion

U.S.

Pipelines

Spent summers working with dad as welder's assistant on a pipeline. Cofounded natural-gas pipeline firm Energy Transfer in 1995 and bought up struggling gas assets. Today company operates more than 17,500 miles of pipelines in 10 states.

06) Yoshikazu Tanaka – US $ 1.4 Billion

Japan

Social networking

At 33, world's second-youngest self-made billionaire, behind Facebook's Mark Zuckerberg. Tanaka also made his billions from social networking. His Gree, which lets millions of subscribers play games on their mobile phones, makes money selling virtual clothes and accessories for online avatars.

07) Low Tuck Kwong – US $ 1.2 Billion

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Indonesia

Mining

Moved to Indonesia from his native Singapore in 1972 for better opportunities. Thrived as a building contractor but hit the jackpot after moving into coal mining. Bought first mine in 1997. After a failed effort to sell out, took his Bayan Resources public in 2008. Animal lover rehabilitates orangutans for reintroduction into the wild.

08) Shahid Balwa – US $ 1 Billion

India

Real estate

College dropout, his family migrated to Mumbai from Gujarat to start a restaurant business. Moved into hotels, ending up partnering with Vinod Goenka, also a new billionaire, in DB Realty and in telecom outfit DB Etisalat. Their real estate firm currently has 60 million square feet under development.

09) Mian Mahammad Mansha – US $ 1 Billion

Pakistan

Banking, textiles

Pakistan's first billionaire took over his family's business in West Pakistan decades ago, splitting company with his uncles. His Nishat Group is now Pakistan's largest exporter of cotton clothing (for brands like Gap) and nation's largest private employer. Sold more than half of his Muslim Commercial Bank shares for $900 million May 2008.

10) Wei Ing-Chou – US $ 1 Billion

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Taiwan

Food

Chairman of Tingyi, one of China's fastest-growing beverage companies and also a leader in flavored instant noodles. He and three brothers all make their debuts.

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