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Indian Tech Billionaire Tops Wealth-X List Of Asia's Wealthiest Entrepreneurs Under 40

SINGAPORE, May 10, 2015 /PRNewswire/ -- Arun Pudur, the owner and president of software firm Celframe, takes the title of Asia's wealthiest entrepreneur under the age of 40 with an estimated net worth of US$4 billion, according to a Wealth-X list released today.

Pudur, a 37-year-old native of Chennai, India, founded Celframe in 1998 after graduating from university, and the software firm now produces the world's second most popular word processor after Microsoft. Pudur also has assets tied up in diversified businesses in the fields of mining and real estate.

Nine of the self-made billionaires on the Wealth-X top 10 list amassed fortunes from the technology sector. The only exception is 35-year-old Zhang Bangxin from China, who made his wealth from tutoring services company TAL Education Group. Zhang's estimated net worth of US$2.2 billion puts him in the third spot on the list.

The youngest entrepreneur on the list is 32-year-old Leo Chen, who is the chairman and CEO of Jumei International Holding, one of China's largest online cosmetics retailers. Chen became a billionaire after Jumei's listing at the New York Stock Exchange in May 2014.

Below is the complete list of Asia's wealthiest entrepreneurs under 40:

Rank

Name

Age

Country

Net  Worth*

Primary Company

1

Arun Pudur**

37

India

4.0

Celframe

2

Zhou Yahui

38

China

2.2

Beijing Kunlun Tech

3

Zhang Bangxin

35

China

2.2

TAL Education Group

4

Yao Jinbo

39

China

2.2

58.com

5

He Zhitao

33

China

2.0

Hangzhou Liaison Interactive Information Technology

6

Naruatsu Baba

37

Japan

1.6

Colopl

7

Kenji Kasahara

39

Japan

1.5

Mixi

8

Yusaku Maezawa

37

Japan

1.3

Start Today

9

Pang Shengdong

38

China

1.2

Shanghai 2345 Network Holding Group

10

Leo Chen

32

China

1.1

Jumei International Holding

* in US$ billion

**Pudur ranked 10th on a Wealth-X list of the world's richest billionaires under 40 released in March 2015 that included Facebook co-founder Mark Zuckerberg and other technopreneurs. To view the global list, visit http://www.wealthx.com/articles/2015/wealth-x-reveals-the-worlds-top-10-richest-people-under-40

About Wealth-X

Wealth-X is the global authority on wealth intelligence, providing sales, marketing, strategy and compliance solutions to clients in the financial services, luxury, not-for-profit and education sectors. Its award-winning research and thought leadership are regularly cited by the world's media such as CNBC, Financial Times, Thomson Reuters and BBC. Wealth-X has more than 250 staff in 10 locations, including Singapore, London and New York.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/indian-tech-billionaire-tops-wealth-x-list-of-asias-wealthiest-entrepreneurs-under-40-300080671.html

SOURCE Wealth-X

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