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Thursday, March 8, 2012

505 million: Chinese Internet user base. This amounts to 37.7% internet penetration
Renren Better known as China's Facebook, this social networking site was founded by Wang Xing, Wang Huiwen and Lai Binqiang in 2005 Market Cap: $2.11billion
Baidu A Google clone. Established in 2000 by Robin Li and Eric Xu, it's China's No. 1 search engine. Founder Robin Li is said to be the richest man in China Market Cap: $48billion

Sina Weibo, China's answer to Twitter set up by Charles Chao, who sensed an opportunity after Beijing shut down non-China based microblogging sites in 2009 Market Cap: $4.2billion

Alibaba Founded by Jack Ma, Alibaba is one of China's largest Internet groups. Its businesses: alibaba. com, etao, Tmall, TaoBao, Alipay and China Yahoo! Market Cap:$40billion

Youku Translated into 'excellent' or 'cool', this Youtube clone founded by Victor Koo in 2006. It is China's No. 1 Internet video company Market Cap: $2.41billion

Tencent Founded by Ma Huateng and Zhang Zhidong in 1998, it owns China's biggest portal. Tencent, Alibaba and Baidu together constitute the TAB triumvirate Market Cap: $44billion

Wednesday, March 7, 2012


The internet  has created so me of the world's youngest billionaires, possibly in the shortest possible time scale, ever.


The richest are Sergey Brin and Larry Page, the pair who set up Google in the late 1990s. They went from PhD students to (paper) billionaires in about five years.
The youngest is 25-year-old Mark Zuckerberg, founder of social networking site Facebook, who has returned to the billionaire list in 2010 after dropping out in 2009 amid the economic downturn.
As part of SuperPower - a season of programmes exploring the power of the internet - BBC News lists the top 26 richest internet entrepreneurs according to the latest Forbes ranking, released this week.




INTERNET BILLIONAIRES: The table can be re-ordered by clicking on any of the column headings
NameAgeCommentWorth (billions of US $)WebsiteNationali

skoll portrait Jeffrey Skoll
45Ebay's first president and full-time employee. Now a film producer2.4ebay logoCanada
cheriton portraitDavid Cheriton58Stanford professor who introduced Google's co founders to each other1.6google logoCanada
yuzhu portraitShi Yuzhu47Founder of Giant Interactive, one of China's most successful online game companies1.6giant interactive logoChina
huateng portraitMa Huateng38Runs China's most popular online chat service3.6tencent logoChina
li portraitRobin Li41Co-founded China's most popular search site Baidu3.5baidu logoChina
ding portraitWilliam Ding38Founded China's no.2 online game company. Once China's richest man2.2netease logoChina
ma portraitJack Ma45Founder, chairman and chief executive of internet business Alibaba1.2alibaba logoChina
bechtolsheim portraitAndreas von Bechtolsheim54His initial $100,000 stake in Google made him a billionaire2.0google logoGermany
son portraitMasayoshi Son52Controls Japanese internet and telecom firm SoftBank5.9softbank logoJapan
mikitani portraitHiroshi Mikitani45Runs Japan's leading online shopping mall4.8rakuten logoJapan
tanaka portraitYoshikazu Tanaka33Founded the second most popular social networking site in Japan - Gree1.4gree logoJapan
cuban portraitMark Cuban51Former bar tender who sold internet video website to Yahoo for 5.7bn2.4broadcast.com logoUS
omidyar portraitPierre Omidyar42French-born immigrant launched online auction site in 19955.2ebay logoUS
brin portraitSergey Brin36Co-founded Google17.5google logoUS
bezos portraitJeff Bezos46Founded Amazon in a Seattle garage12.3amazon logoUS
schwab portraitCharles Schwab72Brought online investing to the masses4.7schwab logoUS
zuckerberg portraitMark Zuckerberg25Founded Facebook in early 2004 while at Harvard university4.0facebook logoUS
schmidt portraitEric Schmidt54Google's grown-up chief executive6.3google logoUS
filo portraitDavid Filo43Met Yahoo co-founder Yang at Stanford University1.4yahoo logoUS
whitman portraitMargaret Whitman53Former eBay chief, now running for California govenor1.3ebay logoUS
yang portraitJerry Yang41Turned internet directory project into Yahoo portal1.3yahoo logoUS
benioff portraitMarc Benioff45Held posts at Oracle and Apple before launching Salesforce.com1.3salesforce.com logoUS
wagner portraitTodd Wagner49Co-founded broadcast.com with friend Mark Cuban1.2broadcast.com logoUS
thiel portraitPeter Thiel42The first outside investor in Facebook 2004. He also co-founded paypal1.2paypal logoUS
page portraitLarry Page37Co-founded Google17.5google logoUS
case portraitStephen Case51Former Pizza Hut store manager who co-founded AOL1.1aol logoUS