Difficulty: Easy
Correct Answer: Hui Ka Yan
Explanation:
Introduction / Context:
Business and economy sections of general knowledge exams often ask about rankings such as richest individuals according to Forbes. These lists change over time, so questions usually mention a specific year or an indicative phrase like recent Forbes report. The name Hui Ka Yan appears in such contexts for Asia rankings in the later part of the last decade.
Given Data / Assumptions:
- The question references a Forbes report about the richest person in Asia.- Options include prominent business figures from India, Japan and China.- It is understood that the report refers to a period when Hui Ka Yan wealth peaked, around the year two thousand seventeen.
Concept / Approach:
To answer well, candidates need to connect names with regions and industries. Hui Ka Yan is the chairman of the Chinese real estate group Evergrande. During a certain period he topped the list of Asia richest individuals according to Forbes, overtaking several other billionaires. Remembering this association and the time window helps in eliminating other options like Azim Premji or Jack Ma for that particular Forbes reference.
Step-by-Step Solution:
- Step 1: Note that the question is about richest person in Asia, not richest in the world.- Step 2: Recall that Forbes reported Hui Ka Yan as the richest person in Asia after a sharp rise in the value of Evergrande shares.- Step 3: Compare this with the list of options. Azim Premji and Shiv Nadar are leading Indian billionaires; Tadashi Yanai is a Japanese retail magnate; Jack Ma is a Chinese technology entrepreneur.- Step 4: For the specific Forbes report that highlighted a new Asia richest person, Hui Ka Yan name stands out.- Step 5: Therefore select Hui Ka Yan as the correct answer.
Verification / Alternative check:
An alternative way to verify is to connect each business leader with his main company. Azim Premji is associated with Wipro, Shiv Nadar with HCL, Tadashi Yanai with Fast Retailing that owns Uniqlo, and Jack Ma with Alibaba. In contrast, Hui Ka Yan is linked with real estate giant Evergrande; at one point his net worth surged to place him on top of Forbes Asia list. Remembering Economic news headlines that mentioned him as Asia richest man confirms this choice.
Why Other Options Are Wrong:
Azim Premji has been among the richest Indians, but there was a period when he was not the richest person in Asia as per Forbes, and the question points to that specific ranking.Tadashi Yanai is a leading Japanese billionaire whose wealth fluctuates with his company performance, but he did not hold the top Asia position in the Forbes report implied here.Shiv Nadar is another major Indian technology billionaire but has not been cited as the richest person in Asia in the particular report in question.Jack Ma has been among the richest in Asia and the world, yet Forbes specifically highlighted Hui Ka Yan overtaking other Chinese tycoons during the real estate boom, so Jack Ma does not match this clue.
Common Pitfalls:
Candidates often confuse different rich lists such as world richest, Asia richest or India richest, and they may pick a name that fits one list but not the one actually asked. Another danger is relying on outdated memory because rankings change frequently. To avoid mistakes, aspirants should always link each question with the year and region mentioned, and periodically update their knowledge of major business rankings.
Final Answer:
According to the cited Forbes report, the richest person in Asia was Hui Ka Yan.
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