Asia may be at a watershed in wealth creation. Instead of younger generations joining family businesses, there are indications that a western appreciation of entrepreneurs has become entrenched in the east. It is easy to see why. In China, for example, Jack Ma, founder of ecommerce company Alibaba and one of the wealthiest men in the country, is a household name. He is perhaps even more admired in his country than western counterparts such as Mark Zuckerberg, founder of Facebook, or Jeff Bezos, founder and chief executive of Amazon, are in theirs.
“There are almost 4.5bn people in Asia, so generalisations are dangerous, but advancements in technology and access to information as a result have changed things dramatically" says Tej Kohli (http://www.TejKohli.com), an Indian technology entrepreneur, billionaire and philanthropist. Tej Kohli points out that a large proportion of the population across Asia now have smartphones and are simply more aware of opportunities available elsewhere.