COMMENT
Editor - Emma Murray
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theworldorder
KK Chadha in Hong Kong, China
Sam Chambers in Dalian, China
Daria Chernova in Moscow, Russia
Dale Crisp in Brisbane, Australia
Dominic Ellis in Dubai, UAE
he new kids on the billionaire block are shaking up the ranks of
Joe Fonseca in Mumbai, India
Sharon Gill in Durban, South Africa
Nicola Jenvey in Durban, South Africa
Rainbow Nelson in Cartagena, Colombia
Neil Madden in Strasbourg, France
T
the super rich, and it is about time we all sat up and took notice.
Scores of ultra-wealthy entrepreneurs from developing
economies are muscling their way into Forbes Magazine’s
annual Top 100 rich list, capped by Mexican Carlos Slim, who
Perry Trunick, in Cleveland, USA has just been named the World’s Richest Man. The telecom tycoon’s
Ian Putzger in Toronto, Canada
fortune rose by USD18.5 billion last year to USD53.5 billion, and his
Martin Rushmere in Los Angeles, USA
Leo Ryan in Montreal, Canada
crowning marks the first time since 1994 that an American has not led
Mario Viattori in Genoa, Italy
the rankings, beating Microsoft founder Bill Gates (USD53 billion) into second place.
Richard Walsh in Brussels, Belgium
Slim is by no means a lone representative of the so-called developing countries, all taking
James Graham, Phil Hastings,
Felicity Landon, Giles Large,
advantage of the rapid pace of globalisation, as international investors pump cash into
Chris Lewis, Kevin Willmott,
cross-border stock markets backing corporations in Asia, Latin America, and the Middle East.
Clive Woodbridge Brazilian mining tycoon Eike Batista was the biggest Forbes 100 gainer, at number seven – he
Regular contributors:
boosted his wealth by USD19.5 billion to USD27 billion. China now has more billionaires than
Safety expert - Richard Krabbendam,
Rotterdam, Netherlands
any other country besides the USA with a total of 89 (including Hong Kong). The number of
Insurance expert - Rick Bridges, USA billionaires from Asian and Australasian nations has leapt from 130 to 234, with the net worth of
Legal expert - Paul Bugden, London, UK
the region’s super-rich doubling from USD357 billion to USD729 billion.
Publishing director - Peter Edwards
Meanwhile, the number of billionaires from Russia almost doubled from 32 to 62, and
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Turkey now has 28, up from 12. No surprises there, you might say, as a glance at our features on
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peter@heavyliftpfi.com
China (p95), Latin America (p49) or mining (p59) will reveal, but are there any lessons to be
General manager - Jane Finlay
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learnt? Ironically Asia, bouncing back so beautifully from the economic storm, is facing a costly
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jane@heavyliftpfi.com
brain drain. India alone was thought to be losing USD2 billion a year at the turn of the
Administration - Marianne Hayward millennium because of the emigration of computer experts to the USA, according to the United
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marianne@heavyliftpfi.com
Nations Development Programme, which produced a report on the issue. OK, so a number of
Subscriptions - Joe Hickey
world-class technological hubs, such as Bangalore in India or Kuala Lumpur in Malaysia, have
T: +44 1689 850484 emerged to take on the USA’s Silicon Valley and other centres in Europe and Japan. But the
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joe@heavyliftpfi.com
challenge for developing countries, the UN says, is to come up with strategies to keep some
Data management - Diane Hart
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professionals at home and encourage others to return.
Publishing executive - Luke King Never mind developing countries, it sounds like the sort of challenge we are all facing. Mark
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Harries at ALE told HLPFI this month (p30) that as his business took off, his worry was where to
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luke@heavyliftpfi.com
Publishing executive - Oliver Ward
find the 40 or so trained professionals he knew he would now need. Yes, there are excellent
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projects like Kuehne + Nagel’s university (p16), and of course, there are laudable in-house
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oliver@heavyliftpfi.com
training schemes. At HLPFI, we have even launched a recruitment section to seek out new talent
HLPFI awards
– not surprisingly, it is proving a success. But there is no denying that, as an industry, we are facing
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a serious skills gap, one that needs to be plugged quickly so that we can all be part of that new
Email:
awards@heavyliftpfi.com world wealth order. Carlos Slim, son of Lebanese immigrants and one time shopkeeper, knows
just what to do with a challenge. “When there is a crisis,” he told reporters, “that’s when some are
Executive director - Ian Matheson
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interested in getting out, and that’s when we are interested in getting in.” We look forward to
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ian@heavyliftpfi.com receiving your inspirational entries for the Training category of our HLPFI awards (p28).
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Emma Murray, Editor
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the editorial content, no responsibility will be accepted by
the publishers for any errors and/or omissions. Views
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are not necessarily those of the publishers. Services and
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logistics worldwide. The photo shows a transformer 13.1m x 4.2m x 4.48 m and weighing 293,300 kg, offloading at the port
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www.heavyliftpfi.com March/April 2010 5
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