Asian Godfathers

The author of How Asia Works follows the money. ';Alarming... enlightening... Joe Studwell should be named chief myth buster for Asian business' (Financial Times). Hong Kong and Southeast Asia are home to five hundred million people, yet their economies are dominated by only fifty families whose interests range from banking to real estate, shipping to sugar, gambling to lumber. At their peak, eight of the world's two dozen richest men were Southeast Asian, but their names would not be familiar to most regular readers ofThe Wall Street Journal. A complex mythology surrounds these billionaires, but inAsian Godfathers, Joe Studwell finds that the facts are even more remarkable than the myths. Studwell has spent fifteen years as a reporter in the region, and he marshals his unprecedented sources to paint intimate and revealing portraits of the men who control Southeast Asia. Studwell also provides us with a rich and deep understanding of the broader historic, economic, and political influences that have shaped Southeast Asia over the past 150 years. Asian Godfathersis a riveting and illuminating book that lifts the curtain on a world of staggering secrecy and hypocrisy, and revealsfor the first timewho the leaders of one of the planet's most important and tumultuous markets really are, why they got to the top, and how they keep themselves there. ';The romp around the region's pleasure domes is a blast.' The Wall Street Journal (Asia)