“Crazy Rich Asians”? Southeast Asia's Billionaires and Their Business Empires in the Age of China's Rise
Monday, February 24, 202012:00 PM - 1:30 PM (Pacific)
Encina Hall, Third Floor, Central, C330
616 Jane Stanford Way, Stanford, CA 94305
The hit movie Crazy Rich Asians shone a light on the extreme wealth of Southeast Asia's ethnically Chinese ultra-wealthy, who have long topped billionaire rankings and dominated stock-markets around the region. Sometimes dubbed “the Asian godfathers,” these successful tycoons are famed both their sharp commercial savvy and their association with chronic crony capitalism. In this talk, however, author James Crabtree will suggest that role of the region's mega-wealthy industrialists is now changing in interesting ways, notably due to the economic rise of China itself, which presents major business opportunities but also tricky political challenges for Southeast Asia's commercial titans.