25 most powerful businesspeople in Asia

In 2008 CapitaLand CEO Liew Mun Leong cut his own pay 20% to preserve jobs at the Singapore-based real estate company. The move garnered considerable publicity in Asia but also earned Liew the respect of his employees. CapitaLand, whose portfolio includes residential and business properties in Asia, Australia, and Europe, last year posted revenue of $2.5 billion, up almost 15%. Liew comes from humble beginnings: As a child he shared a one-bedroom apartment with seven other family members. These days, however, he's thinking big, with plans to expand his 20-country empire in fast-growing cities. Next up? New shopping malls in Malaysia, China, and Singapore.

-- M.F.

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