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What Asia's billionaires bought in 2015: from mansions to Monets

The region's wealthy is giving Russian oligarchs and Middle Eastern aristocrats a run for their money in the trophy-assets stakes

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Liu Yiqian bought Amedeo Modigliani's Nu Couche for US$170.4 million.

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Joseph Lau paid 48.6 million Swiss francs for a 12.03 carat blue diamond, the most ever spent on a jewel at auction.

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Jack Ma made the headlines when Alibaba disclosed that it was paying US$266 million to acquire The South China Morning Post newspaper in Hong Kong.

Hong Kong

ASIA is minting billionaires faster than anywhere else in the world, and this elite group is giving Russian oligarchs and Middle Eastern aristocrats a run for their money in the trophy-assets stakes.

Here are five of the region's billionaires and some of the purchases

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