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3. Singapore has acknowledged Richard’s achievements as a model of successful entrepreneurs by awarding him the 2003 Phoenix Award. Phoenix Award Winner, 2003 Richard Tan, CEO

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13. Based on the number of years to reach 50 million users Radio 38 years Television 13 years Personal Computer 16 years Internet 4 years Adoption of the Internet

14. Took 25 years to earn US$1,000,000,000 Henry Ford

15. Took 12 years to earn US$ 1,000,000,000 Bill Gates

16. Took 3 years to earn US$ 1,000,000,000 Jeff Bezos is the founder and CEO of Amazon.com Books.

17. Peter Drucker ‘ Smart Investors are betting big bucks that Peter Drucker is right about the brilliant future of online adult education’ Forbes Global - May 15 2000 E - Learning

18. USA Today - 13 th June 2000 “ Prestigious business schools are coming under the threat of being put out of business by new trends of e-learning Havard Business School is the next likely victim…. The E-Learning market will grow from US$4 billion to US$15 billion worldwide. E – Learning

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