Top 10 Richest Person in the world 2011 – Updated List
In the 25th year of Tracking Global Wealth has done the fantastic job which one has to remember.This year’s 2011 Billionaires List breaks two records that was quite amazing.BRICs led the way: Brazil, Russia, India and China produced 108 of the 214 new names.In the pas few decades U.S. had ever produced more than 100 billionaires. Including in all of these countries China now has 115 and Russia 101.
Here’s the list of Top 10 Richest Person in the World 2011:
- Carlos Slim Helu
- Bill Gates
- Warren Buffett
- Bernard Arnault
- Lawrence Ellison
- Lakshmi Mittal
- Amancio Ortega
- Eike Batista
- Mukesh Ambani
- Christy Walton and family
Here’s the Brief Descriptions of All of these Amazing People:
1- Carlos Slim Helu:
Carlos Slim Helu has hit for the second time in a row with the name of telecom tycoon as the Mexican telecom mogul is also the year’s biggest gainer.Carlos Slim Helu has now worth of $74 billion. He also merged his fixed-line telecom company into America Movil, Latin America’s largest wireless carrier; the Slim family stake in that holding accounts for 62% of his net worth.He had rewarded with this honour by the beating the Microsoft co-founder Bill Gates with the help of added $20.5 billion to his fortune.
2- William Bill Gates:
The founder of Microsoft has net worth up to $13 billion a year on his Microsoft share rose 50% in 12 months. He also has investments that include Four Seasons hotels, Televisa, Auto Nation.His total net worth is almost $56 billion. Gates holds 70% of his wealth in investment fund Cascade, dabbling in everything from autos to hedge funds to Mexican Coke bottler Femsa; the rest of his wealth is held in Microsoft stock. He is no longer the planet’s richest person, but that’s because he’s given away $30 billion to his foundation.
3 – Warren Buffett:
The outstanding venerable investor from Berkshire Hathaway has increased 15% over the last year adding $3 billion to his fortune.He is the favorite Favorite’s investor up to $10 billionon past 12 months on surging Berkshire Hathway shares.Has net worth of $50 billion increased from $47 billion. He met value investor Benjamin Graham at Columbia; bought textile firm Berkshire Hathaway 1965, and transformed it into massive holding company: food,insurance, utilities, industrials. Buffett acquired railroad giant Burlington
Northern Santa Fe for $26 billion in 2009.
4 – Bernard Arnault:
Bernard Arnault easily got the title of richest European. He is also reknown for “The Lord of Luxe”. Bernard Arnault has the net worth of $41 billion. Fortune surged by $13.5 billion as shares of his luxury good outfit, LVMH, rose by more than half over the past year thanks to strong demand for luxuries like Dom Perignon champagne, Cognac Hennessy, Tag Heuer watches and Louis Vuitton accessories, particularly in Asian markets like Shanghai and Ho Chi Minh City. LVMH is developing upscale Shanghai commercial property, L’Avenue Shanghai, with Macau billionaire Stanley Ho.ion
5 – Larry Ellison:
Larry Ellison, the chief of oracle has a fortune that is $11.5 billion bigger than last year by the help of 30% jump in the software company’s shares. In November Oracle won a mud-slinging copyright infringement court battle against German software rival SAP worth $1.3 billion. Larry Ellison has the net worth of $39.5 billion. Database giant bought 57 companies in the past five years. Completed $7.4 billion buyout of Sun Microsystems in January;acquired BEA Systems for $8.5 billion in 2008. Studied physics at U. of Chicago; didn’t graduate. Started Oracle 1977; took public a day before Microsoft in1986.
6 – Lakshmi Mittal:
The World’s Largest Steel-Maker, Lakshmi Mittal is on the sixth position this year among the world richest persons.Lakshmi Mittal has the net worth of $31.1 billion up from $28.7 billion it’s means he had increased his net worth by $2.9 billion in 2010 due to recovery in steel demand and higher margins.
7 – Amancio Ortega:
The Chairman of Inditex, Amancio Ortega has net worth of $31 billion up from $25.0 billion had increased $6 billion in a year.He has the company, which operates under several brand names including Zara, Massimo Dutti and Stradivarius, has 5,000 stores in 77 countries.
8 – Eike Batista:
The man who is the most richest man in Brazil, Eike Batista gearing up to take over the world.Eike Batista has the net worth of $30 billion up from $27.0 billion (increased by $4 billion). Mining and Oil become the source of Eike Batista around the globe.
9 – Mukesh Ambani:
Mukesh Ambani is among the most popular person in the India and also around the globe. Mukesh Ambani is running India’s most valuable company, oil and gas conglomerate Reliance Industries.He is also known as the king of Petrochemicals, Oil & Gas in India.Living in the most popular city of India, Mumbai.He had just forged a partnership with BP, selling 30% stake in 23 oil blocks in India for $7.2 billion and forming a marketing joint venture. Mukesh Ambani has the net worth of $27 billion down from $29.0 billion (decreased by $2 billion). As like one of the champions in the world, Mukesh Ambani will also trying to increase his worth next year by making new efforts of his life.
10 – Christy Walton and family:
Christy Walton is the widow of John Walton inherited her wealth after the former Green Beret and Vietnam war medic died in an airplane accident near his home Wyoming 2005. Christy Walton and family has the net worth of $26.5 billion up from $22.5 billion. Christy Walton is increasing her worth by the increase of popularity and income of walmart.
Check out the here the new list of richest persons in the world.