Top 10 World Richest Man

Top 10 Richest person in the world

introduces
Top 10 Richest people/person in the world 2011 and The New List of 2011 Richest person in the world

No.1 _Carlos Slim Helu:

• Telecom, Mexico
• $53.5 billion.
• Business - Communications
• Country – Mexico
• Status - Widowed, 6 children
• Telecom tycoon who pounced on privatization of Mexico’s national telephone company in the 1990s becomes world’s richest person for first time after coming in third place last year. Net worth up $18.5 billion in a year. Recently received regulatory approval to merge his fixed-line assets into American Movil, Latin America’s biggest mobile phone company.

Carlos Slim Helú (born January 28, 1940 in Mexico City) is Latin America's richest man (and #2 in the world) according to Forbes. His wealth comes from his businesses in the communications industry, Teléfonos de México, Altria Group (Previously Philip Morris, Director), Telcel and América Móvil telecommunication companies. Though he maintains an active involvement in his companies, his three sons Carlos, Marco Antonio and Patrick Slim Domit head them.

His father was Julián Slim Haddad
(Yusef Salim Haddad), a Lebanese Maronite Christian, who as a teenager fled to Mexico in 1902, escaping the harsh military rule of the Ottoman Turks. His father and two of his older brothers arrived at the Mexican port of Tampico, making their way to Mexico City.



In 1911, Julian established a dry goods store called La Estrella del Oriente and took a gamble and bought up some prime real estate in the city core - a shrewd move, as it turned out.
Slim Haddad married Linda Helu, daughter of another prosperous Lebanese merchant, and had six children. Carlos Slim Helu was the fifth of the six children. Carlos credits his father as his mentor in business, retailing and finance. Julian Slim Haddad died in 1952, leaving his family a moderately prosperous economic base from which Carlos launched his successful financial career

No.2 _Bill Gates:

• Microsoft, U.S.
• Fortune - 53 Billion
• Business - Microsoft
• Country - USA
• Status -Married, 3 children
• Software visionary is now the world’s second-richest man. Net worth still up $13 billion in a year as Microsoft shares rose 50% in 12 months, value of investment vehicle Cascade swelled. More than 60% of fortune held outside Microsoft; investments include Four Seasons hotels, Televisa, Auto Nation. Stepped down from day-to-day duties at Microsoft in 2008 to focus on philanthropy.

William Henry "Bill" Gates III (born October 28, 1955) is the co-founder, chairman, and chief software architect of Microsoft Corporation, the world's largest computer software company. According to Forbes magazine, Gates is the world's wealthiest person, with a net worth of approximately US$58 billion, as of 2008.

Gates is one of the best-known entre-preneurs of the personal computer revolution and has become an iconic figure of late-20th century capitalism. While widely respected for his intelligence, foresight, and ambition, he is also sometimes accused of using ruthless, illegal or monopolistic business practices.


Since amassing his fortune, Gates has pursued a number of philanthropic endeavours, donating huge amounts of money to various charitable organizations and scientific research programs through the Bill & Melinda Gates Foundation, founded in 2000. He, along with his wife Melinda Gates and U2's lead singer Bono, were named by Time as the 2005 Persons of the Year. That same year he was given the honour of Knight Commander of the British Empire by Queen Elizabeth II.

No.3 _Warren Buffett:

• Investments, U.S.
• $47 billion 
• Fortune - 47 Billion
• Business - Investments
• Country - USA
• Status - Widowed, remarried, 3 children
• America’s favorite investor up $10 billion in past 12 months on surging Berkshire Hathaway shares; says U.S. has survived economic “Pearl Harbor,” but warns recovery will be slow. Shrewdly invested $5 billion in Goldman Sachs and $3 billion in General Electric amid 2008 market collapse. Recently acquired railroad giant Burlington Northern Santa Fe for $26 billion.

Warren Edward Buffett (born August 30, 1930) is a wealthy American investor and businessman. Nicknamed the "Oracle of Omaha", Buffett has amassed an enormous fortune from astute investments, particularly through his company Berkshire Hathaway, in which he holds a greater than 31% stake. With an estimated current net worth of $62 billion, he is ranked by Forbes as the richest person in the world, replacing Microsoft chairman Bill Gates from his top spot after 13 years.

After receiving the only A+ Benjamin Graham ever handed out to his security analysis class, Buffett wanted to work at Graham-Newman but was turned down. He went to work at his father's brokerage as a salesman. A stock he pushed was GEICO.

Buffett picked GEICO after noticing Graham was a director and had a large position in it. Never one to buy a stock on a whim, Buffett visited GEICO's head office on a weekend to investigate further.
He knocked until someone opened the door, he was led to the future president of GEICO. Buffett introduced himself as Graham's student and was given a crash course on the insurance business and what gave GEICO an enduring advantage over their competitors. Buffett was exposed to the economics of selling direct, the wonderful float GEICO produces, its low combined ratio and the likes

No.4 _Mukesh Ambani:

• Petrochemicals, oil and gas. India.
• $29 billion
• Fortune - 29 Billion
• Business - Manufacturing
• Country - India
• Status -Married, 3 children
• Global ambitions: His Reliance Industries, already India’s most valuable company, recently bid $2 billion for 65% stake in troubled Canadian oil sands outfit Value Creations. Firm’s $14.5 billion offer to buy bankrupt petrochemicals maker LyondellBasell was rejected. Since September company has sold Treasury shares worth $2 billion to be used for acquisitions. Late father, Dhirubhai, founded Reliance and built it into a massive conglomerate.

Mukesh Ambani is the chairman, managing director and the largest shareholder of Reliance Industries, India's largest private sector company and a Fortune 500 Company. His personal stake in Reliance Industries is 48%. His wealth is US$ 43 billion as of March 2007, making him the world's 5th richest person and the second richest person in India. Mukesh and younger brother Anil are sons of the late founder of Reliance Industries, Dhirubhai Ambani.
Mukesh holds a Bachelor of Chemical Engineering from the University of Mumbai Department of Chemical Technology (UDCT), which is now known as University of Mumbai, Institute of Chemical Technology (UICT). He began the MBA program at Stanford Business School, but failed to finish. He dropped out after his first year in order assist in father's ongoing efforts to build the Patalganga petrochemical plant.

Mukesh Ambani has set up the largest and most complex information and communications technology initiative in the world in the form of Reliance Infocomm Limited. Covering more than 1,100 towns and cities across India, Reliance Infocomm offers the full range of voice, data, video and value added services, on the strength of 80,000 kilometers of optic fibre-based terabit infrastructure, at the lowest entry cost and services cost anywhere in the world. However, Reliance Infocom now is under ADAG (Anil Dhirubhai Ambani Group) post the brothers' split


No.5 _Lakshmi Mittal:

• Steel, India
• $28.7 billion 
• Fortune - 28.7 Billion
• Business - Steel manufacturing
• Country - India
• Status - Married, 2 children
• London’s richest resident oversees ArcelorMittal, world’s largest steel maker. Net profits fell 75% in 2009. Mittal took 12% pay cut but improved outlook pushed stock up one-third in past year. Looking to expand in his native India; wants to build steel mills in Jharkhad and Orissa but has not received government approval. Earned $1.1 billion for selling his interest in a Kazakh refinery in December

Lakshmi Narayan Mittal (also known as Lakshmi Niwas Mittal) is a billionaire industrialist, born on 15 June 1950 in Sadulpur, in Churu district of Rajasthan, India, and currently residing in Kensington Palace Gardens, London, UK. He is currently the 5th richest man in the world according to Forbes Rich List, with a worth of $28.7 billion, and is the richest person in Britain. Lakshmi Mittal is also the richest man in the world who does not reside in the U.S. or carry U.S. Citizenship. He is a Citizen of India.
He is chairman and CEO of the Mittal Steel Company NV, which is the world's largest producer of steel. He was the Fortune European Businessman of the Year for 2004. In 2002 he was embroiled in a political scandal dubbed Mittalgate with British Prime Minister Tony Blair when it was felt that a donation Mittal had made to the United Kingdom Labour Party had led to Blair's intervention (a letter to the Romanian prime minister) in a business deal favouring Mittal. On July 13, 2005 it was announced that he had donated £2 million to the Labour Party.

He is the wealthiest person in Britain according to the Sunday Times Rich List 2005. His residence in Kensington, bought in 2003 for £70 million ($128 million) from Formula One car racing boss Bernie Ecclestone, is the most expensive house ever purchased. It is situated in an area known as Billionaire's Row, which is too exclusive for just millionaires. Many people know this residence as the "Taj Mittal". He paid over $60 million to host his daughter's wedding celebration in Versailles in 2004. It is now the most expensive wedding in the world.

No.6 _Lawrence Ellison:

• Oracle, U.S.
• $28 billion
• Fortune - 28 Billion
• Business - Software
• Country - USA
• Status - Married, 2 children
• Oracle founder’s fortune continues to soar; shares up 70% in past 12 months. Database giant has 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 in 1986.

Lawrence Joseph Ellison (born August 17, 1944) is the co-founder and CEO of Oracle Corporation, a major database software firm. Ellison was born in New York City to Florence Spellman, a 19-year-old unwed mother who later placed her nine-month old son for adoption to her distant relatives. Lillian and Louis Ellison took him into their home, a two-bedroom apartment located in a modest lower middle class Jewish neighborhood in South Chicago.

Ellison recalled to an interviewer that he had a warm and loving mother opposite to an austere and unsupportive father. At South Shore High School, he was a bright but inattentive student. At 15, he began a long-term relationship that lasted for five years and ended sorely - depending on whom is asked, he unsuccessfully proposed marriage either once or twice. He lasted until the end of his sophomore year at University of Illinois Urbana-Champaign but dropped out following Lillian's death. After a summer in Northen California, he returned home to study at the University of Chicago but left after one quarter. Ending his attempts to finish college, he set out for California.

In 1990, Oracle laid off 10 percent of the work force because of the mismatch between cash and revenues. The crisis which almost caused Oracle's bankruptcy came about because of the tactics used by Oracle's sales force. The salespeople subscribed to an 'up-front' sales strategy, in which they tried to incent customers to buy the biggest amounts of software all at once. However, the customers were delivered software that didn't work and promised "vapor ware" that didn't exist. Oracle had to restate earnings twice due to these tactics and the company would later settle class-action lawsuits that had been filed because of its flawed financial statements. Larry
Ellison would later say his company made "an incredible business mistake.


No.7 _Bernard Arnault:

• Luxury goods, France
• $27.5 billion
• Fortune - 27.5 Billion
• Business - Varied
• Country - France
• Status - Married, 5 children
• Bling is back, helping fashion icon grab title of richest European as shares of his luxury goods outfit LVMH–maker of Louis Vuitton, Moet & Chandon–surge 57%. LVMH is developing upscale Shanghai commercial property, L’Avenue Shanghai, with Macau billionaire Stanley Ho.

Bernard Arnault (born 5 March 1949) is a French businessman.

He is the 7th richest person in the world in March 2010 with a net worth of $27.5 billion US dollars, according to Forbes.

A native of Roubaix, Arnault owns 51% of LVMH (Louis Vuitton Moët Hennessy), which is also partly owned by Christian Dior. Arnault is the Chairman and CEO of both companies. He also owns Phillips, de Pury & Luxembourg, an art auction house.

As of March 2007, Arnault owns a 47.5% majority[2] of LVMH (Moët Hennessy Louis Vuitton), along with Christian Dior SA. Arnault is the Chairman and CEO of both companies.

His daughter Delphine Arnault is actively involved in the management of LVMH.

Arnault also owned the art auction house Phillips de Pury & Company from 1999 to 2003.


No.8 _Eike Batista:

• Mining, oil. Brazil.
• $27 billion
• Fortune - 27 Billion
• Business - Mining / Oil
• Country - Brazil
• Status - Divorced, 2 children
• Vowing to become world’s richest man–and he may be on his way. This year’s biggest gainer added $19.5 billion to his personal balance sheet. Son of Brazil’s revered former mining minister who presided over mining giantCompanhia Vale do Rio Doce got his start in gold trading and mining.

Eike Batista (born 1957 in Brazil) is the son of the former Brazilian mining minister. He has vowed to become the world's richest man and may well become just that having added $19.5 billion to his wealth in a single year!
He began his assault on dominating the world's rich list by trading in gold and mining before moving on to resources and other services.

Two-thirds of his fortune comes from relatively new source, OGX, the oil-and-gas exploration company he founded in 2007 and took public a year later.

H was a onetime champion offshore powerboat racer and was formerly married to a former Playboy cover girl, Luma de Oliveira.

Batista provided significant financing to Rio de Janeiro's Olympic committee, thereby helping the city win its bid for 2016 Olympic Games.


No.9 _Amancio Ortega:

• Fashion retail, Spain.
• $25 billion
• Fortune - 25 Billion
• Business - Apparel
• Country - Spain
• Status - Married, 3 children
• Style maven lords over Inditex; fashion firm, which operates under several brand names including Zara, Massimo Dutti and Stradivarius, has 4,500 stores in 73 countries including new spots in Mexico and Syria. Set up joint venture with Tata Group subsidiary to enter India in 2010. Betting on Florida real estate: bought Coral Gables office tower that is currently home to
• Bacardi USA.

Amancio Ortega Gaona (born March 28, 1936, Spain) is a fashion entrepreneur, Spain's richest man and in 2010 the 9th richest man in the world (Forbes) and the founder, with his then-wife Rosalia Mera, and chairman of the Inditex Group. He currently lives with his second wife in a discreet apartment building in the centre of A Coruña (Corunna).
Ortega arrived at La Coruña, Galicia, at age 14, due to the job of his father, railway worker.
Starting as a gofer in various shirt stores in A Coruña, Galicia, in 1963 he founded Confecciones Goa (his initials in reverse), which made bathrobes.

In 1975 he opened the first store in what would grow into the enormously popular chain of fashion stores called Zara. He is the majority shareholder of the Inditex group (Industrias de Diseño Textil Sociedad Anónima) which includes the brands Zara, Massimo Dutti, Oysho, Zara Home, Kiddy's Class, Tempe, Stradivarius, Pull and Bear/Often and Bershka and has more than 14,000 employees.

Ortega keeps a very low profile and there are practically no photographs of him (except from one photo published at the Inditex website). He refuses to wear a tie, and likes to dress in blue jeans. He is said to take a very active part in the production and design process in the company.


No.10 _Karl Albrecht:

• Supermarkets, Germany.
• $23.5 billion
• Fortune - 27 Billion
• Business - Retailing
• Country - Germany
• Status - Married, 2 children
• Owns discount supermarket giant Aldi Sud, one of Germany’s (and Europe’s) dominant grocers. Has 1,000 stores in U.S. across 29 states. Estimated sales: $37 billion. Plans to open New York City store this year. With younger brother, Theo, transformed mother’s corner grocery store into Aldi after World War II. Brothers split ownership in 1961; Karl took the stores in southern Germany, plus the rights to the brand in the U.K., Australia and the U.S. Theo got northern Germany and the rest of Europe.

Karl Hans Albrecht (born 1920 in Essen, Germany) is a German entrepreneur who founded the discount supermarket chain Aldi with his brother Theo.
His 6,500-store Aldi chain began as a single grocery in the Ruhr Valley run until the end of WWII by their mother. The formula: Customers would rather scuttle fancy decor and services in exchange for lower prices.

Despite a flagging retail sector, Aldi's total sales in 2002 reached $49 billion - still just a fifth the size of Wal-Mart's sales. The arrangement had Karl manage the southern, more profitable half of Germany, while younger Theo minded the north. Karl has since retired, leaving the company in the hands of nonfamily members. (His two children do not work at Aldi.) Both brothers fiercely guard their privacy, though now and again information emerges. Word is Karl raises orchids and enjoys a round of golf on his own 27-hole course.

He served in the German Army during World War II.