Carlos Slim tops the biggest ever Forbes rich list, Asians outdo Europeans
For the second year in a row, Mexican billionaire Carlos Slim Helu remains the richest person on the planet with a fortune of $74 billion. Carlos’ net worth increased more than any other billionaire compared with 2010. While Microsoft’s Bill Gates made it to second place with $56 billion, billionaire investor Warren Buffett made it to third place again with $50 billion. Forbes magazine is out with its 25th annual ranking of the richest people in the world, which has broken records in size and total net worth.
There are 1,210 billionaires on this year’s list, with a combined wealth of $4.5 trillion, up from $3.6 trillion in 2010. The list saw 214 newcomers this year, with 54 from China and 31 from Russia. While China has managed to double its number of 10-figure fortunes, Moscow has regained the title of world capital of billionaires.
A huge marked shift
While the United States still has the biggest share of the wealth (US $1.5 trillion), Forbes’ rich list has seen more than half of the new billionaires from China, India, Brazil and Russia. Asians have surpassed Europeans on Forbes’ 2011 billionaire list. There are more than 50 Indian billionaires on the list, and China has brought 115 billionaires to the list, up from 69 last year. Forbes Media Editor-in-Chief Steve Forbes said…
The big global story is not the individuals so much as what’s happening with the so-called BRICs (Brazil, Russia, India and China) and the Asia-Pacific region.
Forbes senior editor Luisa Kroll said that China has really set the tone this year. Asia for the first time has more billionaires than Europe.
In total, 55 Indian billionaires made it to Forbes’ Billionaires List 2011. Steel czar Lakshmi Mittal has outdone Reliance Industries’ Mukesh Ambani to grab the title of the world’s richest Indian on the Forbes’ new billionaires list. Laxmi Mittal took the sixth position on the list, with a net worth of $31.1 billion. On the other hand, Mukesh Ambani, with a net worth of $27 billion, sits at No. 9 on the list. From the tech industry, Wipro’s Azim Premji grabbed 36th position with a net worth of $16.8 billion. The top 10 richest Indians in the Forbes’ list include…
1. Laxmi Mittal – $31.1 billion
2. Mukesh Ambani – $27 billion
3. Aziz Premji – $16.8 billion
4. Shashi and Ravi Ruia – $15.8 billion
5. Savitri Jindal and family – $13.2 billion
6. Gautam Adani – $10 billion
7. Kumar Mangalam Birla – $9.2 billion
8. Anil Ambani – $8.8 billion
9. Sunil Mittal and family – $8.3 billion
10. Adi Godrej and family – $7.3 billion
Facebook has managed to get six names on the Forbes list, including Mark Zuckerberg, Moskovitz, Saverin, Parker, Thiel and Milner. With an estimated $13.5 billion, Zuckerberg picked the 52nd position with an estimated worth of $13.5 billion, up from $4 billion in 2010. Co-founder Dustin Moskovitz, the youngest billionaire on the Forbes list at 26, is worth $2.7 billion.
Moscow – The billionaire capital of the world
Russia alone gave the list 101 billionaires, with 79 of them residing in Moscow only. Thus, Moscow has become the billionaire capital of the world, with more billionaires than any other city in the world. One of the leading Russian billionaires is steel tycoon Vladimir Lisin, ranked 14th with an estimated personal wealth of $24 billion.
Top 10 richest people in the world