Saturday, April 10, 2010

World's Top 10 richest man in 2010

The world's top 10 richest man in 2010
(11-04-2010, Time-07:21)
1. Carlos Slim Helu:
Net worth of his capital is $53.5 billion(USD).His source of wealth is Telmex and America Movil that is his own company. At present he is 70 year old and living in Mexico.According to Forbes on march 5,2008 Slim was a world's second reachest man and on march11,2009 his ranked dropped down and he got 3rd position. But now on march 10,2010 finally he became the world's richest man.It was the first time in 16 years that the person on the of the list was not from USA.It was also the first time the world's richest person was not from Europe,the Middle East or the United States and the first from the emerging economy.






Bill Gates
2. Bill Gates:



Bill Gates is the world's second richest man after Carlos Slim. Net worth of Bill Gates is $53.0 billion.54 year old Bill Gates is the owner of world's biggest software company "Microsoft" and living in United States.He is also known as American business magnate.When he was 47-year old,it was his 10th year in arow in which he led the business magazine's ranking of the rich. As many of us know that Bill had an early interest in software and began programming computers at the age of thirteen.In 1973, he became a student of Harvard University,where he meet Steve Ballmer(Microsoft CEO).Undergraduate Bill Gates wrote a version of the programming language BASIC for the MITS Altair microcomputer.In 1975, before graduation Bill left Harvard to form Microsoft with his childhood friend Paul Allen.The pair planned to develop software for the newly emerging personal computer market.He had really done very hard labour from his childhood.So now he is the world's famous billioniare.



Warren Buffett
3. Warren Buffett:



Net worth of Warren Buffett is $47.0(USD).He is the owner of the Berkshire Hathaway,it is the famous america based company.Now Warren Buffett is 79 year old and living in United States.
He had got second rank in 2009 but in 2010 his rank has dropped down by one place.And in 2008
he was became the world reachest man , as he got first rank with net worth $62.0 billion.At present his net worth decreases by around $10 billion.Now i am writing about his interesting life. At only six years old,warren Buffett purchased 6-packs of Coca Cala from his grandfather's grocery store for 25% and resold each of the bottles for a nickel,pocketing a five cent profit.Five years later,he took his step into share market.At 11 years old,he purchased three shares of Cities Service at $38 per share for both himself and his older sister,Doris.Shortly after buying the stock,it fell down to just over $27 per share.A frightened but resilient Buffett held his shares until they rebounded to $40.He promptly sokd them -a mistake he would soon come to regret.Cities Service shot up to $200.The experience taught him one of the basic lessons of investing, patience is a virtue.


"So warren Buffet is my one of the best idiol because i also use to invest in share market from age of 20 years"



Mukesh Ambani
4. Mukesh Ambani:
Mukesh Ambani is the owner of Reliance Industries.52 years old Mukesh Ambani is living in India and his net worth is $29.0 billion(USD).In 2008 he had got 5th rank and in 2009 had got 7th rank.But now in 2010 his rank is improved and he has got 4th rank.Mukesh Ambani is the richest man of India where he use to live.Mukesh Ambani is the face of new emerging india.He is the Chairman and Managing Director of Relience Industries Limited,Indians largest private sector company.Mukesh Ambani did his Bachelors in Chemical Engineering from University of Bombay and Masters in Business Administration from Stanford University,USA. He joined Relience in 1981 and brain behind Relience backward integration from textile into polyster fibers and further into petrochemicals.Mukesh Ambani has many achievements and honours to his name.He was choosen as the ET Business leader of the year 2006.




Lakshmi Mittal
5. Lakshami Mittal:
According to forbs net worth of Lakshami Mittal is $28.7 billion(USD).His company is world's number one in steel production and name of the company is "Arcelor Mittal". 59 year old Lakshami Mittal is from India but living in United Kindom.He is the chairman and CEO of his steel company.He graduated from St.Xavier's College in Calcutta where he received a Bachelor of Commerce degree.Mittal was awarded Fortune magazines "European Businessman of the year 2004"and also "Steermaker of the year" in year of 1996 by New Steel,and the "willy korf Steel Vision Award" in 1998,for outstanding vision,enterpreneurship, leadership and success in global steel development from American Metal Market and PaineWeber's Worlds Steel Dynamics.He is the wealthiest person in Britain.His house in Kensington,bought in 2003 for $128 million is the most expensive house even purchased.He also paid around $55 million to host his daughter's wedding celebration in Versailles in 2004.



Lawrence Ellison
6. Lawrence Ellison:
Lawrence Ellison is the co-founder and CEO of Oracle Corporation,a major enterprise software company.Net worth of Ellison in 2010 is $28.0 billion.He is 65 year old and living in United States.Ellison graduated from Eugene Field Elementary School on Chicago's north side in January. Ellison grew up in a two-bedroom apartment in Chicago's South Shore middle-class Jewish neighborhood.he was a bright but inattentive student.He left the University of lllinois at the end of his second year,after not taking his final exams because his adoptive mother had just died.He founded Oracle in 1977, putting up a mere $1400 of his own money,under the name Software Development Laboratories.In 1979, the company was renamed Relational Software Inc.,later renamed Oracle after the flagship product Oracle database.





Bernard Arnaut
7. Bernard Arnaut:


Bernard Arnault is a French businessman.He is the founder, chairman and CEO of LVMH, a large goods conglomorate consisting of over fifty luxury brands, including Ouis Vuitton,Dior, and Fendi.Aenault is the world's 7th richest man.Net worth in 2010 is $27.5 billion(USD).He is 61 year old and living in France. After graduating from Maxence Van Meersch high school, Arnault joined his gather's company.In 1976 , he convinced his father to liquidate the construction division of the company for 40 million francs, and change the focus of company to real estate.Using the name Ferinel , the new company develops a specialty holy accommodation.In 1979 he succeeded his father as president of the company. In 1987 , shortly after the creation of LVMH , he exploited a growing conflict between Alain Chevalier, Moet Hennessy's CEO, and Henry Recamier, president of Louis Vuitton.The new group held property rights to Dior perfumes, which Arnault craved to incorporate into Dior Couture.He created a holding company of which he owned 60%.



Eike Batista
8. Eike Batista:



52 years old Eike Batista is a Brazilian enterpreneur.He has founded companies in different business sector,mainly in mining. At present he is living in Brazil and net worth of Eike is $27.0 billion(USD).He lived in Germany from 1969 to 1980, and studied engineering there.In 2010 he became the eighth richest person in the world.Major companies founded by Eike Batista is; EBX, MMX, OGX, MPX, LLX, Mr Lam(Chinese restaurant) and Porto de Peruibe.He is the son of revered former mining minister who president over mining gaint Companhia Vale do Rio.He was born on November 3, 1957.He has two children, Thor Batista and Olin Batista.



Amancio Ortega
9. Amancio Ortega:
Amancio is the co-founder and chairman of Inditex Group, he has been listed as one of the richest mant in the world.He got 9th place in the top 10 billionaire of the word.In year 2010 Net worth of his capital is $25.0 billion(USD).Now he is 74 year old as he was born on March 28, 1936 in Leon, Spain.His father worked on the railroad while his mother helped support the family by working as a maid.Ortega never attended higher education and continued to work in the textile field.After becoming manager of a local clothing shop , he discovered that only wealthy individuals could afford to purchase fine clothing and became even more determined to make quality clothes accessible to everyone.As result, Ortega started his own products, purchasing cheaper fabric from Barcelona and selling good quality, cheaper products to local stores.In 1963, at the age of 27, Amancio Ortega founded his own company called Confecciones Goa that made and sold fine batherobes. BYy 1989 Amancio Ortega Gaona was successfully operating almost one hundred Zara stores in Spain.

Karl Hans Albrecht
10.Karl Hans Albrecht:
Karl Albrecht is a German Enterepreneur who founded the discount supermarket chain Aldi.He has got the 10th position among the richest man in the world in 2010.Net worth of his capital is $23.5 billion(USD) and became the wealthiest man in Germany.Now he is 90 years old and in 1961 he was opened the first Aldi.