Top 10 World’s Richest People 2011

The Forbes list of the World’s Richest Persons for the year 2011 is now out. Familiar names and faces dominate the Top 10, with one woman securing a spot after a drought of several years.

Mexican telecoms tycoon Carlos Slim Helu is still the world’s richest man, adding $20.5 billion to his net worth last year, thanks to a stronger Mexican peso, rising stock market, and profitable investments by Helu’s conglomerate firm.

Next is Microsoft founder Bill Gates, who also ranked 2nd to Helu in the 2010 World’s Richest list. Forbes Magazine says, however, that Bill Gates’ No. 2 position is due to his enormous philanthropic donations. It is estimated that Bill Gates has donated around one-third of his entire fortunes to the Bill and Melinda Gates Foundation. Had he not made those donations, his net worth would be around $80 billion, making him the world’s wealthiest man.

No. 3 is the Oracle of Omaha, Warren Buffet. Buffet’s net worth is up $3 billion this year, largely due to the rise in stock value of his company Berkshire Hathaway.

The only woman on the list is Christy Walton, widow of John T. Walton, who was the son of Wal-Mart founder Sam Walton. Her net worth stands at $26.5 billion.

Four Filipinos are on the billionaires list, up from two last year:

  • #173 – Henry Sy ($5.8 billion);
  • #512 – Lucio Tan ($2.3 billion);
  • #540 – Andrew Tan ($2.2 billion);
  • #1057 – Enrique Razon ($1.1 billion)

Top 10 World’s Richest Persons – 2011

#1. Carlos Slim Helu

Net Worth: $74 billion (up from $53.5 billion in 2010)
Age: 71
Fortune: Self made
Source: Telecom
Country of Citizenship: Mexico
Residence: Mexico City, Mexico
Industry: Communications
Marital Status: widowed, 6 children
Education: BA/BS, Universidad Nacional Autonoma de Mexico

The world’s richest person for a second year in a row, the Mexican telecom mogul is also the year’s biggest gainer, having added $20.5 billion to his fortune and widened the gap between him and no. 2, Microsoft co-founder Bill Gates, to $18 billion. A 19% rise in the Mexican stock market, a stronger peso, and successful mining and real estate spinoffs from conglomerate Grupo Carso all contributed to the astonishing increase. 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 has other holdings in retailer Saks and the New York Times.

#2. William Gates III

Net Worth: $56 billion (up from $50 billion)
Age: 55
Fortune: Self made
Source: Microsoft
Country of Citizenship: United States
Residence: Medina, Washington, USA
Industry: Software
Marital Status: Married, 3 children
Education: Dropout, Harvard University

Microsoft mogul, futurist and America’s richest person has, with help from billionaire buddy Warren Buffett, convinced nearly 60 of the world’s wealthiest to sign his “Giving Pledge,” promising to donate the majority of their wealth to charity either during their lifetime or after death. He is no longer the planet’s richest person, but that’s because he’s given away $30 billion to his foundation. The Gates Foundation, the world’s most influential charity, tackles tuberculosis and polio and funds famine-resistant crops to fight hunger. 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.

#3. Warren Buffett

Net Worth: $50 billion (up from $47 billion)
Age: 80
Fortune: Self made
Source: Berkshire Hathaway
Country Of Citizenship: United States
Residence: Omaha, Nebraska, USA
Industry: Investments
Marital Status: widowed, remarried, 3 children
Education: MS, Columbia University; BA/BS, University of Nebraska Lincoln

Warren Buffett’s firm Berkshire Hathaway climbed more than 15% over the last year adding $3 billion to his to fortune. Along with bridge partner Bill Gates, the Oracle of Omaha is coaxing America’s richest to pledge half their fortunes to charity. “Too often a vast collection of possessions ends up possessing its owner. The asset I most value, aside from health, is interesting, diverse and long-standing friends.” Buffett faked breathing problems when he was 12 so he could move back to Omaha from Washington, D.C., where his father was a freshman congressman. He had read every book about investing in stocks in the Omaha Public Library by the time he was 12. 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

Net Worth: $41 billion (up from $27.5 billion)
Age: 62
Fortune: Inherited and growing
Source: Louis Vuitton Moet Hennessy (LVMH)
Country of Citizenship: France
Residence:Paris, France
Marital Status: Married; five children
Education: BA/BS, Ecole Polytechnique de Lausanne

The Lord of Luxe easily retains title of richest European. 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. The group acquired 20% of Hermes last year. In March the Bulgari family transferred its majority holding in its brand to LVMH in exchange for LVMH shares and board seats. LVMH fired Christian Dior designer John Galliano after he apparently made anti-semitic remarks. Renaissance man also owns yacht builder Royal Van Lent, a hotel in Courchevel; has stakes in French retailer Carrefour and French tour operator Go Voyages.

#5. Larry Ellison

Net Worth: $39.5 (up from $28.0 billion)
Age: 66
Fortune: Self-made
Source: Oracle
Country of Citizenship: United States
Residence: Woodside, California, USA
Marital Status: Thrice divorced, remarried; two children
Education: Dropout, University of Chicago; Dropout, University of Illinois at Urbana

The Oracle chief sits atop a fortune that is $11.5 billion bigger than last year thanks to a 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. SAP is contesting the outcome. Oracle has acquired 75 companies over the years worth $40 billion, and figured out a way to turn a profit on its latest big buy, Sun Microsystems, in 2010. One of the highest-paid executives in the U.S., Ellison reaped $960 million in compensation in the past five fiscal years, mostly from exercising stock options; he recently cut his salary to $1. Intends to give 95% of wealth to charity.

#6. Lakshmi Mittal

Net Worth: $31.1 billion (up from $28.7 billion)
Age: 60
Fortune: Inherited and growing
Source: Steel, ArcelorMittal ADS
Country of Citizenship: India
Residence: London, United Kingdom
Marital Status: Married, two children
Education: BA/BS, St Xavier’s College Calcutta

Net profits at his ArcelorMittal, world’s largest steel-maker, are up 18-fold to $2.9 billion in 2010 due to recovery in steel demand and higher margins. Group spun off its stainless steel unit into Aperam, a new listed company, and also acquired Canadian miner Baffinland Iron Mines Corporation. It has funded a 377-foot sculpture called ArcelorMittal Orbit in London’s Olympic Park for the 2012 Olympics. Europe’s richest resident, he bought Alderbrook Park, a 340-acre country estate outside London, where he plans to build an eco-friendly country mansion for a reported $40 million. Daughter Vanisha acquired stake in Roc Capital Management, a New York hedge fund. Daughter-in-law Megha owns German fashion house Escada.

#7. Amancio Ortega


Net Worth: $31 billion (up from $25.0 billion)
Age: 74
Fortune: Self-made
Source: Zara
Country of Citizenship: Spain
Residence: La Coruna, Spain
Marital Status: Married; three children

Amancio Ortega stepped down as chairman of Inditex, the $15.8 billion (sales) fashion firm in January; he still gets 87% of his fortune from his stake in the publicly traded firm. The company, which operates under several brand names including Zara, Massimo Dutti and Stradivarius, has 5,000 stores in 77 countries. Ortega also owns properties in Florida, Madrid, London and Lisbon, a horse-jumping circuit, a stake in a soccer league; and has interests in gas, tourism and banks. Railway worker’s son, he started as a gofer in a shirt store. With then-wife Rosalia Mera, also a billionaire, started making dressing gowns and lingerie in living room. Daughter Marta works for Inditex.

#8. Eike Batista

Net Worth: $30 billion (up from $27.0 billion)
Age: 54
Fortune: Self-made
Source: Mining, Oil
Country of Citizenship: Brazil
Residence: Rio de Janeiro, Brazil
Marital Status: Divorced, two children
Education: Dropout, RWTH Aachen University

Brazil’s richest man is gearing up to take over the world. Making a play for foreign investors, Batista announced this year the opening of an office in New York and his intention to list some of his companies on the London Stock Exchange. Through his holding company, EBX, Batista controls businesses spanning mining, shipbuilding, energy, logistics, tourism and entertainment. After months of discussions, he was triumphant in February in taking control of Canadian gold outfit Ventana. Two-thirds of his fortune comes from OGX, the oil-and-gas exploration company he founded in 2007 and took public a year later. In rare recent setback, his planned IPO for his shipbuilding business (OSX), meant to be the world’s largest IPO in 2010, was a disappointment and has had a lukewarm reception in the Brazilian market. The son of Brazil’s revered former mining minister who presided over mining giant Companhia Vale do Rio Doce got his start in gold trading and mining. Onetime champion offshore powerboat racer; formerly married to Playboy cover girl. In media interviews he’s been warning Carlos HelĂș Slim that he’ll soon take his spot as the world’s richest man, but he still has a long way to go.

#9. Mukesh Ambani

Net Worth: $27 billion (down from $29.0 billion)
Age: 53
Fortune: Inherited and growing
Source: Petrochemicals, Oil & Gas
Country of Citizenship: India
Residence: Mumbai, India
Marital Status: Married, three children
Education: Dropout, Stanford University; BA/BS, University of Bombay

His oil and gas conglomerate Reliance Industries, India’s most valuable company, 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. The deal is being touted as one of biggest foreign investments in India. He’s also betting on shale gas, having bought stakes in three American energy firms for $3.3 billion last year. He and wife Nita host parties at their recently completed 27-story sky palace in Mumbai, but have still to move in permanently.

#10. Christy Walton and family

Net Worth: $26.5 billion (up from $22.5 billion)
Age: 56
Fortune: Inherited
Source: Wal-mart
Country of Citizenship: United States
Residence: Jackson, Wyoming, USA
Marital Status: Widow, one children

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 in Wyoming 2005. Now world’s richest woman, she got an extra bump in her fortune because of her late husband’s early investment in First Solar; shares up nearly 500% since 2006 initial public offering. But bulk still comes from her holdings in Wal-Mart, the retailer founded by her father-in-law Sam Walton and his brother James in 1962. Today Wal-Mart has sales of $405 billion, and employs more than 2.1 million people. The philanthropist supports museums, education and organic gardening.

Source: Forbes

Other lists of rich people:

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49 thoughts on “Top 10 World’s Richest People 2011”

  1. The article forgets to mention that all top 10 billionaire in the world are directly connected to freemasonry and Jesuits. These are just puppets, the real masters are hidden and they have trillions of dollars.

    How about the article mention about Federal Reserve Bank in US, which is a private owned corporation, now who are the owners of FED who lend money to US…..The RothChilds Family. They own Bank of England, UBS, Swiss Banks, Duetche Bank, CITI Bank and Federal Reserve, Just research online…

    Its all fraud and show…The evil mafia is the Rothchilds Banking family…Who owns 90% of the banks in the west…How come no one mentions about them? not only they own…they print money.

    The world is not what it seems to be, there are hidden controllers of these Billionaire who rule the world. Just do research guys…its all in the open…never trust main stream media

    Reply
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  3. namastey   we are the n.g.o.with regestered by govt.no.309/2004. please  see  our websites and

     donate.   online  to  our  account

    http://www.poorwelfare.org   
                              and            http://www.poorpeoplewelfare.net

    in the  support us     column   our  bank  details  are  there sir,

    please kindly  help our trust

    thank you sir    

    Bank A/c No:070010100191203.

    IFSC:UTIB0000070

    SWIFT CODE :AXISINBB070

     
    i am  doing seva to christian poor people and also to all  poor people 
    from  2004 may on wards..my  aim  is  for  this  janma given  by  god 
    we  have  to  serve poorpeople, elder people  and  other blind
    people,mentally handicapped people and also  those  children left out
    their elders(old age persons–this ishearting my heart),from  childhood
    my ambition is  to  do for poor people

    sir  we  are  serving all
    poor people like giving food  and shelter  and education every day  with
    lot ot of sincearity.oldage people and mentally handicapped people and
    blind  people are there. since  10 years we are doing with reality with
    god,s grace.

    every  day  we  are  facing  difficulties about  fund.  please  arrange permanant fund  for our society   to poor people

    sir 
    permanant  deposit    for food  for  poor people  we  want  only  rs.  5
    crores.on this deposit  we  will  do  the  anndanams to poorpeople.

    this is life ambition.

    Reply
  4. TO

    THE CHAIRMAN

    GROUP OF COMPANIES

    namastey we are the n.g.o.with regestered by govt.no.309/2004.

    please see our websites and

    donate. online to our account

    sir our society concentrating on women development from 10 years.

    MERCY

                  MERCY                 MERCY       ON POOR PEOPLE

    http://www.poorwelfare.org

    and http://www.poorpeoplewelfare.net

    in the support us column our bank details are there sir,

    please kindly help our trust

    thank you sir

    Bank A/c No:070010100191203.

    IFSC:UTIB0000070

    SWIFT CODE :AXISINBB070

    sir we are doing works for rural poor providing them education,aids

    work, developing them and arts and cultural programmes.

    our society doing seva to christian poor people and also to all poor

    people from 2004 may on wards..my aim is for this janma given

    by god we have to serve poorpeople, elder people and other

    blind people,mentally handicapped people and also those children

    left out their elders(old age persons–this ishearting my heart),from

    childhood my ambition is to do for poor people

    WE GOT THE ONE OF THE BEST SEVA SOCIETY AWARD   OF ALL INDIA.

    WE ARE DOIG SEVA WORKS FOR AID PEOPLE.

    OUR SOCIETY SINCERLY DOING HIGHLEVEL SEVA TO WOMEN DEVELOPMENT

    SOCIETY PERFORMING ARTS PROGRAMMES ALSO  AND ALSO  CULTURAL PROGRAMMES

    BUDGET PERMITTS  WE WILL DO LOT WORKS FOR POOR

    sir we are serving all poor people like giving food and shelter

    and education every day with lot ot of sincearity.oldage people and

    mentally handicapped people and blind people are there. since 10

    years we are doing with reality with god,s grace.

    every day we are facing difficulties about fund. please

    arrange permanant fund for our society to poor people

    sir permanant deposit for food for poor people we want only

    rs. 5 crores.i.e. 11 lakh dollars.on this deposit we will do the anndanams and free services and development to

    poorpeople.

    Reply
  5. TO

    THE CHAIRMAN

    GROUP OF COMPANIES

    namastey we are the n.g.o.with regestered by govt.no.309/2004.

    please see our websites and

    donate. online to our account

    sir our society concentrating on women development from 10 years.

    MERCY

                  MERCY                 MERCY       ON POOR PEOPLE

    http://www.poorwelfare.org

    and http://www.poorpeoplewelfare.net

    in the support us column our bank details are there sir,

    please kindly help our trust

    thank you sir

    Bank A/c No:070010100191203.

    IFSC:UTIB0000070

    SWIFT CODE :AXISINBB070

    sir we are doing works for rural poor providing them education,aids

    work, developing them and arts and cultural programmes.

    our society doing seva to christian poor people and also to all poor

    people from 2004 may on wards..my aim is for this janma given

    by god we have to serve poorpeople, elder people and other

    blind people,mentally handicapped people and also those children

    left out their elders(old age persons–this ishearting my heart),from

    childhood my ambition is to do for poor people

    WE GOT THE ONE OF THE BEST SEVA SOCIETY AWARD   OF ALL INDIA.

    WE ARE DOIG SEVA WORKS FOR AID PEOPLE.

    OUR SOCIETY SINCERLY DOING HIGHLEVEL SEVA TO WOMEN DEVELOPMENT

    SOCIETY PERFORMING ARTS PROGRAMMES ALSO  AND ALSO  CULTURAL PROGRAMMES

    BUDGET PERMITTS  WE WILL DO LOT WORKS FOR POOR

    sir we are serving all poor people like giving food and shelter

    and education every day with lot ot of sincearity.oldage people and

    mentally handicapped people and blind people are there. since 10

    years we are doing with reality with god,s grace.

    every day we are facing difficulties about fund. please

    arrange permanant fund for our society to poor people

    sir permanant deposit for food for poor people we want only

    rs. 5 crores.i.e. 11 lakh dollars.on this deposit we will do the anndanams and free services and development to

    poorpeople.

    Reply
  6. mexico is one of the poorest and unruly country in the world how come that man is selfish…can he able to sleep tight in his country with his millions???without helping his own country??

    Reply
  7. its worthless when your people cannot even eat at least 3 times a day.when your country is on headline because of killings and selling of drugs is rampant.its worthless when there’s no peace at all. how can you enjoy your billions in mexico??

    Reply
  8. nice posting about richest persons please also provide india richest persons list and most currupte countries…www.gpandhra.blogspot.com also provide all things tr it soon

    Reply
  9. Even though the world’s richest man is, Carlos, the Microsoft CEO, Bill Gates is the hero for ever.. Becase he has donated one third of his wealth and will be standing int eh heart of the planet, for ever..

    Shankar
    Arabic Tangle

    Reply
  10. share your blessings . la libertad National high school , needs computer.
    STUDENTS: 
    QUEENILYN MANTILLA, EVA MAE JAYSON, LOVELY MAE CAÑADA.

    Reply
  11. hi friend.. just think of this…
    MINDSETTING: ———- FILIPINO vs. CHINESE —————-
    FILIPINO: Anak, mag-aral ka mabuti para pagmakatapos ka makahanap ka ng magandang trabaho.

    VS. 

    CHINESE: Anak, ikaw aral mabuti pra paglaki iyo ikaw tayu negosyo…

    RESULT: 
    —–FILIPINO——
    6 YEARS IN ELEMENTARY
    4 YEARS IN HIGH SCHOLL
    4 YEARS IN COLLEGE
    1 YEAR REVIEW FOR BOARD EXAM
    15 TOTAL YEARS OF STUDYING PARA TURUAN KA LNG KUMITA NG 10,000 PER MONTH… sapat lamang ang kinikita sa mga NEEDS natin. Pano yong WANTS???? Pano yong DREAM HOUSE, DREAM CAR, DREAM LIFE, or even YOUR DREAM of becoming a CELEBRITY.???:) hayaan mo na lng ba yon dahil takot ka to take risk on investment? baket ka matakot mag’invest kung alam mo na secured ang pera mo? 

    ——-CHINESE——-
    🙂 maliit parin ang mata pero malaki na KITA. hehehe

    kaya nman go on into business and change your mindset…gusto mong tumulong sa family mo at magkaroon din eventually ng financial and debts freedom…?..ETO ANG PARA SAU. start achieving ur dream at VMOBILE…

    this is a LIFE CHANGING OPPORTUNITY… BUT HOW CAN YOU CHANGE YOUR LIFE IF YOU WON’T CHANGE YOUR MINDSET?!!!….alisin mo ang misconceptions mo about the business just open your mind about this opportunity because the only people who succeed are the ones who believe in the beauty of their dreams… NOTHING IS IMPOSSIBLE… LAW OF ATTRACTION: What the mind conceive it can achieve… POSITIVE PEOPLE THINK POSITIVE. 

    watch this video if u r interested…http://www.youtube.com/watch?v=-YwM3EQIbUg 

    for those na malapit lang po dito sa Koronadal City, we conduct regular business orientation meeting(BOM) every saturday, @2pm in ROYAL FALCONS OFFICE… for the complete address contact me

    call or text me 09066918224/09283083673
    JHU LY ANTIPALA PO — VMOBILE TECHNOPRENEUR 🙂 ? ? ?

    kung kayo po ay nasa abroad o nandito lng din sa philippines na interesado sa business ngunit di alam kung paano… i can discuss it to you via skype rf.jhulyqantipala@gmail.com add nyo lng po.

    or message me sa facebook… http://www.facebook.com/18FLARE09
    thank you!!!

    Reply
  12. So beautiful! I really like the earthy & classic tones of your wedding! I’m so stealing the succulent idea. Lovely bride, handsome hubby & bridal party. Incredible pictures as usually Tammy!

    Reply
  13. Got my first letter yesterday! Loved it. I feel like I am a piece of something good that is definitely just starting to transpire. Feeling a strange feeling of community around it all. Maybe you might be on to something here! Who would have ever considered that individuals would really print out words on paper just to have it sent through the mail to another person’s mailbox. Next thing you know, peoe will be growing their own food and walking or riding bikes everywhere. It’ll in no way operate, damn progress.

    Reply

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