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Who Is The Richest Person in The World 2010

1. Carlos Slim Helu of Mexico is the richest person in the world in 2010 with $53.5 billion, primarily from his telecommunications business in Mexico which he acquired following privatization. 2. Bill Gates of the US is the second richest with $53 billion from Microsoft, which he co-founded and led for many years before stepping back to focus on his philanthropic work. 3. Warren Buffett of the US is the third richest with $47 billion from his investments through Berkshire Hathaway, which performed well despite the economic downturn.

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41 views

Who Is The Richest Person in The World 2010

1. Carlos Slim Helu of Mexico is the richest person in the world in 2010 with $53.5 billion, primarily from his telecommunications business in Mexico which he acquired following privatization. 2. Bill Gates of the US is the second richest with $53 billion from Microsoft, which he co-founded and led for many years before stepping back to focus on his philanthropic work. 3. Warren Buffett of the US is the third richest with $47 billion from his investments through Berkshire Hathaway, which performed well despite the economic downturn.

Uploaded by

Julie Singh
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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who is the richest person in the world 2010

No.1 Carlos Slim Helu


$53.5 billion
Telecom, Mexico.
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.

No.2 Bill Gates


$53 billion
Microsoft, U.S.
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.

No.3 Warren Buffett


$47 billion – Investments, U.S.
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.
 

No.4 Mukesh Ambani


$29 billion- Petrochemicals, oil and gas. India.
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.
No.5 Lakshmi Mittal
$28.7 billion – Steel, India.
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
 

No.6 Lawrence Ellison


$28 billion – Oracle, U.S.
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.

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