Friday, March 07, 2008

Forbes' 2008 Billionaires List released.

Forbes' just released their 2008 List of the Richest Billionaires in the World. Here it is:

1. Warren Buffet, 77, US - US$22bn
2. Carlos Slim, Helu & family, 68, Mexico - US$60bn
3. William Gates III, 52, US - US$58bn
4. Lakshmi Mittal, 57, India - US$45bn
5. Mukesh Ambani, 50, India - US$43bn
6. Anil Ambani, 48, India - US$42bn
7. Ingvar Kamprad & family, 81, Sweden - US$31bn
8. KP Singh, 76, India - US$30bn
9. Oleg Deripaska, 40, Russia - $28bn
10. Karl Albrecht, 88, Germany - $27bn


Couple of main moves include Bill Gates' drop to 3rd as well as the emergence of a lot of Asian names (notably Indian)on the list. Guess the US dollar's exchange rate's weakness may be a key driver. Also interesting to note that these figures are mostly based on stock ownership with the addition of key private assets, so doubt the ultimate credibility of the figures. Possibly lots of more discrete

Also, it could be ironic if folks are actually less concerned about their own wealth than we are are for them.

In any case, it is a spectacular list.

[ More : Forbes ]

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