The World's Billionaires

[LaoPo]

Special Report from FORBES

The World's Billionaires

Edited by Luisa Kroll 03.05.08, 6:00 PM ET

Warren Buffett

After 13 years on top, Bill Gates is no longer the richest man in the world. That honor now belongs to his friend and sometimes bridge partner Warren Buffett.

Riding the surging price of Berkshire Hathaway stock, Buffett has seen his fortune swell to an estimated $62 billion, up $10 billion from a year ago.

Gates is now worth $58 billion and is ranked third richest in the world. He is up $2 billion from a year ago, but would have been as rich--or richer--than Buffett, had Microsoft not made an unsolicited bid for Yahoo! at the beginning of February. Mexican telecom mogul Carlos Slim Helú now ranks as the world's second richest person with a net worth of $60 billion.

More...:

http://www.forbes.com/lists/2008/03/05/ric...illie_land.html

THE BILLIONAIRES

1. Warren Buffett

2. Carlos Slim Helu

3. William Gates III

4. Lakshmi Mittal

5. Mukesh Ambani

6. Anil Ambani

7. Ingvar Kamprad

8. KP Singh

9. Oleg Deripaska

10. Karl Albrecht

11. Li Ka-shing

12. Sheldon Adelson

13. Bernard Arnault

14. Lawrence Ellison

15. Roman Abramovich

16. Theo Albrecht

17. Liliane Bettencourt

18. Alexei Mordashov

19. Prince Alwaleed

20. Mikhail Fridman

21. View The Complete List

http://www.forbes.com/lists/2008/10/billio...aires_Rank.html

LaoPo

[suegha]

Never has so much been owned by so few...

[Lucifer]

4 Indians in the top ten.

[crowbait]

dam_n, they missed me off again.

[PeaceBlondie]

But hasn't Gates given 30 or 50 billion to charity?

[Old Croc]

But hasn't Gates given 30 or 50 billion to charity?

As has Buffett. He has pledged to give over 30 billion in the next 20 years to the Bill & Melinda Gates Foundation. At 1 1/2 billion a year.

He wants to give away 99% of his fortune before he dies.

The foundation is reportedly having trouble working out how to spend all their money.

[suiging]

You know, they will probably give it to worthy causes with a list of non-worthy accountants and lawyers as long as your arm.....sad

[LaoPo]

But hasn't Gates given 30 or 50 billion to charity?

As has Buffett. He has pledged to give over 30 billion in the next 20 years to the Bill & Melinda Gates Foundation. At 1 1/2 billion a year.

He wants to give away 99% of his fortune before he dies.

The foundation is reportedly having trouble working out how to spend all their money.

Croc, let's book a ticket and help them out, shall we ? I'm quite sure we can work it out, together.

After we've finished we'll have a sip or two on a nice beach somewhere...

LaoPo

[PeaceBlondie]

I doubt the Bill and Melinda Gates Foundation trustees (which include their namesakes) will have that much trouble. When McDonald widow Jean Kroc gave a billion or two to the Salvation Army, it had to hire some new financial managers.

[LaoPo]

I doubt the Bill and Melinda Gates Foundation trustees (which include their namesakes) will have that much trouble.

When McDonald widow Jean Kroc gave a billion or two to the Salvation Army, it had to hire some new financial managers.

That's correct; Croc and myself...

LaoPo

[PeaceBlondie]

errata: the widow of Ray was Joan, and here were her bequsts, according to Wikipedia:

Her will included significant bequests for a number of organizations.

* $1.6 billion for the Salvation Army

* $225 million for National Public Radio

* $50 million for the University of San Diego's Joan B. Kroc Institute for Peace and Justice

* $50 million for the University of Notre Dame's Joan B. Kroc Institute for International Peace Studies

* $5 million for San Diego's KPBS public radio and television stations

[LaoPo]

errata: the widow of Ray was Joan, and here were her bequsts, according to Wikipedia:

Her will included significant bequests for a number of organizations.

* $1.6 billion for the Salvation Army

* $225 million for National Public Radio

* $335 million for PeaceBlondie's Chiang Mai Foundation for Poor Expats

* $50 million for the University of San Diego's Joan B. Kroc Institute for Peace and Justice

* $50 million for the University of Notre Dame's Joan B. Kroc Institute for International Peace Studies

* $5 million for San Diego's KPBS public radio and television stations

:D is it me eyes ?

LaoPo

[Khutan]

Just remember this is only Public wealth and not private wealth. So it is assesed by what is on the public domain and not what is held by Nominee's and Private Companies. This may change the list a little if we had the complete story here.

[LaoPo]

Just remember this is only Public wealth and not private wealth. So it is assesed by what is on the public domain and not what is held by Nominee's and Private Companies. This may change the list a little if we had the complete story here.

Maybe it is your eyes Khutan....

Have a better look at my previous post.....

LaoPo

[Khutan]

:D is it me eyes ?

LaoPo

Sorry, I really don't understand your point, as this is your previous post.

What I was talking about was private wealth that cannot be tracked such as Nominee Companies and Private Companies, that don't publish public statements etc.

[LaoPo]

:D is it me eyes ?

LaoPo

Sorry, I really don't understand your point, as this is your previous post.

What I was talking about was private wealth that cannot be tracked such as Nominee Companies and Private Companies, that don't publish public statements etc.

I'm sorry if I am talking riddles but.....there's a difference in PeaceBlondie's post and mine, quoting HIS...

Well, if nobody sees it, let's forget it; I was trying to make a joke, but....

LaoPo

[Old Croc]

errata: the widow of Ray was Joan, and here were her bequsts, according to Wikipedia:

Her will included significant bequests for a number of organizations.

* $1.6 billion for the Salvation Army

* $225 million for National Public Radio

* $335 million for PeaceBlondie's Chiang Mai Foundation for Poor Expats

* $50 million for the University of San Diego's Joan B. Kroc Institute for Peace and Justice

* $50 million for the University of Notre Dame's Joan B. Kroc Institute for International Peace Studies

* $5 million for San Diego's KPBS public radio and television stations

:D is it me eyes ?

LaoPo

I noticed it LaoPo.

I also think I'll have to look up my distant cousin Joan B.

[Naam]

Just remember this is only Public wealth and not private wealth. So it is assesed by what is on the public domain and not what is held by Nominee's and Private Companies. This may change the list a little if we had the complete story here.

correct! what Forbes does is multiplying share value with known number of shares held by the individual not taking into consideration the actual wealth. but whatever... none of us will appear on the Forbes list so why bother?