Bill Gates No Longer World's Richest Man!Why People around the world still talking Bill Gates is Richest person in the world? Forbes has released the list of richest persons in the world for the year 2010. According to Forbes the number of billionaires have increased from 793 in 2009 to 1011 in 2010 and their net worth this year has shot up to $3.6 trillion from $2.4 trillion last year.The statistics also says that the number of women billionaires have increased to 89 in 2010 compared to that of 72 in 2009. Here is the list of the 10 richest persons in the world for the year 2010 according to Forbes.
1. Carlos Slim Helu
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.
2. Bill Gates
That massive hoard of scratch puts him ahead of Microsoft ( MSFT - news - people ) cofounder Bill Gates, who had held the title of world's richest 14 of the past 15 years.
Gates, now worth $53 billion, is ranked second in the world. He is up $13 billion from a year ago as shares of Microsoft rose 50% in 12 months. Gates' holdings in his personal investment vehicle Cascade ( CAE - news - people ) also soared with the rest of the markets.
3. Warren Buffett
Warren Edward Buffett (born August 30, 1930) is an American investor, businessman, and philanthropist. He is one of the most successful investors in history, the primary shareholder and CEO of Berkshire Hathaway, and in 2008 was ranked by Forbes as the richest person in the world with an estimated net worth of approximately $62 billion. In 2009, after donating billions of dollars to charity, Buffett was ranked as the second richest man in the United States with a net worth of $40 billion.
4. Mukesh Ambani
Chairman and Managing Director of Reliance Industries Limited, India's largest private sector company; Chosen as ET Business Leader of the Year 2006; Ranked 42nd among the World's Most Respected Business Leaders and second among the four Indian CEOs featured in a survey conducted by PricewaterhouseCoopers and published in Financial Times, London, November 2004.
5. Lakshmi Mittal
As of April 2010, Mittal is the richest man in Europe and the fifth richest in the world with a personal wealth of US$28.7 billion or £19.3 billion.The Financial Times named Mittal Person of the Year in 2006. In May 2007, he was named one of the "100 Most Influential People" by TimeGoldman Sachs, EADS and ICICI Bank and is presently the vice chairman of the World Steel Association. Mittal is a member of the Foreign Investment Council in Kazakhstan, the International Investment Council in South Africa, the World Economic Forum’s International Business Council and the International Iron and Steel Institute’s Executive Committee . He is a member in the Advisory Board of the Kellogg School of Management. magazine. He serves as a non-executive director of
6. Lawrence Ellison
He was born out of wedlock to a 19-year-old girl, and was raised by her aunt.Founded Oracle in 1977, putting up a mere $2000 of his own money. Took it public in 1986, a day before Microsoft.
Purchased 21 firms for more than $19 billion since the beginning of 2006.
In 2004, Forbes reported his net worth at around $13.7 billion, making him one of the 10 richest people in the U.S.
Ellison is a certified pilot and has owned several unusual aircraft, including fighter jets.
7. Bernald Arnault
Bernard Arnault (born 5 March 1949) is a French businessman. He is the founder, chairman, and CEO of LVMH, a large luxury goods conglomorate consisting of over fifty luxury brands, including Louis Vuitton, Dior, and Fendi. According to Forbes Magazine, Arnault is the world's 7th richest person, with a 2010 net worth of $US27.5 billion. In 2007, Time Magazine100 Most Influential People in the world. listed him as one of the
Arnault was born in Roubaix. After graduating from the Maxence Van Der Meersch high school, Arnault was admitted to the École Polytechnique (X1969) from which he graduated with an engineering degree in 1971. After graduation, Arnault joined his father's company. In 1976, he convinced his father to liquidate the construction division of the company for 40 million francs, and to change the focus of company to real estate. Using the name Férinel, the new company develops a specialty holiday accommodation. In 1979, he succeeded his father as president of the company.
8. Eike Batista
Eike Batista—known as a swashbuckling businessman and no stranger to the gossip columns—is already said to be the wealthiest person in Brazil. Because of his oil holdings and interests in a vast number of other businesses, he may well become the richest man in the world. Batista, one of seven children of a high-level government official, got into gold at an early age and eventually controlled mines from Chile to Russia.
9. Amancio Ortega
Being the founder of the Inditex Group fashion company and for being the richest man in Spain. Ortega shuns the media spotlight and is rarely photographed or interviewed.
Amancio Ortega Gaona is a famous Galician fashion designer and entrepreneur. As the co-founder and chairman of Inditex Group, he's been listed as one of the richest men in the world by Forbes.
Amancio Ortega Gaona, best known as Amancio Ortega, 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. At the age of 13, Ortega began working for a shirtmaker as a delivery boy in La Coruna, Galicia, the center of the Iberian textile industry. He worked for a variety of stores and tailors and studied how products and costs changed as they traveled from the manufacturer to the consume.
10. Karl Albrecht
Founded the discount supermarket chain Aldi with his brother Theo in 1961.
Discount supermarket giant Aldi, now (2008) has more than 8,000 stores and $67 billion in sales.
Today, the business is no longer run by any of Karl Albrecht’s family members.
Raises orchids and plays golf.
In 1948 they incorporated as “Aldi”, short for Albrecht Discount; in 1955 they had 100 stores and by 1960 over 300. In 1960 the two
brothers split, Theo taking the northern territories of Germany and Karl the area south of the Ruhr. The year 1997 had the brothers controlling over 3000 stores in Germany, with more outside the country. In total currently, worldwide, there are 8500 stores in 2009.
Karl is now retired, and Forbes estimates his net worth in 2004 as approximately $23B, making him the richest individual in Germany.
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