[nidokidos] The World's 10 Richest Men..

 

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The World's 10 Richest Men  1. Carlos Slim Helu (& family) - Mexico Education: BA/BS, Universidad Nacional Autonoma de Mexico.  Fortune: $ 74 billion (up $20.5 billion) Recent Headlines: Merged his fixed-line telecom company into America Movil, Latin America's largest wireless carrier; Opened a new museum which houses his vast art collection, named after his wife Soumaya. 2. William (Bill Gates) – United States Education: Dropout from Harvard University. Fortune: $ 56 billion (up $3 billion) Recent Headlines: Donated $30 billion of his wealth to the Bill & Melinda Gates Foundation which is working tirelessly towards eradication of tuberculosis and polio and poverty/hunger; Campaigning for "a higher sense of urgency" in AIDS vaccine development and also pushing for improved technology tools to rate teacher performance. 3. Warren Buffett – United States Education: MS, Columbia University; BA/BS, University of Nebraska Lincoln.  Fortune: $50 billion (up $3 billion) Recent Headlines: Investment in Chinese electric car startup BYD Co.; proposed investments in India; Partnered with Bill Gates to convince America's richest to pledge half their fortunes to charity. 4. Bernard Arnault – France Education: BA/BS, Ecole Polytechnique de Lausanne.  Fortune: $41 billion (up $13.5 billion) Recent Headlines: Spectacular performance of his luxury goods group LVMH; Acquisition by the Luis Vuitton group of stake in Hermes and Bulgari; Firing of Christian Dior designer John Galliano over his anti-Semitic remarks. 5. Larry Ellison – United States Education: Dropout, University of Chicago and University of Illinois at Urbana Champaign. Fortune: $39.5 billion (up 11.5 billion) Recent Headlines: Win in the copyright infringement court battle against German software rival SAP worth $1.3 billion; Role in San Francisco's successful bid to host the America's Cup regatta in 2013 (where Ellison is currently the defending champion); Intends to donate 95% of his wealth to charity. 6. Lakshmi Mittal - India Education: BA/BS, St Xavier's College Calcutta, India. Fortune: $31.1 billion (up $2.4 billion) Recent Headlines: Spectacular rise in net profits at his steel conglomeration Arcelor Mittal; Spin off of its stainless steel unit; acquisition of Canadian miner Baffinland Iron Mines Corporation; Funding of a 377-foot sculpture called ArcelorMittal Orbit in London's Olympic Park for the 2012 Olympics; Plans to build a 30 million pound eco-mansion on the outskirts of London which designers claim will have zero carbon footprint. 7. Amancio Ortega - Spain Education: Not Known; son of a railway worker, he is said to have started his career as a gofer in a shirt store. Fortune: $31 billion (up $6 billion) Recent Headlines: Announced his retirement as chairman of Inditex, the $15.8 billion (sales) fashion firm in January; Controversy over Inditex copying bloggers' fashion designs from the Internet. 8. Eike Batista - Brazil Education: Dropout, RWTH Aachen University.  Fortune: $30 billion (up $3 billion) Recent Headlines: Opened office in New York and expressed plans of listing some of his companies in the London Stock exchange; Acquisition of Canadian gold outfit Ventana; Rare setback through the not-so-great reception to the IPO of his ship-building venture. 9. Mukesh Ambani - India Education: Dropout, Stanford University; BA/BS, University of Bombay.  Fortune: $27 billion (down $2 billion) Recent Headlines: Recent partnership with BP worth $7.2 billion, which is being touted as the biggest foreign investment in India and will see a marketing joint venture; $3.3-billion investment in three American energy firms; much-hyped inauguration of a 27-story personal mansion in the heart of Mumbai. 10. Christy Walton (& family) – United States Education: Not Known; widow of the son of Walmart founder Sam Walton, most of her wealth is from inherited stakes in the retail giant. Fortune: $26.5 billion (up $4 billion) Recent Headlines: Engagement with various charities and donations, placing her among the world's biggest woman philanthropists.

Spending Buffett's Money

Warren Buffett talks to Forbes about giving away billions to charity.

watch his views

http://www.nidokidos.org/threads/47485-Spending-Buffett-s-Money

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