Tuesday, April 14
The Top 10 Richest People On World
No. 1: Bill Gates / $40 billion / Microsoft
Software visionary regains title as the world's richest man despite losing $18 billion in the past 12 months. Stepped down from day-to-day duties at Microsoft last summer to devote his talents and riches to the Bill & Melinda Gates Foundation. Organization's assets were $30 billion in January. Dedicated to fighting hunger in developing countries, improving education in America's high schools and developing vaccines against malaria, tuberculosis and AIDS. Gates remains Microsoft chairman. Sells shares each quarter, redeploys proceeds via investment vehicle Cascade; more than half of fortune invested outside Microsoft. Stock down 45% in past 12 months.
No. 2: Warren Buffett / $37 billion / Investments
No. 3: Carlos Slim Helú / $35 billion / Telecoms
No. 4: Lawrence Ellison / $22.5 billion / Oracle
No. 5: Ingvar Kamprad / $22 billion / Ikea
No. 6: Karl Albrecht / $21.5 billion / Supermarkets
No. 7: Mukesh Ambani / $19.5 billion / Petrochemicals
No. 8: Lakshmi Mittal / $19.3 billion / Steel
No. 9: Theo Albrecht /$18.8 billion / Supermarkets
No. 10: Amancio Ortega / $18.3 billion / Fashion
Updated By Udit Mathur at 5:13 PM
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