Richest Men In The World 2010
This article is about massive wealth and how it was obtained by the richest men in the world 2010. Rich is the state of any person that has an abundance of wealth or great possessions, be it resources, means or funds. Here is the list of the richest men in the world for the year 2010.
- Carlos Slim Helu, Telecom, Mexico ($53.5 billion). Up from the number three spot just one year ago is the owner of Mexico's Telecom and self made tycoon Carlos Helu. Helu began amassing wealth after privatizing Mexico's national telephone company in the 1990s. He recently received regulatory approval to merge his fixed-line assests with American Movil, which is Latin America's largest mobile phone company. The 70-year old richest man in the world's construction conglomerate, Impulsora del Desarrollo y el Empleo builds new roads and energy infrastructure in Mexico.
- William Gates III, Microsoft, USA ($53.0 billion). Gates' net worth climbed $13 billion last year, while the software visionary dropped to the world's second richest man. Microsoft's shares rose 50 percent over one year, as more than 60 percent of the company's shares were held outside of it in Four Seasons hotels, Televisa and Auto Nation. In 2008 the self made billionaire stepped down from running the day-to-day operations of Microsoft to concentrate of helping those who are less fortunate than he.
- Warren Buffett, Berkshire Hathaway, USA ($47 billion). Warren Buffett is also a self made billionaire who in 1965 took over as head of textile for Berkshire Hathaway. Buffett used the company to invest in insurance (Geico), food (Dairy Queen), utilities (MidAmerican Energy) and most recently green technology (electric car maker BYD). The wealthy Buffett, 79, is the son of a stockbroker, he studied economics at Columbia University and has a Masters Degree in science.
- Mukesh Ambani, Petrochemicals, oil & gas, India ($29 billion). Ambani, 52, inherited his successful company (Reliance) after his father passed away. The company is now India's most valuable. Mukesh also owns cricket team, The Mumbai Indians, as well as a 27-story house in Mumbai. Mukesh Ambani recently bid $2 billion of his riches for a 65 percent stake in the troubled Canadian oil sands company, Value Creations.
- Lakshmi Mittal, Steel, India ($28.7 billion). Mittal's steel company (ArcelorMittal) is the world's largest producer of steel. He started in his family's steel business in the 1970s and eventually inherited it. After branching out on his own in 1994 he bought up many steel mills in Eastern Europe. Mittal is currently awaiting permission from the Indian government to open steel mills in Jharkhad and Orissa. Lakshmi sits on the boards of Goldman Sachs and EADS, he lives in a twelve bedroom mansion in London's wealthy Kensington neighborhood.