Forbes: The Rich Got Richer in 2010





Richest in the world - IllustrationAccording to Forbes magazine, the number of billionaires in the world rose to 1,210 in 2010, up from 1,011 the year before.

These 1,210 billionaires have a total combined wealth of $4.5 trillion, which is up nearly $1 trillion ($900 billion to be exact) from 2009. Of this $4.5 trillion figure, $1.5 trillion is controlled by people in the United States.

An interesting note - according to Forbes, more than half of the world's newly-minted billionaires came from BRIC countries - Brazil, Russia, India and China. China alone now can now lay claim to nearly 10% of the world's billionaire population.

Of the 1,210 billionaires on Forbes' list, 648 saw their fortunes increase in 2010, while 160 saw their net worths decline.

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According to Forbes, the richest man in the world is once again Carlos Slim Helu (and family). Helu, 71, currently has a net worth of $74 billion.

Bill Gates, former CEO of Microsoft, is second on the list with a total net worth of $56 billion. It should be noted that Bill Gates, who is now a full-time philanthropist, would still have the #1 spot if he hadn't given away $30 billion of his wealth to his charitable foundation over the past number of years. Forbes estimates that Bill Gates is currently worth $56 billion.

The rest of the top 10 looks like this:

3. Warren Buffett, $50 billion
4. Bernard Arnault, $41 billion
5. Larry Ellison, $39.5 billion
6. Lakshmi Mittal, $31.1 billion
7. Amancio Ortega, $31 billion
8. Eike Batista, $30 billion
9. Mukesh Ambani, $27 billion
10. Christy Walton and Family, $26.5 billion

Source: Forbes.com - The 2011 Billionaire List




Filed under: General Knowledge

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