Pages

Welcome to Overwhelming Waters Community!

All who love ideas are welcome. Share your precious thoughts and deep feelings with everyone around here.

Thursday, March 11, 2010

Forbes 2010 List of Billionaires

In the Forbes list of world's richest in 2010, Carlos Slim Helu, the Mexican telecom magnate adorns the top-most position pushing Bill Gates and Warren Buffet to second and third positions respectively. Slim's wealth is estimated at $53.5 billions whereas the two Americans together are credited with $100 billion. In the fourth and fifth positions are two Indians: Mukesh Ambani and Lakshmi Mittal. Though the largest number of billionaires are still in the US, this has been the first time since 1994 a non-American leads the list. Financial downturn has certainly shaken up major economies and business men have suffered heavy losses. The US  has still got 40% of 1011 of the world's richest in it but there is a marked increase in the number of billionaires in BRIC countries. And, it is encouraging to note that the current global trends are more beneficial to emerging economies.

No comments:

Post a Comment