Monday, June 23, 2008

Top 10 Billionaires: Gates booted out of no. 1

Kind of old news but what the hey, I'd like to occasionally look at the list of top 10 billionaires. You know, for inspiration.

As a kid there had been no doubt in my head that Bill Gates was the richest man on Earth. As a kid, I wanted to be him and fantasized about living in a house that Bill Gates has. But as I got older, I realized that there are a lot of rich people on Earth.

This year's Top 10 Billionaires and what they do:

Warren Buffett
- is an American stock investor known throughout the globe. He is also the largest shareholder and CEO of Berkshire Hathaway.

Carlos Slim Helu & family
- the key to his success is wireless communication. Slim struck gold when he was able to make a deal with Yahoo that will make him the provider of mobile Web services to 16 countries.

William Gates III
- the man needs no introduction. Gates is no longer the world's richest man probably because of the unsuccessful negotiations with Yahoo. (Yahoo again huh?) But Gates is now focusing more on his philanthropic duties to society.

Lakshmi Mittal
- engaged in the manufacturing business, Mittal is heads the world's largest steel production. He just delivered 580 tons to be used in the construction of the World Trade Center memorial.

The rest of the billionaires:

Mukesh Ambani
Anil Ambani
(Yes they are brothers)

Ingvar Kamprad & family
KP Singh
Oleg Deripaska
Karl Albrecht

The top 3 in the list all had their fortune self-made while the rest in the list are mostly inherited (and growing) fortune. It just goes to show us that fortune is more likely made than fate.

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