Saturday, November 10, 2012

The World’s Richest People............


The World’s 200 Richest People

By Matthew G. Miller and Peter Newcomb - Nov 8, 2012 8:53 PM GMT+0530
Bloomberg Markets Magazine
Carlos Slim's $77.5 billion fortune makes him the world's richest person.
They make flip-flops and pet food. They sell miniskirts and motorcars. They mine iron ore and distribute soda. Their net worth totals $2.7 trillion, about the size of the gross domestic product of France, the fifth-biggest economy on the planet.
Bloomberg Markets’ inaugural list of the world’s richest people, in the magazine’s December 2012 issue, showcases the billionaires who pull the levers on the global economy. We took a snapshot of Bloomberg’s exclusive daily wealth ranking, the Bloomberg Billionaires Index, to identify the megarich and quantify their fortunes this year through Oct. 5.
The ranking shows who’s on top (America Movil SAB Chairman Emeritus Carlos Slim, with a net worth of $77.5 billion), who’s faltering (Facebook Inc. Chief Executive Officer Mark Zuckerberg, who's down $6.8 billion since Jan. 1) and who’s just wealthy enough to make our top 200 (SAS Institute Inc. co-founder John Sall, who's worth $5.8 billion).
Bill Gates and Warren Buffett, both in the top five, are household names. Yet nobody racked up billions faster than relatively unknown No. 3, Amancio Ortega of Spain. The 76-year-old founded Inditex SA, the world’s largest clothing retailer, which is known for its more than 1,600 trendy Zara stores. He made more than $18 billion from the start of the year through Oct. 5 -- or about $66 million a day. That windfall was more than enough for the Spanish tycoon to eclipse Buffett -- who’s now No. 4, with $48.4 billion as of Oct. 5.
Ortega’s ascent coincides with an overall rise in retail stocks. Low cotton costs, cheap credit and demand for reasonably priced goods have driven shares of Wal-Mart Stores Inc. and Inditex to records. Nine of the world’s 25 wealthiest people are retail moguls. Among them are Ikea founder Ingvar Kamprad, four members of the Walton family that controls Wal-Mart and Stefan Persson, the largest shareholder in Swedish clothing giant Hennes & Mauritz AB.
Bloomberg News unmasked more than 30 hidden billionaires this year. Brazil’s Dirce Navarro de Camargo inherited her late husband’s industrial conglomerate, Camargo Correa SA, in 1994. Elaine Tettemer Marshall controls 15 percent of Koch Industries Inc., the second-largest closely held company in the U.S. With fortunes of about $12 billion each, both women remain billions shy of Gina Rinehart, the richest woman in the Asia-Pacific region. She's squabbling with her children over the family’s $19.1 billion minerals empire.
Bloomberg News also revealed Zong Qinghou as mainland China’s richest man, who had a net worth of $20.1 billion on Oct. 5. The once poor soda seller today commands the Hangzhou Wahaha Group Co. beverage empire. With soft drinks producing hard cash, wealth creation is booming in China -- and beyond.
Figures and percentages as of Oct. 5; ages as of Dec. 1. Learn about our methodology
Net worth: $77.5 billion
YTD change: + $15.6 billion / + 25.3%
Source of wealth: America Movil
Industry: Telecommunications
Citizenship: Mexico
Age: 72

Net worth: $64.4 billion
YTD change: + $8.7 billion / + 15.7%
Source of wealth: Microsoft
Industry: Technology
Citizenship: U.S.
Age: 57

Net worth: $53.6 billion
YTD change: + $18.4 billion / + 52.1%
Source of wealth: Inditex
Industry: Retail
Citizenship: Spain
Age: 76 

Net worth: $48.4 billion
YTD change: + $5.7 billion / + 13.2%
Source of wealth: Berkshire Hathaway
Industry: Finance
Citizenship: U.S.
Age: 82

Net worth: $41.8 billion
YTD change: + $5.0 billion / + 13.7% 
Source of wealth: IKEA
Industry: Retail
Citizenship: Sweden
Age: 86

Net worth: $38.6 billion
YTD change: + $4.8 billion / + 14.1%
Source of wealth: Koch Industries
Industry: Diversified
Citizenship: U.S.
Age: 77

Net worth: $38.6 billion
YTD change: + $4.8 billion / + 14.1%
Source of wealth: Koch Industries
Industry: Diversified
Citizenship: U.S.
Age: 72

Net worth: $37.2 billion
YTD change: $4.2 billion / + 12.8%
Source of wealth: Oracle
Industry: Technology
Citizenship: U.S.
Age: 68

Net worth: $30.5 billion
YTD change: + $5.4 billion / + 21.4%
Source of wealth: Wal-Mart Stores
Industry: Retail
Citizenship: U.S.
Age: 57

Net worth: $29.3 billion
YTD change: + $5.8 billion / + 24.7%
Source of wealth: Wal-Mart Stores
Industry: Retail
Citizenship: U.S.
Age: 64

Net worth: $28.7 billion
YTD change: + $5.7 billion / + 24.7%
Source of wealth: Wal-Mart Stores
Industry: Retail
Citizenship: U.S.
Age: 68

Net worth: $28.2 billion
YTD change: + $5.6 billion / + 25.0%
Source of wealth: Wal-Mart Stores
Industry: Retail
Citizenship: U.S.
Age: 63

Net worth: $27.0 billion
YTD change: + $4.8 billion / + 21.8%
Source of wealth: Cheung Kong Holdings
Industry: Diversified
Citizenship: Hong Kong
Age: 84

Net worth: $26.0 billion
YTD change: + $4.7 billion / + 21.8%
Source of wealth: Reliance Industries
Industry: Energy
Citizenship: India
Age: 55

Net worth: $24.7 billion
YTD change: + $4.5 billion / + 22.1%
Source of wealth: L’Oreal
Industry: Manufacturing
Citizenship: France
Age: 90

Net worth: $24.7 billion
YTD change: + $2.9 billion / + 13.1% 
Source of wealth: Hennes & Mauritz
Industry: Retail
Citizenship: Sweden
Age: 65

Net worth: $24.2 billion
YTD change: + $7.6 / + 45.5%
Source of wealth: Amazon.com
Industry: Technology
Citizenship: U.S.
Age: 48

Net worth: $24.1 billion
YTD change: + $3.4 billion / + 16.4%
Source of wealth: LVMH Moet Hennessy Louis Vuitton
Industry: Retail
Citizenship: France
Age: 63

Net worth: $23.0 billion
YTD change: + $3.1 billion / + 15.9%
Source of wealth: Google
Industry: Technology
Citizenship: U.S.
Age: 39

Net worth: $22.9 billion
YTD change: + $5.6 billion / + 32.0%
Source of wealth: Kingdom Holding
Industry: Diversified
Citizenship: Saudi Arabia
Age: 57
...................http://www.bloomberg.com/news/2012-11-01/the-world-s-200-richest-people.html
·                     To contact the editor responsible for this story: Matthew G. Miller in New York at mmiller144@bloomberg.net


No comments: