List of the 100 wealthiest people
Encyclopedia
Forbes Magazine's list of the world's 100 wealthiest people as of February 11, 2008 is based on each person's total net worth. The total net worth is an estimate measured in United States dollar
s, based on the closing stock prices of the stock exchange
s on which each person's company is listed, and exchange rate
s on February 11, 2008. Stock prices are defined as shares of ownership in a corporation, and exchange rates are defined as how much one currency is worth in terms of another. This list only represents each person's valuation on a single day due to daily fluctuations among exchange rates and stock valuations. The list does not include heads of state whose wealth is tied to their position (see list of heads of government and state by net worth).
s on February 11, 2008, and does not reflect changes since that date. The top three countries with the most billionaires are: United States with over 400, Russia with 87, and India and Germany with 56 each.
United States dollar
The United States dollar , also referred to as the American dollar, is the official currency of the United States of America. It is divided into 100 smaller units called cents or pennies....
s, based on the closing stock prices of the stock exchange
Stock exchange
A stock exchange is an entity that provides services for stock brokers and traders to trade stocks, bonds, and other securities. Stock exchanges also provide facilities for issue and redemption of securities and other financial instruments, and capital events including the payment of income and...
s on which each person's company is listed, and exchange rate
Exchange rate
In finance, an exchange rate between two currencies is the rate at which one currency will be exchanged for another. It is also regarded as the value of one country’s currency in terms of another currency...
s on February 11, 2008. Stock prices are defined as shares of ownership in a corporation, and exchange rates are defined as how much one currency is worth in terms of another. This list only represents each person's valuation on a single day due to daily fluctuations among exchange rates and stock valuations. The list does not include heads of state whose wealth is tied to their position (see list of heads of government and state by net worth).
Top billionaires
The following list is Forbes ranking of the world's richest billionaireBillionaire
A billionaire, in countries that use the short scale number naming system, is a person who has a net worth of at least one billion units of a given currency, usually the United States dollar, Euro, or Pound sterling. Forbes magazine updates a complete list of U.S. dollar billionaires around the...
s on February 11, 2008, and does not reflect changes since that date. The top three countries with the most billionaires are: United States with over 400, Russia with 87, and India and Germany with 56 each.
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| No. | Name | Net worth Net worth In business, net worth is the total assets minus total outside liabilities of an individual or a company. For a company, this is called shareholders' preference and may be referred to as book value. Net worth is stated as at a particular year in time... (USD) |
Age | Citizenship Citizenship Citizenship is the state of being a citizen of a particular social, political, national, or human resource community. Citizenship status, under social contract theory, carries with it both rights and responsibilities... |
Residence Home A home is a place of residence or refuge. When it refers to a building, it is usually a place in which an individual or a family can rest and store personal property. Most modern-day households contain sanitary facilities and a means of preparing food. Animals have their own homes as well, either... |
Sources of wealth | Ref. |
|---|---|---|---|---|---|---|---|
| 1 | $62.0 billion | 78 | Berkshire Hathaway Berkshire Hathaway Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States, that oversees and manages a number of subsidiary companies. The company averaged an annual growth in book value of 20.3% to its shareholders for the last 44 years,... |
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| 2 | $60.0 billion | 68 | Telmex Telmex Telmex is a telecommunications company headquartered in Mexico City that provides telecommunication products and services in Mexico, Argentina, Colombia, Brazil and other countries in Latin America. In addition to traditional fixed-line telephone service, Telmex also offers Internet access, data,... , América Móvil América Móvil América Móvil is a Mexican telecommunication company headquartered in Mexico City, Mexico. It is the fourth largest mobile network operator in terms of equity subscribers, one of the largest corporations in Latin America, and the world. America Movil is a Fortune 500 company... |
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| 3 | $58.0 billion | 52 | Microsoft Microsoft Microsoft Corporation is an American public multinational corporation headquartered in Redmond, Washington, USA that develops, manufactures, licenses, and supports a wide range of products and services predominantly related to computing through its various product divisions... |
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| 4 | $45.0 billion | 57 | Arcelor Mittal | ||||
| 5 | $43.0 billion | 50 | Reliance Industries Reliance Industries Reliance Industries Limited is an Indian conglomerate company headquartered at Mumbai, India. The company operates through three business segments: petrochemicals, refining, and oil and gas, other segment of the company includes textile, retail business, special economic zone development and... |
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| 6 | $42.0 billion | 48 | Anil Dhirubhai Ambani Group | ||||
| 7 | $31.1 billion | 41 | SCM Holdings SCM Holdings System Capital Management or SCM is a major Ukrainian financial and industrial holding company with headquarters based in Donetsk in the east of the country. The business is controlled by a Ukrainian businessman Rinat Akhmetov who owns 100% of the company shares... |
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| 8 | and family | $31.0 billion | 81 | IKEA IKEA IKEA is a privately held, international home products company that designs and sells ready-to-assemble furniture such as beds and desks, appliances and home accessories. The company is the world's largest furniture retailer... |
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| 9 | $30.0 billion | 76 | DLF Group | ||||
| 10 | $28.0 billion | 40 | Rusal | ||||
| 11 | $27.0 billion | 88 | Aldi Süd | ||||
| 12 | $26.5 billion | 79 | Cheung Kong Holdings, Hutchison Whampoa Hutchison Whampoa Hutchison Whampoa Limited or HWL of Hong Kong is a Fortune 500 company and one of the largest companies listed on the Hong Kong Stock Exchange. HWL is an international corporation with a diverse array of holdings which includes the world's biggest port and telecommunication operations in 14... |
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| 13 | $26.0 billion | 74 | Las Vegas Sands Las Vegas Sands Las Vegas Sands Corp. is an integrated resort company based in Paradise, Nevada, USA.-History:Founded in 1988, the company was the owner and operator of the Sands Hotel, which was demolished in 1996 to make room for The Venetian, which opened in 1999.... |
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| 14 | $25.5 billion | 59 | LVMH Moët Hennessy • Louis Vuitton LVMH LVMH Moët Hennessy • Louis Vuitton S.A., better known as LVMH, is a French multinational luxury goods conglomerate headquartered in Paris, Île-de-France, France. The company was formed after the 1987 merger of fashion house Louis Vuitton with Moët Hennessy, a company formed after the 1971 merger... |
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| 15 | $25.0 billion | 63 | Oracle Corporation Oracle Corporation Oracle Corporation is an American multinational computer technology corporation that specializes in developing and marketing hardware systems and enterprise software products – particularly database management systems... |
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External links
- The 400 Richest Americans (2007)
- The 20 Richest Women In Entertainment (2007)
- Sunday Times Rich List 2007 - 1000 Britain's richest 1,000
- India's 40 Richest (2007)
- Greater China's 40 Richest (2007)
- The 100 Richest Russians (2004)
- youtube 5min video on the world's richest 10 people - wealth, residence, number of children
- Forbes' list of Top 100 billionares of 2008