Most Richest and Millionaire Person of Mexico

Most Richest and Millionaire Person of Mexico Warren Edward Buffett (born August 30, 1930 in Omaha, Nebraska, United States) is an American investor, businessman, and philanthropist. He is one of the world's most successful investors and the largest shareholder and CEO of Berkshire Hathaway. He is constantly ranked by Forbes as the second richest person in the world after Bill Gates with an estimated net worth of approximately $40.0 billion.
Buffet is often called the "Oracle of Omaha" or the "Sage of Omaha"and is noted for his adherence to the value investing philosophy and for his personal frugality despite his immense wealth. His 2006 annual salary was about $100,000, which is small compared to senior executive remuneration in comparable companies. In 2007, he earned a total compensation of $175,000, which included a base salary of just $100,000. In 2008, he again earned a total compensation of just $175,000, which included a base salary of $100,000. He lives in the same house in the central Dundee neighborhood of Omaha that he bought in 1958 for $31,500, today valued at around $700,000 (although he also does have a $4 million home in Laguna Beach, California). When Buffett spent $9.7 million of Berkshire's funds on a private jet in 1989, he jokingly named it "The Indefensible" because of his past criticisms of such purchases by other CEOs.
Buffet is also a notable philanthropist, having pledged to give away 85% of his fortune to the Gates Foundation. He also serves as a member of the board of trustees at Grinnell College.
In 1999, Buffett was named the top money manager of the twentieth century in a survey by the Carson Group, ahead of Peter Lynch and John Templeton and in 2007, he was listed among Time's 100 Most Influential People in the world.

Net Worth:$37.0 bil

Fortune:self made

Source:Berkshire Hathaway

Last year America's most beloved investor was the world's richest man. This year he has to settle for second place after losing $25 billion in 12 months. Shares of Berkshire Hathaway down 45% since last March. Injected billions of dollars into Goldman Sachs, GE in exchange for preferred stock last fall; propped up insurance firm Swiss Re in February with $2.6 billion infusion. Admits he made some "dumb" investment mistakes in 2008. Upbeat about America's future: "Our economic system has worked extraordinarily well over time. It has unleashed human potential as no other system has, and it will continue to do so." Scoffs at Wall Street's over-reliance on "history-based" models: "If merely looking up past financial data would tell you what the future holds, the Forbes 400 would consist of librarians." Son of Nebraska politician delivered newspapers as a boy. Filed first tax return at age 13, claiming $35 deduction for bicycle. Studied under value investing guru Benjamin Graham at Columbia. Took over textile firm Berkshire Hathaway 1965. Today holding company invested in insurance (Geico, General Re), jewelry (Borsheim's), utilities (MidAmerican Energy), food (Dairy Queen, See's Candies). Also has noncontrolling stakes in Anheuser-Busch, Coca-Cola, Wells Fargo.

Most Richest and Millionaire Person of Mexico

Carlos Slim Helu (born January 28, 1940) is a Mexican businessman and philanthropist largely focused on the telecommunications industry. He is currently the third wealthiest person in the world, primarily due to investments in Medium Term Notes and Standby Letters of Credit, via his power-broker, Kai Lassen, of Rockwick Capital, with a net worth of around US$35 billion through his holdings.
Slim has a substantial influence over the telecommunications industry in Mexico and much of Latin America. He controls Teléfonos de México (Telmex), Telcel and América Móvil companies. Though he maintains an active involvement in his companies, his three sons — Carlos, Marco Antonio and Patrick Slim Domit — head them on a day-to-day basis.

Net Worth:$35.0 bil

Fortune:self made

Source:telecom

Economic downturn and plunging peso shaved $25 billion from the fortune of Latin America's richest man. Global recession testing his ability to live up to the principles he sets for his employees: "Maintain austerity in times of fat cows." Son of a Lebanese immigrant bought fixed line operator Telefonos de Mexico (Telmex) in 1990; now controls 90% of Mexico's telephone landlines. Would be a billionaire based on his dividends alone. Biggest holding: $16 billion stake in America Movil, Latin America's largest mobile phone company with 173 million customers. America Movil and Telmex reportedly planning to jointly invest $4 billion to bolster telecom infrastructure in Latin America. Buying up cheap media, energy and retail assets. Last year took stakes in New York Times Co., former billionaire Anthony O'Reilly's Independent News & Media and Bronco Drilling; also increased position in Saks. Baseball statistics aficionado, art collector.

Most Richest and Millionaire Person of United States

Lawrence Joseph "Larry" Ellison (born August 17, 1944) is an American entrepreneur and the co-founder and CEO of Oracle Corporation, a major enterprise software company. He is currently listed on Forbes list of billionaires as the #4 richest person in the world as of March 11, 2009. Ellison is the 3rd richest American and 4th richest person in the world, with an estimated networth of $22.5 billion. Ellison owns 22.59% of Oracle Corporation. His shares are worth between $20-25 billion.

Net Worth:$22.5 bil

Fortune:self made

Source:Oracle

Database titan continues to engulf the competition; Oracle has racked up 49 acquisitions in the past 4 years. Bought BEA Systems for $8.5 billion last year. Still sitting on $7 billion in cash. Revenues up 11% to $10.9 billion in the six months ended November 30; profits also up 11% to $2.4 billion. Stock down 25% in past 12 months. Invested $125 million in Web software outfit Netsuite; took public in 2007, stock has fallen 80% since. His shares still worth $300 million. Chicago native studied physics at U. of Chicago, didn't graduate. Started Oracle in 1977. Public 1986, a day before Microsoft. Owns 453-foot Rising Sun; built a smaller leisure boat because superyacht is hard to park. Squabbling in court with Swiss boating billionaire Ernesto Bertarelli over terms of next America's Cup. Recently unveiled hulking 90-foot trimaran he intends to use to win it.

Most Richest and Millionaire Person of Sweden

Most Richest and Millionaire Person of Sweden Ingvar Feodor Kamprad ( pronunciation (help·info)) (born March 30, 1926) is a Swedish entrepreneur who is the founder of the home furnishing retail chain IKEA. As of 2009[update] he is richest person in Europe and the 5th wealthiest person in the world according to Forbes magazine, with an estimated net worth of around US$22 billion

Net Worth:$22.0 bil

Fortune:self made

Source:Ikea

Peddled matches, fish, pens, Christmas cards and other items by bicycle as a teenager. Started selling furniture in 1947. Opened first Ikea store 50 years ago; stores's name is a combination of initials of his first and last name, his family farm and the nearest village. Retired in 1986; company's "senior adviser" still reportedly works tirelessly on his brand. Discount retailer now sells 9,500 items in 36 countries; prints catalog in 27 languages. Revenues up 7% to $27.4 billion in fiscal year 2008. Opened tenth store in China this February; planning to open first in Dominican Republic later this year. Three sons all work at the company. Thrifty entrepreneur flies economy class, frequents cheap restaurants and furnishes his home mostly with Ikea products.

Most Richest and Millionaire Person of Germany

Karl Hans Albrecht (born 20 February 1920) is a German entrepreneur who founded the discount supermarket chain Aldi with his brother Theo. He is among the richest men in the world, with an estimated net worth in 2009 of $21.5 billion according to Forbes Magazine.[1] Albrecht is the wealthiest man in Germany. He has parlayed his wealth via Standby Letters of Credit cut off of Deutsche Bank.

Net Worth:$21.5 bil

Fortune:self made

Source:Aldi

Germany's richest person owns discount supermarket giant Aldi Sud. Retailer faring well amid economic downturn; analysts expect its 2008 sales to be up 9.4% to $33.7 billion. Sales in the U.S. up estimated 20% last year to $7 billion. Plans to open 75 U.S. stores in 2009, including first in New York City. With younger brother, Theo, transformed their mother's corner grocery store into Aldi after World War II. Brothers split ownership in 1961; Karl took the stores in southern Germany, plus the rights to the brand in the U.K., Australia and the U.S. Theo got northern Germany and the rest of Europe. Retired from daily operations. Fiercely private: little known about him other than that he apparently raises orchids and plays golf.

Most Richest and Millionaire Person of India

Mukesh Ambani (born April 19, 1957 in Yemen) is an Indian gujarati businessman. He is the chairman, managing director and the largest shareholder of Reliance Industries, India's largest private sector enterprise and a Fortune 500 company. His personal stake in Reliance Industries is 48%. His wealth is valued at US$15.5 billion (according to Forbes), making him the richest man in Asia as well as world's 7th richest person.
Mukesh and younger brother Anil are sons of the late founder of Reliance Industries, Dhirubhai Ambani. Mukesh also owns the Indian Premier League team Mumbai Indians.

Net Worth:$19.5 bil

Fortune:inherited and growing

Source:petrochemicals

Oversees Reliance Industries, India's most valuable company by market cap despite stock falling 40% in past year. Merging his Reliance Petroleum with flagship Reliance Industries. As part of deal, will exercise right to buy back Chevron's 5% stake in Reliance Petroleum at $1.20 per share—the same price at which he sold it 3 years ago. Today the stock trades for $1.80 a share. Increased stake in Reliance Industries in October; paid $3.4 billion to convert 120 million preferential warrants into shares. Reliance Petroleum refinery on India's western coast began operating in December despite falling global demand and declining margins. Late father Dhirubhai founded Reliance and built it into a massive conglomerate. After he died Mukesh and his brother, Anil, ran the family business together for a brief time. But siblings feuded over control; mother eventually brokered split of assets. Brothers may be looking to bury hatchet; played joint hosts at mother's recent 75th-birthday bash. Has yet to move into his 27-story home that he's building at a reported cost of $1 billion. Ardent fan of Bollywood films. Wife, Nita, oversees school named after his father.

Most Richest and Millionaire Person of India

'Lakshmi MittaL, or Lakshmi Niwas Mittal (Hindi: लक्ष्मि मित्तल; b. 15 June 1950), is an Indian industrialist based in the United Kingdom. He was born in Sadulpur village, in the Churu district of Rajasthan, India, and he resides in Kensington, London. He is the chairman and CEO of ArcelorMittal (founder of Mittal before merger with Arcelor) and also serves as a non-executive director of Goldman Sachs, EADS and ICICI Bank.
As of 2009, Mittal is the world's 8th richest person with personal wealth of US$19.3 billion.

Net Worth:$19.3 bil

Fortune:inherited and growing Source

Indian immigrant heads world's largest steel company; ArcelorMittal was formed via hostile takeover 3 years ago. Stock in company makes up bulk of his fortune; shares at a 4-year low with steel prices down 75% since last summer. Company forced to pay heavy fines after a French antitrust investigation found 10 companies guilty of price-fixing in European steel markets. Arcelor posted $2.6 billion loss in most recent quarter; announced plans to slow acquisitions, cut capital expenditures, pay down debt. Started in family steel business in the 1970s, branched out on his own in 1994. Initially bought up steel mills on the cheap in Eastern Europe. Company bought 19.9% stake in Australia's Macarthur Coal last year. Also owns pieces of Mumbai's Indiabulls Group, London's RAB Capital; owns stake in, sits on board of Goldman Sachs. Holds substantial cash; owns 12-bedroom mansion in London's posh Kensington neighborhood.

Most Richest and Millionaire Person of Germany

Theodor Paul Albrecht (born 28 March 1922), generally known as Theo Albrecht, is a German entrepreneur, who in 2007 was ranked by Forbes magazine as the 9th richest person in the world, with a net worth of $23.5 billion. He owns and was the CEO of the Aldi Nord discount supermarket chain. In the US he owns the Trader Joe's specialty grocery store chain. His brother Karl Albrecht owns the Aldi Süd discount supermarket chain. The two chains originally were a single family enterprise until a friendly division of assets in 1960. Aldi Süd operates the Aldi groceries in the United States. So Aldi and Trader Joe's, while owned by the brothers, have separate and distinct ownership and operations.
In 1971, Theo was kidnapped for 17 days. A $3 million ransom was paid for his release. [1]
Both Albrecht brothers are reclusive and little is known about their private life. The last published photo of Theo Albrecht dates to 1971, one day after his kidnapping. Another photo of the two Albrecht brothers together has been taken in 1987 by the journalist Franz Ruch

Net Worth:$18.8 bil

Fortune:self made

Runs discount supermarket group Aldi Nord; firm holding up amid economic downturn. Sales expected to hit $31 billion in 2008. After World War II he and older brother Karl transformed their mother's corner grocery into Aldi. Brothers split ownership in 1961; Karl took the stores in southern Germany, plus the rights to the brand in the U.K., Australia and the U.S. Theo got the northern Germany stores and the rest of Europe. Unable to operate Aldi stores in U.S., Theo developed discount food store Trader Joe's; now has more than 320 U.S. stores. Also owns stake in Supervalu. Became a recluse after being kidnapped for 17 days in 1971; said to collect old typewriters; loves golf.

Most Richest and Millionaire Person of Spain

Richest and Most Millionaire Person of Spain Amancio Ortega Gaona (born March 28, 1936, Spain) is a Galician fashion entrepreneur. Ranked by Forbes as Spain's richest man and the 10th richest man in the World in 2009. He is the founder, with his then-wife Rosalía Mera, and chairman of the Inditex Group. He currently lives with his second wife in a discreet apartment building in the centre of A Coruña (Corunna).
Ortega arrived at A Coruña, Spain, at the age of 14, due to the job of his father, railway worker. Starting as a gofer in various shirt stores in A Coruña, Galicia, in 1963 he founded Confecciones Goa (his initials in reverse), which made bathrobes. In 1975 he opened the first store in what would grow into the enormously popular chain of fashion stores called Zara. He owns 59.29% of the Inditex group (Industrias de Diseño Textil Sociedad Anónima) which includes the brands Zara, Massimo Dutti, Oysho, Zara Home, Kiddy's Class, Tempe, Stradivarius, Pull and Bear/Often and Bershka and has more than 14,000 employees.
Ortega keeps a very low profile and there are practically no photographs of him (except from one photo published at the Inditex website). He refuses to wear a tie, and likes to dress in blue jeans. He is said to take a very active part in the production and design process in the company.
When he made a public appearance in 2000 - as part of the warm-up prior to floating his company on the stock market in 2001 - it made headlines in the Spanish financial press. However, he has never given an interview, and his secrecy has led to the publication of books such as Amancio Ortega

Net Worth: $18.3 bil

Fortune: self made

Railway worker's son started as a gofer in a shirt store. With then-wife Rosalia Mera, also now a billionaire, started making dressing gowns and lingerie in their living room. Business became one of world's most successful apparel manufacturers. Today Inditex has more than 4,000 stores in 71 countries. Sales: $12.3 billion. Ortega is chairman. Company exported its cheap chic Zara stores to 4 new markets last year: Ukraine, South Korea, Montenegro and Honduras. Stock up 1% in past 12 months, but fortune down because of weak euro. Also has personal investments in gas, tourism, banks and real estate. Owns properties in Madrid, Paris, London, Lisbon, plus a luxury hotel and apartment complex in Miami, a horse-jumping circuit, and an interest in a soccer league. Shuns neckties and fanfare. Daughter Marta works for Inditex; recent speculation suggests she is being groomed to eventually replace her father

Most Richest and Millionaire Person of United States

William Henry "Bill" Gates III World Most Richest and Millionaire Person of United States (born October 28, 1955) is an American business magnate, philanthropist, author, and chairman of Microsoft, the software company he founded with Paul Allen. He is ranked consistently one of the world's wealthiest people[4] and the wealthiest overall as of 2009.During his career at Microsoft, Gates held the positions of CEO and chief software architect, and remains the largest individual shareholder with more than 8 percent of the common stock.He has also authored or co-authored several books.
Gates is one of the best-known entrepreneurs of the personal computer revolution. Although he is admired by many, a number of industry insiders criticize his business tactics, which they consider anti-competitive, an opinion which has in some cases been upheld by the courts.In the later stages of his career, Gates has pursued a number of philanthropic endeavors, donating large amounts of money to various charitable organizations and scientific research programs through the Bill & Melinda Gates Foundation, established in 2000.
Bill Gates stepped down as chief executive officer of Microsoft in January, 2000. He remained as chairman and created the position of chief software architect. In June, 2006, Gates announced that he would be transitioning from full-time work at Microsoft to part-time work and full-time work at the Bill & Melinda Gates Foundation. He gradually transferred his duties to Ray Ozzie, chief software architect and Craig Mundie, chief research and strategy officer. Gates's last full-time day at Microsoft was June 27, 2008. He remains at Microsoft as non-executive chairman.
As of 2009 he has had over 5 honorary doctorates from several world renowned universities.

Net Worth: $40.0 bil

Fortune: self made

Software visionary regains title as the world's richest man despite losing $18 billion in the past 12 months. Stepped down from day-to-day duties at Microsoft last summer to devote his talents and riches to the Bill & Melinda Gates Foundation. Organization's assets were $30 billion in January; annual letter lauds endowment manager Michael Larson for limiting last year's losses to 20%. Gates decided to increase donations in 2009 to $3.8 billion, up 15% from 2008. Dedicated to fighting hunger in developing countries, improving education in America's high schools and developing vaccines against malaria, tuberculosis and AIDS. Appointed Microsoft Office veteran Jeffrey Raikes chief exec of Gates Foundation in September. Gates remains Microsoft chairman. Sells shares each quarter, redeploys proceeds via investment vehicle Cascade; more than half of fortune invested outside Microsoft. Stock down 45% in past 12 months. "Creative capitalist" wants companies to match profitmaking with doing good.

Most Richest and Millionaire Person of Pakistan

Mian Muhammad Mansha is the head of the Mansha family and the Chairman of the Nishat Group. He is regarded as one of the richest men in Pakistan, with a net worth somewhere between USD $4-5 Billion. Born in Lahore to a wealthy Chinioti family, he enjoyed an early business education as part of one of Pakistan's most prominent industrialist families. He formally joined the family business after his studies in the UK.
Mansha, who owns the Muslim Commercial Bank as well, is now setting up a billion rupee ($ 17 m) paper sack project too. He is one of the richest Pakistanis around. Nishat Group was country’s 15th richest family in 1970, 6th in 1990 and Number 1 in 1997. Mansha is on the board of nearly 50 companies. Chinioti by clan, Mansha is married to Yousaf Saigol’s daughter. He is deemed to have made investments in many bourses, currency and metal exchanges both within and outside Pakistan. He has had his share of luck on many occasions in life and has recently been awarded Pakistan’s highest civil award by President Musharaf. He could have bought the United Bank too, but then who doesn’t have adversaries. Nishat Group comprises of textiles, cement,leasing, and insurance and management companies. If Mansha was bitten by Bhutto’s nationalization stint of 1970, his friends think he was compensated by Nawaz Sharif’s denationalization program to a very good effect. There is no stopping Mansha and he is still on the move!