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Forbes
Rich List 2005
Review of the world's richest
people
according to the Forbes business magazine,
2005
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Forbes Rich List - World's Richest People 2005 |
Bill
Gates is still the world's
richest man for the eleventh
consecutive year with an estimated $US46.5
billion. The gap for the number 1 position
is quickly closing though, with investor
Warren Buffett coming a close
second at $US42 billion.
According
to the Forbes business magazine there are
now 691 billionaires in the world, which
is 104 more than last year when there where
just 587 billionaires.
People from all industries and from every
region of the world are making their presence
know on the rich list in 2005. New entrants
have come from Poland, Kazakhstan, Ukraine
and Iceland. The weak American dollars has
helped many non-US rich increase their fortunes
simply by watching the US dollar take a
dive in value.
Australia also now has a total of 6 billionaires
in the list due to favorable dollar exchanges
and the ambitious rich. The media mogul
Kerry Packer is Australia's
richest man, but the world's
94th richest man at $US5 billion. Ex-pat
Aussie media
mogul Rupert Murdoch is benefiting
from his US citizenship and passion to succeed
as he continues to move up the ranks of
the world's richest, in position 49 with
$US7.8 billion.
The biggest gainer was easily India's
Lakshmi Mittal with an amazing
increase of $US18.8 billion in 12 months.
Another 18 months at that rate and he'll
be pushing Bill
Gates and Warren
Buffett aside to take the number
one position! The UK based steel
tycoon is now in third position with
an estimated $25US billion. He doesn't mind
spending a little either, with a recent
purchase of a 12 bedroom residence in London
for $US100 million.
The biggest loser was the Russian
oil billionaire Mikhail Khodorkovsky.
The Russian government and Khodorkovsky
just haven't been getting along too well
lately, which has resulted in him being
imprisoned and losing $US12.8 billion this
year.
Other notables include Lifestyle guru Martha
Stewart that was recently released
from prison for insider trading. Her prison
sentence had the opposite affect to Russia's
Mikhail
Khodorkovsky, as her wealth increased
while she was inside. Stewart
makes her entrance to the Rich List with
an estimated $US1 billion. She went into
prison with an estimated $US350 million
and came out a billionaire, but still remains
under house arrest.
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Forbes Top 10 |
Ten Richest People in the world in 2005
according to Forbes business magazine.
1.
Bill
Gates, United States,$46.5,
Microsoft
2.
Warren
Buffett, United States, $44,
Berkshire Hathaway
3.
Lakshmi
Mittal, India, $25, steel
4.
Carlos Slim Helu, Mexico, $23.8, telecom
5.
Prince
Alwaleed Bin Talal Alsaud,
Saudi Arabia, $23.7, investments
6.
Ingvar Kamprad, Sweden, $23, Ikea
7.
Paul
Allen, United States, $21,
Microsoft
8.
Karl Albrecht, Germany, 85, $18.5, supermarkets
9.
Larry
Ellison, United States, $18.4,
Oracle
10.
S. Robson Walton, United States, $18.3,
Wal-Mart
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