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World's Billionaires 2006

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forbes billionaire list
Forbes Billionaires List 2006
Review of the world's billionaires
according to the Forbes business magazine, 2006

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The Richest people in the world Forbes Rich List - World's Billionaires in 2006

With a surge in stock market prices around the world, there has also been a surge in billionaires this year. While the markets in the United States have been trying to figure out which direction to head during the past 12 months, the Indian SENSEX has increased by 54%, and the Russian RTS market has increased by an impressive 108%. The gains in these two countries alone swelled the world billionaires list by 17 new entrants.

For the twelfth year running the number one position has been held by Microsoft's Bill Gates now. Gates has an estimated $50 billion in assets, while in second position is the American investor and businessman Warren Buffett ($42 billion). The rest of the top 5 billionaires are more geographically diverse, with Carlos Slim Helu of Mexico (30 billion), Ingvar Kamprad of Sweden (28 billion), and Lakshmi Mittal of India/United Kingdom (23.5 billion).

In total there was a record 793 billionaires in the world, which was an increase of 15% or 102 new world billionaires on the Forbes rich list. The total assets of the 793 billionaires increased 18% from last year to an impressive $2.6 trillion.

There was 10 new female billionaires this year, bringing the total list of women to 78. That figure sounds impressive until you see that only 6 of them women are self made billionaires.

One of the new female billionaires to be listed is also the youngest billionaire on the list. Lebanese Hind Hariri's wealth is estimated to be $1.4 billion at the age of 22. Unfortunately her new found wealth was inherited after the assassination of her father (former Lebanese Prime Minister) Rafik Hariri. Prince Albert von Thurn und Taxis of Germany also made the list and is just 8 months older than Hind Hariri.

Major cities of the world seem to either attract billionaires to live, or make them billionaires because they are major cities!. New York claimed the most billionaires in the world with forty of them calling the city home. Moscow also seems to attract the wealthy, with 25 billionaires. While London is not far behind with 23 resident billionaires.

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top 10 rich list Richest Top 10

Top 10 richest billionaires in the world according to the Forbes business magazine in 2006.
(All figures in American Dollars)

1. Bill Gates, $50 billion
2. Warren Buffett, $42 billion
3. Carlos Slim Helu, $30 billion
4. Ingvar Kamprad, $28 billion
5. Lakshmi Mittal, $23.5 billion
6. Paul Allen, $22 billion
7. Bernard Arnault, $21.5 billion
8. Prince Alwaleed Bin Talal Alsaud, $20 billion
9. Kenneth Thomson, $19.6 billion
10. Li Ka-shing, $18.8 billion

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