Home Wealth Project
Extensive Research On How To Build Wealth From The Comfort Of Your Own Home.
The Billionaire Mind Dream Team
Jun 27th
Wealth Creation Secrets from the Top Wealth Creation Experts in the world. The Experts are from many niches including: Trading Stocks and Shares, Internet Marketing, Eft, Sales Mastery and Product Creation and they have spoken on stage around the world.
The Billionaire Mind Dream Team
The Business of Giving | The inspiration behind the billionaire pledge: Bolder Giving
Aug 12th
| Is it a good idea to ask billionaires to contribute their fortunes to charity? If they do, are the results going to be positive? |
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Carlos Slim Richest Man on Forbes Billionaire List
Mar 11th
Image: José Cruz/ABr
The 2010 Forbes billionaire list awarded Carlos Slim Helu its richest man in the world honor. The Mexican tycoon is worth $53.5 billion, beating out Bill Gates ($53 billion) and Warren Buffett ($47 billion). Here are the top 10 richest men in the world, summed up from Forbes’ excellent list:
1. Carlos Slim Helú
Mexican billionaire who owns the biggest mobile phone company in Latin America, American Movil. He also owns a construction conglomerate, as well as stakes in Saks, the New York Times Co., Bronco Drilling, Inbursa, and Independent News & Media.
2. William Gates III
American billionaire who now runs the Bill & Melinda Gates Foundation. Besides stakes in Microsoft, he also has large stakes in Televisa, Auto Nation, and the Four Seasons hotel chain.
3. Warren Buffett
Through Berkshire Hathaway, this famous American controls Geico, Dairy Queen, BYD (an electric carmaker), MidAmerican Energy, and now Burlington Northern Santa Fe.
4. Mukesh Ambani
This Indian petrochemical tycoon runs Reliance Industries, India’s leading oil, gas and chemical giant. He owns the Mumbai Indians cricket team, to boot.
5. Lakshmi Mittal
Mittal, who is from India, runs the worlds biggest steelmaking company, ArcelorMittal. He also owns part of a British soccer team and sits on the boards of Goldman Sachs and EADS.
6. Larry Ellison
The Oracle founder, from the US, isn’t doing too badly after recently buying Sun Microsystems. According to Forbes, he also “won America’s Cup in February, besting longtime rival billionaire Ernesto Bertarelli.” Those billionaires sure can race, can’t they?
7. Bernard Arnault
This Frenchman builds his fortune off defining the luxury lifestyle. He owns Louis Vuitton parent company LVMH, which is also developing high-end commercial property in Shanghai, runs a French tour operator, builds yachts, and built a French ski resort. He’s probably the kind of billionaire you want to hang out with.
8. Eike Batista
This Brazillian oil and mining tycoon also runs a shipbuilding business (OSX) that may raise $5.6 billion–the biggest IPO in the world this year (so far). He also lives it up, according to Forbes, which says he is a “onetime champion offshore powerboat racer; formerly married to Playboy cover girl.”
9. Amancio Ortega
Women around the world thank this Spanish fashion mogul for stores like Zara and Stradivarius. Like a proper tycoon, he also dabbles in real estate, soccer, horse-jumping, banks, tourism, and gas. Oddly, he is betting on real estate in Coral Gables, Fla.–does he know something we don’t?
10. Karl Albrecht
This German grocery entrepreneur founded Aldi. He also cultivates orchids. That’s about as much as anyone knows about him, writes Forbes.
Read the rest of the list here.
Overall, there are fewer Americans on the list, but more Chinese, Turkish, Taiwanese, Russian, Brazilian, and Indian billionaires. For a good analysis of the global members of the list, read this Christian Science Monitor article.
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Billionaire Visiting Oscars Robbed at Hotel
Mar 10th
José “Pepe” Fanjul, who co-owns the Flo-Sun and the Fanjul conglomerate, was robbed at the Four Seasons Beverly Hills hotel during their Oscar-week visit. A man posing as a hotel employee stole jewelry and other valuables from the billionaire and his wife. The New York Post has the story:
The Cuban-born sugar baron — one of the world’s richest men — and his wife, Emilia, were robbed by a man posing as a hotel worker Friday night. A source told us, “They were riding up in the elevator when a man in a blue uniform with ‘hotel’ written on his shirt started to talk Spanish to Pepe (inset). They both got off on the same floor, and Pepe and his wife went into their suite. They then heard a knock on the door. It was the man in the elevator, who said, ‘I am here to fix your air conditioner.’ They let him in, and he took valuables including Emilia’s jewels — thought to be worth millions — and fled.”
The Palm Beach-based couple, in town for Oscar celebrations, were unhurt but shaken up. Hotel security is believed to have ID’d the perp from videotape but no arrests have been made. Fanjul confirmed to us, “We were victims of a robbery at the hotel. He took my wife’s jewelry that was both valuable and sentimental. We are OK and have reported the incident to the police.” The LAPD said they didn’t yet have details and a Four Seasons rep didn’t get back to us.
Major embarrassment for Four Seasons, I imagine. Next time one of the Fanjul brothers visits the Oscars, they might have to buy a house to stay in.
View full post on Business Pundit
