Page 1 of 4 123 ... LastLast
Results 1 to 10 of 33

World's Billionaires 2010 (Bill Gates No. 2)


This discussion is about "World's Billionaires 2010 (Bill Gates No. 2)" in the "General Discussions" forums.
...

  1. #1
    C.I.A. samsungster's Avatar
    Join Date
    Mar 2005
    Posts
    5,557

    Default World's Billionaires 2010 (Bill Gates No. 2)


    Carlos Slim Helu takes No. 1 spot on Forbes World's Billionaires list as a record 164 10-figure titans return to the ranking amid the global economic recovery. For the third time in three years, the world has a new richest man. Riding surging prices of his various telecom holdings, including giant mobile outfit America Movil (AMX), Mexican tycoon Carlos Slim Helu has beaten out Americans Bill Gates and Warren Buffett to become the wealthiest person on earth and nab the top spot on the 2010 Forbes list of the World's Billionaires.

    Slim's fortune has swelled to an estimated $53.5 billion, up $18.5 billion in 12 months. Shares of America Movil, of which Slim owns a $23 billion stake, were up 35% in a year. That massive hoard of scratch puts him ahead of Microsoft (MSFT) cofounder Bill Gates, who had held the title of world's richest 14 of the past 15 years. Gates, now worth $53 billion, is ranked second in the world. He is up $13 billion from a year ago as shares of Microsoft rose 50% in 12 months. Gates' holdings in his personal investment vehicle Cascade (CAE) also soared with the rest of the markets.

    Buffett's fortune jumped $10 billion to $47 billion on rising shares of Berkshire Hathaway (BRK). He ranks third. The Oracle of Omaha shrewdly invested $5 billion in Goldman Sachs (GS) and $3 billion in General Electric (GE) amid the 2008 market collapse. He also recently acquired railroad giant Burlington Northern Santa Fe (BNI) for $26 billion. In his annual shareholder letter Buffett wrote, "We've put a lot of money to work during the chaos of the last two years. When it's raining gold, reach for a bucket, not a thimble."
    Many plutocrats did just that. Indeed, last year's wealth wasteland has become a billionaire bonanza. Most of the richest people on the planet have seen their fortunes soar in the past year.

    This year the World's Billionaires have an average net worth of $3.5 billion, up $500 million in 12 months. The world has 1,011 10-figure titans, up from 793 a year ago but still shy of the record 1,125 in 2008. Of those billionaires on last year's list, only 12% saw their fortunes decline. U.S. billionaires still dominate the ranks but their grip is slipping. Americans account for 40% of the world's billionaires, down from 45% a year ago.
    The U.S. commands 38% of the collective $3.6 trillion net worth of the world's richest, down from 44% a year ago. Of the 97 new members of the list, only 16% are from the U.S. By contrast, Asia made big gains. The region added 104 moguls and now has just 14 fewer than Europe, thanks to several large public offerings and swelling stock markets.

    worlds-billionaires-2010: Personal Finance News from Yahoo! Finance

  2. #2
    Senior Member floppy's Avatar
    Join Date
    Jun 2008
    Gender
    Male
    Posts
    793
    paspasa naka post da. hehehe

    53.5 billion dollars is a lot of money.
    darn...

    there are 1000 billionaires to date yet millions are in poverty. =s

  3. #3
    Site Keeper clarkhkent's Avatar
    Join Date
    Aug 2003
    Gender
    Male
    Posts
    8,798
    Blog Entries
    1
    ako may nalouy ani nila...unsaon kaha ni pag gasto sa ilang kwarta sa?lelz

  4. #4
    C.I.A. babypaupau's Avatar
    Join Date
    Mar 2007
    Gender
    Female
    Posts
    2,331
    Blog Entries
    3
    Quote Originally Posted by floppy View Post

    53.5 billion dollars is a lot of money.
    darn...

    there are 1000 billionaires to date yet millions are in poverty. =s
    yeah, how ironic.

  5. #5
    Elite Member Clifford_2008's Avatar
    Join Date
    Nov 2008
    Gender
    Male
    Posts
    1,607
    walay pinoy dha.....

  6. #6
    Elite Member boski's Avatar
    Join Date
    Aug 2008
    Gender
    Male
    Posts
    1,769
    Quote Originally Posted by clarkhkent View Post
    ako may nalouy ani nila...unsaon kaha ni pag gasto sa ilang kwarta sa?lelz
    ahaka. . .

    nice one

  7. #7
    C.I.A. KASAAC's Avatar
    Join Date
    Dec 2008
    Gender
    Female
    Posts
    9,478
    kung e share nalang kaha na nila ang ilang wealth para equal ang status sa tanang katawhan sa kalibutan...

  8. #8
    Senior Member yokyok's Avatar
    Join Date
    Sep 2008
    Gender
    Male
    Posts
    777
    gkan man ni sa yahoo news hehehe... datu-a sa mga ukoy ui...

  9. #9
    C.I.A. peewee_toot's Avatar
    Join Date
    Apr 2008
    Posts
    25,148
    Quote Originally Posted by KASAAC View Post
    kung e share nalang kaha na nila ang ilang wealth para equal ang status sa tanang katawhan sa kalibutan...
    hahaha. murag imposible ni mahitabo sir.

  10. #10
    C.I.A. KASAAC's Avatar
    Join Date
    Dec 2008
    Gender
    Female
    Posts
    9,478
    ^

    impossible jud bro... suntok sa buwan

  11.    Advertisement

Page 1 of 4 123 ... LastLast

Similar Threads

 
  1. What do you think about Bill Gates?
    By Freeza in forum General Discussions
    Replies: 40
    Last Post: 03-08-2013, 08:58 AM
  2. Bill Gates to step down at Microsoft on 2008
    By obemon in forum Software & Games (Old)
    Replies: 18
    Last Post: 07-01-2008, 09:52 AM
  3. Warren Buffett topples Bill Gates as world's richest
    By samsungster in forum Politics & Current Events
    Replies: 7
    Last Post: 03-13-2008, 09:27 AM
  4. 2006 WORLD'S BILLIONAIRES
    By wormwood_2020 in forum Politics & Current Events
    Replies: 26
    Last Post: 06-24-2006, 08:34 AM
  5. 666 and Bill Gates
    By cooldude75ph in forum Software & Games (Old)
    Replies: 4
    Last Post: 06-07-2006, 10:27 AM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
about us
We are the first Cebu Online Media.

iSTORYA.NET is Cebu's Biggest, Southern Philippines' Most Active, and the Philippines' Strongest Online Community!
follow us
#top