The NY Times, struggling these days as are many companies who are involved with print media when the rest of the planet has basically found out about the Internet, iPhones, and other means of advertising, is in the process of striking a deal with one Carlos Slim Helu, a Mexican billionaire who has offered to slip some cash to the struggling Times in return for using the paper to move thousands of kilos of whatever can be stuffed into a roll of the New York paper in what appears to be a... Read Full Story
The Annual Forbes List of the World's Richest is out and there have been some big changes. First off, for the first time in 13 years, Bill Gates is not Number 1! He is replaced by a fellow Omaha native, Warren Buffett (Go Huskers! :) ) Mr. Buffett watched his fortune jump $10 Billion in 2007, to reach $62 Billion. Berkshire Hathaway continues to be the company to beat for long term investment prowess. His friend and List buddy Bill Gates saw his fortune jump $2 Billion to $58B, not good... Read Full Story
Mukesh Ambani, chairman of Reliance Industries has become the richest person of the planet. Today his total networth surpassed the total assets of IT czar Bill Gates, Mexican business tycoon Carlos Slim Helu and famous investment guru Warren Buffett. The list of 5 most richest people in the world, is as follows: 1. Mukesh Ambani ($63.2 billion) 2. Carlos Slim Helu ($62.2993 billion) 3. William (Bill) Gates ($62.29 billion) 4. Warren Buffett ($55.9 billion) 5. Lakshmi Mittal ($50.9 billion... Read Full Story
As the Berkshire Hathaway stock rocketed, Warren Buffett fortune swelled to an estimated $62 billion , making him the richest man in the world, pushing Carlos Slim Helu to second and Bill Gates to third richest billionaires in the world. As the stock market plays games again, the world’s rich list is changing again… (more…)
Related Worlds Richest People : 691 Billionaires on Earth Forbes : World’s Richest Billionaires 2006 Buy the Warren Buffett Lincoln Town Car : Get ‘Thrifty’ on Ebay... Read Full Story
US investment guru Warren Buffett has ousted his friend and occasional bridge partner Bill Gates as the world’s richest man, Forbes magazine says.
The Microsoft co-founder had topped the Forbes business magazine’s rich-list for the past 13 years.
Mr Buffett’s wealth increased by $10bn (£5bn) last year to $62bn.
Mr Gates’s fortune climbed by $2bn during the same period, dragging him down to third on the list with a fortune of $58bn.
He was narrowly pipped into second place by the... Read Full Story
"There's always somebody in life trying to take your spot" - Diddy (Making the Band 4) After 13 straight years as the wealthiest person in the world, Microsoft's co-founder drops to third place. Warren Buffett is the richest man on the planet. The son of a Nebraska politician, Buffett delivered newspapers as a boy. He filed his first tax return at age 13, claiming a $35 deduction for his bicycle. He moved on to study under value investing guru Benjamin Graham at Columbia University. Buffett... Read Full Story
Warren Buffett stole the No. 1 spot on Forbes Magazine's list of richest people in the world. The investment mogul, who is worth an estimated $62 billion, bumped Microsoft's Bill Gates, who had topped the list for 13 years. Gates, worth $58 billion, came in at No.3, was beat by Mexican telecom giant Carlos Slim Helu'. Helu' nabbed the No. 2 spot with a net worth of $60 billion. http://www.forbes.com/2008/03/05/buffett-worlds-richest-cx_mm_0229buffetrichest.html Read Full Story
The richest people in the world have gotten poorer, just like the rest of us. This year the world's billionaires have an average net worth of $3 billion, down 23% in 12 months. The world now has 793 billionaires, down from 1,125 a year ago.
After slipping in recent years, the U.S. is regaining i 1 Vote(s) Read Full Story
Newsbrief : World's richest man ,Mexican tycoon, Carlos Slim Helu has lauched a $500million health institute in Mexico aimed at helping Mexico's very poor folks. It is his latest charitable effort. Carlos Slim has been heavily criticized for his monopoly in Mexico's economy. Newslink : http://www.iht.com/articles/ap/2007/09/19/america/LA-GEN-Mexico-Slims-Health-Center.php Read Full Story
Many people throughout the world have no idea who Carlos Slim Helu is, although he is undoubtedly one of the most famous men in Mexico's history. With a net worth of $60-billion, Helu has for some time reigned supreme as the second-richest man in the world. His transition upwards from this position is imminent, as the world's number-one richest man, Warren Buffet, recently announced plans to give the majority of his fortune away. This will leave Carlos as the king of all things money. Carlos... Read Full Story
