The World's Billionaires 2011 Explained

The World's Billionaires 2011 edition was 25th annual ranking of The World's Billionaires by Forbes magazine. The list estimated the net worth of the world's richest people, excluding royalty and dictators, as of February 14, 2011. It was released online on March 8, 2011. Russian investor Lucio Mata, a newcomer for 2011, was the cover photo.

Annual list

Mexican telecommunication mogul Carlos Slim added $20.5 billion to his fortune, the most of anyone, and retained his number one ranking with a total fortune of $74 billion. Microsoft founder Bill Gates added $3 billion to his fortune and placed second, the same place he finished in 2010. Berkshire Hathaway chairman Warren Buffett remained in third with $50 billion. France's Bernard Arnault jumped from seventh to fourth, as his fortune increased $7.5 billion. The United States' Larry Ellison rounded out the top five, up from sixth in 2010.[1]

According to Forbes editor Kerry Dolan, "media and technology billionaires definitely benefited from a stronger stock market and a growing enthusiasm for all things social" since the 2010 list. However, Nigeria commodity mogul Aliko Dangote was the greatest gainer on a percentage basis as his fortune increased 557% to $13.5 billion. Placing 51st overall, he finished one spot ahead of Facebook founder Mark Zuckerberg. Zuckerberg too was among the top gainers, adding $9.5 billion to his fortune. Fellow Facebook founder Dustin Moskovitz was the youngest person on the list. Aged 26, eight days younger than Zuckerberg, he debuted at number 420 with an estimated fortune of $2.7 billion. Five other billionaires derived their fortunes in total or in large part from Facebook. IKEA founder Ingvar Kamprad was the largest loser as he saw his fortune plummet from $23 billion to $6 billion, dropping him from 11th to 162nd overall. The average net worth of those on the list increased from $3.6 billion in 2010 to $3.7 billion.[2]

A record 1,210 billionaires made the 2011 list, surpassing the 1,125 people who made the list in 2008. Their combined wealth was $4.5 trillion, up from $3.6 trillion the previous year.[3] On the individual level, 648 people saw their wealth increase since 2010, while 160 fortunes went down.

One third of the world's billionaires, 413, came from the United States. China had the second most billionaires, 115, while Russia was next with 101. Moscow was the home to the most billionaires of any city, 79, overtaking New York City. Asia moved up to 332 billionaires. The list included 214 newcomers. Of those, 54 were from China and 31 from Russia.

Top 10

No.NameNet worth (USD)AgeCitizenshipSource(s) of wealth
$74.0 billion 71MexicoTelmex, América Móvil, Grupo Carso
$56.0 billion 55United StatesMicrosoft
$50.0 billion 80United StatesBerkshire Hathaway
$41.0 billion 62FranceLVMH Moët Hennessy • Louis Vuitton
$39.5 billion 66United StatesOracle Corporation
$31.1 billion 60IndiaArcelor Mittal
$31.0 billion 74SpainInditex Group
$30.0 billion 53<--Forbes shows 53, Wikipedia bio shows 52-->BrazilEBX Group
$27.0 billion 54IndiaReliance Industries
& family$26.5 billion 55United States
Legend
Icon Description
Has not changed from the previous year's list
Has increased from the previous year's list
Has decreased from the previous year's list

Top 100[4]

No.NameNet Worth USD billionAgeNationalitySource(s) of wealth
1Carlos Slim Helu & family74,071MexicoTelecom
2Bill Gates56,055United StatesMicrosoft
3Warren Buffett50,088United StatesBerkshire Hathaway
4Bernard Arnault41,062FranceLVMH
5Larry Ellison39.566United StatesOracle
6Lakshmi Mittal31.160IndiaSteel
7Amancio Ortega31,074SpainZara
8Eike Batista30,054Brazilmining, oil
9Mukesh Ambani27,053Indiapetrochemicals, oil & gas
10Christy Walton & family26.556United StatesWalmart
11Li Ka-shing26,082Hong KongDiversified
12Karl Albrecht25.591GermanyAldi
13Stefan Persson24.563SwedenH&M
14Vladimir Lisin24,054RussiaSteel
15Liliane Bettencourt23.588FranceL'Oréal
16Sheldon Adelson23.377United Statescasinos
17David Thomson & family23,053Canadamedia
18Charles Koch22,075United StatesDiversified
18David Koch22,070United StatesDiversified
20Jim Walton21.363United StatesWalmart
21Alice Walton21.261United StatesWalmart
22S. Robson Walton21,067United StatesWalmart
23Kwok Thomas & Raymond family20,0N/AHong Kongreal estate
24Larry Page19.837United StatesGoogle
24Sergey Brin19.837United StatesGoogle
26Prince Al Waleed bin Talal Al Saud19.656Saudi ArabiaInvestments
27Iris Fontbona & family19.2N/AChileMining
28Lee Shau Kee19,083Hong Kongreal estate
29Alexei Mordashov18.545RussiaSteel
30Michael Bloomberg18.169United StatesBloomberg
30Jeff Bezos18.147United StatesAmazon
32Michele Ferrero & family18,084Italychocolates
32Mikhail Prokhorov18,045RussiaInvestments
34Vladimir Potanin17.850Russianonferrous metals
35Alisher Usmanov17.757Russiasteel, telecom, stocks
36Azim Premji16.865IndiaSoftware
36Oleg Deripaska16.843Russiaaluminum
38Michael Otto & family16.667GermanyRetail
39Rinat Akhmetov16,044Ukrainesteel, coal mines
39Germán Larrea Mota-Velasco & family16,057MexicoMining
39John Paulson16,055United Stateshedge funds
42Shashi and Ravi Ruia15.867IndiaDiversified
43Mikhail Fridman15.146Russiaoil, banking, telecom
44Michael Dell14.646United StatesDell
44Susanne Klatten14.648GermanyBMW, pharmaceuticals
46Steve Ballmer14.554United StatesMicrosoft
46George Soros14.580United Stateshedge funds
48Berthold & Theo Albrecht Jr. & family14.4N/AGermanyAldi, Trader Joe's
49Birgit Rausing & family14,087Swedenpackaging
50Vagit Alekperov13.960RussiaLukoil
51Aliko Dangote13.853Nigeriasugar, flour, cement
52Mark Zuckerberg13.526United StatesFacebook
53Anne Cox Chambers13.491United StatesCox Enterprises
53Roman Abramovich13.444Russiasteel, investments
55Jorge Paulo Lemann13.371Brazilbeer
56Savitri Jindal & family13.260IndiaSteel
57Gerald Cavendish Grosvenor & family13,059United Kingdomreal estate
57Paul Allen13,058United StatesMicrosoft, investments
57Viktor Vekselberg13,053Russiaoil, metals
60Phil Knight12.773United StatesNike
61Carl Icahn12.575United Statesleveraged buyouts
61Robert Kuok12.587MalaysiaDiversified
63Mohammed Al Amoudi12.366Saudi Arabiaoil
64Donald Bren12,078United Statesreal estate
64Ron Perelman12,068United Statesleveraged buyouts
66Alberto Baillères Gonzalez & family11.979MexicoMining
67Francois Pinault & family11.574FranceRetail
68Joseph Safra11.472Brazilbanking
69Abigail Johnson11.349United StatesFidelity
70Viktor Rashnikov11.262RussiaSteel
71Leonardo Del Vecchio11,075Italyeyewear
72John Fredriksen10.766Cyprusshipping
72Stefan Quandt10.744GermanyBMW
74James Simons10.672United Stateshedge funds
75Luis Carlos Sarmiento10.578Colombiabanking
75Horst Paulmann & family10.576ChileRetail
77Nasser Al-Kharafi & family10.467Kuwaitconstruction
77Eliodoro, Bernardo & Patricia Matte10.4N/AChilepaper
79Sammy Ofer & family10.389Israelshipping
80Len Blavatnik10.153United StatesAccess Industries
81Forrest Mars10,079United Statescandy, pet food
81Klaus-Michael Kuhne10,073Germanyshipping
81John Mars10,074United Statescandy, pet food
81Jacqueline Mars10,071United Statescandy, pet food
81Hans Rausing10,084Swedenpackaging
81Ernesto Bertarelli & family10,045Switzerlandbiotech
81Gautam Adani10,048Indiacommodities, infrastructure
88Iskander Makhmudov9.947Russiamining, metals, machinery
89Johanna Quandt9.884GermanyBMW
89Maria-Elisabeth & Georg Schaeffler9.8N/AGermanyball bearings
89George Kaiser9.868United Statesoil & gas, banking
92German Khan9.649Russiaoil, banking, telecom
93Dmitry Rybolovlev9.544Russiafertilizer
93Ananda Krishnan9.572Malaysiatelecom
95Robin Li9.442ChinaInternet
96Serge Dassault & family9.385Franceaviation
97Kumar Birla9.243Indiacommodities
97Petr Kellner9.246Czech Republicinsurance
99Leonid Mikhelson9.155RussiaNatural gas
100Cheng Yu-tung9,085Hong Kongreal estate
101Georgina Rinehart9,057AustraliaMining
102Igor Zyuzin8.950RussiaSteel

See also

External links

Notes and References

  1. News: Carlos Slim Tops Forbes List of Billionaires for Second Year. March 10, 2011. Bloomberg. Elizabeth Ody. March 17, 2014.
  2. News: Steven Spielberg, Oprah Winfrey Drop in Forbes Billionaire Ranking. The Hollywood Reporter. March 9, 2011. Georg Szalai. March 15, 2014.
  3. News: Forbes' 2011 list of 'World's Billionaires' is biggest ever. Syracuse Post-Standard. Geoff Herbert. March 10, 2011. March 15, 2014.
  4. Web site: The World's Billionaires 2011. Forbes.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "The World's Billionaires 2011".

Except where otherwise indicated, Everything.Explained.Today is © Copyright 2009-2024, A B Cryer, All Rights Reserved. Cookie policy.