POWERFUL PEOPLE and FRIENDS

(Authentic) POWERFUL PEOPLE "Truly" Serve Others WELL!

SLIM Beats GATES in First Daily BILLIONAIRE Ranking

SLIM Beats GATES  in First Daily BILLIONAIRE Ranking

 

Berkshire Hathaway Inc.


Carlos Slim, the telecommunications tycoon who controls Mexico's America Movil SAB (AMXL), is the richest person on Earth, according to the Bloomberg Billionaires Index, a daily ranking of the world's 20 wealthiest individuals.

The 72-year-old's net worth fell $478.4 million in a day to $68.5 billion as of the close of markets on March 2, as U.S. moguls Bill Gates and Warren Buffett placed second and third on the list compiled by Bloomberg News. Brazil's Eike Batista, who ranks 10th, still covets the top spot after vowing a year ago that he'd become the world's wealthiest man by 2015.

"I'm competitive," Batista, who trails Slim by almost $39 billion, said in a March 2 telephone interview from Rio de Janeiro. "It's Brazil's time to be No. 1. Brazilians have always admired the American dream. What's happening in Brazil is the Brazilian dream and I happen to be the example."

The Bloomberg Billionaires Index takes measure of the world's wealthiest people based on market and economic changes and Bloomberg News reporting. Each net worth figure is updated every business day at 5:30 p.m. in New York. The valuations are listed in U.S. dollars.

Today's ranking was published with the release of new billionaires profile pages in the Bloomberg Professional service. The profiles feature a transparent analysis of how each billionaire's fortune was calculated.

Slim's fortune has increased 11 percent this year, according to the index. A spokesman for Slim didn't immediately return a telephone request for comment.

Gates, Buffett

Gates, 56, co-founder of Microsoft Corp. (MSFT)in Redmond, Washington, is worth $62.4 billion, down $102.1 million on March 2 and up 11 percent year to date.

The fortune of Buffett, 81, chairman of Omaha, Nebraska- based Berkshire Hathaway Inc. (BRK/B), declined $336.9 million to $43.8 billion on March 2 and is up 2.4 percent in 2012. Almost all of Buffett's wealth is held in Berkshire Hathaway, the publicly traded holding company he has run since 1965.

The combined net worth of the 20 richest people is $676.8 billion. Nine are Americans, including three from the family of Sam Walton, the founder of Wal-Mart Stores Inc. (WMT)

Number seven is Larry Ellison, 67, chief executive officer of Redwood City, California-based Oracle Corp. (ORCL), the world's third-largest software maker after Microsoft and SAP AG. (SAP) His $38 billion fortune puts him $4 billion ahead of brothers Charles and David Koch, who each own 42 percent of Koch Industries Inc., one of the biggest closely held companies in the world by revenue. Charles, 76, and David, 71, control the Wichita, Kansas, refiner and chemical maker.

Batista, 55, whose investments range from iron ore to coal, is worth $29.8 billion, up $133.9 million on March 2. His fortune has grown 32 percent this year, the most on the list.

The House Wins

Sheldon Adelson, the casino magnate who owns 47 percent of Las Vegas Sands Corp. (LVS), which operates resorts in Macau and Las Vegas, is number 13 with $25.7 billion. Adelson, 78, and his family have pledged at least $10 million to a super-PAC supporting Newt Gingrich, a Republican presidential candidate.

Liliane Bettencourt, 89, who with her family owns 31 percent of Paris-based cosmetics company L'Oreal SA (OR), is last on the ranking. Bettencourt was the subject of an international scandal in 2007 when her daughter, Francoise Bettencourt Meyers, filed a lawsuit accusing a family friend, photographer Francois- Marie Banier, of exploiting her mother's frail state. Evidence later revealed Bettencourt had granted more than $1 billion in cash and gifts to Banier. In October, Meyers and two grandsons became guardians of the clan's $22.4 billion fortune.

Diluting Zuckerberg

Mark Zuckerberg, the 27-year-old founder of Facebook Inc. (FB), the world's largest social-networking company, didn't make the cut. Based on a roughly $100 billion valuation the Menlo Park, California-based company has been trading at in the private market, Zuckerberg's stake may be worth $21 billion, or about 25 percent less than previous estimates, once Facebook holds its initial public offering.

The reason: Facebook will issue more than 500 million shares of its Class B stock at the offering, diluting Zuckerberg's ownership to 21 percent after he exercises 120 million options and sells about 42 million shares to cover the tax bill associated with the gain from those options.

Sweden's Ingvar Kamprad is the richest European, according to the index, ranking fourth globally with a $42.5 billion net worth. Kamprad, 85, controls Ikea Group, the world's largest furniture retailer, through a series of trusts and foundations he asserts he doesn't own.

Luxury Goods

Bernard Arnault, the chairman of LVMH Moet Hennessy Louis Vuitton SA (MC) , places fifth. The majority of Arnault's $42.3 billion comes from his stake in Paris-based LVMH, the world's largest maker of luxury goods. Arnault, 63, controls about 46 percent of LVMH's outstanding stock through his family group, according to the company's latest annual report.

Amancio Ortega, whose publicly traded Inditex SA (ITX) owns the Zara clothing chain, is Spain's wealthiest individual and sixth in the world with a $38.8 billion fortune. Ortega, 75, has invested dividends from Arteixo-based Inditex into a real estate portfolio that owns office and retail properties in the U.S. and Europe.

No Russians appear in the index as falling metals prices hurt the fortunes of many of the richest oligarchs. Alisher Usmanov, 58, the Muscovite who controls the Metalloinvest metals and mining company and Digital Sky Technologies, which currently owns 5.5 percent of Facebook, is Russia's wealthiest person thanks to a $20.1 billion fortune.

Asia's Wealthiest

Mukesh Ambani, 54, leads Asians with a net worth of $26.8 billion, down $185.4 million in a day. His fortune is up 25 percent this year, according to the Bloomberg Billionaires Index, as his shares in India's top company by market value, Mumbai-based Reliance Industries Ltd. (RIL), have risen 17 percent.

Hong Kong's Li Ka-shing, nicknamed "Superman" by the local media for his investing prowess, ranks second in the region, with $25.8 billion. Li, 83, owns large stakes in Hong Kong-based property developer Cheung Kong Holdings Ltd. (1), Hong Kong shipping and ports operator Hutchison Whampoa Ltd. (13) and Husky Energy Inc. (HSE), the Calgary-based energy company.

Lakshmi Mittal, the India-born chairman of ArcelorMittal (MT), the world's biggest steelmaker, is the third-richest Asian, with holdings valued at $23.6 billion. In addition to his ArcelorMittal stake, the 61-year-old London resident owns hundreds of millions of dollars in U.K. real estate.

On the rise: Gina Rinehart, the Australian mining heiress who is worth $20.4 billion. Rinehart, 58, the daughter of the man who discovered the mines that made Australia the world's biggest iron ore exporter, inherited perpetual royalty rights to some of Rio Tinto Ltd. (RIO)'s Hamersley mines in addition to other thermal and iron-ore deposits throughout the country.

Soaring demand for coal and iron ore from China have made Rinehart's assets attractive to acquisitive industrial companies. In separate deals in the past year, steelmakers Posco and GVK Power & Infrasture Ltd. (GVKP) agreed to pay a combined $2.9 billion for pieces of Rinehart's empire.

To contact the reporters on this story: Matthew G. Miller in New York at mmiller144@bloomberg.net; Peter Newcomb in New York at pnewcomb2@bloomberg.net

To contact the editor responsible for this story: Matthew G. Miller at mmiller144@bloomberg.net



Views: 445

Comment

You need to be a member of POWERFUL PEOPLE and FRIENDS to add comments!

Join POWERFUL PEOPLE and FRIENDS

Badge

Loading…

GORDON PARKS Celebrating 100 years of his Life!

 

 Click here  http://anndandridgepublicrelations.ning.com/forum/topics/gordon-parks-legendary-american-photographer-musician-writer-and-

 

Martha Washington

Martha Washington aka Martha Dandridge READ about her Black Sister Ann Dandridge

Click here  http://j.mp/MqTr7C

 

 

The Brent Shapiro Foundation

Click here:  http://anndandridgepublicrelations.ning.com/profiles/blogs/the-brent-shapiro-foundation

.. Ann Dandridge "remembers" Dorothy Dandridge

Ann Dandridge

Promote Your Page Too..

 

PRINCESS Angela of Liechtenstein

Click here  http://j.mp/11UDSWK

WHITNEY HOUSTON by
(my client) Mark Bego

Click here: http://anndandridgepublicrelations.ning.com/profiles/blogs/whitney-...

Whitney Houston!: The Spectacular Rise and Tragic Fall of the Woman Whose Voice Inspired a Generation

 

I'm Searching for "Special" Individuals, Groups & Organizations to JOIN Us here at PPAF! MANY may "not" know my Purpose for Starting our PPAF Network. I'm Gathering EVERYONE Together who Helps to Improve the Quality of Life for Others! If you know of these People INVITE them to Join Us! Enjoy the information below!

 

 

DOLLY PARTON


Click here: http://anndandridgepublicrelations.ning.com/profiles/blogs/the-amazing-dolly-parton

 

 

 

 

WHITNEY HOUSTON - Yes JESUS Love Me (and You!)

More Great VIDEOS
Click here:  http://j.mp/rN8hpx

 

Attention ALL PPAF Members! I Pray to JEHOVAH GOD for all of You to become Excellent at Making Money

(Tools) and Helping to Improve the Quality of Life for Others in JESUS' Name!


 Image result for dr jerry buss
More about DR. JERRY BUSS  Click here  http://anndandridgepublicrelations.ning.com/profiles/blogs/dr-jerry-buss-owner-of-the-los-angeles-lakers

 

 

WHO Do You ADMIRE? Sometimes it's disturbing to see who People Admire and/or why they Admire Them. I admire EVERYONE who Loves their Neighbor as much as they Admire/Love Themselves! I admire PEOPLE who Respect Themselves & also Show Respect & Courtesy to OTHERS! Ann Dandridge

 

 

CHER - Children of the Night PSA


For MORE INFO Click here:  http://anndandridgepublicrelations.ning.com/profiles/blogs/dr-lois-lee-founder-president-


 

 

"WOW" - Children of the Night With Out Walls

Click here:

24 hour hotline and Shelter Intake
1 800 551 1300 x 0

Dr. Lois Lee – Founder & President x 125
Program Start-Up, Program Development, Fundraising, Legal Assistance and In-kind contributions

Our PPAF Resource Information Page Click here: http://anndandridgepublicrelations.ning.com/profiles/blogs/ppaf-resource-information-page

xxxx

 

 

Join ME on TWITTER! Go to:

www.twitter.com/anndandridge

 

 

Join ME on TWITTER! Go to:

www.twitter.com/anndandridge

 

DOROTHY DANDRIDGE

 

 

Join Us here on PPAF by putting UP your own Page! Scroll to the Top of this column where it says SIGN UP

 

 

 

 

Leila Lopes from Angola - Miss Universe 2011

Click here:  http://anndandridgepublicrelations.ning.com/profiles/blogs/pageants-and-beauty-competitions?id=2347143%3ABlogPost%3A91211&page=1#comments

 

 

Click below:
www.TheNannyTV.com

 

 

 

Welcome to POWERFUL PEOPLE and FRIENDS!

Nat3ddesign Graphics .. Ann Dandridge "remembers" Dorothy Dandridge Ann Dandridge Promote Your Page Too..

 

 

Welcome to Powerful People and Friends!


 

 

 


..Ann Dandridge "remembers" Dorothy Dandridge
Ann Dandridge
Promote Your Page Too..

Kathys Comments

Hello EVERYONE!
I'm ANN DANDRIDGE and I created this Wonderful Group for Everyone who's interested in Helping to Improve the Quality of Life for ALL! We're all Unique and different and I look forward to meeting People who are Not Conceited or Self-Centered. Loving Others as Much as You Love Yourself is More than Awesome! SHARING is Important & RARE!Kathys Comments

I'm interested in our site being filled with Wonderful People! If you know anyone who is interesting and unique be sure to invite them to become part of PPAF!

 

 

THEOLYNN

 

 

 

Actress-Model-Singer-Songwriter Couture Clothing Designer Fitness Consultant

 

 

 

www.inmag.com

Tell them Ann Dandridge sent You!

Dorothy Dandridge was born November 9, 1922, She is a Legendary Movie Star! EVERYONE is invited to Join Us here at PPAF by putting UP your own Page!
Click here:

 

 

 

Halle Berry

 

 

 

 

Halle Berry

 

 

 

 

Halle Berry

 

 

 

Halle (Oscar)

 

 

 

Tyra (Emmy)

 

 

 

Halle Berry

 

www.VanessaWilliams.com


www.AliciaKeys.com

WHITNEY HOUSTON

Click here: http://anndandridgepublicrelations.ning.com/video/heartbreak-hotel-whitney-houston-faith-evans-kelly-price

www.JoanCollins.net

RUTA LEE Click here http://anndandridgepublicrelations.ning.com/profiles/blogs/my-dazzling-friend-ruta-lee

 

 

Ruta Lee

 

www.Rihannanow.com

 

 

 

 

 

CHAKA KHAN

www.ChakaKhan.com

 

DONNA SUMMER
Click here:  http://anndandridgepublicrelations.ning.com/profiles/blogs/donna-summer-the-queen-of-disco-a-breathtaking-beauty?id=2347143%3ABlogPost%3A107608&page=1#comments

*******************

**********************

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

© 2019   Created by Ann Dandridge Public Relations.   Powered by

Badges  |  Report an Issue  |  Terms of Service