The World's Billionaires 2011

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.[1]

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.[2]

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.[1] 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.[1]

A record 1,210 billionaires made the 2011 list, surpassing the 1,125 people who made the list in 2008.[2] 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.[2]

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.[1] Of those, 54 were from China and 31 from Russia.[2]

Top 10

No. Name Net worth (USD) Age Citizenship Source(s) of wealth
1 SteadyCarlos Slim$74.0 billion Increase71MexicoTelmex, América Móvil, Grupo Carso
2 SteadyBill Gates$56.0 billion Increase55United StatesMicrosoft
3 SteadyWarren Buffett$50.0 billion Increase80United StatesBerkshire Hathaway
4 IncreaseBernard Arnault$41.0 billion Increase62FranceLVMH Moët Hennessy • Louis Vuitton
5 IncreaseLarry Ellison$39.5 billion Increase66United StatesOracle Corporation
6 DecreaseLakshmi Mittal$31.1 billion Increase60IndiaArcelor Mittal
7 IncreaseAmancio Ortega$31.0 billion Increase74SpainInditex Group
8 SteadyEike Batista$30.0 billion Increase53BrazilEBX Group
9 DecreaseMukesh Ambani$27.0 billion Decrease54IndiaReliance Industries
10 IncreaseChristy Walton & family$26.5 billion Increase55United StatesWalmart
Legend
Icon Description
Steady Has not changed from the previous year's list
Increase Has increased from the previous year's list
Decrease Has decreased from the previous year's list

Top 100[4]

No. Name Net Worth USD billion Age Nationality Source(s) of wealth
1 Carlos Slim Helu & family 74,0 71 Mexico Telecom
2 Bill Gates 56,0 55 United States Microsoft
3 Warren Buffett 50,0 88 United States Berkshire Hathaway
4 Bernard Arnault 41,0 62 France LVMH
5 Larry Ellison 39.5 66 United States Oracle
6 Lakshmi Mittal 31.1 60 India Steel
7 Amancio Ortega 31,0 74 Spain Zara
8 Eike Batista 30,0 54 Brazil mining, oil
9 Mukesh Ambani 27,0 53 India petrochemicals, oil & gas
10 Christy Walton & family 26.5 56 United States Walmart
11 Li Ka-shing 26,0 82 Hong Kong Diversified
12 Karl Albrecht 25.5 91 Germany Aldi
13 Stefan Persson 24.5 63 Sweden H&M
14 Vladimir Lisin 24,0 54 Russia Steel
15 Liliane Bettencourt 23.5 88 France L'Oréal
16 Sheldon Adelson 23.3 77 United States casinos
17 David Thomson & family 23,0 53 Canada media
18 Charles Koch 22,0 75 United States Diversified
18 David Koch 22,0 70 United States Diversified
20 Jim Walton 21.3 63 United States Walmart
21 Alice Walton 21.2 61 United States Walmart
22 S. Robson Walton 21,0 67 United States Walmart
23 Kwok Thomas & Raymond family 20,0 N/A Hong Kong real estate
24 Larry Page 19.8 37 United States Google
24 Sergey Brin 19.8 37 United States Google
26 Prince Al Waleed bin Talal Al Saud 19.6 56 Saudi Arabia Investments
27 Iris Fontbona & family 19.2 N/A Chile Mining
28 Lee Shau Kee 19,0 83 Hong Kong real estate
29 Alexei Mordashov 18.5 45 Russia Steel
30 Michael Bloomberg 18.1 69 United States Bloomberg
30 Jeff Bezos 18.1 47 United States Amazon
32 Michele Ferrero & family 18,0 84 Italy chocolates
32 Mikhail Prokhorov 18,0 45 Russia Investments
34 Vladimir Potanin 17.8 50 Russia nonferrous metals
35 Alisher Usmanov 17.7 57 Russia steel, telecom, stocks
36 Azim Premji 16.8 65 India Software
36 Oleg Deripaska 16.8 43 Russia aluminum
38 Michael Otto & family 16.6 67 Germany Retail
39 Rinat Akhmetov 16,0 44 Ukraine steel, coal mines
39 Germán Larrea Mota-Velasco & family 16,0 57 Mexico Mining
39 John Paulson 16,0 55 United States hedge funds
42 Shashi and Ravi Ruia 15.8 67 India Diversified
43 Mikhail Fridman 15.1 46 Russia oil, banking, telecom
44 Michael Dell 14.6 46 United States Dell
44 Susanne Klatten 14.6 48 Germany BMW, pharmaceuticals
46 Steve Ballmer 14.5 54 United States Microsoft
46 George Soros 14.5 80 United States hedge funds
48 Berthold & Theo Albrecht Jr. & family 14.4 N/A Germany Aldi, Trader Joe's
49 Birgit Rausing & family 14,0 87 Sweden packaging
50 Vagit Alekperov 13.9 60 Russia Lukoil
51 Aliko Dangote 13.8 53 Nigeria sugar, flour, cement
52 Mark Zuckerberg 13.5 26 United States Facebook
53 Anne Cox Chambers 13.4 91 United States Cox Enterprises
53 Roman Abramovich 13.4 44 Russia steel, investments
55 Jorge Paulo Lemann 13.3 71 Brazil beer
56 Savitri Jindal & family 13.2 60 India Steel
57 Gerald Cavendish Grosvenor & family 13,0 59 United Kingdom real estate
57 Paul Allen 13,0 58 United States Microsoft, investments
57 Viktor Vekselberg 13,0 53 Russia oil, metals
60 Phil Knight 12.7 73 United States Nike
61 Carl Icahn 12.5 75 United States leveraged buyouts
61 Robert Kuok 12.5 87 Malaysia Diversified
63 Mohammed Al Amoudi 12.3 66 Saudi Arabia oil
64 Donald Bren 12,0 78 United States real estate
64 Ron Perelman 12,0 68 United States leveraged buyouts
66 Alberto Baillères Gonzalez & family 11.9 79 Mexico Mining
67 Francois Pinault & family 11.5 74 France Retail
68 Joseph Safra 11.4 72 Brazil banking
69 Abigail Johnson 11.3 49 United States Fidelity
70 Viktor Rashnikov 11.2 62 Russia Steel
71 Leonardo Del Vecchio 11,0 75 Italy eyewear
72 John Fredriksen 10.7 66 Cyprus shipping
72 Stefan Quandt 10.7 44 Germany BMW
74 James Simons 10.6 72 United States hedge funds
75 Luis Carlos Sarmiento 10.5 78 Colombia banking
75 Horst Paulmann & family 10.5 76 Chile Retail
77 Nasser Al-Kharafi & family 10.4 67 Kuwait construction
77 Eliodoro, Bernardo & Patricia Matte 10.4 N/A Chile paper
79 Sammy Ofer & family 10.3 89 Israel shipping
80 Len Blavatnik 10.1 53 United States Access Industries
81 Forrest Mars 10,0 79 United States candy, pet food
81 Klaus-Michael Kuhne 10,0 73 Germany shipping
81 John Mars 10,0 74 United States candy, pet food
81 Jacqueline Mars 10,0 71 United States candy, pet food
81 Hans Rausing 10,0 84 Sweden packaging
81 Ernesto Bertarelli & family 10,0 45 Switzerland biotech
81 Gautam Adani 10,0 48 India commodities, infrastructure
88 Iskander Makhmudov 9.9 47 Russia mining, metals, machinery
89 Johanna Quandt 9.8 84 Germany BMW
89 Maria-Elisabeth & Georg Schaeffler 9.8 N/A Germany ball bearings
89 George Kaiser 9.8 68 United States oil & gas, banking
92 German Khan 9.6 49 Russia oil, banking, telecom
93 Dmitry Rybolovlev 9.5 44 Russia fertilizer
93 Ananda Krishnan 9.5 72 Malaysia telecom
95 Robin Li 9.4 42 China Internet
96 Serge Dassault & family 9.3 85 France aviation
97 Kumar Birla 9.2 43 India commodities
97 Petr Kellner 9.2 46 Czech Republic insurance
99 Leonid Mikhelson 9.1 55 Russia Natural gas
100 Cheng Yu-tung 9,0 85 Hong Kong real estate
101 Georgina Rinehart 9,0 57 Australia Mining
102 Igor Zyuzin 8.9 50 Russia Steel

See also

References

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