China is now home to 64 billionaires – the most of any country outside the US – with 27 of them reaching the $1bn mark for the first time. Newcomers include Li Shufu, who runs Chinese car manufacturer Geely - which is on the verge of buying Volvo from Ford – and Fu Guangming who runs Fuijan Sunner Group which processes chicken for Kentucky Fried Chicken in China. Anyone catering to Chinese consumers is doing very well. The 14 self-made women on the 1,011-strong list have one interesting trend: Seven are in China.
Brazilian mining magnate Eike Batista saw a dramatic increase in his wealth over the year, up $19.5bn to $27bn, the biggest wealth gain of anyone on the list. Overall, the Forbes annual survey reflected a significant return in many billionaire’s fortunes, with the average net worth of those on the list rising from $3bn to $3.5bn, although that is perhaps not surprising as the cut-off date for the 2009 survey was February 13 2009, close to last year’s stock market lows. Aside from Messrs Slim and Gates, investment guru Warren Buffett took third place, with a fortune valued at $47bn, up $10bn from the prior year. Other notable constituents on the list include LVMH chief Bernard Arnualt, Europe’s richest man with a $27.5bn fortune. Ranked seventh, he has seen his fortune rise by $11bn in the last 12 months. Steel magnate Lakshmi Mittal saw his fortune increase $9.4bn to $28.7bn, pushing him up two spots to fifth place.
In terms of British billionaires, Sports Direct and Newcastle United owner Mike Ashley is now worth $1.5bn, while the Duke of Grosvenor and his family remain the wealthiest Britons, with a $12bn fortune, up $1bn in spite of the fall in the value of commercial property. One UK newcomer to the list is hedge fund manager Alan Howard – of Brevan Howard – with a net worth of $1.8bn, while David and Simon Reuben ($7.5bn), Sir Richard Branson ($4bn), and Joe Lewis ($3bn) all saw their fortunes increase in the last 12 months.Read more.
Western world standards for business, such as paying a fair, living wage to employees and paying taxes are increasingly driving good companies out of North America to offshore factories.
7 comments:
Dear friends
We do not agree with this year Brit awards decision.
Please go to see our little poll
http://micropoll.com/t/KDqOnZBCWt
Lady Gaga can not be better than ?????
Poll supported by BRIT awards 2010 sponsor femmestyle
[url=http://www.femmestyle.li/brustvergroesserung/preis.html]brustvergrößerung preis[/url]
Pet Shop Boys surprise lucky BRITs fan with a MasterCard Priceless Gig in their living room
Genial brief and this post helped me alot in my college assignement. Thanks you on your information.
DJ spins out on Saturday nights. *Rounds table format.
Theme Format: It is almost like standard format of the pub
quiz.
Feel free to surf to my web page clever pub quiz names
Hi, I do think this is an excellent web site. I stumbledupon it ;) I am going
to come back yet again since I book marked it. Money and freedom is the greatest way to change, may you be rich and continue to help others.
Check out my homepage canton schools
It is appropriate time to make a few plans for the future and it
is time to be happy. I have read this put up
and
if I may I desire to suggest you few fascinating
things or suggestions.
Maybe you could write subsequent articles referring to this article.
I desire to learn more issues about it!
Here is my website; dog costumes
Greetings! Very useful advice in this particular post! It is the little changes that will make the largest changes.
Thanks for sharing!
My web-site - continuing education Insurance Online
The decor on the inside of the restaurant is absolutely beautiful.
You must definitely be planning to make it special and memorable by keeping
a good theme, ordering the best food and choosing the best games.
They feature almost nightly drink specials and some form of entertainment every night of the
week--DJ's, live music, trivia, you name it.
Feel free to visit my homepage; pub quiz team names
Post a Comment