Top 10 Richest Person in the World - 2008

1)Warren Edward Buffett is an American investor, businessman and philanthropist. He is the CEO and largest individual shareholder of his investment company, Berkshire Hathaway, which has reliably produced returns above those of the general stock market for more than two decades.With an estimated net worth of around US$62 billion,he was ranked by Forbes as the richest person in the world as of March 5, 2008.

2. Carlos Slim Helú is a Mexican businessman largely focused on the telecommunications industry and is the second richest man in the world with a net worth of around US $60 billion through his holdings.

Carlos has a substantial influence over the telecommunications industry in Mexico and much of Latin America as well.

Carlos studied engineering at the Universidad Nacional Autónoma de México. He married Soumaya Domit in 1967.


3) Bill Gates, the co-founder of Microsoft, is now ranked as the world's third richest person. At $58 billion, his net worth is up $2 billion from a year ago.


4) Steel giant Lakshmi Mittal placed fourth with 45 billion dollars Fortune: heritage and growth
Source: steel
Age: 58
State Of Citizenship: India
Residence: London
Industry: Steel
Education: St Xavier's College Calcutta, Bachelor of Arts / Science,
Marital Status: married, 2 children
Indian immigrants the world's steel company, ArcelorMittal was formed through a hostile takeover 3 years ago. Shares in the company make up most of his fortune; stock in 4-year low with the price of steel down 75% since last summer. Companies are forced to pay heavy fines after the French antitrust investigation 10 companies found guilty of steel price-fixing in the European market. Arcelor posted $ 2.6 billion loss in the last quarter, announced plans to slow acquisitions, cut capital expenditures, pay down debt. Started in the family steel business in the 1970s, branched out on their own in 1994. Originally purchased on the cheap in a steel factory in Eastern Europe. Company to buy 19.9% stake in Australia's Macarthur Coal last year. Also has pieces from Mumbai Indiabulls Group, London's Capital rab; have a stake in, sit on the board of Goldman Sachs. Hold the big money, has a 12-room mansion in London's posh Kensington environment.


5) Petrochemicals tycoon Mukesh Ambani placed fifth with 43 billion dollars


6) Anil Ambani at sixth position with 42 billion dollars


7) Ikea store chain owner Ingvar Kamprad was seventh at $31 billion.


8) Property magnate K.P. Singh came in eighth on the list, with a fortune estimated at 30 billion dollars.


9) Aluminum giant Oleg Deripaska was ninth at $28 billion.



10) Aldi store chain owner Karl Albrecht was 10th at $27 billion