Post by Macmoish on Mar 9, 2011 22:56:38 GMT
Forbes "World Richest Billionaires"
#6 - Lakshmi Mittal
Lakshmi Mittal
$31.1 B Net Worth Calculated March 2011
Follow Lakshmi Mittal14Age: 60
Title: Chairman
Organization: ArcelorMittal ADS
Source: Steel, inherited and growing
Residence: London, United Kingdom
Country of citizenship: India
Education: BA/BS, St Xavier's College Calcutta
Marital Status: Married
Children: 2
World's Billionaires
#6 overall#1 in IndiaPowerful People
#44Digg0StumbleUpon0LinkedInReddit Profile
Billionaires: March 2011
Close Billionaires: March 2011Powerful People: November 2010Billionaires: March 2010Billionaires: March 2009India's Richest: October 2009Billionaires: March 2008India's Richest: November 2008Billionaires: March 2007India's Richest: November 2007Billionaires: March 2006
Net profits at his ArcelorMittal, world's largest steel-maker, are up 18-fold to $2.9 billion in 2010 due to recovery in steel demand and higher margins. Group spun off its stainless steel unit into Aperam, a new listed company, and also acquired Canadian miner Baffinland Iron Mines Corporation. It has funded a 377-foot sculpture called ArcelorMittal Orbit in London's Olympic Park for the 2012 Olympics. Europe's richest resident, he bought Alderbrook Park, a 340-acre country estate outside London, where he plans to build an eco-friendly country mansion for a reported $40 million. Daughter Vanisha acquired stake in Roc Capital Management, a New York hedge fund. Daughter-in-law Megha owns German fashion house Escada. more »
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#254 Bernard Ecclestone & family$4.2 B Net Worth Calculated March 2011
Follow Bernard Ecclestone & familyAge: 80
Source: Formula One, self-made
Residence: London, United Kingdom
Country of citizenship: United Kingdom
Marital Status: Divorced
Children: 2
Turned Formula One racing into globally popular sport. Sold his F1 stake in 2005 to CVC Capital Partners, then reinvested with CVC to make new joint company that now controls 100% of Formula One Group. With his 5.3% remaining stake Ecclestone, 80, still runs the $6 billion empire. American driver Zak Brown reportedly in line to succeed him but Ecclestone may not retire anytime soon. Got divorced in 2009 from former model and his wife of 24 years, Slavica, though it's unlikely split resulted in huge payout: wealth is tied up in offshore Bambino trust for his two socialite daughters, Tamara and Petra. Reportedly spent more than $160 million buying them posh houses in London last year. Increased his stake in premier league soccer club Queens Park Rangers to 62% in December 2010; that month was also mugged with his girlfriend outside his Hyde Park offices. Thieves took a watch engraved with his name and left him with a black eye.
www.forbes.com/wealth/billionaires#p_1_s_arank_-1__205
#6 - Lakshmi Mittal
Lakshmi Mittal
$31.1 B Net Worth Calculated March 2011
Follow Lakshmi Mittal14Age: 60
Title: Chairman
Organization: ArcelorMittal ADS
Source: Steel, inherited and growing
Residence: London, United Kingdom
Country of citizenship: India
Education: BA/BS, St Xavier's College Calcutta
Marital Status: Married
Children: 2
World's Billionaires
#6 overall#1 in IndiaPowerful People
#44Digg0StumbleUpon0LinkedInReddit Profile
Billionaires: March 2011
Close Billionaires: March 2011Powerful People: November 2010Billionaires: March 2010Billionaires: March 2009India's Richest: October 2009Billionaires: March 2008India's Richest: November 2008Billionaires: March 2007India's Richest: November 2007Billionaires: March 2006
Net profits at his ArcelorMittal, world's largest steel-maker, are up 18-fold to $2.9 billion in 2010 due to recovery in steel demand and higher margins. Group spun off its stainless steel unit into Aperam, a new listed company, and also acquired Canadian miner Baffinland Iron Mines Corporation. It has funded a 377-foot sculpture called ArcelorMittal Orbit in London's Olympic Park for the 2012 Olympics. Europe's richest resident, he bought Alderbrook Park, a 340-acre country estate outside London, where he plans to build an eco-friendly country mansion for a reported $40 million. Daughter Vanisha acquired stake in Roc Capital Management, a New York hedge fund. Daughter-in-law Megha owns German fashion house Escada. more »
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#254 Bernard Ecclestone & family$4.2 B Net Worth Calculated March 2011
Follow Bernard Ecclestone & familyAge: 80
Source: Formula One, self-made
Residence: London, United Kingdom
Country of citizenship: United Kingdom
Marital Status: Divorced
Children: 2
Turned Formula One racing into globally popular sport. Sold his F1 stake in 2005 to CVC Capital Partners, then reinvested with CVC to make new joint company that now controls 100% of Formula One Group. With his 5.3% remaining stake Ecclestone, 80, still runs the $6 billion empire. American driver Zak Brown reportedly in line to succeed him but Ecclestone may not retire anytime soon. Got divorced in 2009 from former model and his wife of 24 years, Slavica, though it's unlikely split resulted in huge payout: wealth is tied up in offshore Bambino trust for his two socialite daughters, Tamara and Petra. Reportedly spent more than $160 million buying them posh houses in London last year. Increased his stake in premier league soccer club Queens Park Rangers to 62% in December 2010; that month was also mugged with his girlfriend outside his Hyde Park offices. Thieves took a watch engraved with his name and left him with a black eye.
www.forbes.com/wealth/billionaires#p_1_s_arank_-1__205