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Forbes Top 10 Billionaires list

Updated on August 27, 2012

Who's At The Top Of The List Right Now

Top 10 Billionaires

Top 10 Billionaires

Below is the list of the top 10 billionaires.

Carlos Slim Helu

Carlos Slim Helu retains the title of the world's richest man. He has held this title now for 3 years. I used to inadvertently work for him, when I managed the downtown San Francisco CompUSA store. I was once told that if he dropped a $100.00 bill, that he would actually lose money by stopping to pick it up. In May 2011, Slim was mentioned in Forbes' World's Biggest Givers after donating $4 billion to his foundation.

Bill gates

Gates was number one on the Forbes 400 list from 1993 through to 2007 and number one on Forbes list of The World's Richest People from 1995 to 2007 and 2009. In 1999, Gates's wealth surpassed $101 billion but has since decreased with all of the money that he has been donating through the Bill & Melinda Gates Foundation, which has donated over 26 billion dollars to date.

Warren Buffett

In 2008 he was ranked by Forbes as the richest person in the world with an estimated net worth of approximately US$62 billion. In 2009, after donating billions of dollars to charity, Buffett was ranked as the second richest man in the United States with a net worth of US$37 billion. His net worth now ranks at $44 billion. In 2006 he announced that he would transfer $30 billion in stock over 20 years into the Gates foundation. He has since given away $8.3 billion.

Bernard Arnault

According to Forbes magazine, Arnault is the richest person in Europe. The only thing I can find Arnault donating money is in 2011 when LVMH, a company in which Arnault is the Chairman & CEO, donated £3.75 million to the Japan Relief Fund.

Amancio Ortega Gaona

According to Forbes magazine, Arnault is in the global top 5 ranks for the first time. Ortega promotes the establishment of Padeia, an institution, which helps children and young people with handicaps. This is led by his first wife. In the year 2001 the Amancio Ortega donation, a private mechanism without a profit acquisition goal, was furnished. It is to promote activities to culture, research, science and education.

Larry Ellison

According to Forbes magazine, as of 2012, he is the third wealthiest American citizen, with an estimated worth of $36 billion. In 2010 Ellison was quoted as saying "Many years ago, I put virtually all of my assets into a trust with the intent of giving away at least 95 percent of my wealth to charitable causes. I have already given hundreds of millions of dollars to medical research and education, and I will give billions more over time. Until now, I have done this giving quietly—because I have long believed that charitable giving is a personal and private matter".

Eike Batista

According to Forbes in 2012, Batista had a net worth of $30.0 billion, making him the seventh wealthiest person in Brazil. Eike has given millions of dollars around the world. He plans on building a super-modern, digital city for about 250,000 people. He donated £38m to help fund a government "pacification" scheme which is attempting to rid the city of the armed drug gangs in Rio. He donated £9m for the campaign of a successful Olympic bid in Rio. Batista also donated $7 million for pop star, Madonna's, welfare projects. And has helped many hospitals in Rio with better and more updated equipment.

Stefan Persson

According to Forbes magazine, Persson had a net worth US$26 billion, making him the richest person in Sweden. Stefan Persson established the Erling-Persson Family Foundation in memory of his father to support various charitable causes worldwide. The Foundation donated millions of dollars to universities and foundations around the world.

Li Ka-shing

According to Forbes magazine,Li Ka-shing is the richest person of Asian descent in the world. He is a firm believer in the importance of quality education; and has devoted himself to the improvement of education in Hong Kong and Mainland China throughout the years. To expand the influence and reach of his philanthropy, he formed the Li Ka Shing Foundation in 1980. To date, LKSF has given over HK$12.8 billion (US$1.64 billion), in addition to Mr. Li’s contributions made through the Cheung Kong Group.

Karl Albrecht

According to Forbes magazine, Karl Albrecht is the wealthiest person in Germany as well as the oldest billionaire in the Top 20 list. Because Karl Albrecht has withdrawn himself from public life, little is known about him. I could not find anything on him donating to help others.

How did they become Billionaires

It seems that there are 3 different ways that these men became billionaires.

1) They started businesses when they were children.

2) They grew up poor and wanted to better themselves.

3) They were raised by successful businessmen.

It seems that most billionaires are not born with a silver spoon in hand. They start small and they keep at it, they think big and take calculated risks, they are committed and very competitive. Below are some quotes taken from rich and powerful men around the world.

“A good businessman must have nose for business the same way a journalist has nose for news. Once your eyes, ears, nose, heart and brain are trained on business, you sniff business opportunities everywhere.” _ Orji Uzor Kalu

“If you owe the bank $100, that’s your problem. If you owe the bank $100 million, that’s the bank’s problem.” _ J. Paul Getty

“Be careful when you take on debt. If you take on debt personally, make sure it is small. If you take on large debt, make sure someone else is paying for it.” _ Robert Kiyosaki

“The way to make money is to buy when blood is running in the streets.” _ John D. Rockefeller

"Rule No.1: Never lose money. Rule No.2: Never forget rule No.1." _ Warren Buffett

"When you live for others' opinions, you are dead." _ Carlos Slim Helu

"I just love it when people say I can't do it, there's nothing that makes me feel better because all my life, people have said that I wasn't going to make it.” _ Ted Turner

"If you can count your money, you don't have a billion dollars.” _ J. Paul Getty

"You can’t just ask customers what they want and then try to give that to them. By the time you get it built, they’ll want something new." _ Steve Jobs

"As I grow older, I pay less attention to what men say. I just watch what they do." _ Andrew Carnegie


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    • daskittlez69 profile image

      daskittlez69 5 years ago from midwest

      That is the one, it was at 750 Market street. Small world...

    • iTommyGuns profile image

      TommyGuns 5 years ago from Blakeslee, PA

      Was that the store on market street? I worked there one night in 2001 with apple as we prepped the store for Macworld.

    • daskittlez69 profile image

      daskittlez69 5 years ago from midwest

      Cogerson Thanks for stopping by. I agree I am surprised we do not hear about him more, especially with all of the money he has given to education and medical research.

    • Cogerson profile image

      UltimateMovieRankings 5 years ago from Virginia

      A very enjoyable hub to read....I really enjoyed the quotes you included in the hub...especially the Warren Buffet one. I think it is amazing that Larry Ellison does not get much press....but he is the third richest American behind only Gates and Buffet...but I imagine that for every 20 stories on Gates and Buffet.....there might be one on Ellison. Voted up and very interesting.

    • Patty Kenyon profile image

      Patty Kenyon 5 years ago from Ledyard, Connecticut

      Cool!!! I will check it out again then!!! Thanks for letting me know!!!

    • daskittlez69 profile image

      daskittlez69 5 years ago from midwest

      Hey Patty thanks for stopping by. I published the Hub on accident, I meant to click on preview and clicked publish by accident. I will finish the Hub in its entirety tomorrow.

    • Patty Kenyon profile image

      Patty Kenyon 5 years ago from Ledyard, Connecticut

      Interesting Hub!!! I have heard of many of them, but others I was unaware. Thanks for sharing!!!