UwidoNews

Micrsoft boss Bill Gates is the richest man in America. But the magazine maintained that, “One of the predictions is that Reliance Industries’ chief Mukesh Ambani, who currently has a net worth of 29 billion dollars, pips the World’s Richest Man Mexican businessman Carlos Slim to top Forbes’ rich list in 2014.”

Mukesh and Anil Ambani, steel czar Lakshmi Mittal and K.P. Singh, now the richest real estate baron, have been named by Forbes as the four Indians among the world’s top 10 richest people.The announcement saw Warren Buffett dethrone Microsoft co-founder Bill Gates as the world’s richest man. Gates had held the slot for 13 straight years.

Savitri Jindal, the non-executive chairperson of the Jindal Group has been named as the richest women in India by the Forbes magazine. In the recent list of the richest persons of India, 58 year old Savitri Jindal occupies the seventh position.

Petrochemicals giant Reliance Industries’ chief Mukesh Ambani has clinched the title of the world’s richest Indian from NRI steel tycoon Lakshmi Mittal, even as both of them saw their fortunes dwindle to less than half in a year, US magazine Forbes has said.
With a net worth of $19.5 billion, Mukesh Ambani has been ranked seventh in the global list, topped by software czar and Microsoft founder Bill Gates ($40 billion). Mukesh, who has lost more than $23 billion, was ranked at fifth position last year.

The wealthiest women on Earth have a combined net worth of $160 billion.
Click on the link to read the full story.
http://www.forbes.com/2009/06/09/worlds-richest-women-walton-bettencourt...

Mexico's most wanted man Joaquin "Shorty" Guzman, blamed for thousands of deaths in a drug war, has made it onto the Forbes Magazine list of the world's richest people with an estimated $1 billion fortune.Guzman, who is just 5 feet tall (1.55 metres), escaped from prison in 2001 to set off a wave of killings across Mexico in an attempt to dominate the country's highly lucrative drug trade into the United States.

Reliance Industries chairman Mukesh Ambani with a total wealth of $19.5 billion and NRI steel baron Lakshmi Mittal with a total wealth of $19.3 billion. topped the list of 24 Indians on the 2009 Forbes World Billionaire list. In the global list, Mukesh is ranked at the 7th position, while Mittal closely followed him at the 8th position

The level of economy in countries around the globe is not even. It is somewhere very high and somewhere very low. GDP, literacy rate and employment rate are several parameters of a country to determine the level of its economy. According to a report of the United Nations, hunger causes the death of about 25,000 people everyday. Unfortunately, the number of children is greater than that of adults. Consider several facts of income disparity between rich and poor nations to measure the cleavage between the haves and the haves not.

Even billionaires are feeling the pinch of the recession.Forbes released their Billionaires List Wednesday evening, including the world’s youngest plutocrats. The magazine’s Web site reported that the elite club of billionaires under 40 is a lot smaller this year. The average age of the world’s 20 youngest billionaires is 35 this year, up from last year’s average of 32.