Sunday, January 07, 2007

The World's Top 20 Billionaires







Where the Billionairs live in the US. The size of the circle indicates the amount of wealth.











New York -
The 20 richest people in the world have a combined net worth of $439 billion, up $5 billion from last year. That accounts for 17% of the total wealth of the 793 billionaires on our list. To make it into the top 20, you’d need to have a net worth of at least $15.7 billion, inching up slightly over last year’s $15.5 billion.
At the top: Bill Gates, co-founder of software giant Microsoft (nasdaq: MSFT - news - people ), who remains the world’s richest man for record 12th straight year. This year, the gap widened between him and the world’s second richest, famed investor Warren Buffett, who controls Berkshire Hathaway (nyse: BRKA - news - people ).
The richest newcomer is Christy Walton, the widow of one of the heirs of Sam Walton, founder of Wal-Mart Stores (nyse: WMT - news - people ). Another new face is Roman Abramovich, the 39-year-old Russian oil baron turned investor. Returning to the top ten is Li Ka-shing, the owner of a massive conglomerate in Hong Kong.
Other members: a Mexican investor who chose to favor local telecom holdings over giant MCI (nasdaq: MCIP - news - people ), the heiress to the L'Oréal fortune, and the head of the largest steel company, Mittal Steel (nyse: MT - news - people ), who recently launched a hostile takeover bid for his closest rival. Overall, Americans continue to dominate the list, with ten members.


















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