Posts

Showing posts with the label economy

If Only I Was So Rich ...

Image
The richest people in the world have gotten poorer, this year the world's billionaires have an average net worth of $3 billion, down 23% in 12 months. Americans account for 44% of the money, up seven percentage points from last year. Bill Gates lost $18 billion but regained his title as the world's richest man. The listed net worth figures represent the estimated value of assets less debt as of February 13, 2009. (Sources: Forbes, Wikipedia) Lakshmi Mittal ($19.3 bil) Photo: Ricardo Stuckert/PR Lakshmi Mittal is an Indian industrialist based in the United Kingdom, the chairman and CEO of ArcelorMittal, non-executive director of EADS, Goldman Sachs, and ICICI Bank. Facts: "Mittal Affair" ("Cash for Influence" or "Garbagegate")exposed the link between UK prime minister Tony Blair and Mittal After multiple fatalities in his mines, the employees have accused him of "slave labour" conditions. After a takeover of a US-based steelmaker, ISG, he