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MEET THE RICHEST PEOPLE ON THE PLANET
Your Introduction to the world's wealthiest Billionaires

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Warren Buffet is the World Richest Man
Bill Gates slipped to third position
March 7, 2008
By Philip Fernando in Seattle for Asian Tribune
Seattle, 07 March, (Asiantribune.com):

The richest man in the world is Warren Buffett of Berkshire Hathaway Inc. USA. Bill Gates co-founder of Microsoft had been the top most billionaire for 13 years is now third in the list. Second to Buffet is Mexico’s techno-Mogul Carlos S Helu. Indian steel entrepreneur Lakshmi Mittal was fourth and one of four Indians in the top ten.

Buffett's wealth grew $10 billion, to about $62 billion, in the 12 months through February, mostly because of a gain in his company's shares, Forbes said Wednesday. Indian steel entrepreneur Lakshmi Mittal was fourth, the richest in Asia.

Brothers Mukesh and Anil Ambani, whose father founded the Reliance Group of companies, were fifth and sixth, and Kushal Pal Singh, who heads property developer DLF Ltd., moved up 54 spots, to eighth.

Bill Gates' fortune rose $2 billion, to $58 billion, but he fell to third on the list behind Mexican telecommunications magnate Carlos Slim, who has an estimated net worth of $60 billion.

Forbes's list shows wealth expanding in emerging markets around the globe, with Russia overtaking Germany as the second-richest country and 70 percent of newcomers coming from Russia, India, China and the U.S. In 2006, half of the top 20 billionaires came from the U.S. This year, there were four Americans. Ikea founder Ingvar Kamprad was seventh with $31 billion, making him the list's top European, while Russia's richest man, Oleg Deripaska, was ninth with $28 billion. Retired German supermarket magnate Karl Albrecht was 10th with $27 billion.

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Here's something I stumbled across which made me laugh because it seemed so appropriate for this site.

A letter to "Rich Bastards" from a bank!
(From New Scientist, 28 August 1993, Feedback column)

The National Westminster Bank admitted last month that it keeps personal information about its customers-such as their political affiliation-on computer. But now Computer Weekly reveals that a financial institution, sadly unnamed, has gone one better and moved into the realm of personal abuse.

The institution decided to mailshot 2000 of its richest customers, inviting them to buy extra services. One of its computer programmers wrote a program to search through its databases and select its customers automatically. He tested the program with an imaginary customer called Rich Bastard.

Unfortunately, an error resulted in all 2000 letters being addressed "Dear Rich Bastard". The luckless programmer was subsequently sacked.

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Billionaire News and Tips ...

I must admit that reseaching this information has been very enlightening, and loads of fun. Here's a few things I came up with:

How to Become a Billionaire by H. L. Hunt.

Wealth building habits for kids by John D. Rockerfeller, Jr.

4 Tips (Trumpisms) from Donald Trump.

8 Wealth Building Secrets from J Paul Getty.

Billionaire Revelations (including):

Which billionaire eats Happy Meals at McDonalds?

Which billionaire used to drive a beat up car?

Which billionaire paid $127 million for his London mansion?

The Real Estate Billionaires

Who was the highest paid English celebrity in 2004?

Who are the 40 richest celebrities in the USA under 40?

Hollywood's Richest Celebrities

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How to Become a Billionaire by H. L. Hunt

When H. L. Hunt was asked what does it take to become a billionaire he said:

1. You must know what you really want.

2. You must know what you are willing to sacrifice to get it. And be willing to do what it takes to accomplish it.

3. You must write it down.

Mr. Hunt in the latter years of his life had a personal income of over 5 million dollars a DAY. (He should know what he was taking about.)

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Wealth building habits for kids by John D. Rockerfeller, Jr

According to Nelson Rockerfeller, the one time Vice President of the United States, his father John D. Rockerfeller, Jr, gave each of his five sons an allowance "We got 25 cents a week, and had to earn the rest of the money we got."

To earn part of that extra money he raised vegetables and rabbits...

"We always worked. All the boys were required to keep personal daily account books. They were required to give 10 percent of their income to charity, to save 10 percent, and to account for all the rest."

They had to balance their account books every month and to be able to tell what happened to every penny they earned.

(From the book, Kids and Cash
Ken Davis and Tom Taylor, 1979, Oak Tree Publications)

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4 Tips (Trumpisms) from Donald Trump

Trumpism #1: Making It Big

“I like things big. I always have. To me, it’s very simple: if you’re going to be thinking anyway, you might as well think big.”

Trumpism #2: Accentuate the Negative

“It’s been said that I believe in the power of positive thinking. In fact, I believe in the power of negative thinking. I happen to be very conservative in business. I always go into the deal anticipating the worst. If you plan for the worst – if you can live with the worst – the good will always take care of itself.”

Trumpism #3: Hiding Your Light Under A Bushel

"You can have the most wonderful product in the world, but if people don’t know about it, it’s not going to be worth much.”

Trumpism #4: Show Me the Money

“Don’t believe the critics unless they love your work.”

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8 Wealth Building Secrets from J Paul Getty

Let the Wealth Building Secrets of one of America's greatest and famous Billionaire, J. Paul Getty inspire you to a great Achievement.

One of the shortcuts to building wealth is to learn from those who have achieved great wealth.

The late Billionaire John Paul Getty was known as one of the greatest wealth builders in American history.

He was kind enough to distill his building wealth rules for anyone who desires to amass wealth like him to follow.

Do you want to be fabulously rich? Then learn from the master wealth builder himself, and follow in his footsteps:

Building Wealth Secret No. 1:

To build wealth today, you must be in your own business.

You may think that the corporate executive with a $100,000 salary is better off than small shop owner, but the executive will be hard-pressed to double his income and taxes will eat up most of any increase.

The simplest peanut vendor has unlimited opportunity to expand his business and his income, and even salesmen, who in most cases are able to write their own paychecks, can control his sale increases himself.

Building Wealth Secret No. 2.

You must have a working knowledge of the business when you start and continue to increase your knowledge of it as you go along.

If you don't know what you're doing when you start, your mistakes will be costly and often unnecessary, and you won't be able to keep up with the technological explosions in any field.

Start smart and stay that way.

Building Wealth Secret No. 3.

You must save money in your personal life and in your business venture as well.

Discipline is the key to saving money. You must develop the will power to deny yourself immediate gratification or the temptation to gamble on the quick buck. Resources will be needed for expansion and should be guarded carefully.

Building Wealth Secret No. 4.

You must take risks, both with your own money or with borrowed money.

Risk-taking is essential to business growth.

Nelson Bunker Hunt is admired for his guts in trying to corner the silver market, not scorned for losing money on this deal.

Some of the richest men have staked their entire fortunes and lost, several times over, before the risk-taking paid off.

Back those risks with good judgment, experience, commitment, And the right support.

Seek advice on risks from the wealthy who still take risks, not friends who dare nothing more than a football bet.

Building Wealth Secret No. 5.

You must not only learn to live with tension, you must seek it out.

Thrive on stress! If it means getting physically fit, having a psychiatric overall or losing 50 pounds before you can handle it, do it.

Once you can learn to thrive on stress, you will not only enjoy it, you will seek it out willingly and enthusiastically and wonder how you could live any other way.

Men of means look at making money as a game which they love to play.

Consider it serious business and you will suffer far more stress than you need or want.

Keep your perspective or your stress level will rocket beyond your control.

Building Wealth Secret No. 6.

Build wealth as a by-product of your business success.

If wealth is your only object in business, you will probably fail.

Wealth is only a benefit of the game. If you win, the money will be there.

If you lose, and you will from time to time if you play long and hard enough, it must have been fun or it was not worth it.

Building Wealth Secret No. 7.

Patience.

This is the greatest business asset. Wait for the right time to make your moves.

Let your business grow naturally, not by pressing your luck.

Building Wealth Secret No. 8.

Diversify at the top.

Once you've made it, you'll understand that any business is limited in the challenges it offers.

You'll want and need other games to play, so you'll look for other ventures to hold your interest.

James Taris web sites

JamesTaris.com
LETS-Linkup.com
Rich-Bastards.com
Honey-BeeBooks.com
TheGloryOfAthens.com
TravelWithoutMoney.com
ChineseArt-ChineseArt.com
ShanghaiPhotoGuide.com
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