Monday, December 12, 2011

8-10 Rich Man


8. Eike Batista

Net Worth: $30 billion – as on March, 2011            
Source: EBX Group                                            
Age: 53 years
Citizenship: Brazil
Brazils’ richest person is planning to make it rich in the total world and has plans to enter the London Stock Market with some of his companies getting the listings. He also announced opening of an office inNew York. Through his holding company, EBX Group, Batista controls different businesses such as mining, shipbuilding, energy, logistics, tourism and entertainment. He took in control of Canadian gold firm, Ventana, after a series of discussions which ended in February this year. About, 2/3rds of his fortune comes from OBX, the oil and gas exploration company which he founded in 2007. The company went onto become a public listing company a year later of its launch.


9. Mukesh Ambani

Net Worth: $27 billion – as on March, 2011                                                           
Source: Reliance Industries
Age: 53 years
Citizenship: India
Reliance Industries,India’s most valuable company and one of the top most oil and gas exploration company, recently has announced a partnership with BP, selling a stake of about 30% in 23 oil blocks inIndiafor $7.2 billion. They also announced a marketing joint venture with the firm. The complete deal is said to be one of the biggest Foreign Direct Investment inIndia. He is also very keen that there will be good results from shale gas, having brought three energy firms inAmericafor $3.3 billion each last year. He and his wife, Nita, hosted a party at their 27 storey palace in Mumbai recently. They are yet to move into the palace permanently.


10. Christy Walton                                                                  

Net Worth: $26.5 billion – as on March, 2011                        
Source: Walmart
Age: 55 years
Citizenship: United States of America
Walmart is a well known retail chain acrossUnited States of America. Widow of John Walton, Christy Walton, world’s richest woman inherited the wealth after the former Green Beret and Vietnam War medic died in an accident inWyomingin the year 2005. She boosted her wealth recently, after there has been a tremendous increase in the shares of First Solar, a whopping 500% after initial public offering. Though this is one of the sources of her income, the majority comes from the stake she holds in the retailer store chain, Wal-Mart, which was founded by her father-in-law Sam Walton. The annual sales of Wal-Mart touched $405 billion, which employs more than 2.1 million people. She is also a great philanthropist supporting museums, education and organic gardening.

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