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Thursday 21 November 2013

The World's Richest Billionaires: Full List Of The Top 500

1. Carlos Slim Helu & family
Net Worth: $73 billion
Source of wealth: Telecom
Country: Mexico

2. Bill Gates
Net worth: 67 billion
Source of wealth: Microsoft, investments
Country: United States

3. Amancio Ortega
Net worth: 57 billion
Source of wealth: Zara
Country: Spain

4. Warren Buffett
Net Worth: 53.5 billion
Source of wealth: Berkshire Hathaway
Country: United States

5. Larry Ellison
Net worth: $43 billion
Source of wealth: Oracle
Country: United States

6. Charles Koch
Net worth: $34 billion
Source of wealth: diversified
Country: United States

6. David Koch
Net worth: $34 billion
Source of wealth: diversified
Country: United States

8. Li Ka-shing
Net worth: $31 billion
Source of wealth: diversified
Country: Hong Kong

9. Liliane Bettencourt
Net worth: $30 billion
Source of Wealth L’Oreal
Country: France

10. Bernard Arnault
Net worth: $29 billion
Source of wealth: LVMH
Country: France

11. Christy Walton & family
Net worth: $28.2 billion
Source of wealth: Wal-Mart
Country: United States
12. Stefan Persson
Net worth: $28 billion
Source of wealth: H&M
Country: Sweden
13. Michael Bloomberg
Net worth: $27 billion
Source of wealth: Bloomberg LP
Country: United States
14. Jim Walton
Net worth: $26.7 billion
Source of wealth: Wal-Mart
Country: United States
15., Sheldon Adelson
Net worth: $26.5 billion
Source of wealth: casinos
Country: United States
16. Alice Walton
Net worth: $26.3 billion
Source of wealth: Wal-Mart
Country: United States
17. S. Robson Walton
Net worth: $26.1 billion
Source of wealth: Wal-Mart
Country: United States
18. Karl Albrecht
Net worth: $6 billion
Source of wealth: Aldi
Country: Germany

19. Jeff Bezos
Net worth: $25.2 billion
Source of wealth: Amazon.com
Country: United States
20. Larry Page
Net worth: $23 billion
Source of wealth: Google
Country: United States
21. Sergey Brin billion
Net worth: $22.8
Source of wealth: Google
Country: United States
22. Mukesh Ambani
Net worth: $21.5 billion
Source of wealth: petrochemicals, oil & gas
Country: India
23. Michele Ferrero & family
Net worth: $20.4 billion
Source of wealth: chocolates
Country: Italy
24. Lee Shau Kee
Net worth: $20.3 billion
Source of wealth: diversified
Country: Hong Kong
24. David Thomson & family
Net worth: $20.3 billion
Source of wealth: media
Country: Canada
26. Carl Icahn
Net worth: $20 billion
Source of wealth: leveraged buyouts
Country: United States
26.Thomas & Raymond Kwok & family
Net worth: $20 billion
Source of wealth: real estate
Country: Hong Kong
28. Prince Alwaleed Bin Talal Alsaud
Net worth: $19.6 billion
Source of wealth: investments
Country: Saudi Arabia
29.Dieter Schwarz
Net worth: $19.5 billion
Source of wealth: Returnee, retail
Country: Germany
30. George Soros
Net worth: $19.2 billion
Source of wealth: hedge funds
Country: United States
31. Theo Jr. & family Albrecht
Net worth: $18.9 billion
Source of wealth: Aldi, Trader Joe’s
Country: Germany
32. Alberto Bailleres Gonzalez & family
Net worth: $18.2 billion
Source of wealth: mining
Country: Mexico
33. Jorge Paulo Lemann
Net worth: $17.8 billion
Source of wealth: beer
Country: Brazil
34. Alisher Usmanov
Net worth: $17.6 billion
Source of wealth: steel, telecom, investments
Country: Russia
35. Iris Fontbona & family
Net worth: $17.4 billion
Source of wealth: mining
Country: Chile
36. Forrest Mars Jr
Net worth: $17 billion
Source of wealth: candy
Country: United States
36. Jacqueline Mars
Net worth: $7 billion
Source of wealth: candy
Country: United States
36. John Mars
Net worth: $17 billion
Source of wealth: candy
Country:United States
36. Georgina Rinehart
Net worth: $17 billion
Source of wealth: Mining
Country: Australia
40. German Larrea Mota Velasco & family
Net worth: $16.7 billionaire
Source of wealth: mining
Country: Mexico
41. Mikhail Fridman
Net worth: $16.5 billion
Source of wealth: oil, banking, telecom
Country: Russia
41. Lakshmi Mittal
Net worth: $16.5 billion
Source of wealth: steel
Country: India
43. Aliko Dangote
Net worth: $16.1 billion
Source of wealth: cement, sugar, flour
Country: Nigeria
44. Len Blavatnik
Net worth: $16 billion
Source of wealth: diversified
Country: United States
44. Cheng Yu-tung
Net worth: $16 billion
Source of wealth: diversified
Country: Hong Kong
46. Joseph Safra
Net worth: $15.9 billion
Source of wealth: banking
Country: Brazil
47. Rinat Akhmetov
Net worth: $15.4 billion
Source of wealth: steel, coal
Country: Ukraine
47. Leonid Mikhelson
Net worth: $15.4 billion
Source of wealth: gas, chemicals
Country: Russia
49. Michael Dell
Net worth: $15.3 billion
Source of wealth: Dell
Country: United States
49. Leonardo Del Vecchio
Net worth: $15.3 billion
Source of wealth: eyeglasses
Country: Italy
51. Steve Ballmer
Net worth: $15.2 billion
Source of wealth: Microsoft
Country: United States
52. Viktor Vekselberg
Net worth: $15.1 billion
Source of wealth: oil, metals
Country: Russia
53. Paul Allen
Net worth: $5 billion
Source of wealth: Microsoft, investments
Country: United States
53. Francois Pinault & family
Net worth: $15 billion
Source of wealth: retail
Country: France
55. Vagit Alekperov
Net worth: $14.8 billion
Source of wealth: Lukoil
Country: Russia
56. Phil Knight
Net worth: $14.4 billion
Source of wealth: Nike
Country: United States
56. Andrey Melnichenko
Net worth: $14.4 billion
Source of wealth: coal, fertilizers
Country: Russia
58. Dhanin Chearavanont & family
Net worth: $14.3 billion
Source of wealth: Food
Country: Thailand
58. Susanne Klatten
Net worth: $14.3 billion
Source of wealth: BMW, pharmaceuticals
Country: Germany
58. Vladimir Potanin
Net worth: $14.3 billion
Source of wealth: metals
Country: Russia
61. Michael Otto & family
Net worth: $14.2 billion
Source of wealth: retail, real estate
Country: Germany
62. Vladimir Lisin
Net worth: $14.1 billion
Source of wealth: steel, transport
Country: Russia
62. Gennady Timchenko
Net worth: $14.1 billion
Source of wealth: oil & gas
Country: Russia
64. Luis Carlos Sarmiento
Net worth: $13.9 billion
Source of wealth: banking
Country: Colombia
65. Mohammed Al Amoudi
Net worth: $13.5 billion
Source of wealth: oil, diversified
Country: Saudi Arabia
66. Tadashi Yanai & family
Net worth: $13.3 billion
Source of wealth: retail
Country: Japan
66. Mark Zuckerberg
Net worth: $13.3 billion
Source of wealth: Facebook
Country: United States
68. Henry Sy & family
Net worth: $13.2 billion
Source of wealth: diversified
Country: Philippines
69. Donald Bren
Net worth: $13 billion
Source of wealth: real estate
Country: United States
69. Serge Dassault & family
Net worth: $13 billion
Source of wealth: aviation
Country: France
69. Lee Kun-Hee
Net worth: $13 billion
Source of wealth: SAMSUNG
Country: South Korea
69, Mikhail Prokhorov
Net worth: $13 Down
Source of wealth: investments
Country: Russia
73. Alexey Mordashov
Net worth: $12.8 billion
Source of wealth: steel, investments
Country: Russia
74. Antonio Ermirio de Moraes & family
Net worth: $12.79 billion
Source of wealth: diversified
Country: Brazil
74. Abigail Johnson
Net worth: $12.79 billion
Source of wealth: money management
Country: United States
76. Ray Dalio
Net worth: $12.59 billion
Source of wealth: hedge funds
Country: United States
76. Robert Kuok
Net worth: $12.59 billion
Source of wealth: diversified
Country: Malaysia
78. Miuccia Prada
Net worth: $12.49 billion
Source of wealth: Prada
Country: Italy
79. Ronald Perelman
Net worth: $12.29 billion
Source of wealth: leveraged buyouts
Country: United States
80. Anne Cox Chambers
Net worth: $129 billion
Source of wealth: media
Country: United States
81.Stefan Quandt
Net worth: $11.9 billion
Source of wealth: BMW
Country: Germany
82. Ananda Krishnan
Net worth: $11.7billion
Source of wealth: telecoms
Country: Malaysia
82. Alejandro Santo Domingo Davila
Net worth: $11.7 billion
Source of wealth: beer
Country: Colombia
82. James Simons
Net worth: $11.7 billion
Source of wealth: hedge funds
Country: United States
82. Charoen Sirivadhanabhakdi
Net worth: $11.7 billion
Source of wealth: Drinks
Country: Thailand
86. Zong Qinghou
Net worth: $11.6 billion
Source of wealth: beverages
Country: China
87. Dirce Navarro De Camargo & family
Net worth: $11.5 billion
Source of wealth: Returnee, construction
Country: Brazil
87. John Fredriksen
Net worth: $11.5billion
Source of wealth: shipping
Country: Cyprus
89. Gerald Cavendish Grosvenor & family
Net worth: $11.4 billion
Source of wealth: real estate
Country: United Kingdom
90. Harold Hamm
Net worth: $11.3 billion
Source of wealth: oil & gas
Country: United State
91. Rupert Murdoch
Net worth: $11.2 billion
Source of wealth: News Corp
Country: United States
91. John Paulson
Net worth: $11.2 billion
Source of wealth: hedge funds
Country: United States
91. Azim Premj
Net worth: $11.2 billion
Source of wealth: software
Country: India
94. Ernesto Bertarelli & family
Net worth: $11 billion
Source of wealth: biotech, investments
Country: Switzerland
94. Charlene de Carvalho-Heineken
Net worth: $11 billion
Source of wealth: Heineken
Country: Netherlands
94. Hans Rausing
Net worth: $11 billion
Source of wealth: packaging
Country: Sweden
94. Jack Taylor & family
Net worth: $11 billion
Source of wealth: Enterprise Rent-A-Car
Country: United States
98. Lui Che Woo
Net worth: $10.7 billion
Source of wealth: gaming
Country: Hong Kong
98. Laurene Powell Jobs & family
Net worth: $10.7 billion
Source of wealth: Apple, Disney
Country: United States
10. Eike Batista
Net worth: $10.6 billion
Source of wealth: mining, oil
Country: Brazil
100. Charles Ergen
Net worth: $10.6 billion
Source of wealth: EchoStar
Country: United States
100. Johanna Quandt
Net worth: $10.6 billion
Source of wealth: BMW
Country: Germany

CBN seeks increase in Nigeria’s external reserve

The Central Bank of Nigeria (CBN) has urged the Federal Government to increase the country’s external reserves.
The CBN Governor, Mr Lamido Sanusi, made the call at a news briefing after the bank’s Monetary Policy Committee (MPC meeting in Abuja on Tuesday.
He said the measure became necessary to safeguard the country’s financial market.
Sanusi said the country’s financial market was “extremely fragile’’ and susceptible to external shocks due to its low external reserves.
“ The committee noted that the increase in external reserves to 45.37 billion U.S dollars as at November 15, 2013, representing an increase of 2.85 per cent above the 44.11 billion U.S dollars as at end of September 2013.
“The committee continues to express its disappointment at the low rate of reserve accretion in spite of strong oil prices, which is a result of absence of fiscal savings,’’ he said.
Sanusi said although government had moderated its spending in the second half of the year, the country’s Excess Crude Account (ECA) was diminishing.
“The erosion of fiscal buffers through the depletion of the ECA has further exposed the economy to vulnerabilities while the fall in oil revenue has left capital inflows as the only source of external reserve accretion.
“The Federal Government debt has also risen phenomenally along with its deposit money banks, showing the government as a net creditor to the system.
“This underscores the urgent need for immediate implementation of the Treasury Single Account.

“The continued delay in returning government accounts to the Central Bank is adding to the huge cost of government debt due to poor cash flow management,’’ he said.
The CBN governor called on the fiscal authorities to rebuild buffers in the ECA by blocking fiscal leakages in the oil sector and increasing oil revenues.
Sanusi said the MPC was retaining the Monetary Policy Rate (MPR) also known as lending rate at 12 per cent.
“Nine members voted to keep the MPR at 12 per cent, plus or minus 2 per cent, private sector Cash Reserve Ratio (CRR) at 12 per cent, Public sector CRR at 50 per cent, and liquidity ratio at 30 per cent.
“One member voted for a 0.5 per cent reduction in MPR and an increase in public sector CRR from 50 per cent to 75 per cent
“One member voted for a 0.5 per cent reduction in MPR and an increase in public sector CRR, from 50 per cent to 100 per cent.
“The committee has, therefore, decided by majority vote of nine to two to hold all rates at current level.”
The News Agency of Nigeria (NAN) reports that for over a year, the MPC continues to retain the 12 per cent benchmark lending rate (MPR) to ensure price and exchange rate stability.
Sanusi also said the Asset Management Corporation of Nigeria (AMCON) was expected to reduce its debt by one trillion naira by December.
He added that the transaction was not expected to have any impact on the money market because the debt would be paid for, by exchanging them for a Federal Government Treasury Bill.
“So, in essence, the only impact of the repayment is that the balance sheet of AMCON will shrink by one trillion naira,’’ he said.
Sanusi said the committee had studied global monetary conditions and did not anticipate any major internal or external shocks before its next meeting in January 2014. (NAN)

Davido To Give Out N1million On His 21st Birthday

The 20 year old star will be 21 November 21st 2013 and is already looking forward to the feast and how much he’ll be balling, like he always does. Last year on his birthday someone went away with N500,000 and this year he is double it up. Davido tweets; - See more at: http://www.ngtrends.com/2013/11/davido-give-n1million-21st-birthday/#sthash.LvBabY33.dpuf

Read More at http://www.ngtrends.com/2013/11/davido-give-n1million-21st-birthday/, Written by Ayex Mon£y, Copyright © NG Trends

Wednesday 11 September 2013

Actress moves into N200 million mansion

Abuja - Nollywood superstar Genevieve Nnaji has reportedly purchased and moved into her brand new N200 million mansion in Ikoyi, Lagos.

The actress has reportedly moved out of the residence she shared with her best friend Chinny Onwugbenu, Gabriel Hitruxt shares.

The actress was spotted at the premiere of the film Half Of A Yellow Sun in Toronto, Canada last weekend looking so dazzling. She plays the character Miss Adebayo in the film.

Three months after buying a twin duplex in Sangotedo, Lekki, Lagos, superstar actress Genevieve Nnaji has made another pleasantly surprising acquisition – a fabulous mansion in the highbrow Park View Estate, Ikoyi, Lagos.

The actress who turned 34 on May 3, 2013, has already moved into the new crib, according to NET investigations. ‘She is still putting a few things in place like electronics and fittings, but she’s moved in already’ a source privy to the details tells us in anonymity. Before the recent move, Genny lived in Lekki with bestie Chinny Onwugbenu

Sources say the property may have cost the sexy actress who is one of Africa’s most celebrated actors over N200 million. To avoid the media exposure, a source says the actress has decided to keep mum on the deal until she completes the renovation of the newly-purchased house. ‘Genny has been very coded about her relocation and has tried to hard to keep this information from the press because she values her privacy’, one of her friends who spoke with us said.

The new property will be her home for now. We were unable to immediately confirm if she will move to join her parents in Lekki upon completion of the Sangotedo property. The actress who on popular US talk show, Oprah was referred to as Africa’s Julia Roberts, she was featured on ELLE’s website as one of seven international superstars who are the ‘Next Big Crossover Acts’ for 2013.

Meanwhile, over the weekend, the actress was in Toronto, Canada for the premiere of the much-anticipated movie, ‘Half of a Yellow Sun‘ where she plays Miss Adebayo.

Lets Celebrate her.

Events: Corporate Elites and Awards Celebration

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