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I read this on Roger Hamilton's Facebook and thought it was very interesting. Enjoy... In 2000, Six of the Top Ten in the Forbes World Rich List were from the USA and none were from developing countries. In 2008, Only two US Billionaires (Gates & Buffett) remain in the Top 10, and half are now from the developing world. India has four billionaires in the Top 10. Year 2000 1. Bill Gates, USA - $60b 2. Larry Ellison, USA - $47b 3. Paul Allen, USA - $28b 4. Warren Buffett, USA - $25b 5. Theo & Karl Albrecht, Germany - $20b 6. Prince Alwaleed, Saudi Arabia - $20b 7. S. Robson Walton, USA - $20b 8. Masayoshi Son, Japan - $19b 9. Michael Dell, USA - $19b 10. Kenneth Thomson, Canada - $16b Year 2008 1. Warren Buffett, USA - $62b 2. Carlos Slim Helu, Mexico - $60b 3. Bill Gates, USA - $58b 4. Lakshmi Mittal, India - $45b 5. Mukesh Ambani, India - $43b 6. Anil Ambani, India - $43b 7. Ingvar Kamprad, Sweden - $31b 8. KP Singh, India - $30b 9. Oleg Deripaska, Russia - $28b 10. Karl Albrecht, Germany - $27b I wrote in 2002 that as the world economies cycled into winter we would see more metal profiles at the top of the Rich List. From two Creators (Gates & Ellison) in 2000, we now have two Accumulators (Buffett & Helu) at the top of the list. Behind are a series of Accumulators, Lords and Mechanics, from the rival Ambani brothers who have split the conglomerate Reliance, to the empires of Mittal (steel), Deripaska (aluminium) and Singh (property) and the chains of Albrecht (Aldi) and Kamprad (IKEA). Gates is now all on his lonesome as the sole Creator profile in the Top 10. While that trend will continue over the coming years, so will the trend towards Developing Countries. China and India saw their billionaire numbers increase by over 300% in the last year. Within five years, there's a high likelihood none of the Top 10 will be from the US. There are no comments. |