Top 10 Richest People in the World The following list is Forbes ranking of an assessment of the wealth and assets

s of the worlds People as of March 10, 2011, and does not reflect changes since then. There are 1,210 names in this years list. Top 10 Richest People Biography, Top 10 Richest People NetWorth, Top 10 Richest People Soures Details

1. Carlos Slim
NetWorth

US$ 74 billion (Claro, Embratel, Telmex)

The Mexican billionaire Carlos Slim, the chairman and CEO of telecommunication companies Telmex and Amrica Mvil group, with a fortune valued at $ 74 billion, once again won the title of richest man in the world. Last year, Slim has increased his wealth in no less than ,5 billion

Amrica Mvil, which at 2010 was Latin Americas largest mobile-phone carrier, accounted for around US billion of his wealth by the end of 2010. His corporate holdings at February 2011 have been estimated at US billion and from these estimates he is the wealthiest person in the world.

2. Bill Gates
NetWorth US$

56 billion (Microsoft)

Bill Gates born October 28, 1955 is an American business magnate, philanthropist, author, and is chairman of Microsoft, the software company he founded with Paul Allen. He is consistently

ranked among the worlds wealthiest people and was the wealthiest overall from 1995 to 2009, excluding 2008, when he was ranked third.

The Microsoft Corp. founders wealth was estimated at billion, up from billion in 2009. The collective net worth of the 400 billionaires rose by 8% this year, to .37 trillion

3. Warren Buffett
NetWorth US$

50 billion (Berkshire Hathaway)

Warren Buffett born August 30, 1930 is an American investor, industrialist and philanthropist. He is widely regarded as one of the most successful investors in the world. Often called the legendary investor, Warren Buffett, he is the primary shareholder, chairman and CEO of Berkshire Hathaway.

Last year Americas most beloved investor was the worlds richest man. This year he has to settle for second place after losing billion in 12 months. Shares of Berkshire Hathaway down 45% since last March.

4. Bernard Arnault
NetWorth

US$ 41 billion (LVMH)

Bernard Arnault born 5 March 1949 is a French businessman. He is the founder, chairman, and CEO of LVMH, a large luxury goods conglomerate consisting of over fifty luxury brands, including Louis Vuitton, Dior, and Fendi. According to Forbes Magazine, Arnault is the worlds 4th and Europes richest person, with a 2011 net worth of US billion.

The stellar year at LVMH came largely from success in its handbag and champagne divisions. All told, LVMH revenues reached 20.3 billion (.26 billion), up from 17.1 billion in 2009. Total profits exceeded 4 billion. Arnaults burgeoning billion net worth landed him the No. 4 spot on this years list of the worlds billionaires.

5. Larry Ellison
NetWorth US$

39,5 billion (Oracle)

Larry Ellison born August 17, 1944 is an American business magnate, co-founder and chief executive officer of Oracle Corporation, a major enterprise software company. As of 2011 he is the fifth richest person in the world, with a personal wealth of .5 billion.

During the 1970s, after a brief stint at Amdahl Corporation, Ellison worked for Ampex Corporation. One of his projects was a database for the CIA, which he named Oracle. Ellison was inspired by the paper written by Edgar F. Codd on relational database systems called A Relational Model of Data for Large Shared Data Banks. He founded Oracle in 1977, under the name Software Development Laboratories (SDL). In 1979, the company was renamed Relational Software Inc., later renamed Oracle after the flagship product Oracle database

6. Lakshmi Mittal
NetWorth US$

31,2 billion (Arcelor Mittal)

Lakshmi Niwas Mittal born 15 June 1950 is an Indian steel magnate. He is the chairman and chief executive officer of ArcelorMittal, the worlds largest steelmaking company. Mittal is the second richest man in Europe and is presently the sixth richest in the world with a personal wealth of US.1 billion or 23.8 billion. He is the 44th most powerful person of the 68 most powerful people in the world. One out of 5 cars in the world is made up of the steel materials of his steel empire.

His daughter Vanisha Mittals marriage was the most expensive in the recorded history of the world. Lakshmi Niwas Mittal is a British Indian steel tycoon, philanthropist, and the chairman and chief executive officer of ArcelorMittal, the largest steel company in the world.

7. Amancio Ortega
NetWorth US$

31 billion (Zara)

Amancio Ortega Gaona born March 28, 1936 is a Spanish fashion entrepreneur. He is the founder, along with his then-wife Rosala Mera, and chairman of the Inditex Group. He is ranked by Forbes as Spains richest man; Europes second richest man; and the seventh richest man in the world in 2011. He currently lives with his second wife in a discreet apartment building in the centre of A Corua.

Amancio Ortega stepped down as chairman of Inditex, the .8 billion (sales) fashion company, in January; he still gets 87 percent of his fortune from his stake in the publicly traded firm.

8. Eike Batista
NetWorth US$

30 billion (EBX)

Eike Fuhrken Batista, more commonly Eike Batista or simply Eike Governador Valadares, November 3, 1957, is a Brazilian business baron. He has founded companies in different business sectors, mainly in mining. He is the son of Eliezer Batista da Silva, a longtime head of mining company Vale. As of March 2011, he is the eighth richest person in the world.

Batista is known for maintaining a high profile. He is outspoken about his target of becoming the richest person in the world. His donations often make headlines, as when he bid R$ 500,000 on a suit used by President Lula on inauguration day, with proceeds going to charity.

9. Mukesh Ambani
NetWorth US$

27 billion (Reliance Industries)

Mukesh Dhirubhai Ambani born on 19 April 1957 is an Indian business magnate is the current chairman and managing director of Reliance Industries, the largest private sector enterprise in India, a Fortune 500 company, and one of the largest private sector conglomerates in the world.

His oil and gas conglomerate Reliance Industries, Indias most valuable company, just forged a partnership with BP, selling 30% stake in 23 oil blocks in India for .2 billion and forming a marketing joint venture. The deal is being touted as one of biggest foreign investments in India. Hes also betting on shale gas, having bought stakes in three American energy firms for billion last year.

10. Christy Walton and family

NetWorth US$

26,5 billion (Walmart)

Christy Ruth Walton born 1955 is the widow of John T. Walton, who was a son of Sam Walton, the founder of Wal-Mart. After Johns death in June 2005, she inherited his fortune of .7 billion. As of 2011, she is the 4th richest person in the United States according to Forbes Magazine and the 10th richest person in the world.

Christy Walton, widow of the late John Walton, seen here, and her family is the fourth richest in the U.S. and the 11th richest in the world. She is the daughter-in-law of the late Sam Walton, Walmarts founder. Edging her out on the global list were Bernard Arnault of France (.5 billion),