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The World's Richest, 2005

Contributed by mm | March 12, 2005 8:49 PM PST

Once every year, Forbes does the legwork for you to compile the authoritative list of richest people in this world. In the newly published 2005 list, 691 billionaires share a total wealth of $2.2 trillion.

Take a look at the top 20 (below). A billion dollars is a lot (compared to MM's meager ambition to collect the first million bucks), but one will need $12 billion to make to page 1.

Rank  Name  Age  Worth ($bil) 
1 William Gates III  49            46.5
2 Warren Buffett  74            44.0
3 Lakshmi Mittal  54            25.0
4 Carlos Slim Helu  65            23.8
5 Prince Alwaleed Bin Talal Alsaud  48            23.7
6 Ingvar Kamprad  78            23.0
7 Paul Allen  52            21.0
8 Karl Albrecht  85            18.5
9 Lawrence Ellison  60            18.4
10 S Robson Walton  61            18.3
11 Jim Walton  57            18.2
11 John Walton  59            18.2
13 Alice Walton  56            18.0
13 Helen Walton  85            18.0
15 Kenneth Thomson & family  81            17.9
16 Liliane Bettencourt  82            17.2
17 Bernard Arnault  56            17.0
18 Michael Dell  40            16.0
19 Sheldon Adelson  71            15.6
20 Theo Albrecht  83            15.5

Bill Gates, my boss' boss's boss's boss's boss's boss, holds firm in his top spot. You might, too, imagine every one in the top 10 list is a familiar face, but if you compare this list with last year's top dogs (PFBlog coverage here), you will notice a few new names. Lakshmi Mittal, the 54-year old India steel tycoon, is world's No. 3 with a fortune of $25 billion. The Mexico telecommunication giant Carlos Slim Helu, with a wealth of $23.8 billion, settled for the fourth on the list.

The youngest in the top 10 list, Prince Alwaleed Bin Talal Alsaud, is 48 this year. Barring any surprising change of fortune, in two years, the top-ten list will be fully occupied by people over 50. To some extent, this reminds us that the quest to be the richest man is partially a longevity game. Still young and want to make the list some day? Try Forbes' Do You Have What It Takes To Be A Billionaire? quiz. Full disclosure: out of a perfect 100, I scored 56. Admittedly, working toward a billion dollars is completely a different game from becoming a millionaire.

P.S. Please feel free to add your Billionaire-potential rating to the comments -- we will be proud of you when your name appears on Forbes' list :-)

This Post Has Received 9 Comments. Share Your Opinions Too.


GM Commented on March 15, 2005

Actually Lakshmi Mittal is based out of UK. His younger brothers own the steel factories in India while he owns the rest of the world's steel output. Lakshmi Mittal has been in the news during the last year for buying the most expensive home in the UK, and also for his daughter's ultra-ultra expensive wedding.


Abdul Ahad Commented on January 6, 2006

where is warren Buffet's info??


daren Commented on May 8, 2006

can I get email addresses for these top 20 richest people in the world , please

Thanks
Daren Rambally


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