Top 10 Richest Fashion Designers in the World

Top 10 Richest Fashion Designers in the World

Billionaire buys world's most expensive diamond

On Wednesday, the 'Blue Moon' diamond sold for a whopping € 45.121.124 ($48.4) million, making it the world's most expensive diamond.

Prince Al-Waleed bin Talal the founder of Kingdom Holding

The business magnate Al-Waleed bin Talal bin Abdulaziz al Saud was born on the 7th of March 1955 in Jeddah, Saudi Arabia as the son of Prince Talal and of Mona Al Solh, who was the daughter of the first Prime Minister of Lebanon.

5 most eligible billionaire bachelors in the world

If your Valentine this year is yourself or your ever faithful furry friend, we think we might have something for you drool over – the 5 richest eligible bachelors. According to WealthX all these high-flying single men are under 35 and have billions to their name. Good looks accompany their wealth, though we don’t think that would matter when you’ve hit the jackpot, right?

Amancio Ortega – The Media Billionaire Behind Zara

Ranking number seven on Forbes’ latest list of the world’s billionaires is a Spanish entrepreneur worth $31 billion. His name is Amancio Ortega Gaona and he is the richest man in Spain and the second richest in Europe.

LONDON IS THE NEW BILLIONAIRE CAPITAL OF THE WORLD

LONDON IS THE NEW BILLIONAIRE CAPITAL OF THE WORLD, HAS MORE BILLIONAIRES THAN NEW YORK AND MOSCOW COMBINED

World's 2014 richest women

Top 10 List of Wealthiest Men – Billionaires

This list of the wealthiest people by Forbes magazine was eagerly awaited. Now that it is finally here, we can take a peek at how much the richest billionaires of the world are worth and who surpassed who in the top. The list features 1,426 people of which 442 are from the US, 386 from Asia-Pacific, 366 from Europe, 129 from the Americas and 103 from Middle East and Africa. 

The total net worth of the world’s richest was calculated at a staggering $5.4 trillion.

Top 10 Wealthiest People in the World by Forbes

Forbes has unveiled the updated list of the world’s richest people, showing us again who’s making money around the globe. We’ve extracted the top ten entries of the incredibly long list of 1153 billionaires of the world, and we are ready to share the news with you.

The 2012 top ten list is not that different from that of 2011, with only three new names  marking  the difference between the two. Together, the Earth’s billionaires sum up a whopping $4.6 trillion in personal wealth, which is considerably more than the Gross Domestic Products (GDPs) of the 127 poorest countries in the world, and a little higher than India’s GDP.

New in the top ten are Li Ka-Shing, who is the richest person in all of Asia, Stefan Persson of H&M, who last year occupied the 13th position, and Karl Albrecht, who this year made it to the 10th position on the list.

   1.Carlos Slim Helu: $69 Billion

 This is the third year of “reign” for Carlos Slim Helu. Half of his entire wealth comes from American Movil shares, which have dropped lately, resulting in a $5 billion reduction in his fortune, as compared to the year 2010. At 72 years of age, the magnate doesn’t want for anything. Even though the Mexican regulators fined one of his brands for monopolistic prices with a mind-boggling sum of $1 billion, Slim’s fortune is too large for such an event to affect him personally. Furthermore, the company is appealing the fine, so the money will probably not even leave his accounts.

 2. Bill Gates: $61 Billion

 One of the mot generous wealthy people in the world, Bill Gates has played a huge role in the eradication of poliomyelitis in India, and he still keeps donating staggering amounts of money to different causes around the world. As he keeps receiving huge amounts of money from Microsoft shares, stocks, bonds, and private equity, Gates continues to pour out his generosity on millions of people. He also invested a couple of billions in small farmers as he wants to help reestablish agricultural traditionalism. Not only does he himself give away generously, but by creating the Giving Pledge, he also encourages other magnates to do the same.

 3.Warren Buffett: $44 Billion

 Another generous soul is Warren Buffett, a man who believes that the wealthy should give away more than the average people. He is 81 years old now, and a great example for the rest of the world. According to his “Buffett Rule”, the wealthy should pay at least 30% tax rate, thus contributing more than the less fortunate people. In one year he lost $6 billion, after taking some bad decisions – as he himself has admitted – that led to a 7% decrease in Berkshire stock value.

 4.Bernard Arnault: $41 Billion

 His ever blooming business – the famous LVMH group and world leader in luxury – has helped the wealthy Frenchman to considerably increase his fortune this year. Even though he lost some cash due to the lower turnover of the Carrefour supermarket chain, Arnault still made a lot of money this past year, especially since LVMH’s profits went up by 22 percent. Aged 63, the magnate owns the superb Indigo Island in the Bahamas, and Cheval Blanc ski chalet in Courchevel. His island is available for rent at $300,000 per week.

 5. Amancio Ortega: $37.5 Billion

Mr. Ortega started out as an employee in his father’s store, and now he is the fifth richest person in the world. Aged 75, he resigned from the position of Inditex Chairman a year ago, but is still earning pots of money through his blooming company. Inditex shares went up by a quarter this year, raising Amancio Ortega’s wealth by a whopping $6.5 billion.
The Spanish magnate owns stakes in a soccer league, a horse-jumping track, the luxurious Epic Residences & Hotel  in Miami, and the Torre Picasso skyscraper in Madrid.
 6.Larry Ellison: $36 Billion

 The Oracle Corporation has been facing serious difficulties during the past months, due to significant fluctuations that affected its profits. As the company’s sales decreased, Mr. Ellison’s fortune dropped down by $3.5 billion. In an attempt to solve this issue, the Oracle CEO purchased Taleo and RightNow for $1.9 billion and $1.5 billion, respectively. Oracle also recently bought social marketing platform Vitrue and Collective Intelligence.
 7. Eike Batista: $30 Billion

 ike Batista is the richest man in Brazil, and the owner of OGX Petroleo e Gas gas and oil driller. Two thirds of his immense fortune comes from the 61 percentages that he owns in the aforementioned company. This translates to a whopping $19.8 billion.
Currently living in Rio de Janeiro, Mr. Batista has two children and is divorced. Last year he invested $1.5 billion in what can be described as a very promising opportunity. He used the money to buy a private gold mine in Colombia, Canada, called Ventana Gold. And we all know the price of gold can only go higher with every passing year!
 8.Stefan Persson: $26 Billion

The main shareholder and chairman of H&M, Stefan Persson, also purchased Versace and Marni last year, and had its first stores opened in Croatia, Romania and Singapore. He now owns an impressive 2,500 stores in 43 countries!
The company was founded by Stefan Persson’s father, Erling, back in 1947, and he took over H&M in 1982. He resigned from the position of CEO in 1998, and later promoted his son, Karl-Johan, to the position, in 2009. One interesting move that he made for his company was that he bought  5 million additional shares only to give 4 million of them (worth roughly $150 million) to an employee stimulating program.
 9.Li Ka-Shing: $25.5 Billion

The 83 year old Chinese magnate was first named the richest person in Asia back in 2004. This year, however, it is the first time since 2007 that he made it to the top ten list of wealthiest people in the world. His main business is Hutchison Whampoa Limited (HWL), a company that has 270,000 employees all around the world, covering 53 countries.
Interestingly, one of every seven residences in Hong Kong was built by his company, and approximately 13 percent of all container traffic in the world is dealt with by Hutchison Port Holdings. One of his most recent purchases was Northumbrian Water, the group providing sewage services and supplies drinking water to millions of people. It’s a wonder, really, how he needed so much time to make it on the list.
 10.Karl Albrecht: $25.4 billion

Karl Albrecht’s story of success began in his mother’s corner grocery store, after World War II. He and his brother Theo began their small venture there, and expanded their business in the years that followed. The huge company – Aldi Sud – is now a successful retail chain, with 4,500 stores around the world, of which 1,200 are spread across the U.S.
Karl and his brother split the brand, with the former taking the rights for UK, US, and Australia, plus the more profitable stores in Southern Germany.  In order to keep costs as low as possible, the stores have a strict no-bling policy, and it doesn’t accept credit card payments for the same reason.

Bob Parsons Recipe for Becoming a Billionaire

Bob Parsons Recipe for Becoming a Billionaire

Owner of Goddady.com

Bob Parsons, the man behind GoDaddy.com, the largest ICANN-accredited domain registrar in the world, has got a very clear recipe for success, summarized in 16 simple steps. How do you know if his advice is any good? By seeing what it did for Parsons himself.

The 60 years old entrepreneur is now very likely to become the newest dot-com billionaire in the world. Private-equity firms SilverLake Partners and Kohlberg Kravis Roberts are currently thinking of buying Parson’s company for a whopping $2 billion, thus changing the man’s life forever. We guess this is a pretty good reason to start learning his 16 steps to success. Who knows how wealthy you’ll end up in a couple of years?

1. Get and stay out of your comfort zone.

I believe that not much happens of any significance when we’re in our comfort zone. I hear people say, “But I’m concerned about security.” My response to that is simple: “Security is for cadavers.”

2. Never give up.

Almost nothing works the first time it’s attempted. Just because what you’re doing does not seem to be working, doesn’t mean it won’t work. It just means that it might not work the way you’re doing it. If it was easy, everyone would be doing it, and you wouldn’t have an opportunity.

3. When you’re ready to quit, you’re closer than you think

There’s an old Chinese saying that I just love, and I believe it is so true. It goes like this: “The temptation to quit will be greatest just before you are about to succeed.”

4. With regard to whatever worries you, not only accept the worst thing that could happen, but make it a point to quantify what the worst thing could be.

Very seldom will the worst consequence be anywhere near as bad as a cloud of “undefined consequences.” My father would tell me early on, when I was struggling and losing my shirt trying to get Parsons Technology going, “Well, Robert, if it doesn’t work, they can’t eat you.”

5. Focus on what you want to have happen.

Remember that old saying, “As you think, so shall you be.”

6. Take things a day at a time.

No matter how difficult your situation is, you can get through it if you don’t look too far into the future, and focus on the present moment. You can get through anything one day at a time.

7. Always be moving forward.

Never stop investing. Never stop improving. Never stop doing something new. The moment you stop improving your organization, it starts to die. Make it your goal to be better each and every day, in some small way. Remember the Japanese concept of Kaizen. Small daily improvements eventually result in huge advantages.

8. Be quick to decide.

Remember what General George S. Patton said: “A good plan violently executed today is far and away better than a perfect plan tomorrow.”

9. Measure everything of significance.

I swear this is true. Anything that is measured and watched, improves.

10. Anything that is not managed will deteriorate.

If you want to uncover problems you don’t know about, take a few moments and look closely at the areas you haven’t examined for a while. I guarantee you problems will be there.

11. Pay attention to your competitors, but pay more attention to what you’re doing.

When you look at your competitors, remember that everything looks perfect at a distance. Even the planet Earth, if you get far enough into space, looks like a peaceful place.

12. Never let anybody push you around.

In our society, with our laws and even playing field, you have just as much right to what you’re doing as anyone else, provided that what you’re doing is legal.

13. Never expect life to be fair.

Life isn’t fair. You make your own breaks. You’ll be doing good if the only meaning fair has to you, is something that you pay when you get on a bus (i.e., fare).

14. Solve your own problems.

You’ll find that by coming up with your own solutions, you’ll develop a competitive edge. Masura Ibuka, the co-founder of SONY, said it best: “You never succeed in technology, business, or anything by following the others.” There’s also an old Asian saying that I remind myself of frequently. It goes like this: “A wise man keeps his own counsel.”

15. Don’t take yourself too seriously.

Lighten up. Often, at least half of what we accomplish is due to luck. None of us are in control as much as we like to think we are.

16. There’s always a reason to smile.

Find it. After all, you’re really lucky just to be alive. Life is short. More and more, I agree with my little brother. He always reminds me: “We’re not here for a long time, we’re here for a good time!”

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