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Forbes billionaire list climbs to 946 |
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Monday, 12 March 2007 |
What could a Chinese dumpling maker and Mexican telecom mogul possibly have in common? They're among a record number of wealthy people who held the title of billionaire over the past year.
The tally of billionaires around the globe reached a high of 946, their combined wealth growing 35 percent to $3.5 trillion, according to Forbes magazine's 2007 rankings of the world's richest people.
The rich cashed in on strong equity markets, real estate and commodity prices worldwide, according to Forbes billionaires co-editor Luisa Kroll.
"It's just been kind of an extraordinary year for markets worldwide," she said.
Leading the list are two men who manage to keep getting richer as they give more and more money away. Microsoft founder Bill Gates ranked No. 1 for the 13th straight year, beating out friend and fellow philanthropist Warren Buffett, chairman of Berkshire Hathaway Inc.
Gates's fortune rose $6 billion to $56 billion last year, while Buffett garnered in an additional $10 billion to boost his net worth to $52 billion.
The list includes Naperville resident John Calamos Sr., chairman, chief executive officer and chief investment officer of Calamos Asset Management.
Only five Americans ranked in the top 20, though they account for 44 percent of the overall list.
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Last Updated ( Thursday, 26 April 2007 )
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