Saturday, April 14, 2007

The World's Richest People

Homes Of The Billionaires

If having money in the bank eases worries about essentials, such as a roof over your head, being a billionaire means they can be pieces of art unto themselves.

Bill Gates, the perennial top-ranked billionaire now worth $56 billion, has a 66,000-square foot compound built into a Medina, Wash., hillside. While the home, just outside Seattle, couldn't fit every Microsoft (nasdaq: MSFT - news - people) Vista buyer, the 1,000-square foot dining room, domed roof library with secret chambers, 60-foot pool and five acres of space could host quite a launch party for future editions.

The London home of steel baron Lakshmi Mittal, ranked No. 5 on our list, is tucked between Kensington Palace and the Sultan of Brunei's spread. In 2004 Mittal paid $128 million for the townhouse, the highest single-home buy of all time, and situated in what is known as "Billionaire's Row." Mittal's mansion has garage space for 20 cars and is embellished with marble taken from the same quarry that supplied the Taj Mahal.





Warren Buffett
Omaha, Neb.
Net Worth: $52 billion
Rank: 2

At the rate Buffett is giving away his money, it won't be long before net worth matches the value of his home. He still resides in the 6,000-square-foot gray stucco home he bought in 1958 for $31,500. In 2004, Buffett sold one of his two Laguna Beach, Calif., properties, but still has one valued at about $4 million.




Lakshmi Mittal
London,
England
Net Worth: $32
billion
Rank: 5

In 2004, Mittal paid $128 million for this townhouse in the posh Kensington neighborhood known as Billionaires' Row. Mittal's mansion, tucked between Kensington Palace and the Sultan of Brunei's spread, has garage space for 20 cars and is embellished with marble taken from the same quarry that supplied the Taj Mahal. Mittal has another home in the city and is said to have residences in Delhi, Indonesia and Trinidad.








The World's Billionaires

The Top 20
Rank Name
Citizenship
Age
Net Worth ($Bil)
Residence
1 William Gates III United States 51 56.0 United States
2 Warren Buffett United States 76 52.0 United States
3 Carlos Slim Helu Mexico 67 49.0 Mexico
4 Ingvar Kamprad & family Sweden 80 33.0 Switzerland
5 Lakshmi Mittal India 56 32.0 United Kingdom
6 Sheldon Adelson United States 73 26.5 United States
7 Bernard Arnault France 58 26.0 France
8 Amancio Ortega Spain 71 24.0 Spain
9 Li Ka-shing Hong Kong 78 23.0 Hong Kong
10 David Thomson & family Canada 49 22.0 Canada
11 Lawrence Ellison United States 62 21.5 United States
12 Liliane Bettencourt France 84 20.7 France
13 Prince Alwaleed Bin Talal Alsaud Saudi Arabia 50 20.3 Saudi Arabia
14 Mukesh Ambani India 49 20.1 India
15 Karl Albrecht Germany 87 20.0 Germany
16 Roman Abramovich Russia 40 18.7 United Kingdom
17 Stefan Persson Sweden 59 18.4 Sweden
18 Anil Ambani India 47 18.2 India
19 Paul Allen United States 54 18.0 United States
20 Theo Albrecht Germany 84 17.5
Germany



The World's Billionaires
#1 William Gates III




Age: 51
Source: Microsoft
Net Worth: $56.0 bil
Country Of Citizenship: United States
Residence: Medina, Washington , United States, North America
Industry: Software
Marital Status: married, 3 children
Education: Harvard University, Drop Out

After numerous delays, Microsoft visionary released latest operating system, Vista, in January. Last June announced his retirement from company he cofounded 31 years ago. The Harvard dropout who promised "a computer on every desk and in every home" now focusing time and talents on tackling diseases (hepatitis B, AIDS, malaria) in Africa, boosting America's lackluster high school graduation rate and helping women abroad start small businesses. This summer bridge buddy Warren Buffett pledged majority of his Berkshire Hathaway stock to Bill & Melinda Gates Foundation over the next 20 years, potentially doubling foundation's endowment. Sells 20 million Microsoft shares a quarter, plows proceeds into personal investment vehicle Cascade. Today more than half of net worth invested outside Microsoft.


(Sources Forbes.com)