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No.1 Carlos Slim Helu
$53.5 billion
Telecom, Mexico.
Telecom tycoon who pounced on privatization of Mexico·s national telephone company in the 1990s becomes world·s
richest person for first time after coming in third place last year. Net worth up $18.5 billion in a year. Recently received
regulatory approval to merge his fixed-line assets into American Movil, Latin America·s biggest mobile phone company.
No.2 Bill Gates
$53 billion
Microsoft, U.S.
Software visionary is now the world·s second-richest man. Net worth still up $13 billion in a year as Microsoft shares
rose 50% in 12 months, value of investment vehicle Cascade swelled. More than 60% of fortune held outside Microsoft;
investments include Four Seasons hotels, Televisa, Auto Nation. Stepped down from day-to-day duties at Microsoft in
2008 to focus on philanthropy.
No.3 Warren Buffett
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$47 billion ² Investments, U.S.
America·s favorite investor up $10 billion in past 12 months on surging Berkshire Hathaway shares; says U.S. has
survived economic ´Pearl Harbor,µ but warns recovery will be slow. Shrewdly invested $5 billion in Goldman Sachs and
$3 billion in General Electric amid 2008 market collapse. Recently acquired railroad giant Burlington Northern Santa Fe
for $26 billion.
No.4 Mukesh Ambani
$29 billion- Petrochemicals, oil and gas. India.
Global ambitions: His Reliance Industries, already India·s most valuable company, recently bid $2 billion for 65% stake
in troubled Canadian oil sands outfit Value Creations. Firm·s $14.5 billion offer to buy bankrupt petrochemicals maker
LyondellBasell was rejected. Since September company has sold Treasury shares worth $2 billion to be used for
acquisitions. Late father, Dhirubhai, founded Reliance and built it into a massive conglomerate.
No.5 Lakshmi Mittal
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$28.7 billion ² Steel, India.
London·s richest resident oversees ArcelorMittal, world·s largest steel maker. Net profits fell 75% in 2009. Mittal took
12% pay cut but improved outlook pushed stock up one-third in past year. Looking to expand in his native India; wants
to build steel mills in Jharkhad and Orissa but has not received government approval. Earned $1.1 billion for selling his
interest in a Kazakh refinery in December
No.6 Lawrence Ellison
$28 billion ² Oracle, U.S.
Oracle founder·s fortune continues to soar; shares up 70% in past 12 months. Database giant has bought 57 companies
in the past five years. Completed $7.4 billion buyout of Sun Microsystems in January; acquired BEA Systems for $8.5
billion in 2008. Studied physics at U. of Chicago; didn·t graduate. Started Oracle 1977; took public a day before
Microsoft in 1986.
No.7 Bernard Arnault
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$27.5 billion
Luxury goods, France.
Bling is back, helping fashion icon grab title of richest European as shares of his luxury goods outfit LVMH²maker of
Louis Vuitton, Moet & Chandon²surge 57%. LVMH is developing upscale Shanghai commercial property, L·Avenue
Shanghai, with Macau billionaire Stanley Ho.
No.8 Eike Batista
$27 billion
Mining, oil. Brazil.
Vowing to become world·s richest man²and he may be on his way. This year·s biggest gainer added $19.5 billion to his
personal balance sheet. Son of Brazil·s revered former mining minister who presided over mining giant Companhia Vale
do Rio Doce got his start in gold trading and mining.
No.9 Amancio Ortega
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$25 billion
Fashion retail, Spain.Style maven lords over Inditex; fashion firm, which operates under several brand names including Zara, Massimo Dutti
and Stradivarius, has 4,500 stores in 73 countries including new spots in Mexico and Syria. Set up joint venture with
Tata Group subsidiary to enter India in 2010. Betting on Florida real estate: bought Coral Gables office tower that is
currently home to Bacardi USA.
No.10 Karl Albrecht
$23.5 billion
Supermarkets, Germany.
Owns discount supermarket giant Aldi Sud, one of Germany·s (and Europe·s) dominant grocers. Has 1,000 stores in U.S.
across 29 states. Estimated sales: $37 billion. Plans to open New York City store this year. With younger brother, Theo,
transformed mother·s corner grocery store into Aldi after World War II. Brothers split ownership in 1961; Karl took the
stores in southern Germany, plus the rights to the brand in the U.K., Australia and the U.S. Theo got northern Germany
and the rest of Europe.
A brief description of the top ten richest Indian companies :
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1. Reliance Industries: The main business of Reliance is in the energy sector (oil and gas). However, it has strong
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presence in garments and telecommunication sectors too. According to Forbes, annual sale of Reliance is $18.0
billion. This company is very popular in the share market among investors.
2. Oil and Natural Gas Corporation Limited (ONGC) : It is one of leading oil and gas companies in Asia and one of
most profit making corporations in India. It is trying to become a global player.
3. State Bank of India Group : It is the largest bank in India and of the largest in the world. It is also the oldest
bank in South Asia. Its history goes back to 1806. According to Forbes, it has $156.4 billion of assets- very
impressive!
4. Indian Oil: Again, an oil company. According to Forbes, its sales are $34.6 billion and thus it has the largest sale
for an Indian company.
5. National Thermal Power : It is owned by Indian government and it made $1.3 of profit against sales of $6.1
billion.
6. Icici Bank: It is the largest bank in the private sector. It is also a popular company in the share market. In
television channels, you can find their ads round the clock.
7. Steel Authority of India: It is a public sector company and it has several plants in India. It is one of the fastest
growing companies in the public sector. Its profit figure of $1.6 billion is quite impressive too.
8. Tata Steel: It is a company with a great heritage. It is a company in the private sector. It was India's first and
largest steel company in the private sector.
9. Tata Consultancy Svcs (TCS ): Among the top ten companies, TCS is the only company related to Information
Technology. It has made its mark in outsourcing and its market value is $19.5 billion. It is quite impressive
considering the fact that it has only $1.9 billion of assets.
10. Tata Motors : Tata Motors came into the headline this year for its effort to build the World's cheapest car .
These days; Tata Motors is trying to expand its business both in home and abroad.
This list shows that Indian companies are often neglected by the western media. Outsourcing to India is causing a
lot of jobs in the west and that is why the western media is interested about Indian tech companies. It is time that
the international media takes more note of the top Indian companies.
Top 10 biggest companies in the world.
Scores based on their rankings for sales, profits, assets and market value. General Electric ended HSBCHoldings¶ one-year reign as the world¶s largest company. Here are the 25 biggest companies in the world.
No. 1: General Electric
Industry: Conglomerate, U.S.
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Ranked second last year, General Electric is now the world¶s largest company, based on its compositescore for sales, profits, assets and market value.
No. 2: Royal Dutch Shell
Industry: Oil and gas operations, U.K.
Its $458 billion in revenues puts this integrated petroleum company in first place in sales and second in
our Global 2000 composite ranking based on sales, profits, assets and market value.
No. 3: Toyota Motor
Industry: Consumer Durables, Japan
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Japan¶s Toyota Motor, with a market capital of $102 billion, is the world¶s highest-ranked auto company
on the Global 2000.
No. 4: ExxonMobil
Industry: Oil and gas operations,U.S.
Despite record profits of $45.2 billion at ExxonMobil, the U.S. company slipped behind Royal Dutch Shell
in its overall Global 2000 ranking. The reason: Royal Dutch ranked higher in both revenues and assets.
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No. 5: BP
Industry: Oil and gas operations, U.K.
This U.K. petroleum giant is in fifth place worldwide for profits as well as its Global 2000 composite
ranking
No. 6: HSBC Holdings
Industry: Banking,U.K.
After a one-year reign at the head of the Global 2000, this international banking giant fell back to thesixth position.
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No. 7: AT&T
Industry: Telecom services, U.S.
Last year, AT&T scored a 7.7% increase in profits on only a 4.3% gain in revenues
No. 8: Wal-Mart Stores
Industry: Retailing, U.S.
The economic downturn worked in favor of the world¶s largest retailer, which climbed from 16th last year
to the eighth this year on its Global 2000 ranking.
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No. 9: Banco Santander
Industry: Banking, Spain
Its acquisition of Alliance and Leicester of the U.K. helped this bank, headquartered in Madrid, shoot up
in rank on the Global 2000.
No. 10 : Chevron
Industry: Oil and gas operations,U.S.
This U.S. integrated oil giant ties with Banco Santander of Spain for ninth place on a composite ranking of
sales, profits, assets and market value.
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1. Singapore Airlines
One of the best airline companies in the world is Singapore Airlines and it has time and again won awards for its excellent service.
This airline began operations in 1947 and over the decades has grown from strength to strength. Today, it covers 103 destinations
across the world and it stands out because of its high standards of customer service, passenger safety mechanisms and innovative
facilities.
2. Cathay Pacific
This is one of the most popular airline companies in the world and it flies across to 130 destinations across the world. Established in
1946, it carries more than 1 million passengers every month and has won the award for having the world¶s µBest First Class¶ service.
Known for quality services and passenger care, Cathay Pacific is indeed one of the best airlines.
3. Qantas
This airline was established in 1920 and since then, has earned a name for superiority in service, protection and maintenance. This
Australian airline is also world famous and operates to destinations in more than 130 countries. It has won awards for having the
µBest First Class Lounge¶.
4. Thai Airways
This airline company was established in the year 1960 and it is administered by the Thai government. It operates to 34 countries
from across the world. It offers excellent passenger comfort, safety and has also won an award for having the best cabin staff.
5. Asiana Airlines
This airline company operates to 17 countries across the world and has won an award for µBest Cabin Staff¶ and µBest Economy
Class¶. It began operation in 1988 and since then has expanded it fleet and its operating destinations. Known for quality customer care, Asiana Airlines is one of the most popular airlines operating from South Asia.
6. Malaysia Airlines
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This airline began its operations in 1947 and it operates flights to 85 destinations across the globe. This is Southeast Asia¶s most
popular airline and well known for offering excellent passenger care. It has been awarded a 5 star status from Skytrax.
7. Qatar Airways
This airline is well known for offering exceptional consumer care service and cuisine to routes across all important destinations of
the world.
8. Air New Zealand
This airline began operation in 1940 and over the decades, it has expanded its operations today flies across a number of
destinations in the globe. It is well known for customer care and passenger safety together with their hospitable crew on board.
Operating from the Auckland Airport, it has vast operations to destinations in Australia, New Zealand, Asia, North America and
United Kingdom.
9. Air Emirates
This is the Middle East¶s largest airline and it operates to 55 countries across the world. Established in 1985, it is administered by
the Dubai government and carries 21.2 million passengers worldwide. Their luxury class service is known all over the world for
dollops of opulence and comfort.
10. Etihad Airways
This airline was established in the year 2003 and is the National Airline of the UAE. Today, it operates to about 70 destinations
cross the world.