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Forbes Richest Woman Of World 2010..!!

March 11th, 2010 2 comments

Christy Walton & family

$22.5 billion

Walmart. U.S.

World’s largest retailer benefited as cash-strapped shoppers looked to discount merchandise at start of economic slump. Boost may have waned; recently reported 1.6% decline in same-store sales in its U.S. Walmart and Sam’s Club stores, warned of soft sales in current quarter. Still, shares are up 7% in past 12 months and family fortune rose a combined $13 billion, largely recovering losses from market crash. Sam Walton started as J.C. Penney clerk. Opened Benjamin Franklin five-and-dime in 1945; lost lease five years later. Founded Bentonville, Ark., general store with brother James in 1962. Today Walmart has $405 billion in annual sales, 2 million employees, more than 8,400 stores. Christy is the richest of the Waltons thanks to late husband John’s early bet on First Solar; alternative energy stock up more than 350% since 2006 public offering.

Forbes World’s Richest Man..!!

March 11th, 2010 1 comment

Bill Gates ain’t the richest man of the world anymore.

Carlos Slim Helu takes No. 1 spot on Forbes World’s Billionaires List.

1) Carlos Slim Helu

Net Worth: $53.5 billion

Source: Telecom

Residence: 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.


2) Bill Gates

Net Worth: $53 billion

Source: Microsoft

Residence: 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.