Top 10 Billionaires in the World

I will enumerate the top ten billionaire in the world but before anything else I would give a small background about this listing. There are many billionaires in the world today than ten years or twenty years ago. What is interesting today is that there are many billionaires outside United States today when combine than before. Some of the billionaires are coming from poor countries where there are lots of poor people who live with $1 a day. Today there are 1,210 billionaires in the world with $4.5 trillion worth of money when all are combined.

Here is the top ten billionaires in the world for 2011.

1.0 Carlos Slim Helu is worth $74 billion and his source of fortune is telecom and he is from Mexico which has lots of poor people. If I were him I would donate some of my money to charity.

2.0 Bill Gates is worth $56 billion but he is a giver person who donate $30 billion to charity. He is the owner of Microsoft Corporation. If he did not donate his money he would still be number one which he positioned many times in previous years. He is an American.

3.0 Warren Buffet is a Stock Market genius who earned his money through stock trading. He is worth $50 billion. If you want to be rich through investing then learn it from  American Warren Buffet.

4.0 Bernard Arnault is worth $41 billion and he is from France. His businesses are diversified from wine, clothing and even ship building. He is the richest European in the list.

5.0 Larry Ellison is worth $39.5 billion. He owns Oracle company. Most of us know about Oracle just like Bill Gates who owned Microsoft. He is an American guy.

6.0 Lakhsmi Mittal is worth $31.1 billion and he comes from Asia. He is an Indian guy who is into metal or steelmaker. Well his last name sounds like metal. His companies are around the world.

7.0 Amancio Ortega is a Spaniard who owned a chain of clothing like Zara and other brand. He has a store in more than 22 countries around the world. He is worth $31 billion.

8.0 Eike Batista is worth $30 billion and he is from Brazil. He is into mining and oil industries.

9.0 Mukesh Ambani is worth $27 billion and he is into Petrochemicals and he is from India.

10.0 Christy Walton and family is worth $26.5 billion and she is an American who owned Wal-Mart.

These list of top ten billionaires in the world in 2011 are coming from different part of the world. There is no Chinese but I am sure they are catching up. All of these billionaires earned more money last year than before.

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World Richest People in 2011

Forbes Magazine track the 2011 richest people in the world for 25th time. See are the billionaires in 2011 and you will be surprised if your favorite billionaires like Bill Gates and Warren Buffet are still ranked highest as we used to see them. The list of this years billionaires break two record according to report (1, 210 billionaires) and ($4.5 trillion) better than last year. This money is higher than the domestic product of Germany which rank lesser billionaires in top six nations. India, China, Russia and Brazil produced 108 billionaires out of 214 new billionaires. These nations are home of one billionaire out of four. Ten years ago they are home of one billionaire out of ten. Last year only USA has more than 100 billionaires but right now China has 115 while Russia has 101 billionaires. This years means that wealth is going outside the United States of America.

Still on the top is Mexico mogul Carlos Slim Helu who added $20.5 billion to his wealth. He is now worth $74 billion ahead of Bill Gates who is ranked number 2. Carlos Slim Helu is a telecom mogul and this is his second time in number position since last year.

Third billionaire is Warren Buffet who owns Berkshire Hathaway. He is a stock market genius. He was actually ranked number one before together with Bill Gates who owned Microsoft company. Bill Gates gave $30 billion to charity.

Here is my top ten billionaires in the world 2011.
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How To Retire in Early 30's?

How to retire in early 30's? 

Is it possible to achieve financial freedom in your 30’s? Well I think it is possible depending on what your lifestyle will be. Also it will depend on how early your start doing it. The earliest you decide is most likely you will succeed, by doing so you have to sacrifice a lot like your friends, leisure and anything that will cost you money. Make this goal as your number one priority in your life. Always remind yourself about it. Make a personal sacrifice and melt the desire in your head. People will think that I am fooling myself when I say that it is possible to retire early or young but I think it is possible.

When I said lifestyle, it means how much you want to spend when you retire. Are you going to stay in the cheap and simple town or you want to live in New York, London or other expensive cities? We can not have same lifestyle with Bill Gates or other billionaires but at least you can live a modest lifestyle. The best way is after you accumulate money and wealth and ready for retirement, you have to move to cheaper place like Philippines and you can have your own servant.

Here are some guidelines to obtain Early Retirement:


1. First of all try to imagine yourself as if you are now retiring. Where are you going to spend your retirement period? Best of all how much money do you need to spend when you retire. It means lifestyle. Also consider the health insurance as you need this very much. Take note of inflation and where are you going to invest your savings. Make a chart or detailed notes for this.


2. You should make a lot of money if you want to retire early like landing a high paying job. Some of the jobs which offer big bucks this day are investment banking, Sales and Engineering. Make researches about these three fields and you will know. Medical care is also a source of good income this day. Make extra effort to earn money like overtime and another job if you have a chance. Look for a promotion if possible and master your craft.


3. Upon doing your goal don’t forget that it is not just the destination but the journey is also important. Enjoy yourself like strolling in the parks, painting if you have talent on it, dancing, writing or singing.


4. Be frugal in everything. Must people spend proportion of their salaries so they end up nothing. Make a budget, live in a modest apartment and don’t eat outside always. Celebrate if you meet your target of saving money.


5. Invest wisely on business or investments which are profitable. I will not include them here; it is long and beyond the scope of this topic. Study investment, business and accounting. Example of investment is real estate.


6. Don’t be discouraged. There are times when you are at low point and bored. Hang on and tell yourself that not all people are cut for this opportunity or ambition.


Some tips on How To Retire Early 30's:

• After working and acquiring money in big cities like New York, London or San Francisco, you better go somewhere else where the life expenses is cheaper. It is impractical living in a very expensive place.


• Don’t get married early. Marry when you are near to your retiring period. It is very expensive to raise children now a day. Finding a partner with the same vision is difficult. When you retire you can now focus on your career and while you are earning.


• Consider not having children as it will cost you too much like raising and to educate them. Plan it carefully as you will regret if you do this in haste. Remember you can’t rewind what you have done.


• Even if you did not get the target at least you have tried and end up wealthy too. You can now relax and go away from that stressful job and work as part time or full time but not stressful. Let your money grow through investment and retire after 10 years. It does not make any difference.


• Now even if you retire, you can still work as you wish and never worry if you will be fired. You can supplement your investment or nest-egg by accepting part time job like teaching.

Well, there are times or instances that we prefer comfort zone and happiness. Maybe it is right also but working up to 65 years of age and end up with a small monthly pension is not right. It is better to have choices rather than following an ordinary financial life which you don’t have any choice. Yes, I salute to people who are hard worker, who work hard for their company but don’t forget anytime they can replace you with new employee, so save and invest personally. Don’t depend on company benefits and pension; they are not enough as the inflation rises every year. This is how to retire early in early 30's. It really depend on what you want when you retire.

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