Now Here's Who Forbes Says Are The Richest People On Earth

carlos slim

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The Forbes Billionaires List has long been the hallmark of who’s who in the world’s elite.But Bloomberg is hedging in on the market with the creation of the Bloomberg Billionaires Index, which is basically a real-time version of the Forbes list.

Forbes is firing back to the new competition with the release of its annual list.

While the upper echelon remains the same on both lists, major differences start to emerge as the list go on.

#10 Karl Albrecht

Forbes says Albrecht ranks #10 with $25.4 billion. Last year he ranked #12 with $25.5 billion.

He was not ranked on the Bloomberg list.

Albrecht is a self-made man through his work with supermarket conglomerate Aldi Sud. The chain boasts at least 4,500 stores.

Source: Forbes and Bloomberg

#9 Li Ka-shing

Forbes says ranks #9 with $25.5 billion. Last year he ranked #11 with $26 billion.

Bloomberg says Ka-shing ranks #12 with $25.8 billion.

Hong Kong's richest man serves as chairman of Hutchinson Whampoa. The company is involved in shipping and construction

Source: Forbes and Bloomberg

#8 Stefan Persson

Forbes says ranks #8 with $26 billion. Last year he ranked #13 with $24.5 billion.

Bloomberg says ranks #15 with $24.5 billion.

Persson chairs budget retailer H&M. Late last year, the company released a wallet-friendly line of clothing designed by Versace.

Source: Forbes and Bloomberg

#7 Eike Batista

Forbes says Batista ranks #7 with $30 billion. Last year he ranked #8 with $30 billion.

Bloomberg says Batista ranks #10 with $29.2 billion.

Batista cultivated his billions in the mining business. Brazil's richest man also owns oil and gas driller, OGX Petroleo e Gas.

Source: Forbes and Bloomberg

#6 Larry Ellison

Forbes says Ellison ranks #6 with $36 billion. Last year he ranked #5 with $39.5 billion.

Bloomberg says Ellison ranks #6 with $37.9 billion.

Ellison founded tech company Oracle, which has had an uneasy stock for months. The company hit its low in August but has since rebounded.

Source: Forbes and Bloomberg

#5 Amancio Ortega

Forbes says Ortega ranks #5 with $37.5 billion. Last year he ranked #7 with #31 billion.

Bloomberg says ranks #7 with $37.7 billion.

Prior to stepping down in July 2011, Ortega served as chairman for the global fashion firm Inditex. The company's holdings include fashion retailer Zara.

Source: Forbes and Bloomberg

#4 Bernard Arnault

Forbes says Arnault ranks #4 with $41 billion. Last year he ranked #4 with #$41 billion.

Bloomberg says Arnault ranks #5 with $41.2 billion.

Arnault chairs luxury retailer LVMH. He and his family hold a 46% stake in the world's largest maker of luxury goods.

Source: Forbes and Bloomberg

#3 Warren Buffett

Forbes says Buffett ranks #3 with $44 billion. Last year he ranked #3 with #50 billion.

Bloomberg says Buffett ranks #3 with $43.9 billion.

The CEO of Berkshire Hathaway has made waves recently, as the competition for who will succeed him as CEO becomes fierce.

His move to purchase The Omaha World-Herald also left some wondering if the newspaper's journalistic freedom would suffer from the transaction.

Source: Forbes and Bloomberg

#2 Bill Gates

Forbes says Gates ranks #2 with $61 billion. Last year he ranked #2 with #56 billion.

Bloomberg says Gates ranks #2 with $61.3 billion.

The Microsoft founder is perhaps now known best for his charity work. Together with his wife Melinda, the Bill & Melinda Gates Foundation is striving to bring vaccines to poorer countries. Bill

Source: Forbes and Bloomberg

#1 Carlos Slim Helu

Forbes says Helu ranks #1 with $69 billion. Last year he ranked #1 with #74 billion.

Bloomberg says Helu ranks #1 with $67.5 billion.

The Telmex chairman is a self-made man. His father was an immigrant shoe maker and Helu built his fortune from the ground up.

Source: Forbes and Bloomberg

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