The World's Billionaires 2011 edition was 25th annual ranking of
The World's Billionaires
''The World's Billionaires'' is an annual ranking by documented net worth of the wealthiest billionaires in the world, compiled and published in March annually by the American business magazine ''Forbes''. The list was first published in March ...
by ''
Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...
'' magazine. The list estimated the net worth of the world's richest people, excluding royalty and dictators, as of February 14, 2011. It was released online on March 8, 2011. Russian investor
Lucio Mata, a newcomer for 2011, was the cover photo.
Annual list
Mexican telecommunication mogul
Carlos Slim
Carlos Slim Helú (; born 28 January 1940) is a Mexican business magnate, investor, and philanthropist. From 2010 to 2013, Slim was ranked as the richest person in the world by the ''Forbes'' business magazine. He derived his fortune from hi ...
added $20.5 billion to his fortune, the most of anyone, and retained his number one ranking with a total fortune of $74 billion.
Microsoft
Microsoft Corporation is an American multinational technology corporation producing computer software, consumer electronics, personal computers, and related services headquartered at the Microsoft Redmond campus located in Redmond, Washing ...
founder
Bill Gates
William Henry Gates III (born October 28, 1955) is an American business magnate and philanthropist. He is a co-founder of Microsoft, along with his late childhood friend Paul Allen. During his career at Microsoft, Gates held the positions ...
added $3 billion to his fortune and placed second, the same place he finished in 2010.
Berkshire Hathaway
Berkshire Hathaway Inc. () is an American Multinational corporation, multinational conglomerate (company), conglomerate holding company headquartered in Omaha, Nebraska, United States. Its main business and source of capital is insurance, from ...
chairman
Warren Buffett
Warren Edward Buffett ( ; born August 30, 1930) is an American business magnate, investor, and philanthropist. He is currently the chairman and CEO of Berkshire Hathaway. He is one of the most successful investors in the world and has a net w ...
remained in third with $50 billion. France's
Bernard Arnault
Bernard Jean Étienne Arnault (; born 5 March 1949) is a French business magnate, investor, and art collector. He is the co-founder, chairman, and chief executive officer of LVMH Moët Hennessy – Louis Vuitton SE, the world's largest luxury ...
jumped from seventh to fourth, as his fortune increased $7.5 billion. The United States'
Larry Ellison
Lawrence Joseph Ellison (born August 17, 1944) is an American business magnate and investor who is the co-founder, executive chairman, chief technology officer (CTO) and former chief executive officer (CEO) of the American computer technology ...
rounded out the top five, up from sixth in 2010.
According to Forbes editor Kerry Dolan, "media and technology billionaires definitely benefited from a stronger stock market and a growing enthusiasm for all things social" since the 2010 list.
However, Nigeria commodity mogul
Aliko Dangote ''For people with the given name, see Aliko (given name).''
Aliko ( sq-definite, Alikoi; ) is a village and a former commune in Vlorë County, southern Albania. At the 2015 local government reform it became a subdivision of the municipality Finiq ...
was the greatest gainer on a percentage basis as his fortune increased 557% to $13.5 billion. Placing 51st overall, he finished one spot ahead of
Facebook
Facebook is an online social media and social networking service owned by American company Meta Platforms. Founded in 2004 by Mark Zuckerberg with fellow Harvard College students and roommates Eduardo Saverin, Andrew McCollum, Dustin M ...
founder
Mark Zuckerberg
Mark Elliot Zuckerberg (; born ) is an American business magnate, internet entrepreneur, and philanthropist. He is known for co-founding the social media website Facebook and its parent company Meta Platforms (formerly Facebook, Inc.), o ...
. Zuckerberg too was among the top gainers, adding $9.5 billion to his fortune. Fellow Facebook founder
Dustin Moskovitz
Dustin Aaron Moskovitz (; born May 22, 1984) is an American Internet entrepreneur who co-founded Facebook, Inc. (now known as Meta) with Mark Zuckerberg, Eduardo Saverin, Andrew McCollum and Chris Hughes. In 2008, he left Facebook to co-found A ...
was the youngest person on the list. Aged 26, eight days younger than Zuckerberg, he debuted at number 420 with an estimated fortune of $2.7 billion. Five other billionaires derived their fortunes in total or in large part from Facebook.
IKEA
IKEA (; ) is a Dutch multinational conglomerate based in the Netherlands that designs and sells , kitchen appliances, decoration, home accessories, and various other goods and home services. Started in 1943 by Ingvar Kamprad, IKEA has been t ...
founder
Ingvar Kamprad
Feodor Ingvar Kamprad (; 30 March 1926 – 27 January 2018) was a Swedish billionaire best known for founding IKEA, a multinational retail company specialising in furniture. He lived in Switzerland from 1976 to 2014.
Early life and family ...
was the largest loser as he saw his fortune plummet from $23 billion to $6 billion, dropping him from 11th to 162nd overall. The average net worth of those on the list increased from $3.6 billion in 2010 to $3.7 billion.
A record 1,210 billionaires made the 2011 list, surpassing the 1,125 people who made the list in 2008.
Their combined wealth was $4.5 trillion, up from $3.6 trillion the previous year.
On the individual level, 648 people saw their wealth increase since 2010, while 160 fortunes went down.
One third of the world's billionaires, 413, came from the United States. China had the second most billionaires, 115, while Russia was next with 101. Moscow was the home to the most billionaires of any city, 79, overtaking New York City. Asia moved up to 332 billionaires. The list included 214 newcomers.
Of those, 54 were from China and 31 from Russia.
Top 10
Top 100
See also
*
List of wealthiest families
Various lists of the richest families in the world (excluding royal families or autocratic ruling dynasties) are published internationally, by ''Forbes'' as well as other business magazines.
There is a distinction between wealth held by identifia ...
References
External links
''Forbes'': The World's Billionaires 2011(complete list)
{{DEFAULTSORT:World's Billionaires 2011
2011 in economics
Lists of people by wealth
Forbes lists
Lists of people by magazine appearance