• Sweden edition
 

Two Swedes named on world rich list

Published: 11 Mar 2010 07:34 GMT+01:00
Updated: 11 Mar 2010 07:34 GMT+01:00

Microsoft founder and philanthropist Bill Gates was pushed into second place by the Mexican telecom magnate, the second time Gates has lost top spot since 1995 in the Forbes magazine rankings.

Slim is worth a purported $53.5 billion while Gates has to make do with $53 billion, followed by US investor Warren Buffet on $47 billion.

The trio of well-heeled men have regained the combined $53.5 billion wiped off their fortunes in 2009.

The first Swede on the list is Ikea founder Ingvar Kamprad in 11th place. The Kamprad family fortune amounts to $23 billion. The richest Swedish resident is Stefan Persson of clothing chain H&M in 13th place with $22.4 billion.

Last year the Kamprads' then $22 billion fortune was enough to claim 5th place in the list. Persson has meanwhile expanded his wealth, from $14.5 billion last year, and climbed from 18th place as a result.

There are now 1,011 US dollar billionaires, in comparison to 793 in 2009 and 1,125 in 2008.

The net wealth of the world's billionaires has rebounded to $3.5 trillion, up $1.1 trillion on 2009 but still a way off 2008 levels of $4.4 trillion.

The number of women on the Forbes list of billionaires has increased from 72 in 2009 to 89.

"The global economy is recovering which can be seen reflected in the list this year," said the magazine's CEO Steve Forbes.

TT/The Local (news@thelocal.se)

Don't miss...X
Left Right

Your comments about this article

08:20 March 11, 2010 by dobermann
So who said , that one can't be super rich in Sweden?:)
08:39 March 11, 2010 by Hamish
that there is one true comment dobermann! always hearing that its hard to become rich in sweden but here is the proof really
09:13 March 11, 2010 by Localer
$53.5 billion....gosh thats alot of money!!! gonna last for 10 or 100 generations!!
09:41 March 11, 2010 by Mina08
dont forget that their companies are NOT registered in Sweden.....
10:01 March 11, 2010 by ponderer
"The Kamprads then $22 billion fortune was last year enough to claim 5th place in the list. "

I would expect the ppl writing in a news-in-english website to have at least an elementary grasp of syntax. Or perhaps someone's 5-year old son was helping dad out at work that morning like that air-traffic controller?
10:08 March 11, 2010 by jack sprat
Kamprad has got rich outside of Sweden, partly by avoiding Swedish taxes and having most ofl his spare dosh stashed in the Dutch Antllles,

I would doubt if anyone would know the true figures,(as possibly with the others,mostly guesswork),

However I would hazard a guess he should really be in the top two or three.
10:36 March 11, 2010 by dsc
That is supposed to be almost illegal in Sweden.

Good to see new face on the top spot. Was getting tired of old Gates.
11:19 March 11, 2010 by Audrian
One of the major consequences of market fundamentalism is the redistribution of income in favor of few individuals. Those who loose in this rat race are the middle class and working people. The size of chronic unemployment, prison population and homelessness in the major capitalist countries is rising.

Historically competitive capitalism made some very rich but also raised the standard of living of the working people considerably. Under monopoly capitalism and globalization it is making a few too rich. That is why Warren Buffet and Bill Gates who clearly understood this contradiction are planning to give away most of their wealth at the time of their death.
11:32 March 11, 2010 by mac_007
Here is the list

Rank Name Citizenship Age Net Worth ($bil) Residence

1 Carlos Slim Helu & family Mexico 70 53.5 Mexico

2 William Gates III United States 54 53.0 United States

3 Warren Buffett United States 79 47.0 United States

4 Mukesh Ambani India 52 29.0 India

5 Lakshmi Mittal India 59 28.7 India(UK)

6 Lawrence Ellison United States 65 28.0 United States

7 Bernard Arnault France 61 27.5 France

8 Eike Batista Brazil 53 27.0 Brazil

9 Amancio Ortega Spain 74 25.0 Spain

10 Karl Albrecht Germany 90 23.5 Germany
11:59 March 11, 2010 by peropaco
So these are the post we are allowed to leave comments on? The super rich (Gates) is now the second richest person in the world? Who gives a darn?? The Local is becoming a victim to its own success and with it comes its draconian censorship on expression. This used to be a fairly fun site but now it may as well move its HQ to Saudi Arabia.
12:03 March 11, 2010 by StockholmSam
They did not get rich in Sweden. They got rich on the global market. BIG difference.
16:17 March 11, 2010 by GefleFrequentFlyer
I'm not sure if it's fair to give the top ranking to someone who thieves the money in the form of a monopoly.
19:14 March 11, 2010 by seychelle_18
I wonder if these rich people share their wealth to those most in need like in Haiti and some other places in calamity.
23:58 March 11, 2010 by Freebie
Bill Gates shares his wealth, as documented in a January AP news release: DAVOS, Switzerland (AP) - The Bill and Melinda Gates Foundation will donate $10 billion over the next decade to research new vaccines and bring them to the world's poorest countries, the Microsoft co-founder and his wife said Friday. (January 29, 2010).
05:22 March 12, 2010 by Da Goat
These are obscene amounts of money

if converted to cash would be hectares of pallets worth

this money is almost impossible to spend as it would grow faster than you could get rid of it!
11:22 March 12, 2010 by seychelle_18
That's good to hear that wealth are distributed voluntarily.
14:36 March 12, 2010 by Swedesmith
Can anyone help me? I'm looking for a wealthy 80 year old woman with a bad cough and a desire to marry.
16:29 March 12, 2010 by Jim S
@ponderer: a careful perusal of the article reveals that it was written by news agency TT, rather than a Local staff member. While the author's English grammar might benefit from remedial coursework, the person in question most likely wrote in a language other than his or her native tongue.

Although I can read Swedish, can communicate my basic needs in shops, and can write a rudimentary form of it (I live in California, not Sweden), any attempt I might make to write a news article in Swedish would make the syntax in the article seem like something from the New York Review of Books.

Do you live in a glass house?
18:41 March 12, 2010 by desert voice
According to the latest statistics, there are currently 1,011 billionares in the world (of which Bin Laden is one). That's a lot of money centralized in a few hands while millions starve! I have read that Eike Batista, one of the new billionaires, makes 20 billion a year. Just think how many families that live on one dollar a day could be fed with 20 billion! Out of the 1,011 billionaires that I mentioned, there are ten that make above 100 billion a year. That's quite a sum for ten people to spend! As for Bill Gates, he is said to have donated to charity some 30 billion. Now, if this were true, he would have given a 30 million people a 1,000 dollars. Did any of you get 1,000 dollars recently? I did not! Which leads me to believe that the media exagerate Bill Gate's "charities", which by the way are non-taxable! Draw your own conclusions. Like Ricky, I am furious that the world is unable to control these billionares in such a way, that they are held accountable for the econoimic disparity in the world, the hunger, the unemployment! I do believe that Bin Laden is somewhere hiding. He wouldn't be hiding if his money was frozen by the banks! Money opens many doors. His money makes his hiding possible. One possible place where he is hiding, is Pakistan. I mention Pakistan because a state-sponsored terrorist stands more chances to hide in that place. But there are many other countries that might help him to hide! We must somehow change the world!
12:44 March 13, 2010 by NickM
"The global economy is recovering which can be seen reflected in the list this year," said the magazine's CEO Steve Forbes.

Excellent indicator of economic recovery.
08:01 March 14, 2010 by ali_bin_umar
@desert voice... Osama bin Ladin is for sure sitting in new Delhi in India...as you know most of the terrorism, suicide attacks inside Pakistan killing innocent ppl by these talibans are being funded by RAW indian spy agency. These terrorist have been recovered with Indian made arms and ammos... btw an Indian national is in the top 10 richest person but the Indian nation as whole are the poorest in the world...see statistics
11:41 March 16, 2010 by ycover
It is disturbing to see Carlos Slim at the top of the list..... the mothef**** owns Latinamerica with his selfish greaty monopolies.... At least Bill Gates and Warren Buffet come from a country were extreme poverty is not a problem... but Slim??? He should be ashamed of it rather than proud (in case he is, don't really know that, but he has sure stayed on the top 3 for a while).
Today's headlines
Stockholm Pride 2014
Stockholm Pride bars Sweden Democrats
Photos: Henrik Montgomery/Fredrik Persson/TT

Stockholm Pride bars Sweden Democrats

While a record number of ministers and party leaders will participate in the Stockholm Pride Parade this year, there are notable exceptions - including SD leader Jimmie Åkesson, who is not only 'uninterested' but banned. READ  

Gender neutral 'hen' enters dictionary
Soon 'hen' will be found on this page. Photo: The Local

Gender neutral 'hen' enters dictionary

The ever-controversial pronoun 'hen' has won its battle and is set to officially become part of the Swedish language. READ  

Pines, polska and magic: Urkult Music Festival
Photo: Danny Chapman/The Local

Pines, polska and magic: Urkult Music Festival

The Urkult music festival in northern Sweden may be less sex, drugs and rock'n'roll and more family fun, chai and polska dancing - but Danny Chapman says it’s one of the most magical Swedish experiences he has had. READ  

Presented by Stockholm Business Region
Introducing... ID cards and permits in Stockholm
You want one of these. Photo: Skatteverket

Introducing... ID cards and permits in Stockholm

When it comes to data-driven life, from daycare to healthcare, Sweden is in a league of its own. Above all, your personal number is the key that unlocks life in Stockholm. READ  

In Pictures: The Local's Property of the Week
Photo: Fastighetsbyrån

In Pictures: The Local's Property of the Week

All aboard! We're off to the island of Gotland for our Property of the Week - a home right in the heart of Medieval Visby. Whether you're looking to buy or dying to look - this is the place for you. READ  

Stockholm Pride 2014
Stockholm Pride glides into seventeenth year
Stockholm Pride. Photo: Erik Mårtensson/TT

Stockholm Pride glides into seventeenth year

The largest pride festival in Scandinavia is back for the 17th year in a row. The week promises to be packed with activities - and a glamorous opening gala with Eurovision winner Conchita Wurst. READ  

Preschool teacher arrested for child rape
Photo: Hasse Holmberg/TT

Preschool teacher arrested for child rape

A man has been arrested on the suspicion of raping a child at the preschool where he is employed. READ  

Police arrest 17 people after fatal shooting
Police at the scene. Photo: Niklas Luks/TT

Police arrest 17 people after fatal shooting

Seventeen people were arrested during the early hours of Tuesday after a man was shot dead in central Sweden. Several of the suspects were already known to the police for gang crimes. READ  

Cops find 15kg cocaine stash in woman's car

Cops find 15kg cocaine stash in woman's car

A 35-year-old woman faces charges for aggravated narcotic crimes after police found 15 kilogrammes of unusually high-concentrated cocaine in her car. READ  

Opinion
The top six ways the US and Sweden differ

The top six ways the US and Sweden differ

Back home in the US and with a solid Swedish stint under his belt, contributor Steven Schier has listed what he thinks are the six biggest differences between Sweden and the states. READ  

RECEIVE OUR NEWSLETTER AND ALERTS
Skatteverket
Sponsored Article
Introducing... ID cards and permits in Stockholm
Gallery
People-watching, June 26th - 28th. Get inside Stockholm's hottest nightclubs
Gallery
Top ten Swedish taboos
Society
Seven-year-old Swede cycles to Berlin
Politics
'Gaza conflict needs help, not empty rhetoric'
Blog updates

27 July

Approaching Stockholm (Around Sweden in a kayak) »

"I woke up in the comfort of my own little cabin on Eva and Rolf’s boat, it was 7:30am and I was feeling a bit groggy after a couple of beers with all the lovely locals the night before. The previous day had really taken its toll on my body and I was very stiff and..." READ »

 

24 July

Sharing our Pride: Celebrating Love & the LGBT Community! (Stockholm in my American Heart) »

"It’s mid- July in Stockholm, and with much of the city on vacation, things can seem a little quiet – the streets, the bus, and the grocery store. One thing that has not paused for a summer break, though, is preparation for Stockholm’s Pride Festival, which will take place from July 28 to August 2...." READ »

 
 
 
Society
Swedes voted 'most beautiful' in the Nordics
Business & Money
Sweden demands EU clarity on Bitcoin tax
National
Swedish organic sales enjoy 'amazing' growth
Photo: Johan Nilsson/TT
Society
What's On in Sweden
Gallery
People-watching July 23
National
Swedish cops elect not to shoot 'angry elks'
Business & Money
New alcohol retail rules threaten micro-breweries
Gallery
People-watching Båstad
Business & Money
Sweden falls to third in global innovation index
Society
Swedish ornithologists keep webcam watch
Photo: Andreas Nordström/Image Bank Sweden
Gallery
Top ten Swedish beach hot spots
Tech
Swedish Wiki vet sets new content record
Photo: Fastighetsbyrån
Lifestyle
In Pictures: The Local's Property of the Week
Photo: Finest.se
Gallery
People-watching July 15-16
Photo: Ola Ericson/Image Bank Sweden
Society
What's On in Sweden
Photo: Lisa Mikulski
National
Hope springs eternal for expat pet shop owner
Gallery
Princess Estelle steals limelight at mum's birthday
National
Swedes risk infants' lives by covering up prams
National
Swede runs for office just using Bitcoin funds
Sponsored Article
Introducing... Your finances in Stockholm
Sponsored Article
Introducing... Housing in Stockholm
Latest news from The Local in Austria

More news from Austria at thelocal.at

Latest news from The Local in Switzerland

More news from Switzerland at thelocal.ch

Latest news from The Local in Germany

More news from Germany at thelocal.de

Latest news from The Local in Denmark

More news from Denmark at thelocal.dk

Latest news from The Local in Spain

More news from Spain at thelocal.es

Latest news from The Local in France

More news from France at thelocal.fr

Latest news from The Local in Italy

More news from Italy at thelocal.it

Latest news from The Local in Norway

More news from Norway at thelocal.no

732
jobs available
Swedish Down Town Consulting & Productions
Swedish Down Town Consulting & Productions is an innovative business company which provides valuable assistance with the Swedish Authorities, Swedish language practice and general communications. Call 073-100 47 81 or visit:
www.swedishdowntown.com
If you want to drink, that’s your business.
If you want to stop, we can help.

Learn more about English-language Alcoholics Anonymous in Sweden. No dues. No fees. Confidentiality assured.
AA-EUROPE.ORG/SWEDEN
PSD Media
PSD Media is marketing company that offers innovative solutions for online retailers. We provide modern solutions that help increase traffic and raise conversion. Visit our site at:
http://psdmedia.se