February 13, 2012
Published: 11 Mar 10 07:34 CET | Double click on a word to get a translation
Online: http://www.thelocal.se/25458/20100311/
Two Swedes have been named among the richest people in the world, according to the latest Forbes ranking which ranks Mexican Carlos Slim in first place.
What do you think? Leave your comment below.
Swedish defence group Saab on Friday reported a major boost in earnings for 2011 thanks to winning several major contracts, but a drop in orders left investors jittery, sending Saab's stock price down nearly 10 percent. READ (2 COMMENTS) »
Mats Sundin, the ex-Swedish hockey great, has made a donation supporting research into children's health at Karolinska Institutet in Stockholm and the University of Toronto. READ (4 COMMENTS) »
H&M has been criticized for choosing not to attend a hearing to highlight poor conditions for textile workers in Cambodia, where hundreds of employees at a plant run by the Swedish fashion giant mysteriously passed out in August. READ (6 COMMENTS) »
The bankruptcy of Spanair pulled SAS into the red for 2011, despite improved operating profits, the Scandinavian airline reported on Wednesday. READ (2 COMMENTS) »
Swedish defence group Saab have announced that it will cut the price on its Gripen fighter jet to secure its Swiss order after a threat by French planemaker Dassault to undercut them. READ (5 COMMENTS) »
An overwhelming majority of Swedes disagree with Swedish prime minister Fredrik Reinfeldt's suggestion that workers should be ready to stay on the job until they are 75, a new poll shows. READ (34 COMMENTS) »
Several companies are interested in buying Saab, confirmed the bankrupt Swedish carmaker's administrators on Tuesday, while currently unwilling to disclose the identities of the bidders. READ (2 COMMENTS) »
The Swedish National Police Board has called for new international laws to catch hackers on the internet, after US internet service providers refused to divulge information on the weekend's attack on government websites. READ (5 COMMENTS) »
Emergency services in Gothenburg have come under fire recently after it came to light that a fire station had been renting out rooms to visiting colleagues. READ (2 COMMENTS) »
Swedish investment firm Kinnevik has made an offer to buy up Metro International, a global publisher of free newspapers. READ (2 COMMENTS) »

As diverse as Sweden is, there are a few societal norms that are distinctly Swedish. Understanding a handful of them will hopefully prepare you culturally before you relocate. When you're invited home to a Swede, you better be on time and take your shoes off, writes expat Lola Akinmade-Åkerström. Read more »
Sweden is a country where almost everyone can speak English. So why bother to learn Swedish? Edina Varnagy from Hungary managed with English for a whole year but then found that Swedish could open doors – to a job, a social life and greater understanding. Read more »
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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?
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.
Good to see new face on the top spot. Was getting tired of old Gates.
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.
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
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!
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?
Excellent indicator of economic recovery.
It's no fun to have loads of money, and wealth. Unless you are a real John D. Rockefeller, you can have real pangs of conscience about how you distribute it, say whether you pay 5% or so in taxes.
While the rich can buy whatever and whoever they want, it's still hard work, keeping people from stealing it from you. Then one has to spend so much time and money, figuring out where one gets the best return on it. You know, it's no picnic, dealing with all those forms, grabbing relatives, and tax lawyers.
And whatever anyone says, they give about as much money to charities as the rest of us, say 6-8%.
Ranking them is a real pleasure to read, when all those jihads are trying to grab the headlines.
So, just lay off!