ANSWERS: 2
  • Lakshmi Mittal resides in the UK (has India citizenship) $45 billion
  • 1) Rinat Akhmetov (or maybe Vladimir Putin) "Richest man in Europe? For a long time, the title of richest man in Europe fell to Ingvar Kamprad, the founder of Ikea. It seems, though, that his title may have been taken away. Rinat Akhmetov (pictured), a Ukrainian businessman, may now hold that honor, at least according to an article in the Korrespondent (Hat tip: Ukrainiana). According to the Korrespondent, Akhmetov is worth some $31.1 billion, while Forbes has Kamprad pegged at 'only' $31 billion. If it's true, this development would be consistent with a Merrill Lynch/Capgemini study showing that Western Europe is losing its share of the world's billionaires because of large gains in developing and transition countries. However, Akhmetov is not the only person with a claim to be richest man in Europe. According to Stanislav Belkovsky, a "controversial political scientist," Vladimir Putin is worth some $40 billion. Putin declined the honor of this particular title, calling the political scientist's claim "trash." " Source and further information: http://psdblog.worldbank.org/psdblog/2008/07/richest-man-in.html Further information: http://tap-the-talent.blogspot.com/2008/06/akhmetov-net-worth-311b-named-richest.html http://www.novinite.com/view_news.php?id=88758 2) "Non-Resident Indian business tycoon Lakshmi Mittal, who owns world's largest steel company Mittal Steel, has emerged as the richest man in Europe with a wealth worth 24 billion euros, a study has said. According to media reports, the study undertaken by the Luxury Institute, a research organization specializing in the super-wealthy claimed 53-year-old Mittal now tops the list of 50 wealthiest people in Europe." Source and further information: http://www.nriol.com/content/snippets/snippet996.asp 3) "No. Name Net worth (USD) Age Citizenship Residence Sources of wealth Ref. 1 Warren Buffett $62.0 billion â–² 77 United States United States Berkshire Hathaway [1] 2 Carlos Slim Helú $60.0 billion â–² 68 Mexico Mexico Telmex, América Móvil [1] 3 Bill Gates $58.0 billion â–² 52 United States United States Microsoft [1] 4 Lakshmi Mittal $45.0 billion â–² 57 India United Kingdom Arcelor Mittal [2] 5 Mukesh Ambani $43.0 billion â–² 50 India India Reliance Industries [2] 6 Anil Ambani $42.0 billion â–² 48 India India Anil Dhirubhai Ambani Group [2] 7 Rinat Akhmetov $31.1 billion â–² 41 Ukraine Ukraine SCM Holdings [3][4][5] 8 Ingvar Kamprad and family $31.0 billion â–¼ 81 Sweden Switzerland IKEA [2] 9 Kushal Pal Singh $30.0 billion â–² 76 India India DLF Group [2] 10 Oleg Deripaska $28.0 billion â–² 40 Russia Russia Rusal [2] 11 Karl Albrecht $27.0 billion â–² 88 Germany Germany ALDI [2]" Source and further information: http://en.wikipedia.org/wiki/List_of_billionaires_%282008%29 According to this list, the richest European citizen is Rinat Akhmetov, and the richest European resident is Lakshmi Mittal.

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