Xavier’s College Calcutta, Bachelor of Arts / ScienceĬoming-out year for the steel titan, who now oversees the world’s largest steel company, Lakshmi Mittal, 54, $25.0bn, India, London (UK) Outnumber critics: Berkshire’s folksy annual meeting crowds routinely top 15,000. Governance, became target of failed campaign to vote him off Coca-Cola board. Of Bush tax cuts, courted as adviser to pols Arnold Schwarzenegger and John Kerry. “If we fail, we will have no excuses.” Since taking control of Berkshire has delivered compound annual return of 24%. Bought mobilehome maker Clayton Homes after reading autobiography by company founder. Charlie and I detest takingĮven small risks.” Recent bets include Pier One Imports, Comcast, food distributor McLane. Underutilized: “It’s a painful condition to be in, but not as painful as doing Admits Berkshire’s $30 billion-plus cash hoard is Stakes in American Express, Coca-Cola, Gillette (now set to merge with Studied under Benjamin Graham at Columbia.Īpplied value-investing principles to build Berkshire Hathaway to $133īillion (market cap) holding company: insurance, energy, carpets, jewelry,įurniture, paint (Benjamin Moore), apparel (Fruit of the Loom). Newspaper delivery boy filed first 1040 at age 13 claimed $35ĭeduction for bicycle. University of Nebraska Lincoln, Bachelor of Arts / Science Warren Buffett, 74, $44.0bn, USA, Omaha, Neb. World’s biggest philanthropist also devoting $27 billion to good deeds.īill & Melinda Gates Foundation fights infectious diseases (hepatitis B, AIDS), funds vaccine development, Through Cascade Investment in non-tech companies, including big stakes in Cox Communications, Canadian Gates is methodically diversifying his wealth: He sells 20 million shares each quarter, reinvests Microsoft, meanwhile, is pursuing online music, photos and search Next version, Longhorn, should be ready in 2006. Server market, but desktop dominance remains intact: Windows installed inĩ4% of PCs being sold. Open source operating system, Linux, is stalling Microsoft’s growth in the Proclaimed to company researchers last August. Staying plenty busy pressing Microsoft beyond PCs into television set-topīoxes, games, cell phones. William: the title is only good for citizens of the Commonwealth. Gates was given honorary knighthood in March, but don’t call him Sir William Gates III, 49, $46.5bn, USA, Medina, Wash. (Each listing will include the rank, name, age, worth, country of citizenship, and residence, along with
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