World’s Top 10 Richest People 2010
Here is a list of the World’s top 10 richest people, all of which had their wealth increased in the time of recession:
- Carlos Slim, Age 70, (Telecommunications) $53.5 billion (Up $18.5 billion)
- Bill Gates, Age 54, (Chairman of Microsoft Corp) $53 billion (Up $13 billion)
- Warren Buffett, 79, (Chairman of Berkshire Hathaway Inc.) $47 billion (Up $10 billion)
- Mukesh Ambani, 52, (Reliance Industries Ltd) $29 billion (Up $19.5 billion)
- Lakshmi Mittal, 59, (CEO ArcelorMittal) $28.7 billion (Up $9.4 billion)
- Larry Ellison, 65, (Chief Executive Oracle Corp.) $28 billion (Up $5.5 billion)
- Bernard Arnault, 61, (Chairman /Chief Executive LVMH Moet Hennessy Louis Vuitton SA) $27.5 billion (Up $11 billion)
- Eike Batista, 53, (Mining) $27 billion (Up $20 billion)
- Amancio Ortega, 73, (Chairman /Founder Inditex SA) $25 billion (Up $6.7 billion)
- Karl Albrecht, (Co-Founder Aldi Group) $23.5 billion. (Up $2 billion
Categories: Interesting News, business Tags: 2010 richest people, batista, berkshire hathaway, berkshire hathaway inc, bill gates, carlos slim, ceo, chairman of microsoft, co founder, communication, forbes, group, karl albrecht, lakshmi mittal, larry ellison, man, microsoft corp, moet hennessy louis vuitton, mukesh ambani, oracle corp, ortega, recession, reliance industries, reliance industries ltd, top 10 richest people, warren buffett
UK not in Recession hints Andrew Sentence (Bank of England)
Dr Andrew Sentence, member of the Bank of England’s monetary committee, says UK economy appears to be growing again, i.e. out of recession. UK has joined the likes of the US, Japan, Germany, and France; all countries that have come out of recession.
The Office of National Statistics said that the economy had grown by 3 tenths of percent between July and September, which is less than expected by welcomed.
Categories: Economics, General, Science Tags: andrew, bank of england, monetary, recession, statistics, uk economy
Marks & Spencer Penny Bazaar 125 years Anniversary Celebration
Today is Marks & Spencer 125th anniversary. 125 years ago M&S started out as a penny bazaar at Leeds Kirkgate Market and has grown into a national chain of retail stores and so far, not running into any grave financial difficulties as other retail chains have done in the current UK recession (as far as we know).
Marks and Sparks are holding a 1p (one penny) bazaar selling, yes you guess it, selected number of items for a penny, and all proceeds will go to a children’s charity.
They are 2 million items worth of stock to satisfy the demand for the 20 items going for a penny. Each person is subject to a maximum of five items.
As you can imagine, there were queues:
Here are some of the items WE received:
A5 notebook:
box of chocolates:
Card game:
Children’s puzzle game:
mini yules:
handerchief:
Money box:
Mug:
Tie:
Socks:
Tea towel:
Trolley token:
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Categories: General Tags: 125th anniversary, a5, amp, anniversary, anniversary celebration, bazaar, card game, celebration, charity, financial difficulties, game children, leeds kirkgate market, mark, marks spencer, money box, penny, proceeds, puzzle game, queues, recession, retail, retail chains, retail stores, socks, sparks, spencer, stock, tea towel
