Make us your home page

World's richest add $241 billion to collective net worth

Still No. 1: Mexican tycoon Carlos Slim, center, speaks with other guests at the inauguration of Mexico’s newly sworn-in President Enrique Peña Nieto at the National Palace in Mexico City on Dec. 1.

Associated Press

Still No. 1: Mexican tycoon Carlos Slim, center, speaks with other guests at the inauguration of Mexico’s newly sworn-in President Enrique Peña Nieto at the National Palace in Mexico City on Dec. 1.

NEW YORK — The richest people on the planet got even richer in 2012, adding $241 billion to their collective net worth, according to the Bloomberg Billionaires Index, a daily ranking of the world's 100 wealthiest individuals.

The aggregate net worth of the world's top moguls stood at $1.9 trillion at the market close Dec. 31, according to the index, as global stocks surged more than 13 percent last year. Of the 100 people who appeared on the final ranking of 2012, only 16 registered a net loss for the 12-month period.

Here are other highlights of the index:

• Amancio Ortega, 76, the Spaniard who founded retailer Inditex SA, was the year's biggest gainer. His fortune increased $22.2 billion, to $57.5 billion, as shares of Inditex, operator of the Zara clothing chain, rose 66.7 percent.

• Carlos Slim, 72, the telecommunications magnate who controls Mexico's America Movil SAB, maintained his title as the richest person on earth for the year. The 72-year-old's net worth rose $13.4 billion — or 21.6 percent — to $75.2 billion. He was also the second-biggest gainer by dollars.

• U.S. software mogul Bill Gates, 57, ranks second on the list, trailing Slim by $12.5 billion at $62.7 billion. The Microsoft co-founder added $7 billion to his net worth. Microsoft stock accounts for less than 20 percent of the billionaire's fortune.

• Warren Buffett, 82, lost his title as the world's third-richest man to Ortega on Aug. 6. The Berkshire Hathaway chairman gained $5.1 billion during the year to finish with a net worth of $47.9 billion, even after donating 22.3 million Berkshire Class B shares in July to charity.

• Ikea founder Ingvar Kamprad, 86, is the world's fifth-richest person with a $42.9 billion fortune.

• Brazil's Eike Batista, 56, the year's biggest loser by dollars, lost $10.1 billion.

• Charles and David Koch of Koch Industries are each now worth $40.9 billion, up 20.9 percent — $7.1 billion — for the year.

• Retail fortunes rose 19.5 percent on average in 2012. chief executive Jeff Bezos, 48, added $6.9 billion to his net worth as shares of the world's largest online retailer rose 45 percent. The four heirs to the Wal-Mart Stores fortune — Jim Walton, Christy Walton, Alice Walton and Rob Walton — gained a combined $13.5 billion.

• Sheldon Adelson, gambling's richest man, gained $2.8 billion. The 79-year-old chairman of Las Vegas Sands Corp., which operates casinos in Macau, Singapore and the United States, received $1.2 billion in December when the company paid a special dividend of $2.75 per share.

• Lui Che Woo, founder of Galaxy Entertainment Group, was the biggest winner on the index by percentage gain. His fortune more than doubled to $11.9 billion.

• Asia's richest man, Li Ka-Shing, saw his fortune rise $6.4 billion. The 84-year-old chairman of Hong Kong property developer Cheung Kong Holdings Ltd. ranks 11th on the list with a net worth of $28.6 billion.

• Facebook founder Mark Zuckerberg, 28, lost $5.2 billion during the year after the company's shares fell 30 percent following its May initial public offering. He is now worth $12.3 billion.

World's richest add $241 billion to collective net worth 01/02/13 [Last modified: Wednesday, January 2, 2013 8:02pm]
Photo reprints | Article reprints

Copyright: For copyright information, please check with the distributor of this item, Bloomberg News.

Join the discussion: Click to view comments, add yours

  1. Ousted to political Siberia by Corcoran, Kathleen Peters sets sights on Pinellas Commission

    State Roundup

    TALLAHASSEE — The perks of power in Tallahassee are a coveted chairmanship, a Capitol office in a prime location and a prominent seat on the House floor. Now Rep. Kathleen Peters has lost all three, but here's the twist: Her trip to "Siberia" might actually help her reach the next step on the Tampa Bay political …

    Rep. Kathleen Peters, R-South Pasadena, has been relegated to the back row in the State House chamber, moved to a fouth floor office and stripped of her job as chairwoman of a House subcommittee after a series of disagreements with House Speaker Richard Corcoran. [SCOTT KEELER | Tampa Bay Times]
  2. UPS relocates express operations from St. Pete-Clearwater to TIA


    TAMPA — United Parcel Service Inc. is switching airports for its express air operations. Beginning in October, UPS will relocate from St. Pete-Clearwater International Airport to Tampa International Airport.

    Beginning in October, UPS will move from St. Pete-Clearwater International Airport to Tampa International Airport. [Associated Press file photo]

  3. Richard Corcoran takes aim at public financing of campaigns

    State Roundup

    TALLAHASSEE — House Speaker Richard Corcoran, R-Land O'Lakes, may not be running for governor — not yet anyway — but his latest idea will get the attention of those who are.

    House Speaker Richard Corcoran wants the Constitu?tion Revision Commis?sion to ask voters to repeal the state’s system of partial financing of statewide elections.
  4. Related Group breaks ground on complex at old Tampa Tribune site

    Real Estate

    TAMPA — When Miami developer Jorge Perez first eyed a 4.2-acre tract on the west bank of the Hillsborough River two years ago, people asked him if he wouldn't prefer to build on the opposite side closer to the downtown core.

    No way.

    From left, Related Group executive associate Arturo Penaa, Jorge Perez, center, founder and CEO of the Related Group, Mayor Bob Buckhorn and Steve Patterson, the President of Related Development dig their shovels  during the groundbreaking ceremony of the 400 unit Riverwalk Manor apartment complex on site of the old Tampa Tribune building on Wednesday. [OCTAVIO JONES | Times]
  5. Eat 3-course meals for $35 at these 100 restaurants for Orlando's Magical Dining Month

    Food & Dining

    In the early 1900s, hotels offered "table d'hote" or "prix fixe" menus as a form of loss leader. Hotels didn't necessarily make money on these lower-priced, multi-course meals, often served at communal tables, but they made up for it on the booze. Prohibition may have contributed to a gradual shift toward a la carte …

    Bulla Gastrobar serves a variety of Spanish and Portuguese dishes.