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Abramovich Moves Down on Russia's Rich List

Filed under: Wealth


Oligarch Roman Abramovich has taken a major tumble on this year's list of Russia's richest men and now languishes in fifth place. Russia's Finans magazine puts Abramovich's wealth at $17.1 billion, up only $100 million from a year ago despite a strong recovery for the Russian economy that saw rival tycoons cash in big time. Steel magnate Vladimir Lisin captured the top spot once again with a $28.3 billion fortune, up from $18.8 billion last year. Mikhail Prokhorov, owner of the New Jersey Nets, makes the list at number two with $22.7 billion, while Alisher Usmanov, part-owner of Arsenal Football Club, clocks in at number three with $19.9 billion. In fourth place, edging out Abramovich, is another steel tycoon, Oleg Deripaska, with $19 billion. Meanwhile there are 37 newly-minted billionaires in Russia this year, bringing the total to 114 up from 77 in 2010.

Britain's Richest People A Bit Poorer This Year

Filed under: Wealth

lakshmi mittal The Sunday Times Rich List cataloging Britain's richest people, reveals what we've seen on many other lists: people losing money. The Times says that the recession has carved £155 billion from the fortunes of Britain's richest 1,000 people, fully a third of their total wealth. In fact it's the biggest drop since they started putting the list together 21 years ago. And it now only takes a fortune of £55 million to hit the top 1,000 compared to £80 million list year.

Steel billionaire Lakshmi Mittal has the dubious honor of being both the richest person in Britain and the person who lost the most (an astonishing £16.9 billion). He is currently worth £10.8 billion easily beating out Russian billionaire Roman Abramovich who owns the second slot with £7 billion. The Duke of Westminster is in third place with £6.5 billion.

Richard Branson isn't worth as much as you might think, the Times has him at just £1.2billion. Last year's rising art markets boosted Damien Hirst's value to £235million and Lucien Freud is worth £120million. And proving that divorcing well can be as much a moneymaker as marrying well, former model Slavica Ecclestone enters the list with a fortune of £734 million after her divorce from Formula One tycoon Bernie Ecclestone.

This year's list is also short one celebrity chef. Gordon Ramsay is off the list after a year that has seen him selling restaurants and watching his flagship London restaurant tumble out of the list of the world's 100 best restaurants.

The Price of Education: What is the World's Most Expensive University?

Filed under: Services


The cost of a good education is notoriously expensive, and whether you're after the best possible edge in your career of choice or simply the prestige of having graduated from a big name school there's no doubt that the sky's the limit when it comes to how much you may end up paying. So how much do the richest of the rich pay? The most expensive 4 year university in the world appears to be George Washington University in Washington D.C. -- tuition per year runs just under $40,000 (which doesn't even include extras like room & board and books).

The Richest Counties in America


I admittedly know very little on the topic, but if I had to guess which was the richest county in America I would probably go with somewhere over in California, where all the celebrities, TV producers, and directors have their beach homes and mansions. According to Forbes, though, that guess would be way off. On their list of the richest counties in America the top 3 are all in the suburbs of Washington D.C., populated with wealthy government officials and government-related businessmen, and all but 1 of the top 10 are located in the eastern part of the country.

Meet The World's Richest Man

We first became familiar with Mukesh Ambani when we saw the picture of his planned billion-dollar skyscraper home. It turns out that Ambani, who we already knew as the richest man in India is now said to be the richest man in the entire world skating past Carlos Slim, Bill Gates, Warren Buffet and fellow builder of blockbuster homes, Lakshmi Mittal. BloggingStocks took a look at the actions of the top five reporting that Gates and Buffett are also the world's biggest philanthropists and that Slim has also pledged a desire to set up a $10 billion foundation. Mittal is busy buying up the world's steel production. Ambani is the chairman of Reliance Industries and his businesses include petrochemicals, oil refining, textiles, retail and biotechnology. Thus far his efforts on behalf of his fellow man just might be limited to subsidizing the 600 staff his new home is said to require.

The Richest Horse Races in the World

Filed under: Events


Going to a big horse race is about more than just cheering on your favorite pick, it's also all about fashion, parties, and socializing with the uber-rich. Depending on where you're headed, carnivals are scheduled around the races, there are parties galore, and no shortage of supermodels or brand name and designer goods up for sale and raffle. Horse races are big money, but the biggest of the them all is The Dubai World Cup. With a prize of $6 million dollars you can imagine what decadent luxuries they have available to keep people in the lap of luxury before, during, and after the actual running of the race. Read up and get an idea of the goings in in Dubai, plus several of the other richest horse races in the world, and get ready to plan your next vacation!

The Top 10 Richest Models in the World

Filed under: Celebrity Shopping


So we all know models make a lot of money, but do you know just how much? And if you had to guess which one was making the most money right now who would you pick? I just love the lists Forbes comes up with, and here's another great one of the world's top earning models. Its list has a total of 15 of the wealthiest models, and I've included the top 10 here:
How many of them do you recognize? And wow, Gisele is way ahead of the competition!

Where the "Richest of the Rich" Go to Vacation

Filed under: Luxury Travel & Hotels

There are high-end resorts and playgrounds all over the world for those who are used to experiencing the best of the best on a daily basis -- and "billionaire" is the magic ticket in.

Where does Steven Spielberg go when he wants to get away and relax (and maybe pow-wow off-the-record with some of the other powerful people in the world)? The Hamptons of course, because it provides that luxuriously secluded feeling without any pesky long-distance travel. And Oprah Winfrey, who obviously doesn't mind serious plane time, prefers spending time in South Africa.

But, for the ultimate in privacy and escapism, some billionaires such as Richard Branson simply buy a private island all for themselves. Well, Richard actually has two islands...

World's Richest Soccer Players

BusinessWeek has compiled a list of the world's richest soccer players, all of whom are playing in the 2006 FIFA World Cup this year. This also helps us see that, though the US may not pay its players as much as the players of other professional sports, soccer is indeed one of the most popular - and best rewarded - sports in the world. Here are the top five highest paid players and their annual incomes:

  • Ronaldinho, Brazil - $29.2 million (pictured)
  • David Beckham, England - $22.9 million
  • Ronaldo, Brazil - $22.1 million
  • Wayne Rooney, England - $20.4 million
  • Zinédine Zadine, France - $19.1 million

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