Top 5 Richest People In the World
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Bill Gates is not the richest person in the world. He is not even the second richest person in the world. Here are the top 5 people who have the most amount of money compared to the rest of the people in the world:
1. Warren Edward Buffett is now officially the most richest person in the world. Most people wouldn’t have guessed he would be the most richest person - because he have donated billions of money to charities. But seems like the old cliche says - you do good, good things happen to you. His net worth is $62 billion. And he is the America’s most beloved investor. His father was a Nebraska politician. As a young boy, he delivered newspapers and filed his first tax return at age 13 - and he claimed $35 deduction for the bicycle he bought. His company Berkshire Hathaway’s shares has increased 25% since the middle of last July.
2. So you think Mexican’s are poor eh? Think again. Carlos Slim Helú from Mexico is the second richest person. His net worth is $60 billion. He is a son of Lebanese immigrant. He started to make money when in 1990 he bought the fixed-line operator Telefonos de Mexico (Telmex) in a privatization.
3. William H. Gates III: Now here is your favorite. Bill Gates net worth hasn’t really increased much and doesn’t seem like it would - it is still $58 billion. He dropped out of Harvard university 13 years ago to start the Microsoft company that creates software and applications for computers.
4. Lakshmi Mittal is Indian, but lives in UK. He has $45 billion. He is the head of world’s largest steelmaker, ArcelorMittal, which accounts for 10% of all crude steel production. It just delivered 580 tons to be used in construction of the World Trade Center memorial in New York. With a 44% stake, he is the company’s largest shareholder.
5. Mukesh Ambani is the Asia’s richest person. He is Indian and the head of petrochemicals giant Reliance Industries, India’s most valuable company by market cap. His fortune is up $22.9 billion since last year, making him the world’s second-biggest gainer in terms of dollars. His current net worth is $43 billion. Mukesh is using some of his money to build a 27-story home.
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Lifelock for Consumer Protection
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So there was a recent article in TheRegistrar that I thought was pretty interesting. It is a fight involving Experien and Lifelock. Most people who dont’ know what Lifelock is - life lock is a identity theft protection website. It is one of the most well known that help set free fraud alerts for consumers with the credit bureaus. Therefore, it’s a fraud guardian in essence. Not only that, lifelock also help consumer with their name removal from junk mails such as pre-approved credit card offers. These mails not only irritating, time wasting and space consuming, the are also one of the top sources for identity hijacking.
But now Experian is trying to sue them for their service. See the lifelock chargest only about $10 per month for this amazing service.
Experian says that LifeLock is generating a huge numbers of alerts that is making the credit bureaus such as Experian, TransUnion and Equifax work hard. But as a consumer we know the Lifelock is doing this to protect their customers and I am glad to see their work. It’s a step forward in pre-caution and protection against id thieves.
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Ways to Save Money for Emergency Purpose
Love Your Family Health Money and Relationship
Life is very unpredictable. Sometimes there are emergency situations in our lives that we have thought would never happen to us, and thus didn’t have any emergency fund saved for them in the bank. So what would you do? That’s why it is important to think in advance and start saving money for difficult times of health, finance or even legal purposes:
Start reducing expenses: That’s probably the best strategy. Analyze how you are spending money now, and find some things that is possible for you to cut back on. Magazine purchases, gourmet coffee, comic books, cable TV, high speed internet and gadgets and all sorts of items come into mind. And put these money into savings account.
Refinance. Refinancing your mortgage or auto loan can save you a lot of money. Take the amount you save and put it in savings.
Limit your access to the money. If you are often tempted to spend your money whenever you see things you think you can afford, consider putting the money away in an account that is hard to get to. Put your savings in a money market account or fund, and when it reaches a certain amount, roll it over into a CD or Treasury bond.
Work for extra money. Take the skills you have with you and find places where you can earn extra income from the. And bank that money.
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