The richest man in the world - Egyptian President Hosni Mubarak

London, Feb 8(ANI): Egyptian President Hosni Mubarak is likely the richest man in the world with an estimated fortune worth about 70 billion dollars.

According to the Guardian, Mubarak has money stashed in several Swiss and other foreign bank accounts, and has shadowy real-estate holdings in Manhattan, London and Rodeo Drive in Beverly Hills.

The 70 billion dollars would put the 82-year-old comfortably ahead of Mexican business magnate Carlos Slim Helu, who is worth about 53.5 billion dollars, and Microsoft founder Bill Gates, the richest American with 53 billion dollars.
(source: http://in.news.yahoo.com/hosni-mubarak-richest-man-world-estimated-70-billion-20110208-012327-409.html & http://www.guardian.co.uk/world/2011/feb/04/hosni-mubarak-family-fortune#history-link-box)

How did this man, a politician acquired his assets? Mubarak was appointed Vice President in 1975, and assumed the Presidency on October 14, 1981, following the assassination of President Anwar El Sadat. He is the longest-serving Egyptian ruler since Muhammad Ali Pasha. Now he is facing political crisis in Egypt.

Forbes list of billionaires

Forbes list of billionaires is based on an annual assessment of wealth and assetts compiled and published by Forbes magazine on March 10, 2010. The following list is Forbes ranking of an assessment of the wealth and assets of the world's billionaires as of February 12, 2010, and does not reflect changes since then. There are 1,011 names in this year’s list. United States currently has the most billionaires amongst the world's top 10 but India is expected to soon overtake the United States to gain more billionaires among the world’s top 10 than any other country.

The top 5 are:

1. Carlos Slim HelúCarlos Slim Helú and family, $53.5 billion increase, age 70, from Mexico
2. William Henry Gates III,$53.0 billion increase, age 54, from United States
3. Warren Buffett, $47.0 billion increase,age 80,from United States
4. Mukesh Ambani,$29.0 billion increase, age 53, from India
5. Lakshmi Mittal ,$28.7 billion increase, age 60, from India

For other names in the list, please refer to http://www.theworldsrichest.com/ & http://billionaires.forbes.com/

This list of non-Forbes billionaires

This list of non-Forbes billionaires is a list of those persons who have not been included offically in Forbes magazine's annual World's Billionaires list but have nonetheless been cited as billionaires (or people with a net worth of more than one billion USD) by various other credible sources. This list is neither exclusive nor exhaustive.

Name – Occupation – Country – Estimated net-worth (in USD)

1. Hosni Mubarak – Politician – Egypt – $70 billion [1][2]

2. Vladimir Putin – Politician – Russia – $40 billion [3][4][5][6]

3. Lai Changxing – Businessman – China – $10 biliion [7]

4. Hasan Ali Khan – Businessman – India – $9 billion [8][9][10]

5. Prince' Dr. Musa Bin Shamsher – Businessman (arms-dealer) – Bangladesh – $7 billion [11][12]

6. Massud Barzani – Politician – Iraq Kurdistan – $2 billion [13]

7. Asif Ali Zardari – Politician – Pakistan – $1.8 billion [14][15]

8. Madhu Koda – Politician – India – $1 billion [16][17][18]

9. Adnan Khashoggi – Businessman (arms-dealer) – Saudi Arabia – $1 billion [19][20][21]

10. Dawood Ibrahim – Crime-boss – India – $1 billion [22]

11. Semion Mogilevich – Crime-boss – Russia – $1 billion [23]

12. Sonja Zuckerman – Real Estate and Finance – Egypt – $2.9 billion

(source: wikipedia)

After all, Egypt's President is the richest man in the world, as listed by some sources.

Sources:

1. Forbes list of billionaires, http://en.wikipedia.org/wiki/Forbes_list_of_billionaires
2. List of non-Forbes billionaires,http://en.wikipedia.org/wiki/List_of_non-Forbes_billionaires
3. Hosni Mubarak richest man in world with estimated 70 billion dollar fortune: Report, http://in.news.yahoo.com/hosni-mubarak-richest-man-world-estimated-70-billion-20110208-012327-409.html
4. Mubarak family fortune could reach $70bn, say experts, http://www.guardian.co.uk/world/2011/feb/04/hosni-mubarak-family-fortune#history-link-box
5. Mubarak's wealth could reach 70bn ,http://www.presstv.ir/detail/163881.html