The India-born metals mogul owns 41 percent of ArcelorMittal, the world's biggest steelmaker. He is the Luxembourg-based company's largest shareholder, as well as a director of Goldman Sachs. The U.K. resident owns several London properties, including mansions on "Billionaires Row" near Kensington Palace, and holds a 34 percent stake in the Queens Park Rangers soccer team.
When Swiss prosecutors knocked on the door of DTEK Trading SA’s Geneva headquarters in February, they were on the trail of Rinat Akhmetov, Ukraine’s richest man. The billionaire, who controls the coal broker, was 2,000 miles away in Donetsk, Ukraine, brokering peace after protests had pushed Viktor Yanukovych, the country’s president -- and a longtime ally -- into exile.
Bloomberg Markets’ inaugural list of the world’s richest people showcases the billionaires who pull the levers on the global economy. Their net worth totals $2.7 trillion, about the size of the gross domestic product of France, the fifth-biggest economy on the planet.
On a grassy plain an hour’s drive southwest of Moscow, Vladimir Lisin has started producing steel at a newly completed plant. That’s something rival metals billionaire Lakshmi Mittal hasn’t achieved in Europe.
Wilbur Ross of WL Ross & Co. and his wife, author Hilary Geary Ross, helped host a fundraising dinner last night to support the restoration of Blenheim Palace in Woodstock, England, the birthplace of Winston Churchill.
It's hard not to enjoy Boris Johnson. As much of Europe, including the U.K., turns inward and throws up fences in vain attempts to ward off a global economic storm, London's mayor is arguing for open borders and trying to poach investors from France.