Previous
Carlos Slim retained the top spot on the Forbes rich list for the second year in a row. Of the 11 richest men in the world, here are the top five who come from emerging economies in Latin America and Asia.
Lakshmi Mittal. (Charles Caratin/Reuters/File)
2. Lakshmi Mittal, $31 billion
Worth $31 billion, Lakshmi Mittal is India's richest man, Europe's richest resident, and the sixth richest person in the world. He was the world's fifth-richest man last year, but has been bumped back by the rise of Frenchman Bernard Arnault (now ranked 4th, up from 7th last year) and American Larry Ellison (now ranked 5th, up from 6th last year).
Mr. Mittal serves as chairman of ArcelorMittal ADS, the world's largest steel-maker, whose net profits rose 20 percent over 2010 to $78 billion, according to Forbes. He lives in London.
These comments are not screened before publication. Constructive debate about the above story is welcome, but personal attacks are not. Please do not post comments that are commercial in nature or that violate any copyright[s]. Comments that we regard as obscene, defamatory, or intended to incite violence will be removed. If you find a comment offensive, you may flag it.