Top 10 Richest Politicians In The World
4 Michael Bloomberg
Position: Mayor of New York City
Net Worth: $27 billion
A successful investor, Bloomberg was bought out of Salomon Brothers investment house after ti was taken over. Using his $10 million severance check, he developed a computerized method of delivering real-time market information to investment houses. Through selling terminals to companies and ongoing subscription fees, Bloomberg L.P. has grown to a multi-billion dollar business data and media company, which includes BusinessWeek magazine and WNEW news radio.
3 Prince Alwaleed Bin Talal Alsaud
Position: Prince of Saudi Arabia
Net Worth: $29 billion
A member of the Saudi Arabia royal family, although not a potential inheritor of the throne, Bin Talal - the"Al saud" means "Of the House of Saud" - is an astute investor who comes by it naturally. His father has a reform-minded Minister of Finance for Saudi Arabia, and Bin Talal has managed to build a small inheritance into a massive fortune. As head of Kingdom Holding Company, he has invested millions in companies such as Citicorp, Apple, MCI and Motorola, which have provided returns of billions. He is the owner of Rotana, the largest media conglomerate in the Arab world, as well as a part owner of Fairmont Hotels and Resorts and Four Seasons Hotels and Resorts.