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Email this article: Saudi Prince Alwaleed bin Talal joins Billionaires Index
Posted: Thu April 19, 2012 1:05 pm
INTERNATIONAL. The combined wealth of the 40 richest individuals on Earth is US$1.1 trillion; Alwaleed ranks 24th on the index with a net worth of US$20.5 billion; Carlos Slim remains the richest person in the world, with a fortune of US$68.8 billion.
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SAUDI ARABIA. The combination of accelerating US supply, weaker than expected global demand, stabilization in geopolitics, and an appreciation of the dollar, led to oil prices dropping to an average of US$102 per barrel, according to the latest Jadwa Investment Global Oil Market Update.
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