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June 13, 2021
BUSINESS

Patriciu and Timis – the only Romanians in Top Forbes 2011

Romania is present with two businessmen, Dinu Patriciu and Frank Timis, in the Forbes Top of billionaires for 2011, compared to three entries in 2010. This year too, Mexican Carlos Slim Helu is in pole position with USD 74 bln, Mediafax reports. Second comes Microsoft co-founder Bill Gates, with USD 56 bln, just USD 3 bln more than last year, while the third place is held by Warren Buffet, with USD 50 bln.


Dinu Patriciu comes on the 540th position, with USD 2.2 bln. Forbes writes about him that he used the money he made from the sale of Rompetrol oil company to the Kazakh group KazMunaiGaz, in 2008, to develop his energy, real estate and retail businesses. In the Top of 2010, Patriciu ranked 437th, with the same wealth of USD 2.2 bln.


Frank Timis is present, this year, for the first time in the Forbes Top, on the 1057th place, with USD 1.1 bln. Timis, an investor in oil and minerals, is present in the Top due to the stakes he holds in African Minerals, African Petroleum and International Petroleum, with operations in Kazakhstan. This year’s Top no longer features Ion Tiriac (937 in 2010) and Ioan Nicolae (880 last year). This year’s edition of the Forbes Top establishes two records: the highest number of billionaires, 1,210 (1,011 last year) and the biggest wealth of participants, at USD 4,500 bln. Brazil, Russia, India and China account for 108 of the 214 newcomers.

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