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BRICs: Where the Billionaires Are

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Check out the new Forbes World's Billionaires 2011.  Brazil, Russia, India and China produced 108 out of the 214 new names added.  Lakshmi Mittal of ArcellorMittal fame topped the list at No. 6 among the rich guys in the BRIC countries. His net worth was put at $31.5 billion. ArcellorMittal is the world's largest steel maker. Brazilian investor and owner of a number of oil and mining companies, Eike Batista, will probably forever be known as the man who helped bring the 2016 Summer Olympics to Rio de Janeiro. His net worth is around $30 billion. Not bad being the son of the guys behind the world's leading iron ore exporter, Brazilian multinational Vale.

Others in the Top 20:

9. Mukesh Ambani, India, Reliance Industries, $27 billion

11. (This name is perfect...with a name like this, you have to be filthy rich) Li Ka-Shing, China, Hutchinson Whampoa, $26 billion

14. Vladimir Lisin, Novolipetsk Steel, $24 billion

The Koch Industries brothers are also on the list. They have a lot of money to burn at tea parties, I hear. Nod to Rick Unger at The Policy Page.