Forbes Richest People in the World Stocks

Forbes magazine recently came out with its list of the richest people in the world, tallying up 1,125 billionaires. If you peruse the list, you will find that many of these individuals are connected to publicly traded companies, usually as a founders or CEOs.

Stockpickr reviewed the list of the wealthiest 20 people and came up with the Forbes Richest People in the World Stocks, a list of stocks associated with these billionaires.

Arcelor Mittal: The fourth-richest person in the world is Lakshmi Mittal, a resident of London and the head of the largest steel manufacturer in the world, Arcelor MittalMT. The World Trade Center memorial in New York City is using 580 tons of his steel. The stock was just upgraded by Citigroup from a hold to a buy. It has a P/E of 11.5 and a PEG of 2.49, and it pays a yield of 1.8%.

Arcelor Mittal is also a favorite of Bill Miller, the portfolio manager of Legg Mason Value Trust, who outperformed the S&P 500 for 14 straight years ending in 2006. Miller also likes another steel company, U.S. SteelX, with a P/E of 20. He also likes Amazon.comAMZN, which has a P/E of 65, and CovidienCOV, which has a forward P/E of 16.

Las Vegas Sands: Sheldon Adelson, the 12th-richest person in the world, is the chairman, CEO and treasurer of Las Vegas SandsLVS. Adelson opened the Venetian Macao last year at a cost of $2.4 billion. The Palazzo Las Vegas, owned by the Sands, was just named the largest "green" building in the world by the U.S. Green Building Council. The stock has a P/E of 210 and a PEG of 1.13.

The Sands is also held by the Janus Adviser Forty Fund, a long-term growth fund managed by Scott Schoelzel. It has had an average annual return of 21.19% over the last three years. The fund also owns GoogleGOOG, which has a P/E of 34; Research In MotionRIMM, with a P/E of 51; and Intuitive SurgicalISRG, with a 92 P/E ratio.

Oracle: Larry Ellison came in at No. 14 on the top-20 list. Ellison is the head of enterprise software company OracleORCL, which has been on a buying spree lately. The company just announced the release of Oracle Deal Management, which can be used to help companies increase profits by giving salespeople a software tool to help them optimize the deal process, control price erosion and make better pricing decisions. Oracle has a P/E of 21 and a PEG of 1.07.

Oracle is also owned by Leon Cooperman, founder of the $4.5 billion hedge fund Omega Advisors. Other Omega holdings include MirantMIR, with a P/E of 5; Atlas AmericaATLS, with a P/E of 56; and Williams CompaniesWMB, with a P/E of 22.

You can see the complete list of the Forbes Richest People in the World Stocks at Stockpickr.com.