Forbes Richest People in the World Stocks

Many of the world's billionaires have close ties to publicly traded companies; here are some of those stocks.
By Stockpickr Staff ,

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 Mittal

(MT) - Get Report

. 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. Steel

(X) - Get Report

, with a P/E of 20. He also likes

Amazon.com

(AMZN) - Get Report

, which has a P/E of 65, and

Covidien

(COV)

, 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 Sands

(LVS) - Get Report

. 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

Google

(GOOG) - Get Report

, which has a P/E of 34;

Research In Motion

(RIMM)

, with a P/E of 51; and

Intuitive Surgical

(ISRG) - Get Report

, 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

Oracle

(ORCL) - Get Report

, 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

Mirant

(MIR)

, with a P/E of 5;

Atlas America

(ATLS)

, with a P/E of 56; and

Williams Companies

(WMB) - Get Report

, with a P/E of 22.

You can see the complete list of the

Forbes Richest People in the World Stocks

at Stockpickr.com.

Stockpickr is a wholly owned subsidiary of TheStreet.com.

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