Forbes’ 500 most over-taxed people in the world

Bill Gates is no longer the richest man in the world - that honor now goes to Warren Buffett (who is not kin to Jimmy Buffett - and has never lived in Margaritaville).

Of course, if you buy the conservative rhetoric, the greatest impediment to every single person being an uber-billionaire is that the wealthy pay too much tax. So here are the top ten most over-taxed individuals:

1. Warren Buffett - $62 billion (Berkshire Hathaway investments) American
2. Carlos Slim Helu - $60 billion (telecom) Mexican
3. William Gates III - $58 billion (Microsoft) American
4. Lakshmi Mittal - $45 billion (ArcelorMittal steel) Indian
5. Mukesh Ambani - $43 billion (Reliance Industries petrochemicals) Indian
6. Anil Ambani - $42 billion (Reliance Communications telecom) Indian
7. Ingvar Kamprad - $31 billion (Ikea) Swedish
8. KP Singh - $30 billion (DLF real estate) Indian
9. Oleg Deripaska - $28 billion (Russian Aluminum) Russian
10. Karl Albrecht - $27 billion (Aldi grocery chain) German

If only these poor fellows (and they are all male) were not so hamstrung by having to pay taxes, they might be able to do something with all that money. In case you are wondering, there is a combined value of $376 billion - enough to give everyone on earth a $100 bill and still have a fortune left over.

Sorry, but I have to go weep for these poor bastards.

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