Lakshmi Mittal (India) - $31.1 billion, steelLondon-based steel tycoon Mittal, 60, runs ArcelorMittal, the world's largest steel manufacturer.
Mittal's firm is largely funding a $29 million spiraling red tower, designed by Turner prize-winning artist Anish Kapoor and taller than New York's Statue of Liberty, that will soar over London's Olympic Park for the 2012 games.
In 2005 he spent $10 million to promote sporting talent and encourage potential Olympians in his homeland after he was disappointed by India's lone medal at the Athens Games.
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