Anil still has investment lens on US

feels the country’s economy is in danger. “The world’s wealthiest business people are still wheeling and dealing even as president Bush warns ‘our entire economy is in danger’,” the magazine said.

Other names in the list are Hollywood director Steven Spielberg (networth $3.1 billion), American fund manager John Paulson ($4.5 billion), Hong Kong billionaire Li Ka-Shing ($26.5 billion), Russia’s Alexander Mamut ($1.2 billion) and Mikhail Prokhorov ($19.5 billion), Thailand’s beverage tycoon Charoen Sirivadhanabhakdi ($3.5 billion) and

Mexican magnate Carlos Slim Helu ($60 billion).

Last week, Buffett (networth $50 billion) surprised Wall Street after deciding to invest $4 billion into Goldman Sachs at a time when the country saw the fall of Lehman Brothers and distressed sale of Merrill Lynch, among others, deepening the financial turmoil.

Ambani, who has a networth of $42 billion is named along with Spielberg for their American film venture. The Indian billionaire’s Reliance Entertainment is pumping in about $500 million into the venture.

Noting that there is more billionaire deal-making happening outside the banking industry, Forbes said that Ambani and Spielberg are “putting money on America’s love of movies”.

Writing on Spielberg, the magazine said, “He will get more freedom with the help of Anil Ambani, one of the richest men in India. Ambani’s entertainment business is chipping about $500 million into the venture.

Ambani, who also owns telecom and power ventures, has been looking for ways to break into the American movie business.”