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Highlights billionaires from Europe found on `Forbes' magazine's 1995 list of the world's richest people. Brief information on billionaires from France, Germany, Greece, Ireland, Italy, Netherlands, Scandinavia, Spain, Switzerland and the United Kingdom; New names on the 1995 list, including the Rothschild family, Dietmar Hopp, Hasso Plattner, the Jahr family and others; Names; Estimated net worth; Primary sources of wealth.

Highlights `Forbes' magazine's 1995 list of the world's ten richest business people. How two United States citizens top the list for the first time in nine years; The estimated worth of William H. Gates III, Warren Buffett, Hans Rausing, Yoshiaki Tsutsumi, Paul Sacher, Tsai Wan-lin, Kenneth R. Thomson, Lee Shau Kee, Chung Ju-yung and Li Ka-shing; Ethnic backgrounds; Reasons for changes in position since 1994's list; How these men made their money. INSETS: The talk of the Bursa Efek Jakarta;Meet the family.

Offers an introduction to `Forbes' magazine's Eighth Annual Survey of the world's wealthiest people. Comparison of fortunes of several countries for 1987 and 1994; Creation of wealth in Asia.

The article states that the recovery in the U.S. construction industry is gaining momentum led by single-family housing. The total of new construction contracts awarded in 1994 is expected to rise 9%, to a total value of around $285 billion. Analysts expect single-family housing to rise by 6% to 9%, to about 1.2 million units in 1994. The South and South Central regions will continue to lead the housing rebound, with growth of 14% and 11%, respectively. The least robust segment of residential construction is multifamily housing, which still suffers from capital constraints and overbuilding of rental units in many areas. In 1986 multifamily units made up 35% of all housing starts. The last segment to recover will be commercial construction.

Reports that investors are looking for more serious opportunities in the Middle East. Recommendations of Oppenheimer & Co. analyst Lior Bregman; PEC Israel Economic Corp.; Ampal-American Israel Corp.

Presents an interview with Antonio Martino, Foreign Minister, Italy. Opinion that European countries should first ask themselves why they want a united Europe in the first place; View that one should take discretion away from the European Central Bank in deciding the rate of monetary expansion; Expression of disappointment with public sector in Italy.

The article presents information on the rich people of Greece. Costas Lemos, who belongs to the island of Inousa, after selling his ships invested in real estate and stocks. His estimated net worth is $2.5 billion. Livanos family is Greek's major shipping family and has an estimated fortune of $1.7 billion. It mentions that the Livanos family prefer matrimonial alliance with shipping entrepreneurs. Arietta Livanos, daughter of Livanos family, is married to son of a shipping centi-millionaire.

Features Nicholas St. George, chief executive of Oakwood Homes. Overexpansion of the company in the 1980s; The buildup of Oakwood's financing division; 1993 sales and profits.

This article reports on Nestle Corp.'s efforts to set up production in emerging markets. Nestle has averaged 8% sales and 9% earnings increases over the past four years, despite global recession. In industrialized markets, Nestle remains hungry for acquisitions, but only at the right price. Three years ago it bought mineral water vendor Source Perrier for a net cost of $1.9 billion, or 12.5 times operating cash flow. But last year it passed on paying 15 times operating cash flow for Gerber baby foods, which instead went to Sandoz Ltd.

Describes some of the marketing strategies that Parmalat, a liquid milk producer, hopes will help it break into the United States market. Actions of Parmalat founder Calisto Tanzi; News about overall milk consumption in America.

Focuses on some of Europe's billionaires in 1994. Italy's Leonardo Del Vecchio of the Luxottica Group S.p.A.; The Simon Family of Germany and the Bitburger Brauerei brand of beer; The Schroders of the United Kingdom; Shipping billionaire Costas Lemos of Greece; More.

The article focuses on the Schroder family of Great Britain. The Schroder family owns Schroders PLC that was founded in 1818 by John Henry Schroder. It states that the credit for the company's progress to its chairman George Mallinckrodt and group chief executive Win Bischoff. Mallinckrodt stressed on reducing commercial lending and development of fee based businesses. The company aims to expand internationally and buy Werthaim Schroder & Co., a Wall Street investment bank.

The article focuses on the performance of Rolls-Royce Motor Cars Ltd. Unit sales of the cars, which begin at $147,000, dipped by 48 percent to 1,750 in 1991 and to 1,378 in 1992. Lesser miracle workers might have shrugged and blamed the recession, but Rolls-Royce Chairman Peter Ward shifted his focus from marketing to operations.