The New Richest Man in the World

After 14 years of being the richest man in the world, Bill Gates no longer holds this top spot. He was beaten by Mexican Tycoon Carlos Slim Helu, the owner of Telecom in Mexico. He ranked third place last year, but now he beat both Gates and Warren Buffett.

Slim have a fortune of $53.5 billion, Gates have a worth of $53 billion, that’s a $500 million difference between the two. Slim’s worth puffed up $18.5 billion in just 12 months, he also earned from America Movil (Latin America’s biggest mobile phone company) where he owns a stake of $23 billion and it was up to 35% in a year.

Here’s some info adapted from Yahoo! Finance:

  • Recently received regulatory approval to merge his fixed-line assets into American Movil, Latin America’s biggest mobile phone company.
  • His construction conglomerate, Impulsora del Desarrollo y el Empleo, builds roads and energy infrastructure.
  • Son of a Lebanese immigrant also owns stakes in financial group Inbursa, Bronco Drilling, Independent News & Media, Saks and New York Times Co.
  • Newspaper outfit’s stock popped in early March on talk he might buy a controlling stake; he denies the rumor.
  • Donating $65 million to fund a research project in genomic medicine with American billionaire philanthropist Eli Broad.

Here’s the Top Ten Billionaires in the World

  1. Carlos Slim Helu
  2. Bill Gates
  3. Warrenn Buffett
  4. Mukesh Ambani
  5. Lakshmi Mittal
  6. Lawrence Ellison
  7. Bernard Arnault
  8. Eike Batista
  9. Amancio Ortega
  10. 10.  Karl Albrecht

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This entry was posted on Thursday, March 11th, 2010 at 4:53 am and is filed under Business, Celebrity, Finance, Franchise, Headlines, Investing, World. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

18 Responses to “The New Richest Man in the World”

  1. Richest Man In The World - Keada Says:

    [...] Slim is the world's richest person, jumping past Americans Bill Gates and Warren Buffett to become tRichest Man In The World – Stocks Made Carlos Slim the Richest Man in the World. MEXICO CITY — Mexican telecom tycoon [...]

  2. Richest Man In The World Says:

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  3. Girlie Ortega Says:

    please provide me the e-mail addresses of the top ten richest man in the world.Thanks!

    Semidoppel Reply:

    waaaa I’m sorry, I can’t.

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  5. efren Says:

    carlos slim helu the most rich person in the world ????…is not…ferdinand marcos and his family is the riches family in the world… they have $1 trillion (php.45 trillion) or more than 1 trillion………………that source came from presidential commission on good government of the REPUBLIC OF THE PHILIPPINES..

    Semidoppel Reply:

    that is if they still own that riches ^_^

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  7. ...jayson Says:

    … i know FERDINAND MARCOS is the richest man in the world……

  8. REECE Says:

    marcos family became richest family in the world because of corruption

    Semidoppel Reply:

    AGREE

  9. RJ Says:

    Yes Marcos was the richest man at his time… corruption was the cause of this…

    Although now their family is poor as hell. The government took almost everything they own, saying it was bought from corrution, Which I believe is true.

  10. am3 Says:

    Can buy whatever they desire and whatever you can only dream of, can buy your dignity including your wife. If thats what they call poor nowadays. then poor as hell it is :)

  11. Against[6.efren] Says:

    Your source is old as older than you! As Forbes announced The NEW Richest Man in the World is Carlos Slim Helu, from Mexico. Please do not show off that Marcos is the riches family in the world, because were not talking about that! and He’s corrupt!

    Semidoppel Reply:

    Can you kindly check the date of the post before you comment? Please show some manners

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