Thursday, March 11, 2010

New Richest Man in the World

Mexican billionaire Carlos Slim has stripped Bill Gates of his crown as the world’s richest man, as Latin American and Asian entrepreneurs begin to outpace the US and Europe when it comes to wealth creation.

Net Worth:$53.5 bil
Fortune:Self Made
Country Of Citizenship:Mexico
Residence:Mexico City
Education:Universidad Nacional Autonoma de Mexico, Bachelor of Arts / Science
Marital Status:Widowed, 6 children

Telecom tycoon who pounced on privatization of Mexico's national telephone company in the 1990s becomes world's richest person for first time after coming in third place last year. Net worth up $18.5 billion in a year. 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.

Top 10

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

View The Complete List

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