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Carlos Slim Tops Billionaires List

Mexican tycoon world's richest man with $74 billion

By Rob Quinn,  Newser Staff

Posted Mar 10, 2011 3:03 AM CST | Updated Mar 10, 2011 5:02 AM CST

(Newser) – Mexican telecoms tycoon Carlos Slim is the richest person in the world for the second year running, according to Forbes' latest list of billionaires. The 71-year-old Slim, now worth an estimated $74 billion, widened the gap with No. 2 Bill Gates thanks to some canny business moves last year, including heavy investment in mining, Reuters notes. Warren Buffett, Louis Vuitton chief Bernard Arnault, and Oracle's Larry Ellison round out the top 5 of the world's estimated 1,210 billionaires, who have a combined net worth of some $4.5 trillion.

The list displays the rising power of both Asia and Facebook, NPR notes. Facebook co-founders Mark Zuckerberg and Dustin Moskovitz—the youngest billionaires on the list—have been joined by four other Facebook billionaires. Asia now has 332 billionaires, up from 234 a year ago and 130 the year before that, thanks to surging stock markets. The US now has 413 billionaires, up 6% from last year and more than any other country—but the city that calls the most billionaires home is now Moscow.

Carlos Slim speaks during a panel discussion at a Clinton Global Initiative Annual Meeting  in New York.
Carlos Slim speaks during a panel discussion at a Clinton Global Initiative Annual Meeting in New York.   (AP Photo/Jason DeCrow)
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Brazil, Russia, India and China produced 108 of the 214 new names. These four nations are home to one in four members, up from one in ten five years ago. - Forbes

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COMMENTS
Showing 3 of 7 comments
MikefromChi
Mar 10, 2011 11:15 AM CST
He's only on top because Gates gave $29 billion to charity. Otherwise Gates would be worth $88 billion; not even close.
julesverne
Mar 10, 2011 10:14 AM CST
a billionaire because he's the maker of slim jims......mmmmmmmmmmmmmmm also, there isn't one woman on the list up until #44, what does that mean. finally, Jobs and Wozniak would be up there if they hadn't stated that they have a gross salary of $1/year. I love them for that.
Fascist_Jack
Mar 10, 2011 7:55 AM CST
Take notice Liberals. Non-Western billionaires are on the rise, and most of them came from humble means. They chose the Conservative philosophy of self-help over being a whiny little b#tch like Liberal.
 

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