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Friday, March 12, 2010

New sheriff in town - Carlos Slim

Carlos Slim

The Forbes billionaire list has been released charting the world's richest people 2010 list. Mexican telecom tycoon Carlos Slim Helu topped the list, with $53.5 billion, $500 million ahead of long-time list topper Microsoft founder Bill Gates, who ranked second. Legendary investor Warren Buffet was third with $47 billion.

On the World's Richest People 2009 list, Carlos Slim Helu was in the third place, after Bill Gates and Warren Buffett. Carlos Slim Helu has various telecom holdings. Over the past 12 months, his net worth increased by $18.5 billion as the shares of America Movil rose 35% in one year.

This dramatic increase knocked Bill Gates off his nearly 14 years reign as the world's richest man. Bill Gates' asset also increased by $13 billion as Microsoft's shares rose by 50% over the year.


Investor Warren Buffett saw an increase of $10 billion in net worth in 2010. He now ranks the 3rd on the world's richest people list.

The biggest loser in the world this year was Mukesh Ambani's younger brother Anil Ambani, who lost $32 billion - 76 percent of his fortune - as shares of his Reliance Communications, Reliance Power and Reliance Capital all collapsed, Forbes said on its website. He was last year's biggest gainer.

The Worlds Billionaire's Rank List

  1. Carlos Slim Helu .......(53.5)
  2. William Gates III........(53.0)
  3. Warren Buffett ...........(47.0)
  4. Mukesh Ambani..........(29.0)
  5. Lakshmi Mittal.............(28.7)
  6. Lawrence Ellison........(28.0)
  7. Bernard Arnault..........(27.5)
  8. Eike Batista................(27.0)
  9. Amancio Ortega........(25.0)
  10. Karl Albercht..............(23.5)
* all amounts are in $ billion

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