Mexican tycoon Carlo Slim Helu is the world’s richest man as per forbes.com. And he has beaten Bill Gates and Warren Buffett this year 2010 to become the world wealthiest person.
He has various telecom holdings, including giant mobile outfit America Movil. As per forbes, Slim Helu wealth worth estimated $53.5 billion up $18.5 billion in 12 months. Shares of America Movil, of which Slim owns a $23 billion stake, were up 35% in a year.
This massive amount puts him ahead of second and third richest person of earth i.e. Bill Gates and Warren Buffett. For the three consecutive years, the top position has been captured by three different people.
As per forbes, 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.
Bill gates is at second position at $53 billion with a increase of $13 billion from last year as shares of Microsoft rose 50% in 12 months.
At third place, Warren Buffett has a whooping $47 billion. This America’s favorite investor up $10 billion in past 12 months on surging Berkshire Hathaway shares.
India Mukesh Ambani grabbed the fourth position with amount of $29 billion. ndia’s most valuable company, recently bid $2 billion for 65% stake in troubled Canadian oil sands outfit Value Creations. Fifth place has been occupied by Lakshmi Mittal with amount of $28.7 billions.
Click here to see the full list of the billionaires.
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Comment by sagar — October 14, 2010 @ 1:56 am