For a new record,
the new richest man in the world is Carlos Slim Helu, after beating Bill Gates that being the richest man in the past fourteen years. Lying by swelling prices of his diverse telecoms holdings, including the gigantic mobile outfit America Movil or AMX, Carlos Slim Helu has defeated Bill Gates and Warren Buffett to become the wealthiest person on earth and steal the top spot on the 2010 Forbes list of the World's Billionaires.
Slim's wealth has bloated to an 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.
The enormous savings of scratch puts him ahead of Microsoft co-founder Bill Gate. Gates, now worth $53 billion, is ranked second. He is up $13 billion from a year ago as shares of Microsoft rose 50% in 12 months. Gates' fortune in his personal venture vehicle Cascade also climbs with the rest of the markets.
Buffett's fortune jumped $10 billion to $47 billion on growing shares of Berkshire Hathaway and ranks third. Now,
Carlos Slim Helu takes No. 1 spot on Forbes World's Billionaires list.
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