Mexican tops Forbes' world rich list

13:57, March 11, 2010      

Email | Print | Subscribe | Comments | Forum 

Mexican telecom tycoon Carlos Slim Helu has beaten Bill Gates and Warren Buffett to become the world's richest person. For the third time in three years, the world has a new richest man. With 64 people on this list, Chinese mainland has claimed second spot as the country with most billionaires on list following the United States.

Slim's fortune has swelled to an estimated 53.5 billion U.S. dollars, up 18.5 billion U.S. dollars in 12 months. Shares of America Movil, of which Slim owns a 23 billion U.S. dollar stake, were up 35 percent in a year.

Gates, now worth 53 billion U.S. dollars, is ranked second in the world. He is up 13 billion U.S. dollars from a year ago as shares of Microsoft rose 50 percent in 12 months. Gates' holdings in his personal investment vehicle Cascade also soared with the rest of the markets.

Buffett's fortune jumped 10 billion U.S. dollars to 47 billion U.S. dollars on rising shares of Berkshire Hathaway. He ranks third.

This year the World's Billionaires have an average net worth of 3.5 billion U.S. dollars, up 500 million U.S. dollars in 12 months. The world has 1,011 10-figure titans, up from 793 a year ago but still shy of the record 1,125 in 2008. Of those billionaires on last year's list, only 12 percent saw their fortunes decline.

U.S. billionaires still dominate the ranks — but their grip is slipping. Americans account for 40 percent of the world's billionaires, down from 45 percent a year ago.

Of the 97 new members of the list, only 16 percent are from the U.S. By contrast, Asia made big gains. For the first time China (including Hong Kong) has the most billionaires outside the U.S. with 89.

Wahaha Group chairman Zong Qinghou ranked first among those from Chinese mainland, with 7 billion U.S. dollars he ranked No. 103, followed by Liu Yongxing, chairman of East Hope Group with 5 billion U.S. dollars ranked No. 154. Zhang Jindong, chairman of Suning Appliance ranked 176 with 4.5 billion U.S. dollars, followed by BYD chairman Wang Chuanfu with 4.4 billion U.S. dollars.

Here is Forbes ranking of the 10 richest people in the world:

By People's Daily Online
【1】 【2】 【3】 【4】 【5】 【6】 【7】 【8】 【9】 【10】

  • Do you have anything to say?
  • Elie Saab Fall/Winter 2010/11 women's ready-to-wear fashion show
  • Snapshots from Int'l Tourism Bourse in Berlin
  • High school students in Taiwan attend coming-of-age rite
  • Envy? Baby otter dossing down on mom's stomach
  • 1000th day of Israeli blockade on Gaza Strip marked
  • 20th anniversary of Lithuania's declaration of independence