Carlos Slim: The World’s Richest Man- Forbes Magazine

Ever since 1994, Carlos Slim is the first non-American declared to be the richest man in the world by the Forbes Magazine. The spot was reigned by the Japanese real estate kingpin Yoshiaki Tsutsumi but he was entirely out of the picture. Slim, the Mexican telecom mogul got a net worth of the $53.5 billion. His compnay, the America Movil contains a sprawling collection of telecom assets.

The second spot belongs to the ever famous name who has been the world’s richest before, Bill Gates. He’s just $500 million away from Slim. The 3rd spot is Warren Buffett with a net worth of $47 billion.

According to the record of Forbes Magazine, the total net worth of the billionaires increased to 50% having a $3.6 trillion this year. The number of millionaires also increased this year from 793 to 1,011. The top 10 billionaires have a combined net worth of $342 billion, up from $254 billion in 2009 according to Forbes.

USA still got the most number of billionaires this year having 40% of the total billionaires and having New York, has more billionaires than any city on the globe. However, according to publisher Steve Forbes, “USA is not doing as well as the rest of the world in coming back.” As U.S. billionaires’ dominance of Forbes’ list wanes, Asian countries are seeing their ranks of billionaires swell, especially China. Mainland China has the second-most billionaires after the United States, overtaking Russia for the first time. Taiwan, South Korea, Hong Kong and India also saw significant upticks in their billionaire tallies. Turkey, Western Europe, KSA and UAE also showed great improvements.

One thought on “Carlos Slim: The World’s Richest Man- Forbes Magazine

  1. Billionaires are not the richest because there are Trillionaires that run the banks, hedge funds, military industrial complex, oil cartel, media cartel and a 700 trillion to 1.5 quadrillion derivatives market made of “CONtracts” that are transferable into dollars (which are “created” and then “manipulated” currency).

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