Wednesday, March 16, 2011

Let them eat cake: Carlos Slim tops Forbes rich list as wealth jumps 38%

Mexico's Carlos Slim has topped the latest Forbes magazine rich list, as his wealth grew by more than a third.

The telecoms magnate's fortune rose by $20.5bn (£12.65bn) to $74bn, again beating Microsoft founder Bill Gates ($56bn) into second place.

More than 200 people joined the billionaires list as their numbers rose to a new record of 1,210, Forbes said.

Six billionaires connected with Facebook are now on the list, including Mark Zuckerberg and Sean Parker.

They are joined by Facebook investors Peter Thiel and Yuri Milner as well as co-founders Eduardo Saverin and Dustin Moskovitz, who is the youngest person on the list at 26.

Ikea founder Ingvar Kamprad was the biggest loser, down $17bn to $6bn.

He fell from eleventh spot to 162 and was unusual amongst the billionaires in seeing his wealth decrease.

The collective wealth of the billionaires on the list also hit a new record of $4.5tn. (read more)