While sitting here this morning randomly surfing around some netbook ratings and reviews after considering picking up one of Alienware’s m11x gaming monsters (I know, it’s not really a netbook, per se, but it has the form factor of one which is very appealing to me), I noticed a news headline that said, “new richest man in the world!” Normally, I wouldn’t have cared about that, but seeing it as I’m a Microsoft fan, I knew who *WAS* number 1, so my interest was piqued. The “billionaire’s club,” as I’ll call it, seems to shift a bit every year in Forbes, but they all generally keep the same company overall. However, Bill Gates has remained the top dog on the list for some 14 years or so (with some fluctuations here and there, I believe, but none-the-less)… that is until now.
At the helm of “richest person in the world,” edging Bill out by a measly .5 billion (or 500 million — or, in other words, “chump change” when you’re worth in excess of 50 billion), is Carlos Slim Helu. Who the heck is that? Yeah, I wondered the same thing. From the article I’m sourcing:
Riding surging prices of his various telecom holdings, including giant mobile outfit America Movil (AMX), Mexican tycoon Carlos Slim Helu has beaten out Americans Bill Gates and Warren Buffett to become the wealthiest person on earth and nab the top spot on the 2010 Forbes list of the World’s Billionaires
Slim’s fortune has swelled 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.
That massive hoard of scratch puts him ahead of Microsoft (MSFT) cofounder Bill Gates, who had held the title of world’s richest 14 of the past 15 years.
Gates, now worth $53 billion, is ranked second in the world. He is up $13 billion from a year ago as shares of Microsoft rose 50% in 12 months. Gates’ holdings in his personal investment vehicle Cascade (CAE) also soared with the rest of the markets.
So, what is Bill Gates to do now that he’s not technically the richest man in the world? If I’m not mistaking, Mr. Gates probably couldn’t care less about his all-too-familiar “richest man in the world” title. He’s clearly focusing his worth on issues that will benefit the world and those who are suffering within it. If you haven’t yet, make sure to check out Bill’s blog — notably, the “Infrequently Asked Questions” section which contains some really great questions you’ll certainly want to read Bill’s opinion of.
Bill Gates: No longer the richest man in the world. So what? What has Mr. Helu done for the world lately?
Source: Yahoo! Finance