The second-richest man in the world (Image: WEC)
Silence last year’s symphony of miniature violins—the billionaire bubble that shrank 30 per cent during the recession is expanding again. One hundred and sixty-four 10-figure tycoons have returned to Forbes’ annual list of the world’s billionaires, with an unlikely telecom giant from Mexico taking the top spot, thanks to his net worth of $53.5 billion. Surging prices at his various telecom holdings increased Carlos Slim Helu’s net worth by $18.5 billion over the past year, allowing him to nudge out the one-man empires of Bill Gates (#2) and Warren Buffet (#3). Only one Canadian made it into the company of Forbes’ top 50 richest people. David Thomson (#20), of Thomson Reuters, bumped long-time rival Michael Bloomberg (yes, that Michael Bloomberg) from the top 20.
• Bill Gates No Longer World’s Richest Man [Forbes]
The current issue of recession in the world world be over soon thanks to Carlos Slim Cha-Ching, David thomson and others the world would be a better place soon.
March 31, 2010 at 10:55 am | by GoodrichMy issue is what are the economist doing are the lacking ideas.