I am introducing to you Carlos Slim, this guy replaces the position of Bill Gates in the number one slot as the richest man on earth. Slim is a telecommunication tycoon who controls Mexico's America Movil SAB (AMXL), this is according to Bloomberg Billionaires Index, a daily index ranking of the world's 20 wealthiest individuals.
The 72-year-old Slim has a net worth of $478.4 million in a day to $68.5 billion as of the close of market on March 2, US Bill Gates and Warren Buffett placed second and third. Brazil's Eike Batista, ranks 10th who has a net worth of $39 billion.
Gates, 56, co-founder of Microsoft Corp. (MSFT) still has a net worth of $62.4 billion down to $102.1 million on March 2.
Carlos Slim
Bill Gates
Meanwhile, Mark Zuckerberg, 27-year-old founder of Facebook Inc. (FB) the world's largest social networking company, didn't make the cut. Zuckerberg's stake may be worth $21 billion, or about 25 percent less than previous estimates, once Facebook holds its initial public offering.
Sweden's Ingvar Kamprad is the richest European, ranking fourth globally with $42.5 billion net worth. He own the world's largest furniture retailer through a series of trust and foundatios.
Mukesh Ambani, 54, leads Asians with net worth of $26.8 billion, down $185.4 million in a day. His fortune is up to 25 percent this year.
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