Thursday, March 11, 2010

The New Richest Man in the World !

Some of you may already heard the name Bill Gates. This phenomenon figure is one that is very familiar to most people, and it's really a shame if somebody, especially in the IT world doesn't recognize the person. As the founder of the multinational computer technology corporation Microsoft, he is often considered as the richest man in the world according to various sources. His position has only been replaced by American investor and businessman, Warren Buffet, for a couple of months tops.

Well, as of March 2010, Gates' position as the wealthiest man on the planet has been displaced by Carlos Slim Helu, a Mexican Businessman in the Telecommunications field. 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. This occurance is the first time for Carlos Slim Helu to take the number 1 position replacing Bill Gates, who's been on top for the past 14 years.

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