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Bill Gates Loses His ''World's Richest Man'' Title

By - Source: Tom's Hardware US | B 65 comments
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Bill Gates has once again been bumped out of the top spot on Forbes' rich list.

Forbes has released its list of the richest people on Earth and tycoon Carlos Slim has nabbed the top spot meaning Bill Gates is no longer the richest man in the world. According to Forbes, Bill has been the world's richest man for 14 of the last 15 years previous. The title was awarded to Warren Buffet in 2008, but Bill came back to take the top spot in 2009.

So who's the new guy? Carlos Slim is a 70-year-old Mexican telecoms mogul who placed third on last year's list.  Slim boasts a net worth of $53.5 billion and owns a $23 billion stake in America Movil. Shares for AM were up 35 percent in a year and in the last 12 months alone, Slim's fortune has risen by $18.5 billion.

Bill Gates is currently worth $53 billion, up $13 billion in the last 12 months, and Warren Buffet's fortune jumped $10 billion to $47 billion.

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Top Comments
  • 27 Hide
    gosefroba , March 11, 2010 6:30 PM
    but he lives in mexico
  • 26 Hide
    ryanb213 , March 11, 2010 6:29 PM
    the amount of money the have is downright disgusting.
  • 24 Hide
    rockstone1 , March 11, 2010 6:45 PM
    It keeps changing, and declining.

    Also- Bill Gates donatated alot of his money to charity.
Other Comments
    Display all 65 comments.
  • 3 Hide
    necronic , March 11, 2010 6:25 PM
    How are they all up 20% in the last year? Does that take into account losses the year before or what?
  • 26 Hide
    ryanb213 , March 11, 2010 6:29 PM
    the amount of money the have is downright disgusting.
  • 27 Hide
    gosefroba , March 11, 2010 6:30 PM
    but he lives in mexico
  • 24 Hide
    skykaptain , March 11, 2010 6:36 PM
    Can I have one million please? It's not like they're going to miss it.
  • 23 Hide
    dman3k , March 11, 2010 6:37 PM
    Will the real Slim shady please stand up?
  • -4 Hide
    RooD , March 11, 2010 6:44 PM
    I hope he jumps the border and gives me some cash...

    In all seriousness though people that rich make me mad when there are people starving even in their own countries... also if you look at it they most likely are not the "richest" alot of people (CEO's) use their business to write off all of their stuff as expense aka the companies money is theirs so they dont get too much notice on how much cash they have
  • 15 Hide
    Anonymous , March 11, 2010 6:45 PM
    Clue: for a 2Mb connection we pay (TELMEX-Slim) 600 pesos (48 USD) per month. The fastets connection Carlos Slim offer is 5Mb for 80 USD.

    Ah, and TELMEX is the only real Internet company in Mexico (real= is available out of the principal cities).
  • 24 Hide
    rockstone1 , March 11, 2010 6:45 PM
    It keeps changing, and declining.

    Also- Bill Gates donatated alot of his money to charity.
  • 4 Hide
    smithereen , March 11, 2010 6:46 PM
    I'll bet he's upset. Somebody has $500M more than him.

    Good for them. They didn't all start with nothing, but they certainly deserved their success.
  • 2 Hide
    OvrClkr , March 11, 2010 6:53 PM
    IDK anyone is upset, he gets a major tax write-off for all the money he donates.
  • 0 Hide
    maximus20895 , March 11, 2010 6:54 PM
    elcorucoClue: for a 2Mb connection we pay (TELMEX-Slim) 600 pesos (48 USD) per month. The fastets connection Carlos Slim offer is 5Mb for 80 USD. Ah, and TELMEX is the only real Internet company in Mexico (real= is available out of the principal cities).


    I guess your forgetting the Bill Gates foundation as well as the $37 Billion Warren Buffet gave to that foundation?
  • 0 Hide
    akhodjaev , March 11, 2010 7:05 PM
    Every ordinary Americans net loss doubled in last year
    but these people managed to increase theirs.

    Ordinary people, invest where they invest if you have anything left to invest.

  • 10 Hide
    azcoyote , March 11, 2010 7:05 PM
    He may not be richest but I do not know of anyone else with that amount of cash who has given so much back to the world. Bill Gates Foundation does amazing things.
  • 15 Hide
    xc0mmiex , March 11, 2010 7:12 PM
    i bet he is getting the new Intel 6-core....
  • 16 Hide
    rhino13 , March 11, 2010 7:14 PM
    Well it's nice to know that Mexicans aren't getting overcharged for telecomunication while most of them live in poverty... Oh, wait...
  • 8 Hide
    bustapr , March 11, 2010 7:19 PM
    That guy must wipe his ass with million dollar bills.
  • 4 Hide
    Anonymous , March 11, 2010 7:22 PM
    "but he lives in mexico"

    and what's wrong with that???
  • 10 Hide
    togenshi , March 11, 2010 7:25 PM
    Isn't there a point where too much is too much? I would be happy for $20 million and work at my own leisure and try to live as much as possible. Travel the world for 5+ years then invest in a nice comortable and managable house. Have a family while hiding from the kids your millions (act middle-class and just keep the million sitting in the bank accrueding interest). Spend a good amount of time with the children. Then on their 21st birthday, introduce them to your mansion and your array of expensive cars. Then kick them out of home.

    There is a point of diminishing returns with everything including money...
  • 2 Hide
    sliem , March 11, 2010 7:33 PM
    bustaprThat guy must wipe his ass with million dollar bills.


    Think about it. If you were that rich, are you going to do that?
    No way. If I was a billionaire, I'd still squeeze every penny.
  • 6 Hide
    Anonymous , March 11, 2010 7:41 PM
    makafri"but he lives in mexico"and what's wrong with that???


    You can't drink the water. Err...I guess that's not actually a problem: uno mas cerveza, por favor.
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