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Carlos Slim Helu Overtakes Bill Gates as World’s Richest Man

It is being widely reported that Mexican tycoon Carlos Slim Helu is now the world’s richest man, and has overtaken Bill Gates, Microsoft co-founder and chairman who held the title for many years.

Carlos Slim HeluTimes Online reports that Carlos Slim Helu is now worth an estimated $67.8 billion (£33.6 billion), compared to Bill Gates with a net worth of $59.2 billion. Carlos Slim Helu runs Latin America’s largest mobile phone operator America Movil, whose share price has recently soared by 27 per cent.

The Forbes List of World Billionaires released in early 2007 had placed Carlos Slim Helu at third position after William Gates III and Warren Buffett. Now I guess the rich ranking will change soon.

It will also interest you to know that Forbes 400 Richest Americans are all Billionaires! When are you earning your first million…



20 Responses

  1. I guess this is a very good sign as the richest man in the world is from a developing county.

    Hopefully more entrepreneurs will emerge soon.

    kuanhoong posted on 05/07/2007
  2. I concur with Kuanhoong. Will be happy to see a person from India topping the list :D

    Shankar Ganesh posted on 05/07/2007
  3. Slim might have taken over as the richest man…but Gates is still the king. He came up with the WINDOWS operating system..which has revolutionized our lives. Lets hope some Indian tops the list..maybe Mukesh Ambani might make it in some years ! u never know !

    Aayush posted on 06/07/2007
  4. At last, someone has taken the lead from Bill. I agree that there will be changes in charts due to fabulous economic grow of China and India … well see …

    andreio posted on 08/07/2007
  5. I feel its time africans should stand up and be counted. With all the riches the continent has, it is time the wealth should be in the hands of indigenouses

    Chimera posted on 08/08/2007