Business | General

Mexican tycoon tops Forbes list

India doubles number of billionaires while Al Waleed is Mideast's No 1

  • By Arno Maierbrugger, Deputy Business Editor
  • Published: 00:00 March 12, 2010
  • Gulf News

Dubai: Mexican telecom tycoon Carlos Slim has been named as the world's richest person, knocking Microsoft founder Bill Gates into second spot.

Forbes magazine estimates Slim's net worth at $53.5 billion (Dh196.35 billion) in its annual rich list, compared to Gates' $53 billion, while investor Warren Buffett came in at No 3 with $47 billion.

Asia has 234 people in the Forbes list, up from 130 in 2009. Two of the richest among the top 10 are Indians. In total, India has 49 billionaires on the list, up 24 compared to 2009. China has 27 new billionaires among its total of 64 on the list.

In the Middle East, Saudi Prince Al Waleed Bin Talal Al Saud, head of Kingdom Holding, still tops the list of the region's richest. His current net worth is estimated by Forbes at $19.4 billion, up $6.1 billion from last year.

  • Rate this article
  • Average reader rating (1 votes) 5 Stars
Tools

Emailing an article to friend is a simple way to share a news item. Your friend will receive an email with your name and email address as well any personal message you choose to send.

The information you provide on this page will not be used to send unsolicited emails.

This service is not intended to encourage spam, and action may be taken against individuals who maliciously enter personal details of another individual.

Share this article

More from Business General

  1. Qatalum smelter setto restart mid-month

  2. Japan, Kuwait agree on nuclear energy cooperation

  3. GCC interior design projects total Dh80 billion

  4. UAE ranks high in global report

All articles in General

More from Business

Gulf News
Popular in Business
Richest in the world
General

Richest in the world

The UAE is home to some of the wealthiest expats in the world

Business Editor's choice