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Telecoms business creates the world's richest man

Mark

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Mexican telecom tycoon Carlos Slim Helu is now the world's richest man, according to the latest Forbes list. He has around $53.5 billion (£35 billion), an increase of $18.5 billion in the last 12 months, with the rising share price of America Movil helping increase his personal fortune.

Microsoft founder Bill Gates is the second-richest man, followed by investor Warren Buffet.

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