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Thursday, March 11, 2010

Telecoms business creates the world’s richest man

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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Author: The Fonecast
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