Slim Takes Number Two Spot

Mexican business tycoon Carlos Slim Helu, owner of Mexican telcos América Móvil and Telmex, has been named the second-richest man in the world by Forbes. Slim, the son of Lebanese immigrants to Mexico, moves ahead of US investor Warren Buffet and behind Microsoft’s Bill Gates. Slim is estimated to have personal wealth totaling $53.1 billion – not far behind the $56 billion amassed by Gates.