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 Carlos Slim Helu

• Net Worth: $69 billion (down from $74 billion in 2010)


• 2010 Rank: #1


• Age: 72


• Fortune: Self made


• Source: Telecom


• Country of Citizenship: Mexico


• Residence: Mexico City, Mexico


• Industry: Communications


• Marital Status: widowed, 6 children


• Education: BA/BS, Universidad Nacional Autonoma de Mexico

Carlos Slim Helu retains the title of world’s richest man for the third year in a row despite a fortune that’s $5 billion smaller than a year ago-primarily ­because of a lower share price for telecom giant America Movil, which accounts for more than half his net worth. In April the company was fined id="mce_marker" billion by Mexican regulators for monopolistic practices, but is appealing the decision. Slim is spending more time working with his Carlos Slim Foundation and the Telmex Foundation than he has in the past.

Link > http://www.pinoymoneytalk.com/2012-forbes-richest-men-women/

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According to the 2012 list of the World’s Richest Persons published by Forbes Magazine, there are now 1,226 billionaires worlwide with a total net worth amounting to $4.6 trillion.

The monetary power of these billionaires is as large as the total Gross Domestic Product (GDP) of India, the world’s 2nd most populous nation which registered a 2011 GDP of $4.47 trillion. The combined net worth of the 1,226 billionaires is also way more than the combined GDPs of 127 poorest countries in the world.

The Forbes list is dominated by the same people, with three new ones entering the Top 10 this year.

Carlos Slim Helu of Mexico’s largest telecommunications company Telmex remains as the world’s richest man for the third straight year, despite a $5 billion drop in net worth from last year.

Microsoft’s Bill Gates is still No. 2 while Berkshire Hathaway’s Warren Buffet is unchanged at No. 3.

Stefan Persson of Sweden is this year’s 8th richest person, up five notches from No. 13 last year, thanks to continued expansion of apparel brand H&M which he heads.

Re-entering the Top 10 for the first time since 2004 is Asia’s richest person Li Ka-Shing, Chairman of Hutchison Whampoa, a Hong Kong-based conglomerate that runs Watson’s, the world’s largest chain of beauty and health stores, and operates a number of container terminals globally.

Wrapping up the Top 10 is Karl Albrecht of Germany, owner of Aldi Supermarkets, who was also No. 10 in 2010 but fell to No. 12 in the 2011 richest people list.