Mexico’s Slim becomes ‘world’s richest’ person

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Mexico City: Mexico’s Carlos Slim, the son of an immigrant shopkeeper who amassed a $53.5 billion fortune and bought a major stake in the New York Times, became the first person from a developing nation to be named the world’s richest person.
Slim, a telecom magnate edged out US billionaires Bill Gates and Warren Buffet to earn the top spot on Forbes’ list of the world’s richest people — the first time a non-American has topped the list since 1994. The jump in position comes following a year in which Slim’s cell phone holdings rebounded in value.
Oil magnate Mukesh Ambani and steel tycoon Lakshmi Mittal made it to the top 10 on the 2010 Forbes list of world’s billionaires.
Ambani ranked fourth with $29 billion and  Mittal ranked fifth with $28.7 billion on the Forbes list of billionaires report says on March 10.
The biggest loser in the world this year was Mukesh Ambani’s younger brother Anil Ambani, who lost $32 billion — 76 percent of his fortune — as shares of his Reliance Communications, Reliance Power and Reliance Capital all collapsed, Forbes said on its Web site. He was last year’s biggest gainer.
Two Indian women including Savitri Jindal and Indu Jain have been named among the list of world’s top billionaires compiled by the US magazine Forbes.
Jindal with a net worth of $12.2 billion has been ranked at 44th place in the global list, while Bennett, Coleman & Co’s chairperson Indu Jain at $2.8 billion comes at 354th rank.

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