Carlos Slim displaces Bill Gates as world’s richest man

Apple Online Store“Riding surging prices of his various telecom holdings, including giant mobile outfit America Movil, Mexican tycoon Carlo Slim Helu has beaten out Americans Bill Gates and Warren Buffett to become the wealthiest person on earth and nab the top spot on the 2010 Forbes list of the World’s Billionaires,” Matthew Miller and Luisa Kroll report for Forbes.

“Slim’s fortune has swelled to an estimated $53.5 billion, up $18.5 billion in 12 months. Shares of America Movil, of which Slim owns a $23 billion stake, were up 35% in a year,” Miller and Kroll report. “That massive hoard of scratch puts him ahead of Microsoft cofounder Bill Gates, who had held the title of world’s richest 14 of the past 15 years.”

MacDailyNews Note: Last year Forbes’ top three were: Gates at $40 billion, Buffett at $37 billion, and Slim at $35 billion.

Miller and Kroll continue, “Gates, now worth $53 billion, is ranked second in the world… Buffett’s fortune jumped $10 billion to $47 billion… This year the World’s Billionaires have an average net worth of $3.5 billion, up $500 million in 12 months. The world has 1,011 10-figure titans, up from 793 a year ago but still shy of the record 1,125 in 2008. Of those billionaires on last year’s list, only 12% saw their fortunes decline.”

MacDailyNews Note: Steve Jobs is ranked #136 on Forbes’ list with $5.5 billion. Here’s Forbes’ horrible blurb: Following months of rumor and speculation, cultish king of the iGeeks presented the highly anticipated iPad in January; ten-inch, multi-touch computer intended to fill gap between smartphone and laptop. Delighted: nerds everywhere. Scared to death: newspaper and magazine publishers. Also unveiled new iBookstore and iBooks application in direct challenge to Amazon’s Kindle; several book publishers have committed to content agreements. Apple shares up 100% in past 12 months. Reed College dropout founded Apple in 1976. Revolutionized music industry with iTunes, iPod. Best investment: bought Pixar from George Lucas in 1986 for $10 million. Created string of hits (Finding Nemo, Toy Story); sold to Disney in 2006 for $7.4 billion in stock. Today is Disney’s largest shareholder; stake worth $4.2 billion. Reportedly cooperating on a biography with author Walter Isaacson.

MacDailyNews Take: The “cultish” and “nerds” crap, we expect, but we’d like some proof that newspaper and magazine publishers are “scared to death” about iPad.

Full article here.

20 Comments

  1. Bill Gates, even though just an utter fool, should be held responsible for the catastrophy that he has unleashed upon the world and the Internet.

    I suggest, confistcate his assests and throw the crook in jail.

  2. “Reportedly cooperating on a biography with author Walter Isaacson.” Isaacson did a recent, and highly regarded, biography of Einstein.

    Tt writes, “Carlos Slim is an avid mac user, and often gives macs as gifts!!” Wishful thinking. ABC News did a piece on Slim last evening, claiming he doesn’t use a computer.

    As to Gates falling from #1, that’s only partly due to the stagnating price of MSFT. He’s also given away billions through his foundation. Most of us consider it penance.

  3. I’m sure Bill cares that he’s no longer the richest… not! Seriously, the guy uses a lot of his liquid assets to further malaria research and other causes. That’s where he puts most of his energy. I may not like Microsoft products, but I at least have some respect for people like him.

  4. No matter how many billions of his ill gotten fortune he donates every day, it will not make up for the trillions in damages he is causing every day in worldwide lost productivity, enabling criminal gangs to infiltrate millions of computers, stealing sensitive data.

    Respect? my foot!

  5. Funny, how the article doesn’t mention how Helu accumulated his wealth? The monies where/are from Mexican Cartels who had/have funds that were lying there with no place to go. Helu offered them an opportunity to invest (launder) in telecom.
    Now, the Cartels arre one of the richest & powerfulest in the world.

  6. Funny how you do not have any links to back up your claims!

    What I am aware of, is after his purchase of TelCel from the Government, cell phones , products, plans, service (3g) and prices are now on par with the rest of the world

  7. Best investment: bought Pixar from George Lucas in 1986 for $10 million.

    Pixar started in 1979 as the Graphics Group, a part of the Computer Division of Lucasfilm before it was bought by Apple co-founder Steve Jobs in 1986. Jobs paid $5 million to George Lucas and put $5 million as capital into the company.

  8. I’m mexican and this is not good news for mexico, in a shame.
    I’m still stuck to the first iphone (edge) because data plans in Mexico are very expensive and very slow.

    Any enterprise related to Carlos Slim is a company that over charges you for any service they provide. Besides that, he receives protection from the federal government to eliminate any competitor.

    All his charity foundations are just to evade taxes.
    The richer he gets, the poorer the people became.

  9. Carlos Slim is a slimebag! There is not one reason that Mexico should be a “third world” country but since assholes like Carlos monopolize, the Mexican people suffer. Here’s an example… the average police officer makes 1000 pesos/month which is less then $85 US. And you wonder why they’re considered corrupt? Carlos should be taxed heavily and give back to the people he stole from in the first place. I’ve been going to Mexico for over 30 years and while it is developing (big box stores, etc.) it still has some very poor people. Not right at all! Plus the Americans who get so angry about them “illegally” coming to the US… funny how you will then pay them under the table for cleaning, construction services and you’re big corporates run companies on the border in Mexico paying fuck all for their work. Go FUCK yourselves and stop being hypocrites.

  10. Say what you want about Bill Gates and the crappy OS that is Windows, but without him, it’s unlikely that PC’s would be as wide spread as they are today. Sure the original GUI Windows was an Apple knockoff, but Gates was singlehandedly responsible for the increased use of personal computers.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.