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30 July 2010 -

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Slim tops Forbes magazine's rich list

Mexican telecom giant Carlos Slim has topped Forbes magazine's billionaire's list - the first time since 1994 that an American has not led the rankings. Slim's fortune rose by $18.5bn last year to $53.5bn. That beat Microsoft founder Bill Gates with a fortune of $53bn into second place, with US investor Warren Buffet third with $43bn. In 2009 332 names left the list after a tough year, but the total number of billionaires on this year's list rose from 793 to 1,011. 

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