Bill Gates No Longer Wealthiest Man
Mexican tycoon Carlos Slim is the world's richest man, worth an estimated $67.8 billion, after overtaking Microsoft Corp. founder Bill Gates, according to a respected tracker of Mexican financial wealth on Monday.
Carlos Slim is worth about $67.8 billion, thanks to a surge in the value of American Movil, the largest cell phone operator in Latin America, according to an estimate by a respected financial tracker.
A 27 percent surge in the share price of America Movil, Latin America's largest cell phone operator controlled by Slim, from March to June made him close to $8.6 billion wealthier than Gates, said Eduardo Garcia in Sentido Comun, the online financial publication he founded.
Garcia estimated that Gates is worth $59.2 billion.
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I dunno - after the first 10 billion, does it really matter ?!?!?? LOL
