The richest man in the world Bill Gates, the Microsoft cofounder, is no longer the first man of the world’s richest man because he has been beaten out by a Mexican telecommunication businessman Carlos Slim. Slim is the first person who now takes the throne of the highest position on the World’s Richest Man in 2010 according to Forbes.
Slim owns the multibillionaire telecommunication business including giant mobile outfit America Movil and Mexican tycoon. Son of an immigrant shopkeeper also holds the biggest amount in New York Times’ share and has become the first non-American stands on top on the list of the richest person on Forbes version since 1994. The estimation for his net wealth has been up to $18.5 billion in 12 month and his total fortune reaches $53.5 billion.