Showing posts with label bill gates foundation. Show all posts
Showing posts with label bill gates foundation. Show all posts

Sunday, 19 May 2013

Bill Gates Retakes World Richest Title From Slim Helu



Bill Gates is once again the world's richest person. The 57-year-old co-founder of Microsoft recaptured the title from Mexican investor Carlos Slim on Thursday, according to the Bloomberg Billionaires Index, as the software maker hit a five-year high. It is the first time Gates has held the mantle since 2007. His fortune is valued at $72.7 billion, up 16% year-to-date.

Slim's America Movil, the largest mobile-phone operator in the Americas, has dropped 14% this year after Mexico's Congress passed a bill that could quash the billionaire's market dominance. That's helped erase more than $3 billion from the 73-year-old tycoon's net worth.
 
This is the first time since 2007 that Mr Gates has been declared the richest with his expanded personal fortune, dislodging Mexican mobile phone magnate Carlos Slim