22 Mar '11, 2pm

The world’s billionaires 2011 [4]

The world’s billionaires 2011 [4]

Carlos Slim Helu remained the world’s richest person, but Asia is where today’s big money is flowing, Forbes magazine said in its 2011 list of the world’s billionaires. Slim, who is almost unknown to the general public outside Mexico, weighed in at a staggering $74 billion of net wealth thanks to his telecoms empire. Already the top dog last year, he increased his fortune by $20.5 billion dollars. In a now familiar second place was Microsoft founder Bill Gates with $56 billion. The relatively lowly ranking reflected his enormous philanthropic give-aways over the year. Next up was US investment guru Warren Buffett and Bernard Arnault from the luxury goods group LVMH with $50 billion and $41 billion respectively. But outside this cozy billionaires’ club, a tidal wave of money is flowing across Asia, which helped lift the total world population of billionaires to a record 1,2...

Full article: http://www.luxuo.com/super-rich/forbes-world-billionaires...

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