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It seems that Bill Gates is no longer a number one spot as the most richest man in the world, Bill Gates who is the co-founder of Microsoft ranking number one for almost 15 years was now replaced by ,'Carlos Slim Helu' takes No. 1 spot on Forbes World's Billionaires list as a record 164 10-figure titans.

Mr Carlos Slim Helu is a Mexican business tycoon and the owner of various telecom holdings including giant mobile outfit America Movil ( AMX - news - people ), had an assets of estimated $53.5 billion, up to $18.5 billion in 12 months. Shares of America Movil, of which Slim owns a $23 billion stake, were up 35% in a year.; He bated Bill Gates who had an estimated assets of worth $53 billion now, who is ranked second in the world. He is up $13 billion from a year ago as shares of Microsoft rose 50% in 12 months.

And the third is Warren Buffet; Buffett's fortune jumped $10 billion to $47 billion on rising shares..

Carlos Slim Helu expressed his sentiments earlier this years at the Forbes Global CEO Conference. Said that...
"“It’s more important to put all your resources and your experience [to work],” he added. “Many of the problems will be solved by business activity and development.” Slim gave the example of a infrastructure construction company that he owns. “We are bidding for projects and that’s how you need to [develop a country]. You need to invest in factories and laboratories…. That’s my challenge in my life, to help change my country,” he said. “Charity doesn’t solve poverty. How much charity has been done in the past years, trillions of dollars.”