Carlos Slim tops Forbes billionaires list at $69 billion

NEW YORK Wed Mar 7, 2012 1:07pm EST

1 of 8. Businessman Carlos Slim looks on after receiving the Medal of Honour and Merit of the Mexican Red Cross from the President of International Federation of Red Cross and Red Crescent Tadateru Konoe during an event supported by the Red Cross in Mexico City February 21, 2012.

Credit: Reuters/Tomas Bravo

NEW YORK (Reuters) - Mexican tycoon Carlos Slim retained his position atop Forbes magazine's annual list of the world's billionaires on Wednesday with an estimated worth of $69 billion, placing him ahead of Bill Gates at $61 billion and Warren Buffett at $44 billion.

Slim, 72, has taken the top spot three years in a row largely based on assets from his telecommunications empire.

(Reporting By Daniel Trotta; Editing by Paul Thomasch and Maureen Bavdek)

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see
Comments (1)
AlkalineState wrote:
And here’s the real ass-kicker: He qualifies for food stamps in California.

Mar 07, 2012 1:21pm EST  --  Report as abuse
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.