Carlos Slim

Jonathan Guthrie

Carlos Slim

Carlos Slim

Carlos Slim Helu has snatched the title “World’s Richest Man” from Bill Gates in this year’s rankings of billionaires from Forbes. A jump in the value of the Mexican’s telecoms business America Movil helped put his net worth at $53.5bn, $500m ahead of the Microsoft founder.

The Forbes rankings makes compulsive if snoopy reading for those never likely to appear in them, as well as for some that already have. I once lunched with a couple of US billionaires who could not get over how much higher up the league table the guy at the next table was. Read more