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Contributed by mm | March 10, 2010 6:52 PM PST
 Many people may wonder: who is Carlos Slim Helu?
He was just crowned as the World Richest Man by Forbes. Slim, whose amassed his $53.5B fortune in Mexican telecom market, beat Bill Gates by half a billion dollars, or merely 1%, to come up at the top of the list.
Bill Gates comes at second with $53B and his old friend Warren Buffet was third with $47B in his pocket.
Here is the 10 richest of the richest on earth:
In case you don't know who is who, here is the primer:
1. Carlos Slim Helu: Mexican telecom giant.
2. William Gates III: Co-founder and long-term leader at Microsoft.
3. Warren Buffet: Investment legend who is still managing Berkshire Hathaway
4. Mukesh Ambani: Inherited and expanded Reliance Industries, India's most valuable company that focuses on petrochemicals, oil and gas.
5. Lakshmi Mittal: His name is in ArcelorMittal, the world's largest steelmaker.
6. Lawrence Ellison: His software company Oracle is now a leading enterprise software supplier.
7. Bernard Arnault: The man behind the largest luxury good maker LVMH (think Louis Vuitton, Givenchy, Fendi, TAG Heuer, Hennessy, Dom Perignon, just to name a few)
8. Eike Batista: Self-made mining and oil tycoon at Companhia Vale do Rio Doce who tripled his net worth in 2009.
9. Amancio Ortego: Have you been to any of the trendy 4,500 Zara stores?
10. Karl Albrecht: His discount supermarket chain Aldi is one of the largest in Europe. More PFBlog Articles You Might Find Interesting ...
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Carlos Slim is definitely old school. He's of the tried and true "guerrilla billionaire" strategy: buy lots of businesses and either keep them for the cash flow or fix 'em up and sell them. The goal is to make money off a lot of deals instead of a killing on just one.
Good post, I enjoy reading your blog! Thanks Cindy S.
It would be good if there is picture of him, I do not have any idea how he look like.
Whenever I read about these rich people that made it big time I wonder what it may mean to me. I always come to the same answer - focus on building my wealth one dime at a time. I found extremely relevant ideas in People’s Financial Advisor’s website - www.peoplesfinancialadvisor.com and blog - http://www.peoplesfinancialadvisor.com/personalfinance/
Being an Indian, great to see two Indian's in top 5 list for world's richest person. Hurray!!!!!!!!
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