Bloomberg: Carlos Slim is richest man on earth

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    Mexican billionaire Carlos Slim listens after he was awarded the Grand Honor and Merit medal by Tadateru Konoe, president of the International Federation of Red Cross and Red Crescent Societies (IFRC), not pictured, in Mexico City, Tuesday Feb. 21, 2012. (AP Photo/Dario Lopez-Mills)

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    What separates the richest person on the planet from the rest of, well rich people, is a few billion dollars.

    The richest person on the planet is Carlos Slim, a Mexican telecommunication tycoon who controls America Movil SAB (AMXL), according to Bloomberg Billionaires Index, which gives a daily ranking of the world’s 20 wealthiest people.

    Despite the 72-year-old losing $478.4 million at the close of the market on March 2, bringing his net worth to $68.5 billion, he still leads the pack of the richest of the rich.

    Slim’s estimated worth is $68.5 billion. The second wealthiest person on earth is Microsoft co-founder Bill Gates, who is valued at $62.4 billion, followed by Berkshire Hathaway’s Warren Buffett who is worth an estimated $43.8 billion.

    Read it at Bloomberg

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