Riding surging prices of his various telecom holdings, the Mexican tycoon has beaten out Americans Bill Gates and Warren Buffett to become the wealthiest person on earth and nab the top spot on the 2010 Forbes list of the World’s Richest.
Helu’s fortune has swelled to an estimated $53.5 billion, up $18.5 billion in 12 months!
That massive hoard of dinero puts him ahead of Microsoft cofounder Bill Gates, who had held the title of world’s richest 14 of the past 15 years.
Gates, now worth $53 billion, is ranked second in the world. He is up $13 billion from a year ago as shares of Microsoft rose 50% in 12 months.
#3 Warren Buffett’s fortune jumped $10 billion to $47 billion.