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Rich get richer

Carlos Slim still richest, Gates holds onto second place; Thomson wealthiest Canuck

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NEW YORK -- Mexico's Carlos Slim remains the world's richest man for the fourth year in a row, according to Forbes, while Warren Buffett dropped out of the top three for the first time since 2000.

 

And Facebook's Mark Zuckerberg saw his ranking drop 31 spots as his net worth declined by $4.2 billion.

A record 1,426 people around the world made Forbes magazine's latest annual tally of billionaires, up 16 per cent from last year. Their average net worth was $3.8 billion, rising three per cent from 2012. The total net worth for the list's billionaires was $5.4 trillion compared with $4.6 trillion a year ago.

Hong Kong businessman Li Ka-shing, 84, whose holdings include a signifcant stake in Calgary-based Husky Energy Inc., was No. 8 on the list with a fortune estimated at US$31 billion. He maintained his status as the richest man in the former British colony, now a semi-autonomous part of China.

Winnipeg Jets co-owner David Thomson, 55, whose family controls Thomson Reuters Inc. and The Globe and Mail newspaper, was the only Canadian to make the Top 100 at No. 24 with an estimated US$20.3 billion.

The U.S. continued to have the most billionaires in the world, with 442 of them. It was followed by the Asia-Pacific region, with Europe rounding out the top three.

There were 210 new faces on the list, with Forbes saying many were helped by rebounding equity markets and strong consumer brands.

Slim's net worth increased to $73 billion from $69 billion a year earlier. Bill Gates of Microsoft Corp. held onto second place with a net worth of $67 billion.

Berkshire Hathaway Inc.'s Buffett slipped to the fourth spot with a $53.5 billion net worth. Buffett was surpassed by Spanish clothier Amancio Ortega, who jumped two spots from 2012 with a net worth of $57 billion.

While Buffett dropped in the rankings, he added $9.5 billion to his net worth -- making him the second-biggest gainer of the year. The largest gainer was Ortega, who added $19.5 billion to his net worth.

There were 138 women on the list, up from 2012's 104. Liliane Bettencourt -- whose family owns a stake in L'Oreal -- is the world's richest woman with a net worth of $30 billion.

Brazil's Eike Batista had the biggest drop in his net worth, with it declining $19.4 billion from the previous year. Facebook's Zuckerberg saw his net worth fall to $13.3 billion from $17.5 billion. His ranking fell to No. 66 from No. 35 in 2012.

There were 60 people who dropped off the list entirely, including Zynga's Mark Pincus and former Chesapeake Energy CEO Aubrey McClendon.

 

-- The Associated Press

Rank Name Net worth Age Source Country of citizenship

 

1 Carlos Slim Helu & family $73B 73 telecom Mexico

2 Bill Gates $67B 57 Microsoft United States

3 Amancio Ortega $57B 76 Zara Spain

4 Warren Buffett $53.5B 82 Berkshire Hathaway United States

5 Larry Ellison $43B 68 Oracle United States

6 Charles Koch $34B 77 diversified United States

6 David Koch $34B 72 diversified United States

8 Li Ka-shing $31B 84 diversified Hong Kong

9 Liliane Bettencourt & family $30B 90 L'Oreal France

10 Bernard Arnault & family $29B 63 LVMH France

11 Christy Walton & family $28.2B 58 Wal-Mart United States

12 Stefan Persson $28B 65 H&M Sweden

13 Michael Bloomberg $27B 71 Bloomberg LP United States

14 Jim Walton $26.7B 65 Wal-Mart United States

15 Sheldon Adelson $26.5B 79 casinos United States

16 Alice Walton $26.3B 63 Wal-Mart United States

17 S. Robson Walton $26.1B 69 Wal-Mart United States

18 Karl Albrecht $26B 93 Aldi Germany

19 Jeff Bezos $25.2B 49 Amazon.com United States

20 Larry Page $23B 39 Google United States

21 Sergey Brin $22.8B 39 Google United States

22 Mukesh Ambani $21.5B 55 petrochemicals, oil & gas India

23 Michele Ferrero & family $20.4B 87 chocolates Italy

24 Lee Shau Kee $20.3B 85 diversified Hong Kong

24 David Thomson & family $20.3B 55 media Canada

 

-- Forbes

Republished from the Winnipeg Free Press print edition March 5, 2013 B4

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