According to Forbes Magazine's list of the world's richest people released today, Bill Gates has been surpassed by Mexican billionaire Carlos Slim. Although Slim's net worth only exceeds Gates's by $500 million, the news is significant as this is only the second time since 1995 that Gates was not listed as the richest. Slim has primarily made his fortune through a variety of telecom assets, and recently made a $250 million investment in the New York Times. Slim joins a growing number of billionaires to make Forbes's list from the developing world: two billionaires from India and one from Brazil are included on the top 10 list.
Chris Bilbro
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