Carlos Slim of Mexico heads this list with $69 billion
Carlos Slim Helu
GLOBAL RANK: 1
$69 BILLION
MEXICO, Telecom, Diversified
Slim retains the title of world’s richest man for the third year in a row despite a fortune that’s $5 billion smaller than a year ago—primarily because of a lower share price for telecom giant América Móvil, which accounts for more than half his net worth. In April the company was fined $1 billion by Mexican regulators for monopolistic practices but is appealing the decision.
(This story appears in the 30 March, 2012 issue of Forbes India. To visit our Archives, click here.)