| Bill Gates Retakes World's Richest Title From Mexico's Carlos Slim Alex Cuadros & Crayton Harrison - Bloomberg News | |
| go to original May 17, 2013 |
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Bill Gates became the world’s richest person today, the first time he has held the title since 2007. His fortune was valued at $72.7 billion at 4 p.m. in New York, according to the Bloomberg Billionaires Index.
Gates, 57, was more than $550 million ahead of Carlos Slim, who has a $72.1 billion net worth. The co-founder of Redmond, Washington-based Microsoft Corp. (MSFT) has seen his fortune climb about $10 billion this year. The software maker’s shares hit a five-year high today, and have advanced 28 percent year-to-date.
Slim’s fortune has dropped more than $2 billion this year as Mexico’s Congress passed a bill to quash the market dominance of the 73-year-old billionaire’s America Movil SAB.
Read the rest at Bloomberg News
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