| Gates Widens Lead Over Slim as World's Richest Bloomberg | |
| go to original June 1, 2013 |
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The 200 richest people on the planet erased $26.6 billion from their collective net worth this week as Microsoft Corp. co-founder Bill Gates, 57, extended his lead over Mexico’s Carlos Slim as the world’s richest person to $4.3 billion, according to the Bloomberg Billionaires Index.
Almost all of Gates’s investments, including a 4.8 percent stake in Redmond, Washington-based Microsoft, have soared this year while Slim’s main holding, a 44 percent stake in America Movil SAB, the largest mobile-phone operator in the Americas, has fallen 14 percent.
America Movil has struggled as lawmakers in Mexico put together new rules to crack down on the dominance of the company, which has 70 percent of the nation’s mobile-phone subscribers.
Read the rest at Bloomberg
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