Page last updated at 19:25 GMT, Thursday, 11 March 2010

Mexican telecom giant Carlos Slim tops rich list

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Mexican telecom giant Carlos Slim has topped Forbes magazine's billionaire's list - the first time since 1994 that an American has not led the rankings.

Mr Slim's fortune rose by $18.5bn (£12.4bn) last year to $53.5bn.

In second place is Microsoft founder Bill Gates with $53bn and US investor Warren Buffett ($43bn) in third.

Rory Cellan-Jones reports.

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