1-3 Rich Man

1. Carlos Slim Helu

Net Worth: $74 billion – as of March, 2011
Source: Telmex, America Movil, Grupo Carso
Age: 71 years
Citizenship: Mexico       

Carlos Slim Helu is the world’s richest person for the second time in a row. According to the financial details provided, he is also the biggest gainer in his business for which he added $20.5 billion. This has drastically increased the gap between him and world’s second richest person Mr. Bill Gates, cofounder of Microsoft, to $18 billion. The rise in the wealth came through strong Mexican stock market, stronger Peso, successful mining and increasing real estate from his group “Grupo Carso”. Telmex, is fixed line telecom company has been merged into America Movil, which is the largest wireless provider inLatin America. He also has holdings in retailers of Saks and New York Times. The slim family stake in the wireless carrier holding accounts for about 62% of the total worth.

2. Bill Gates

Net Worth: $56 billion – as of March, 2011
Source: Microsoft
Age: 56 years
Citizenship: United States of America

With $56 billion net worth, Bill Gates, is the second richest person in world. The only reason behind this particular downfall is the reason of his donation to his foundation, the Gates foundation. $30 billion is yearly donated by Bill Gates to the charity in order to tackle tuberculosis and polio. Apart from this, the foundation also pushing forward the development of AIDS vaccine and looking out for better tools to rate teacher performance. He also influenced many other worlds’ richest people to sign “giving pledge”, promising them to donate some of their wealth to the charity to overcome important crisis that is prevailing across different countries of the world.

3. Warren Buffet

Net Worth: $50 billion – as on March, 2011
Source: Berkshire Hathaway
Age: 80 years
Citizenship: United States of America

He is an American business magnate and well noted philanthropist. He is well known for his investments all throughout the world and the decisions he takes in investments. He is the primary shareholder, chairman and CEO ofBerkshireHathaway. He is also known as “Oracle of Omaha”, “Sage of Omaha” and “Wizard of Omaha”. He is one of the members who pledged for “Giving Pledge” started by Bill Gates and about 99% of his fortune will be utilized through Gates Foundation. He is also a board member of trustees at GrinnellCollege.