Move Over Bill Gates, Meet the World’s News Richest Man!!

It wasn’t Bill Gates or Warren Buffet who was topping the list as Forbes’s richest man. It was Carlos Slim Helu, top dog in telecommunications. Carlos is no stranger to the richest man list, but this year he blew all of the competition out of the water. So what exactly does it take and how big of a bank account does one need for the fine folks at Fortune to take notice? Easy: an obscene, ridiculous amount of money.

Slim’s fortune has swelled to an estimated $53.5 billion, up $18.5 billion in 12 months. Shares of America Movil, of which Slim owns a $23 billion stake, were up 35% in a year.

An $18.5 billion jump in just 12 months?!? If only we can all be that lucky.

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