09 March 2012 11:27 | By Francis Whittaker
Forbes Billionaires List 2012: The top ten

1. Carlos Slim



Carlos Slim (© Reuters/ALLISON JOYCE)
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  • Bernard Arnault (© Reuters/GONZALO FUENTES;)
  • Warren Buffett (© Reuters/RICK WILKING)
  • Bill Gates (© Reuters/ALESSANDRO BIANCHI)
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Despite his net worth falling US$5 billion since last year, Mexican telecoms magnate Carlos Slim holds onto the top spot for a third year running with a fortune US$69 billion. His company's shares have fallen this year, and they were fined US$1 billion by Mexican regulators for supposed monopolistic practices, a decision which they are appealing. The 72-year-old has decided to devote more time to developing his philanthropic work.

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