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Forbes’ list of world’s billionaires is unsurprisingly light on Canadians

By Robert Furtado
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The second-richest man in the world (Image: WEC)
The second-rechest man in the world

Silence last year’s symphony of miniature violins—the billionaire bubble that shrank 30 per cent during the recession is expanding again. One hundred and sixty-four 10-figure tycoons have returned to Forbes’ annual list of the world’s billionaires, with an unlikely telecom giant from Mexico taking the top spot, thanks to his net worth of $53.5 billion. Surging prices at his various telecom holdings increased Carlos Slim Helu’s net worth by $18.5 billion over the past year, allowing him to nudge out the one-man empires of Bill Gates (#2) and Warren Buffet (#3). Only one Canadian made it into the company of Forbes’ top 50 richest people. David Thomson (#20), of Thomson Reuters, bumped long-time rival Michael Bloomberg (yes, that Michael Bloomberg) from the top 20.

• Bill Gates No Longer World’s Richest Man [Forbes]

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