Mexico's Slim is richest man in the world, beats Bill Gates again(update)


MEXICO CITY: Two Mexican mining magnates have moved up Forbes' annual list of the world's richest, headed once again by compatriot Carlos Slim, underscoring the challenge the new government faces to narrow the wealth gap and pull millions out of poverty.

Slim's fortune - from an empire that stretches from telecoms to retail, to mining and banking - rose nearly 6 percent to $73 billion in 2012. The tycoon topped the list for the fourth year in a row, ahead of Microsoft founder Bill Gates.

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