Bill Gates still world's second richest person
Microsoft's co-founder was once again topped by Mexican businessman
Carlos Slim Helu, according to Forbes' list of the world's billionaires.
Bill Gates is now worth $67 billion. But he's still only No. 2 among the world's wealthiest people.
Released today, Forbes' ranking of the richest people on the planet found Gates' fortune up $6 billion this year. The increase came not so much from Microsoft stock, which has shown little sign of life recently, but from other financial holdings and private investments.
More importantly, Forbes dubbed Gates the world's most generous person. Microsoft's chairman continues to devote a large amount of his fortune to the Bill & Melinda Gates Foundation with the goal of wiping out polio, malaria, and other dangerous diseases. The foundation has already spent more than $28 billion on its various causes.
Even further, Gates has been convincing fellow billionaires across the world to sign the Giving Pledge over the past few years through which they promise to donate the majority of their wealth to philanthropic causes. Gates has also teamed up with Helu to build a $25 million agricultural research center in Mexico, which leads us to the world's richest man.
With a net worth of $73 billion, Helu topped the richest list for the fourth consecutive year. His wealth climbed $4 billion this year, thanks to rising investments in his own companies. His mobile telecommunications business America Movil is his healthiest asset at $36.3 billion, according to Forbes.
Oracle CEO Larry Ellison took fifth place worldwide with a worth of $43 billion. He is the third wealthiest man in the U.S. behind Gates and Berkshire Hathaway CEO Warren Buffett. Ellison's fortune increased this year thanks in no small part to a 20 percent climb in his own shares of Oracle. Like Gates and Helu, Ellison has also been donating some of his vast wealth to philanthropic causes.
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Bill Gates is the world's second richest person but its most charitable, according to Forbes.
(Credit:
Screenshot by Shara Tibken/CNET) |
Bill Gates is now worth $67 billion. But he's still only No. 2 among the world's wealthiest people.
Released today, Forbes' ranking of the richest people on the planet found Gates' fortune up $6 billion this year. The increase came not so much from Microsoft stock, which has shown little sign of life recently, but from other financial holdings and private investments.
More importantly, Forbes dubbed Gates the world's most generous person. Microsoft's chairman continues to devote a large amount of his fortune to the Bill & Melinda Gates Foundation with the goal of wiping out polio, malaria, and other dangerous diseases. The foundation has already spent more than $28 billion on its various causes.
Even further, Gates has been convincing fellow billionaires across the world to sign the Giving Pledge over the past few years through which they promise to donate the majority of their wealth to philanthropic causes. Gates has also teamed up with Helu to build a $25 million agricultural research center in Mexico, which leads us to the world's richest man.
With a net worth of $73 billion, Helu topped the richest list for the fourth consecutive year. His wealth climbed $4 billion this year, thanks to rising investments in his own companies. His mobile telecommunications business America Movil is his healthiest asset at $36.3 billion, according to Forbes.
Oracle CEO Larry Ellison took fifth place worldwide with a worth of $43 billion. He is the third wealthiest man in the U.S. behind Gates and Berkshire Hathaway CEO Warren Buffett. Ellison's fortune increased this year thanks in no small part to a 20 percent climb in his own shares of Oracle. Like Gates and Helu, Ellison has also been donating some of his vast wealth to philanthropic causes.
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