In the last year’s Forbes Magazine’s Rich List, a 70-year-old Mexican telecommunications mogul, Carlos Slim, worth an estimated fortune of $53.5 billion, succeed in surprising Bill Gate’s $53 billion. That was a slim margin of $0.5 billion. Before that, Bill Gates had been the richest person for 14 of the past 15 years.

This year, the 71 year old Slim’s fortune leap-frogged by almost $21 billions to reach $74 billion. Bill Gates, 55, has become a distant second with $56 billion worth of fortune. That was according to the Forbes’ World’s Billionaires 2011.

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