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  1. Wealth
March 11, 2010

Billionaires bounce back

By Spear's

The new Forbes World’s Billionaires List has been released and it shows that there are nearly a quarter more biilionaires this year than last (1,011 against 793) and that their average net worth has increased by $500m to $3.5bn.

The new Forbes World’s Billionaires List has been released and it shows that there are nearly a quarter more biilionaires this year than last (1,011 against 793) and that their average net worth has increased by $500m to $3.5bn.

The other major trend was a strong increase in Asian billionaires and a decrease in American ones: Asia added 104 new billionaires, while the total American share of billionaire wealth fell from 44 per cent to 38 per cent. There were 27 new Chinese billionaires.

In individual terms, Carlos Slim Helu ($53.5bn, up $18.5bn), the Mexican telecoms magnate, has superseded Bill Gates ($53bn, up $13bn), while Warren Buffett is in third ($47bn, up $10bn), making this the third successive year the leader has changed.

Thirty people fell off the list, including Boris Berezovsky and Raj Rajaratnam, who was arrested last year on charges of insider trading.
 

  
Visit forbes.com to explore the full list

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