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Bill Gates Once Again Is Richest Man in World

Posted: May. 17th, 2013  |  By DailyLuxe News

A 28-percent increase in the price of Microsoft’s stock has made its cofounder, Bill Gates, the richest man in the world again, according to Bloomberg’s Billionaire Index, reports the L.A. Times.

The retired CEO of Microsoft has been putting his energy intophilanthropic activities through the Bill & Melinda Gates Foundation since 2008.  

Gates relinquished the number-one position to Warren Buffet, the top shareholder, chairman, and CEO of Berkshire Hathaway, in 2007. The spike in Microsoft’s stock added $10 billion to Gates’ wealth.

At the same time, Mexico's Carlos Slim has seen his fortune's fall as a result of a bill passed by Mexico's Congress that loosened the stranglehold his company, America Movil SAB, had on the Mexican telecommunications market, according to Bloomberg. Slim's fortune fell by $2 billion to $72.1 billion. 

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