While the editor in chief of “Forbes” magazine, Steve Forbes claims that the number of new billionaires in the world is a clear sign that the economies around the globe are recovering from their near-total collapse, the reality of the latest Forbes list actually shows something else. That is a continued distribution of wealth from the poor to the rich.
The Billionaires list counts 1,011 Billionaires in 56 countries, 218 more than last year, however in the year before the crisis there were 1,125. The actual net worth of the world’s billionaires has risen by around 50 per cent, a clear sign that the world’s rich are getting richer.
The world’s new “richest man” Carlos Slim Helu, a telecommunications mogul from Mexico, came as a surprise. Slim took away first place from Bill Gates. Third on the list came Warren Buffett.
The Forbes rankings are based on estimates and analysis of share values in publicly traded and privately held companies; real estate possessions; and investments in items such as art, gems and yachts; and compiled as of the close of U.S. markets on 12th February.
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