Telecoms tycoon Carlos Slim Helu is world’s richest man

The Mexican telecoms magnate Carlos Slim Helu has been named the world’s richest man, with a net worth of $53.5 billion (£36 billion), the first time since 1994 that the No 1 spot has been held by a non-American.

The annual billionaires list published by Forbes magazine shows that the number of billionaires increased from 793 to 1,011.

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