₦airaland Forum

Mexican tycoon Carlos Slim is the world's richest man, worth an estimated $67.8 billion, after overtaking Microsoft founder Bill Gates, according to a respected tracker of Mexican financial wealth on Monday.

A 27% surge in the share price of America Movil, Latin America's largest cell phone operator controlled by Slim, from March to June made him close to $8.6 billion wealthier than Gates, said Eduardo Garcia in Sentido Comun, the online financial publication he founded.

Garcia estimated that Gates was worth $59.2 billion.