Slashdot updated today that Billy Boy is no more the Richest man in the world. The position is, however, not official. The standard is Forbes list.
Billy Boy has been surpassed by Carlos Slim, the Mexican Telecom tycoon. Bill’s current estimated wealth is $ 59.2 billion, while slims estimated wealth is $67.8 billion.
Two of the most obvious reasons are:
- A surge of 27% in the stock price of Slim’s wireless company, America Movil, in the second quarter
- Bill reduced his net wealth by more than $30 billion, which he put in the Bill and Melinda Gates Foundation. 🙂
Nothing really. To a question asked to him at the Microsoft conference last year, whether he’d be upset if someday he wasn’t the richest creature ;), he responded, “”I wish I wasn’t. “There’s nothing good that comes out of that.”
Moreover, he’d be retiring in a year’s time and would be dedicating he’s time, energy, and money to the Bill & Melinda Gates Foundation. I wish him luck. 🙂