Mexican billionaire Carlos Slim remains the world’s richest man

March 10, 2011 According to ' annual released yesterday, Mexican tycoon  is the world's richest person for the second year in a row, with a net worth of 74 billion. American, co-founder of Microsoft Corp, is again listed in second place with US$56 billion while investor of  is third.

China added the most new billionaires to the list with 54 while Russia added 31. The US came in third, with 23 new billionaires; American, chairman of Facebook, more than tripled his net worth to US$13.5 billion, placing him in Forbes' 52nd spot.

Although the US is home to 413, more than any other country, the changing distribution of global finances is evident. Today, due to the increasing wealth of, just one in every three billionaires is American, a decline from ten years ago when Americans numbered one in every two. Brazil, Russia, India and China together accounted for more than 108 new billionaires. Last year, New York was home to more billionaires than any other city in the world, while this year Moscow is home to 79, which beats New York's current number of 58.

Forbes lists a world total of 1,210 billionaires whose combined wealth is US$4.5 trillion, an increase from last year's total of US$3.6 trillion.