Net Worth: $69 billion DOWN
Carlos Slim Helú retains the title of world's richest man for the third year in a row despite a fortune that's $5 billion smaller than a year ago--primarily because of a lower share price for telecom giant America Movil, which accounts for more than half his net worth. In April the company was fined $1 billion by Mexican regulators for monopolistic practices but is appealing the decision. Slim is spending more time working with his Carlos Slim Foundation and the Telmex Foundation than he has in the past. His goal: philanthropic work that develops human capacity.
(REUTERS/STRINGER) More From Forbes: The World’s Billionaire Women The World’s Billionaire Newcomers The World’s Youngest Billionaires The World’s Billionaire Dropoffs The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.