Forbes' richest: Slim tops list, 9 Georgians make cut | News
NEW YORK -- Forbes magazine says Mexico's Carlos Slim remains the world's richest man for the fourth year in a row, while Warren Buffett dropped out of the top three for the first time since 2000.
A record 1,426 people around the world made the Forbes latest annual tally of billionaires, up 16 percent from last year. Their average net worth was $3.8 billion, rising 3 percent from 2012.
Slim's net worth increased to $73 billion from $69 billion a year earlier. Bill Gates of Microsoft Corp. held on to second place, but Berkshire Hathaway's Buffett slipped to the fourth spot with a $53.5 billion net worth. Buffett was surpassed by Spanish clothier Amancio Ortega, who jumped two spots from 2012 with a net worth of $57 billion.
Oracle's Larry Ellison is in fifth place with $43 billion, followed by brothers Charles and David Koch tied for sixth, each with $34 billion. Hong Kong investor Li Ka-shing is in eighth place with $31 billion. From France, L'Oreal cosmetics heiress Liliane Bettencourt is in ninth place with $30 million and LVMH owner Bernard Arnault with $29 billion.
Nine Georgians are on this year's list.
Anne Cox Chambers (#80) is the surviving daughter of Cox Enterprises founder James Cox, while Jim Kennedy (#198) is James Cox's grandson. Chick-fil-A founder S. Truett Cathy is at number 308. Home Depot co-founder and Georgia Aquarium benefactor Bernie Marcus is listed at #437. Media mogul Ted Turner is listed at #736. Atlanta Falcons owner and Home Depot co-founder Arthur Blank is on the list at #931. Mohawk Industries president & CEO Jeffrey Lorberbaum is at number 1250.
Forbes list newcomer Edir Macedo (#1268) is the owner of Brazil's second largest broadcaster, Rede Record. In addition, the Atlanta resident owns Atlanta low-power Telemundo affiliate W67CI. Spanx founder Sara Blakely made the list for the first time last year and clocks in this year at number 1342.