Top 10 Richest People - 2010

Mexican tycoon Carlos Slim is the new richest person in the world, knocking Microsoft founder Bill Gates into second spot, Forbes said on Wednesday.

It is only the second time since 1995 that Gates has lost the crown, said the magazine.

Here is Forbes ranking of the 10 richest people in the world:

1. Carlos Slim (Mexico) - $US53.5 billion, telecommunications

2. Bill Gates (USA) - $US53 billion, Microsoft

3. Warren Buffett (USA) - $US47 billion, Berkshire Hathaway

4. Mukesh Ambani (India) - $US29 billion, petrochemicals, oil and gas

5. Lakshmi Mittal (India) - $US28.7 billion, steel

6. Larry Ellison (USA) - $US28 billion, Oracle

7. Bernard Arnault (France) - $US27.5 billion, LVMH

8. Eike Batista (Brazil) - $US27 billion, mining, oil

9. Amancio Ortega (Spain) - $US25 billion, retail

10. Karl Albrecht (Germany) - $US23.5 billion, supermarkets

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