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Tuesday, July 3, 2007

Gates no longer richest man

Mexican telecom tycoon Carlos Slim has overtaken Bill Gates as the worlds wealthiest person according to the Forbes annual rich list. Slim more than doubled his personal net worth to an estimated $67.8 billion dollars, up from $30 billion last year, dethroning Gates who held top spot for 13 consecutive years. Looks like IT is still a profitable venture.

The Register story here.

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