Carlos Slim remains the world's richest man for the fourth year in a row

Mexico's Carlos Slim remains the world's richest man for the fourth year in a row, according to Forbes, while Warren Buffett dropped out of the top three for the first time since 2000.
And Facebook's Mark Zuckerberg saw his ranking drop 31 spots as his net worth declined by $4.2 billion.

A record 1,426 people around the world made Forbes magazine's latest annual tally of billionaires, up 16 percent from last year. Their average net worth was $3.8 billion, rising 3 percent from 2012. The total net worth for the list's billionaires was $5.4 trillion compared with $4.6 trillion a year ago.


The U.S. continued to house the most billionaires in the world, with 442 of them. It was followed by the Asia-Pacific region, with Europe rounding out the top three.

There were 210 new faces on the list, with Forbes saying many were helped by rebounding equity markets and strong consumer brands.

Slim's net worth increased to $73 billion from $69 billion a year earlier. Bill Gates of Microsoft Corp. held on to second place with a net worth of $67 billion.

Berkshire Hathaway Inc.'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.

Meanwhile,Cement mogul, Alhaji Aliko Dangote, moved up 33 places from the 76th position, which he occupied on the list of richest men and women in the world compiled by US-based Forbes Magazine last year, to emerge the 43rd richest man on earth in 2013.

According to the magazine, Dangote was valued at $16.1 billion in 2013 and retained his position as Africa’s richest man for the third year in a row.

The second Nigerian on the list is Michael Adenuga Jnr, with a net worth of $4.7 billion. Adenuga occupied the 267th position on the Forbes list and is the fifth richest man in Africa.

Speaking exclusively to THISDAY last night, Dangote said his target is to enter the exclusive league of top five richest men in the world in the next four years.

Dangote, who has massive investments in the cement, sugar and real estate sector, had an eventful year in 2012.

In October, he sold off controlling interest in his Dangote Flour Plc to Tiger Brands of South Africa and pocketed $190 million in cash. In February, his Dangote Sugar Refineries acquired a 95-per-cent stake in Nigerian sugar producer Savannah Sugar in a bid to maintain its dominant position in the local sugar industry.

He also did the ground breaking for the 2.8-million-ton fertiliser plant in Edo State at a cost of $1.7 billion and when finished, will be the largest in the world. The plant is scheduled for completion in three years’ time.

Dangote said he intends to ramp up cement production at his plants in the next four years from the current 16-17 million tonnes in Nigeria and Ghana to 100 million tonnes from new output coming from sub-Saharan Africa and the Middle East.

Last year, the business man also acquired a yacht, which he named after his mother, Amiya..See Aliko Dangote position below :)

Forbes Billionaires : Number 43
Nigeria : Nuber 1
Africa's 40 Richest : Number 1

See the full list here : Forbes.com

Source : Yahoo.com