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Bill Gates No Longer Richest Man In The World

Mar. 11 2010, Published 3:57 p.m. ET

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Bill Gates is no longer the world's richest man in the world!

The Microsoft tycoon was edged out of the top spot of a new Forbes list top detailing the world’s richest people by Mexican telecommunications businessman Carlos Slim, who has an estimated $500 million more than Gates.

Gates, who held the title for 16 years, actually had a very profitable 2009, collecting another $13 billion after Microsoft shares rose about 50 percent.

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Other famous faces on the list include Oprah Winfrey (tied for No. 400 with $2.4 billion), Donald Trump ($2.0 billion) and designer Ralph Lauren ($4.6 billion). Harry Potter author J.K. Rowling came in at number 937 with a cool $1 billion.

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