Forbes's first annual list of the world's billionaires, published a quarter-century ago, had 140 names. This year, a record 1,226 billionaires made the list, with a combined net worth of $4.6 trillion, also a record and up from $4.5 trillion in 2011.
Innovation, strong consumer brands and a rebounding U.S. stock market helped produce 128 newcomers to this year's list and brought 17 former members back into the billionaire ranks. Falling stock markets, particularly in China and Russia, were mainly responsible for knocking out 117 individuals.
Overall, 460 billionaires got richer, 441 got poorer and 180 held steady.
This year's billionaires come from 58 countries. The United States remains home to more billionaires than any other nation, with 425, a gain of 12. But only three of the 10 richest hail from the United States, one fewer than last year.
Mainland China and Russia have 95 and 96, respectively, on the list, down from 115 and 101 last year. The
BRIC nations, which were such a force of wealth creation a year ago, have 26 fewer 10-figure fortunes, with only Brazil adding to its bounty.
Carlos Slim HelĂș of Mexico tops the ranks for the third consecutive year, but the gap between him and
Bill Gates tightened. Slim's fortune, at $69 billion, is down $5 billion from a year ago. He was one of seven in the top 20, including
Warren Buffett and
Larry Ellison, whose fortunes slipped.
Meanwhile Gates, whose foundation helped wipe out polio in India, was $5 billion richer, at $61 billion, thanks to the rising value of
Microsoft (
MSFT) shares. (Microsoft publishes MSN Money.)
French businessman Bernard Arnault, (pictured above, right), remains in the No. 4 spot this year.
Amancio Ortega, the man behind fashion chain
Zara, moved into the top five for the first time.
Lakshmi Mittalof India, who runs the world's largest steel company,
ArcelorMittal (
MT), was the year's biggest loser. His fortune plummeted by $10.4 billion, knocking him out of the top 10 for the first time since 2004.
Facebook's Mark Zuckerberg is worth $17.5 billion, up $4 billion from a year ago. Zuckerberg is in line to move up in next year's rankings, as Facebook is poised to go public this spring.
Notable newcomers with stellar brands include
Kevin Plank, founder of performance apparel maker
Under Armour (
UA), and
Sara Blakely, with her
Spanx line of shapewear.
Click ahead for details about the men at the top of the 2011 list, then go to
Forbes.com for the full report on the world’s billionaires.
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