Forbes Rich List Has Implications for Global Philanthropy

March 15, 2010, Chronicle of Philanthropy — The richest man in the world is no longer American, but Mexican, a sign of the developing world's wealth — and potentially foreshadowing a shift in philanthropy.

With $53.5-billion, the Mexican telecommunications investor Carlos Slim Helu edged out Bill Gates as the top billionaire, says Forbes magazine. It also notes that Brazil, Russia, and Turkey experienced significant growth in the number of superwealthy.