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Lucky eighth for Li on rich list

Wednesday, March 06, 2013

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"Superman" Li Ka-shing is on the move again - up Forbes' rich list.

The Cheung Kong tycoon, pictured, is lucky eighth on the magazine's latest list with US$31 million (HK$241.8 billion), up a place from last year when his assets were worth US$25.5 billion.

That makes him the richest man in Asia, with Mukesh Ambani of India trailing on 22nd, with US$21.5 billion.

Mexico's Carlos Slim remains the world's richest man for the fourth year in a row with a fabulous US$73 billion, 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 US$4.2 billion (HK$32.7 billion).

A record 1,426 people around the world made Forbes magazine's latest annual count of billionaires, up 16 percent from last year.

The United States continued to be home to the most billionaires in the world, with 442, followed by the Asia- Pacific region, with Europe rounding out the top three.

Slim's worth increased from US$69 billion a year earlier.

Bill Gates of Microsoft held on to second place with US$67 billion.

Berkshire Hathaway's Buffett was worth US$53.5 billion.


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