From the category archives:

Financial News

Carlos Slim Helu takes No. 1 spot on Forbes World’s Billionaires list as a record 164 10-figure titans return to the ranking amid the global economic recovery. For the third time in three years, the world has a new richest man.

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Eight of the 937 billionaires listed on 2010 Forbes’ Billionaire ranking are Africans; four Egyptians, three South Africans, and one Nigerian.

Who are they?

#1
Nassef Sawiris (48), 127th wealthiest man in the world; took over leadership of Orascom’s construction and fertiliser division in 1998. Youngest son of the Sawiris (#3). Net worth: $5.9 billion. Country: Egypt.

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